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PARTIES: This Deed of Trust is made on 06/27/2005 among, the Grantor, JAMES M MEYER and CAROL A MEYER, HUSBAND AND <br />WIFE ( "Borrower "), <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). <br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of <br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 516 S GRANT, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOTS TWENTY -THREE (23) AND TWENTY -FOUR (24), IN BLOCK SIX (6), IN ASHTON PLACE, AN ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA AND ALL OF FRACTIONAL BLOCK FORTY -NINE (49) IN THE SUBDIVISIONS OF <br />BLOCK FORTY -EIGHT (48) AND FORTY -NINE (49) OF CHARLES WASMER'S THIRD ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SECURED DEBT: This deed of trust secures to Lender repayment of the secured debt and the performance of the convenants and agreements <br />contained in this deed of trust and in any other document incorporated herein, Secured debt, as used in this deed of trust, includes any amounts <br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and <br />renewals thereof. <br />The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof.); <br />IM A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 06/27/2005 <br />Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are <br />contemplated and will be secured to the same extent as if made on the date of this deed of trust is executed. <br />❑ Revolving line of credit agreement dated , with initial annual interest rate of —% <br />All amounts owed under this agreement are secured even though all amounts may not yet be advanced. Future advances under <br />the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed. <br />The above obligation is due and payable on July 05, 2011 if not paid earlier. <br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of $58,210.54, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perfonn any of the <br />covenants contained in this deed of trust, with interest on such disbursements. <br />❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. <br />❑ A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and <br />made a part hereof. <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead iattached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof. <br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and in any riders described above signed b Borrower. <br />&"—� Q'. <br />J MES MEYER CAROL A MEYER <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 06/27/2005 <br />By JAMES M MEYER and CAROL A MEYER, HUSBAND AND WIFE <br />My commis gnemm ska Notary Public) <br />8 <br />M <br />=a <br />Z <br />`r' <br />N <br />- <br />(-- I- <br />rsa <br />M <br />A <br />to <br />- <br />--i M <br />CD <br />(YI <br />cr) <br />{ <br />= r' <br />CZ) <br />0') <br />Lp <br />' <br />tV <br />> <br />F� <br />T <br />CIO <br />U 1 <br />C <br />U7 <br />� <br />-- ilELID -UF TRUST <br />PARTIES: This Deed of Trust is made on 06/27/2005 among, the Grantor, JAMES M MEYER and CAROL A MEYER, HUSBAND AND <br />WIFE ( "Borrower "), <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender "). <br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of <br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of- <br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the <br />"property "). <br />PROPERTY ADDRESS: 516 S GRANT, GRAND ISLAND, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOTS TWENTY -THREE (23) AND TWENTY -FOUR (24), IN BLOCK SIX (6), IN ASHTON PLACE, AN ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA AND ALL OF FRACTIONAL BLOCK FORTY -NINE (49) IN THE SUBDIVISIONS OF <br />BLOCK FORTY -EIGHT (48) AND FORTY -NINE (49) OF CHARLES WASMER'S THIRD ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to the property, except for <br />SECURED DEBT: This deed of trust secures to Lender repayment of the secured debt and the performance of the convenants and agreements <br />contained in this deed of trust and in any other document incorporated herein, Secured debt, as used in this deed of trust, includes any amounts <br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and <br />renewals thereof. <br />The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof.); <br />IM A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 06/27/2005 <br />Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are <br />contemplated and will be secured to the same extent as if made on the date of this deed of trust is executed. <br />❑ Revolving line of credit agreement dated , with initial annual interest rate of —% <br />All amounts owed under this agreement are secured even though all amounts may not yet be advanced. Future advances under <br />the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed. <br />The above obligation is due and payable on July 05, 2011 if not paid earlier. <br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of $58,210.54, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perfonn any of the <br />covenants contained in this deed of trust, with interest on such disbursements. <br />❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. <br />❑ A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and <br />made a part hereof. <br />RIDERS: ASSIGNMENT OF RENTS <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead iattached to this deed of trust and made a part hereof has <br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof. <br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and in any riders described above signed b Borrower. <br />&"—� Q'. <br />J MES MEYER CAROL A MEYER <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 06/27/2005 <br />By JAMES M MEYER and CAROL A MEYER, HUSBAND AND WIFE <br />My commis gnemm ska Notary Public) <br />8 <br />