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PARTIES: This Deed of Trust is made on 01/24/2005 among, the Grantor, JACOB BAUER and PATRICIA BAUER, HUSBAND AND WIFE <br />( "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: 325 WAINWRIGHT, Grand Island, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOT ELEVEN (11), OF SUBDIVISION OF LOT NINE (9), IN WINDOLPH SUBDIVISION OF PART OF THE NORTHEAST QUARTER <br />OF THE NORTHWEST QUARTER (NE1 /4NW1 /4)AND IN THE NORTHWEST QUARTER OF THE NORTHEAST <br />QUARTER(NW1 /4NE1 /4)IN SECTION FOURTEEN(14), TOWNSHIP ELEVEN(11)NORTH, RANGE NINE(9)WEST OF THE SIXTH P.M., <br />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 />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 01/24/2005 <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 January 28, 2015 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 $29,066.66, 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 perform 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 by Borrower. <br />,t2g::�, v4--- L, 4 (L C <br />J COB BAUER PATRICIA BAUER <br />QW& NOTARY - State OI Ne1K" <br />USA R. MAYER <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: Nb Con EW Mq 10, 2W <br />The foregoing instrument was acknowledged before me on 01/24/2005 <br />By JACOB BAUER and PATRICIA BAUER, HUSSBANP AND WIFE <br />My commission expires: <br />/ C-� ___(Notary Public) <br />> <br />�v� <br />n = <br />• <br />J <br />rn <br />7c <br />° <br />(D <br />o <br />M <br />CA <br />r-n <br />7nC <br />= <br />w <br />p <br />o <br />O <br />1 <br />T <br />Z <br />cil <br />> <br />U) <br />cn <br />:N <br />u, 3 <br />n <br />N <br />o <br />Cn <br />co Z <br />DEED OF TRUST <br />Q <br />PARTIES: This Deed of Trust is made on 01/24/2005 among, the Grantor, JACOB BAUER and PATRICIA BAUER, HUSBAND AND WIFE <br />( "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: 325 WAINWRIGHT, Grand Island, Nebraska 68801 <br />LEGAL DESCRIPTION: <br />LOT ELEVEN (11), OF SUBDIVISION OF LOT NINE (9), IN WINDOLPH SUBDIVISION OF PART OF THE NORTHEAST QUARTER <br />OF THE NORTHWEST QUARTER (NE1 /4NW1 /4)AND IN THE NORTHWEST QUARTER OF THE NORTHEAST <br />QUARTER(NW1 /4NE1 /4)IN SECTION FOURTEEN(14), TOWNSHIP ELEVEN(11)NORTH, RANGE NINE(9)WEST OF THE SIXTH P.M., <br />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 />® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 01/24/2005 <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 January 28, 2015 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 $29,066.66, 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 perform 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 by Borrower. <br />,t2g::�, v4--- L, 4 (L C <br />J COB BAUER PATRICIA BAUER <br />QW& NOTARY - State OI Ne1K" <br />USA R. MAYER <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: Nb Con EW Mq 10, 2W <br />The foregoing instrument was acknowledged before me on 01/24/2005 <br />By JACOB BAUER and PATRICIA BAUER, HUSSBANP AND WIFE <br />My commission expires: <br />/ C-� ___(Notary Public) <br />