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DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 03/1220D2 among, the Grantor, JUDITH A MURPHY AND BENNE'i"1 R MURPHY JR., WIFE
<br />AND HUSBAND, ( "Bomnwer "),
<br />AREND R BAACK, ATTORNEY, whose residence address is R O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, u corporation organized and existing under the
<br />laws ofNEBRASKA whose address is 221 SOUTH LOCUST S'fRP,E'f, 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: 2309 E STOLLEY PARK RD, GRAND ISLAND, Nebraska 68801 (�
<br />LEGAL DESCRIPTION:
<br />LOI' FOUR (4), IN SANDY BEACH SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower cormorants and warrants title to the property, except for
<br />SECURED DEBT: This decd oftrust secures to Lender repayment of the secured debt and the performance of the convenants and agreements
<br />contained in this deed oftrust 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 instmuient 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 />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/12/2002
<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 end will be secured to the scone extent as if made on the date of this decd oftrust is executed.
<br />0 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 March 16, 2005 ifnot paid earlier.
<br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amuurd of $7,494.29, 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 oftrust, with interest on such dishursements.
<br />O Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />❑ A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead Clinched to this deed of trust and made a part hereof has
<br />been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convpbants retained in th deed oftrust, including those cot page
<br />2, and in a riders described above signed by Borrower. = i
<br />�� of -
<br />UDITH A MURPHY BENNETT R MURPHY, `JR
<br />ACKNOWLEDGMENT: S' FA' I OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me na 03/12/2002
<br />By JUDITH A MURPHY and BENNETT R MURPHY JR, WIFE AND HUSBAND
<br />My commission expires: Afga r. 5/ )nn � /1/1 V.
<br />!/ X4 rr �Ct )11 (Notary Public)
<br />(/ BE UKNOTPRY- SulDoi Nabnsks
<br />CHERYL L KOSMICKI
<br />x,�s My 0omm. Em. MarchS20C6 J
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<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 03/1220D2 among, the Grantor, JUDITH A MURPHY AND BENNE'i"1 R MURPHY JR., WIFE
<br />AND HUSBAND, ( "Bomnwer "),
<br />AREND R BAACK, ATTORNEY, whose residence address is R O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, u corporation organized and existing under the
<br />laws ofNEBRASKA whose address is 221 SOUTH LOCUST S'fRP,E'f, 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: 2309 E STOLLEY PARK RD, GRAND ISLAND, Nebraska 68801 (�
<br />LEGAL DESCRIPTION:
<br />LOI' FOUR (4), IN SANDY BEACH SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower cormorants and warrants title to the property, except for
<br />SECURED DEBT: This decd oftrust secures to Lender repayment of the secured debt and the performance of the convenants and agreements
<br />contained in this deed oftrust 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 instmuient 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 />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/12/2002
<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 end will be secured to the scone extent as if made on the date of this decd oftrust is executed.
<br />0 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 March 16, 2005 ifnot paid earlier.
<br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amuurd of $7,494.29, 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 oftrust, with interest on such dishursements.
<br />O Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms ofthat obligation.
<br />❑ A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead Clinched to this deed of trust and made a part hereof has
<br />been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convpbants retained in th deed oftrust, including those cot page
<br />2, and in a riders described above signed by Borrower. = i
<br />�� of -
<br />UDITH A MURPHY BENNETT R MURPHY, `JR
<br />ACKNOWLEDGMENT: S' FA' I OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me na 03/12/2002
<br />By JUDITH A MURPHY and BENNETT R MURPHY JR, WIFE AND HUSBAND
<br />My commission expires: Afga r. 5/ )nn � /1/1 V.
<br />!/ X4 rr �Ct )11 (Notary Public)
<br />(/ BE UKNOTPRY- SulDoi Nabnsks
<br />CHERYL L KOSMICKI
<br />x,�s My 0omm. Em. MarchS20C6 J
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