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<br /> Return To:
<br /> Home Federal Savin�s&Loan
<br /> P O Box ]009
<br /> Grand Island,NE 68802
<br /> DEED OF TRUST
<br /> PARTiES: This Deed of Trust is made on May 7, 2015 among the Grantor, Leroy C Hoelck, Trustee of the Hoelck
<br /> Family Trust dated September 26,2006 ("Borrower"),AREND R BAACK, ATTORNEY,whose residence address is P.
<br /> O. Box 790, Grand Island, Ha11 County, Nebraska("Trustee"), and the Beneficiary, HOME FEDERAL SAVINGS AND
<br /> LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the laws of NEBRASKA
<br /> 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,
<br /> the real property,of which Borrower is lawfully seized,described below and all buildings,fixtures,and existing and future
<br /> improvements thereon and all rights-of-way,easements,rents, issues,profits,income,tenements,hereditaments,privileges
<br /> and any appurtenances thereunto belonging(all called the"property").
<br /> PROPERTY ADDRESS: Parcel at Hwy 2&North Rd,Grand Island,NE 68801
<br /> LEGAL DESCRIPTION:
<br /> See Attached Exhibit"A"For Legal Description
<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
<br /> convenants and agreements contained in this deed of trust and in any other document incorporated herein. Secured debt,
<br /> as used in this deed of trust, includes any amounts Borrower owes to Lender under this deed of trust or under any
<br /> instrument secured by this deed of trust,and all modifications,extensions and 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 August 16,2013.
<br /> ❑ Future advances: The above amount is secured even though all or part of it may not yet be advanced.
<br /> Future advances are contemplated and will be secured to the same extent as if made on the date of this deed of
<br /> trust is executed.
<br /> All amounts owed under this agreement are secured even though all amounts may not yet be advanced. Future advances
<br /> under the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is
<br /> executed.
<br /> The above obligation is due and payable on September O1,2018,if not paid earlier.
<br /> The totai unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principai amount of
<br /> $124,250.00, plus interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this
<br /> deed of trust or to perform any of the 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
<br /> terms of that obligation. A Rider containing the terms under which the interest rate may vary is attached to this deed of
<br /> trust and made a part hereof.
<br /> Riders:
<br /> ❑ PUD ❑ Condominium ❑ ARM ❑ Other
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