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N <br />Return To: <br />Home Federal Savings & Loan <br />P 0 Box 1009 <br />Grand Island, NE 68802 <br />rn <br />c <br />r r1 CL1 <br />on VI <br />2 <br />DEED OF TRUST <br />The above obligation is due and payable on August 01, 2016, if not paid earlier. <br />PARTIES: This Deed of Trust is made on July 23, 2015 among the Grantor, James P Dell a/k/a James Philip Dell AND <br />Cynthia J Dell a/k/a Cynthia Jean Dell, HUSBAND AND WIFE ( "Borrower "), AREND R BAACK, ATTORNEY, <br />whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the Beneficiary, HOME <br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under <br />the laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 <br />( "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: 617 Redwood Rd, Grand Island, NE 68803 <br />LEGAL DESCRIPTION: <br />Lot Twenty (20), Westwood Park Twelfth Subdivision, in the City of Grand 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 <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 July 23, 2015. <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 total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of <br />$333,543.00, 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 <br />