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<br />F TRUST
<br />(f)
<br />PARTIES: This Deed of Trust is made on May 11, 2005 among the Grantor, MICHELLE R BENNETT, A®".:
<br />SINGLE PERSON ( "Borrower "), AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790,
<br />Grand Island, Hall 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
<br />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, 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: 1019 E BISMARK RD, GRAND ISLAND, NE 68801
<br />LEGAL DESCRIPTION:
<br />LOT FOUR (4), BLOCK TWO (2), IN VALLEY VIEW SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />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 May 11, 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 June 01, 2035, 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 $21,780.00, 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 />n 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 iUttached 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 apart 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 />MICHELLE R BENNETT
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS;
<br />The foregoing instrument was acknowledged before me on May 11, 2005
<br />By MICHELLE R BENNETT, A SINGLE PERSON
<br />My commission expires;
<br />Notary Public)
<br />�BBIN. NOTARY • State
<br />DWOP H L iTof Nebreal�
<br />IR PEFi
<br />10 Mfr (to W 6th. O.14, 2009
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