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TRUSTOR: TERRANCE L WOOTTON <br />ANITA K WOOTTON <br />4005 PALACE DRIVE <br />Grand Island, NE 68803 <br />[] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. 0. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <br />Home Federal Savings and Loan Association of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <br />Organized and Existing Under the Laws of The State of Nebraska <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOTS THIRTY SIX (36) AND THIRTY SEVEN (37), INDIANHEAD SUBDIVISION, IN THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in - - - - - - - - - - Hall-----.-. at 4122 AND 4128 INDIANHEAD <br />--------------- - -- <br />(County) <br />DRIVE _ _ _ _ _ _ _ Grand Island , Nebraska 68803 <br />------- - - - - -- ------- - - - - -- ------ - - - - -' <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 461 0 -0 0.., 00 _ _ _ - .. This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FU'T'URE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 08/26/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page I of 4) <br />J5415cr tM 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />(M C165(NE) (030 1) VMP MORTGAGE FORMS - (800)521.7291 <br />T� ] <br />y <br />.... <br />C rn cn <br />o <br />CD <br />O <br />� ~ <br />CID <br />C <br />� ` <br />row— <br />CD <br />V) <br />r <br />200508441 <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />.2k e-D <br />(With Future Advance Clause) <br />Construction Security Agreement <br />Master form recorded by -------------------- <br />-.. ---- ---------------------------- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug 26,- 2005 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: TERRANCE L WOOTTON <br />ANITA K WOOTTON <br />4005 PALACE DRIVE <br />Grand Island, NE 68803 <br />[] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. 0. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <br />Home Federal Savings and Loan Association of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <br />Organized and Existing Under the Laws of The State of Nebraska <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOTS THIRTY SIX (36) AND THIRTY SEVEN (37), INDIANHEAD SUBDIVISION, IN THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in - - - - - - - - - - Hall-----.-. at 4122 AND 4128 INDIANHEAD <br />--------------- - -- <br />(County) <br />DRIVE _ _ _ _ _ _ _ Grand Island , Nebraska 68803 <br />------- - - - - -- ------- - - - - -- ------ - - - - -' <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property "). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 461 0 -0 0.., 00 _ _ _ - .. This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FU'T'URE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 08/26/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page I of 4) <br />J5415cr tM 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />(M C165(NE) (030 1) VMP MORTGAGE FORMS - (800)521.7291 <br />