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DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is P.!iiP_ )._9_,_ _2_0_Q.~ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br /> <br />TRUSTOR: DELBERT A HOSELTON and Penny Whitworth Hoselton aka Penny Marie Hoselton, as <br />husband and wife; Corey Janulewicz and Michelle Hoselton aka Michelle L. Janulewicz, as <br />4786 W. STOLLEY PARK RD. husband and wife; lDnn Hoselton akaLonne Hoselton <br />ALDA, NE 68810 and Dara Hoselton, as husband and wife <br /> <br />~ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br /> <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br /> <br />BENEFICIARY: <br /> <br />Home Federal Savings and Loan Assooiation of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <br /> <br />Organized and Existing Under the Laws of The State of Nebraska <br /> <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (de(med 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 />THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER (SWl/4 SW1/4), NORTH HALF OF THE <br />SOUTHWEST QUARTER (Nl/2 SW1/4) AND THE WEST HALF OF THE SOUTHEAST QUARTER OF THE <br />SOUTHWEST QUARTER (Wl/2 SE1/4 SW1/4) ALL IN SECTION TWENTY-TWO (22), TOWNSHIP ELEVEN <br />(11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA <br /> <br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ lta_l_l_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ at ~.'?J1_6_ R._ _S_~Q~~ _~~_~ ~ _ __ <br />(County) <br />-- -- - -- - - --- __ _ _ _ _______ ___ _ _ _ _ _ _ _ , _ __ ______ _ _ _~~_ __ _ ____ _____ ,Nebraska_ _ _ _ _l?~~:!.9___ __ <br />(Address) (City) (ZIP Code) <br /> <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 /> <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall <br />not exceed $ , 41, 000 ._Q Q _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . 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 FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the tenns 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 12/19/2005 <br /> <br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />~ 0 1 SIil4 Bankers Systems, Inc., St. ClOUd, MN Form RE-OT-NE 1130/2002 <br />.. -C1 65(NE) (0301) VMP MORTGAGE FORMS _ (800)621-7291 <br />* <br /> <br />(paga 1 of 4) <br />