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REAL ESTATE DEED OF TRUST (With Future Advance Clause) D Construction Security Agreement 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isFeb 07, 2006 and the parties, their addresses and tax identification numbers, if required, are as f~li~~s-: - - - - - - - - - - - - - - - - - - - - - - - TRUSTOR:KEVIN L HARRIS and LISA A HARRIS, HUSBAND AND WIFE 1409 W STOLLEY PARK RD GRAND ISLAND, NE 68801 D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and acknowledgments. TRUSTEE: Arend R. Baack, Attorney P. O. Box 790 Grand Island, NE 68802 BENEFICIARY: Home Federal Savings and Loan Association of Grand Island 221 South Locust Street Grand Island, NE 68801 Organized and Existing Under the Laws of The State of Nebraska 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale. the following described property: THE EAST FIVE FEET (5') OF LOT SIXTEEN AND ALL OF LOT FIFTEEN (15), IN HAGGE'S SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. The property is located in _ _ _"_ _ _ _ _ _ _ _ _ _ _ _ _Ha~~ _ _ _ _ _ _ _ _ _ _ _ .__._ _ _ _ _ _ at ~~99__ ~ _S_~QI~_r..~~ _~~_~ _ _ __ (County) __ __ _ _ ._.._ __ __ __ __ ___ __ __ __ __ __ _ _, __ __ __ __Gl~J~NIL!~~ __ _ __ __ __ , Nebraska __ __ _6_8_8_0_1_ ___ (Address) (City) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights. all water and riparian rights, ditches. and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future. be part of the real estate described above (all referred to as "Property"). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall not exceed $}~L3_0_0.()Q _ _ _ _ _ _ _ ___ _ _ _ _ _ _ _' This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s) secured and you should include the final maturity date of such debt(s).) A Line of Credit Agreement dated 02/07/2006 NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI o 1994 Bankers Systems, Inc" S1. Cloud, MN Form OCP-REDT-NE 1/13/99 G .C465INE) (99021,02 VMP MORTGAGE FORMS - (BOOI521-7291 ~ (/ 'ft! cf!fPage':li;.1SJ' J