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<br /> ~ <br /> ~ <br /> IT\ 70 n ~ <br /> ~ m :x: <br />I\.) "'\"1 m en <br />IS) c n :t: <br />IS) ~ n :z '" <br />en I'l\ n (1 <br />IS) ro :t: ):.. ~) <br />w m <br />I\.) ,~ n U) <br />.j::::. \'- ;:i'lii ::r.: <br />.j::::. 0 <br /> <br /> <br />200603244 <br /> <br /> ",;,,",,) I <br /> , 0 U) <br /> '.- ,~..':,) <=> <br /> (;';,7;."1 0 -~ <br /> ",. C J;~ <br /> ~ -:'1) ---' N <br /> ~\ -"\...J ""-.- <br />.-","~ -j rn c:::> <br />PI = -< <br /> " ,:':':-1 <br />,;") " , <br /> , , ~ \, i-" 0 '1 C) ar <br />C) "'~\'~ (...) -0] <br />--'n ".;'"" (j) <br /> "'0,.' rT'1 - <br />C.J \-' I <br />' " " :n p.- t.n C) <br />rrl "'''; :::3 ,- ::D <br />,:) 0\ r ;:.:>- (.,) <br />(f' h I-" U) rv <br /> (, f-' ;;0.; <br /> (' }> -.C <br /> C) ---- '--" <br /> I"'V (n ..L: <br /> (n 2 <br /> ,.. <br />'" <br />,.. <br /> <br />DEED OF TRUST <br /> <br />/ / (}t> <br />PARTIES: This Deed of Trust is made on 04106/2006 among, the Grantor, GARY M BORING and KATHLEEN A BORING, HUSBAND <br />AND WIFE ("Borrower"), <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("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: 1709 W 1ST ST, GRAND ISLAND, Nebraska 68803-5402 <br /> <br />LEGAL DESCRIPTION: <br /> <br />FRACTlONAL LOT TWO (2), IN FRACTIONAL BLOCK SIX (6), IN CHARLES WASMER'S ADDITION, AND ITS COMPLEMENT, TO- <br />WIT: FRACTlONAL LOT TWO (2), IN FRACTlONAL BLOCK TWENTY-TWO (22), IN KERNOHAN & DECKER'S ADDITION, BOTH <br />BEING ADDITlONS TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, <br /> <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to the property, except for <br /> <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 tmst, 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 /> <br />II A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/06/2006 <br /> <br />II 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 /> <br />o 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 ifmade on the date this deed of trust is executed. <br /> <br />The above obligation is due and payable on April 15, 2009 if not paid earlier. <br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $12,056.00, 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 />o Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. <br />o 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 /> <br />RIDERS: ASSIGNMENT OF RENTS <br /> <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 />o been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof. <br /> <br /> <br />y signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />rs described above signed by Borrower. ~ ( <br /> <br />Iif/7HL4~A ~~~1(l' <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 04/06/2006 <br />By GARY M BORING and KATHLEEN A BORING, HUSBAND AND WIFE <br /> <br />My commission expires: /)(?Gl--'1, /AO"X ~V\.....4..I 02.-, f:::-.~' jl,...- <br /> <br />GENERAl. NOTARY. State of Nebraska <br />. I CHRIS L KASKIE <br />My Comm. &p, Dee. 29, ad <br /> <br />(Notary Public) <br />