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<br />State of Nebraska
<br />
<br />Space Above This LIne For Recording Data
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<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
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<br />D Master form recorded by _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ . _ _ _ _ _ _ _ . _ _ _ _ _ _ _ _ _ .. - - - - - -
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is !>-pr 9}L _2_0_0J~_ .. _ _ _ _ _ _ _ _
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: MONTE L SCHOENSTEIN
<br />MAURINE S SCHOENSTEIN, AS HUSBAND AND WIFE
<br />2026 N. SHERIDAN
<br />6RAND ISLAND, NE 68803-1925
<br />
<br />D 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 Association 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 (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 />
<br />LOT FIVE (5), BLOCK SIX (6), IN SCHIMMER'S ADDITION TO THE CITY OF GRAND ISLAND,
<br />
<br />HALL COUNTY, NEBRASKA
<br />
<br />Hall
<br />---------... ---------
<br />(County)
<br />__ __ __ __ _f?~ANIL~$~_ _ __ __ __ , Nebraska __ __ _15880:1.__ ___
<br />(City) (ZIP Code)
<br />
<br />The property is located in_
<br />
<br />at 7).~~}21~.__~4.~ILI?T.
<br />
<br />(Address)
<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 $ 17 J9_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 FUTURE 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 arrwunts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 04/07/2006
<br />
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems. Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002
<br />48 -C165INE) 10301) VMP MORTGAGE FORMS. IBOO)621-7291
<br />~
<br />
<br />(page 1 of 4)
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