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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />- - D D Construction Security Agreement
<br />Master form recorded by
<br />1. DATE AND PARTIES. The d~t-e-~ithis-D~~i ~i T~-st (Se~~~ity- in-st~~~~t) -i~ - ~i-il-L-_~-Q-Q-~_-_-_-_-_-_-_-_-_-_-_-_-_-_--.
<br />The parties and their addresses are:
<br />
<br />TRUSTOR:RICHARD P ROY, A SINGLE PERSON
<br />
<br />507 W 14TH ST
<br />GRAND ISLAND, NE 68801-3633
<br />D 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. O. Box 790
<br />Grand Island, NE 68802
<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 />LOT TWO (2), IN BLOCK EIGHT (8), SCHIMMER'S ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in
<br />
<br />_IJ~H__ __ __ __
<br />(County)
<br />
<br />at ~9J_ ~_ J_4_~H S~ __ __ ____
<br />
<br />_ __ ____ __ __ __ __ _ __ __ _ __ __ __ __ __ __ __ _ _GR1~~]L!I?~ _ __ __ _ __ , Nebraska _ _68801_-_3_6XL
<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 />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shallnotexceed$_~_,OOO_._QQ__ ________ . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 05/11/2006
<br />
<br />NEBRASKA" HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~@ 0 1994 Bankers Systems, Inc., 51. Cloud, MN Form OCP-REDT-NE 5110/2005
<br />. -C465(NE) 10506) VMP Mort9age Solutions. Inc.
<br />@
<br />
<br />~ (page 1 of 4)
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