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'lo...... ~"~ ~ ;r-, ('\ ~ ~ - N C9 C9 en C9 -..J c..v .f::>. C9 200607340 State of Nebraska REAL ESTATE DEED OF TRUST (With Future Advance Clause) o Construction Security Agreement D Master form recorded by _ _ _ _ _ _ n n n n _ _ _ _ _ _ n n _ _ _ ~ n ~ _ ~ ~ ~ ~ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ n _ _ _ _ _ _ _ 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is _J..\!l.,y _~e. L _~QQ f;i _ _ _ _ _ _ _ _ _ _ _ _ _ _ . The parties and their addresses are: ~' 0, ..5.-0 TRUSTOR: TROY L HUGHES, HUSBAND AND WIFE and JODI A HUGHES, HUSBAND AND WIFE 1721 BASS 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 (defmed below) and Trustor'~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: LOT FOUR (4) RAINBOW LAKE SECOND SUBDIVISION, HALL COUNTY, NEBRASKA The property is located in _ _ _ _ _ _ _ _ _n ~ ~ _ _ _ _1Ji!!!_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __at J.]~J_MS_S_ _~ _ n_ _ _ _ _ _ _ _ _ __ (County) uun_unnnnnnnnnnnn_' unnnq~2!l!g~~~!~!l~n_nnn' Nebraska nu~~~Q!nu_ (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 $_l_~,_~~Q ,J~Q n n n n n n ~ _ n~' 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 FUI1JRE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) 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 Aqreement dated 07/28/2006 NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ~ 0 1994 Benkers Systems, Inc.. St. Cloud, MN Form OCp.REDT.NE 5/10/2005 fIIl-C465(NEI (0506) VMP Mortgege Solutions, Inc. C-06-07-2B-000122 (page 1 of 4)