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<br />DEED OF TRUST
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<br />PARTIES: This Deed of Trust is made on 07/0312006 among, the Grantor, DIANNA D MUELLER, A/KIA DIANNA D DUERING, AND
<br />JOHN G MUELLER JR, HUSBAND AND WI~E ("Borrower"), -1:', _
<br />AREND R BAACK, ATTORNEY, whose resIdence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and th~ ()
<br />, Bene!1ciary, H~ME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws oTNEBRASKA whose adOress is 221 SOUTH LOCUST STREET, GRAND ISLAND,NEBRASKA6880I (''LenderT- ..., - - ---
<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: 2224 S LOCUST STREET, , Nebraska 68801
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<br />LEGAL DESCRIPTION:
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<br />LOT ONE (I), BARTZ SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenants and warrants title to the property, except for
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<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 trust, 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):
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<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 07/0312006
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<br />. 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.
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<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 if made on the date this deed of trust is executed.
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<br />The above obligation is due and payable on July 01,2011 ifnot paid earlier.
<br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $15,073.50, 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
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<br />RIDERS: ASSIGNMENT OF RENTS
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<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i(;:1ttached 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
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<br />SIGNATURES:
<br />2, aud in any f'
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<br />By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />rs describsd above sigaed by Borrower.
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<br />J
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<br />J G MUELLER JR /
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<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was a wledged before me on 07/03/2006
<br />By DIANNA D MUELLER, DIANNA D DUERING, AND JOH
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<br />~ GENERAL NOTARY. Slate of Nebraska
<br />, MEGAN D. FREDERIKSEN
<br />7I l'C My Comm. Etlp. AprlI6, 2010
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<br />
<br />otary Public)
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<br />My commission expire .
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