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<br /> ;a n n ~i\ <br /> m ::J: l:; I'.........,) <br /> "';:::':".",..:) ("") Ul <br /> "'" m c= <br /> c n ::I: <::r.J 0 --l <br /> Z ,.:: ~-" c: )> <br /> n CD :z -t <br />N :c ~ c :::0 ~" ...-1 --t no ~~ <br />S rn ~ I'TI (;,~_ -0 -< <br />S n (J') ~~-- c' <br />en N 0""" <br />S ~ ::I: ~ -~I - <br />ex> " z m ::J <br />.j:::.. 0 tl: :r fT1 ~ <br />en 1'1'1 " -0 l>- ~ :::J c::::> <br /> ~, " <br />c.n f'1l \ :3 r :.x,J OJ <br /> CiIJl r >- <br /> (fl ~ (J") <br /> I-' ::><:: .J:: 1 <br /> >- 0) <br /> -C ~'I,,"--,,,, <br /> W (/') U1 ~ <br /> <iI> <br /> <br /> <br /> <br /> <br />DEED OF TRUST <br /> <br />c?~ <br />PARTIES: This Deed of Trust is made on 09/14/2006 among, the Grantor, CHAD M NABITY and KATHERINE K NABITY, 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 ASSOCI..<\ TION 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: 421 E 14TH ST, Grand Island, Nebraska 68801 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT ONE (1), BLOCK SIXTY SEVEN (67), WHEELER & BENNETT'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />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 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.): <br /> <br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 09/14/2006 <br /> <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. <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 March 18,2007 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 $22,055.50, 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. <br /> <br />RIDERS: ASSIGNMENT OF RENTS <br /> <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead iQttached 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 />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust including those on page <br />2, and i ".. y r de IJilcri d a ve signed by Borrower. <br /> <br /> <br />HAD M NABITY <br /> <br /> <br /> <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 09/14/2006 <br />By CHAD. ~ NABI~Y and KATHERINE K NABITY;JW~ND AND. WIF.E ..:; _ <br /> <br />My commiSSIOn expires: ~I ) A ~/ J ~ / <br />GENERALNOTARY.S\al8ofNebra8kI ~,/.t!f:."'ft~_--,-.-c.--'" (Notary Public) <br />DEBORAH L. TROSPER - <br />My Comm. Exp. Feb. 14, 200t <br /> <br />