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<br /> ~, 1""....,) I <br /> ;lQ n () ."",-,~~ n (l) C) <br /> 'l::~ 0 --1 <br /> m :I: l:; c;;n ~,.. N <br /> ~ -n '- ...;!.... c:: <br /> c: m c::> :z: ......j <br /> Z n :I: ;-. " C'J -l rri 0 <br />I\.) n "" . - ("~ ~ -< <br />S ~ 0 1', ;;\: C) C) <br />S ~ :I: ~ (;,,) N 0 -n ~ <br />(J) m (:) (~.( c..n <1 m <br />n en \ .>11.:.. <br />S ~. ;'Ii; :J: "T\ " , r :'"1 - <br /><0 ('- - C~,'} <;::) :::s <br />(JJ ('., .'U .-;:. ~ <br />~ r'll ~ r- ;~~ CD <br />S Ii'"I ::3 r- ).:~'" <br />.j:::>. C:J ~ (j) c..n <br /> Ul i <br /> ...,..... t- N :;~ <br /> :P- C) <br /> N --- --- <br /> -C <br /> t-" (f) <br /> (J) ~ <br /> <br /> <br /> <br />DEElfOF'TRUST <br /> <br />/CJ. s 0 <br /> <br />PARTIES: This Deed of Trust is made on 10/16/2006 among, the Grantor, JUSTIN R DUBBS and JODI J DUBBS, HUSBAND AND WIFE <br />("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 ASSOCIA nON 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: 4345 LARIAT LANE, Grand Island, Nebraska 68803 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT EIGHTEEN (18), WESTERN HEIGHTS SUBDIVISION, HALL 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 />III A PROMISSORY NOTE AND SECURITY AGREEMENT DATED ]0/1612006 <br /> <br />III 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 if made on the date this deed of trust is executed. <br /> <br />The above obligation is due and payable on October 20, 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 $4,868.50, 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 i!:lttached 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, includiug those on page <br />2, and in any riders described above signed by Borrower. <br /> <br />~J<A&. <br />J TIN R DUBBS <br /> <br />eJ" ~~~h~. <br />J DIJD S <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was a owledged before me on 10/16/2006 <br />By JUSTIN R DUBBS and J DUBBS, HUSBAND AND WIFE <br /> <br /> <br />My commission expire . <br /> <br />GENERi\L NOTARY. State of Nebraska <br />-1 MEGAN D. FREDERIKSEN <br />. ~ My Comm. Exp. Aprt16. 2010 <br />=.7.. , <br /> <br /> <br />otary Public) <br />