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(j) <br />IS) ~ N A <br /> :to- <br /> U1 "--' "-' <br /> -C (.r.l <br /> c.n <br /> <br /> <br /> <br />DEED OF TRUST <br /> <br />~I <br /> <br />O~ <br /> <br />~i <br />U1~ <br />c..Ja <br />02 <br />e <br /> <br />/C.50 <br />PARTIES: This Deed of Trust is made on 10/06/2006 among, the Grantor, WILLIAM T LINTON and BETISENE K LINTON, 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 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: 709 E 13TH ST, Grand Island, Nebraska 68801-2619 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT THREE (3), BLOCK TWO (2), GEORGE LOANS SUBDIVISION AN ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRAKSA <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 />II A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 10/0612006 <br /> <br />II 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 25, 2009 if not paid earlier. <br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $10,079.00, 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 oftrust and <br />made a part hereof. <br /> <br />RIDERS: ASSIGNMENT OF RENTS <br /> <br />DESIGNA nON OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead iQ.ttached 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 <br />2, and in any riders described above signed <br /> <br />'-Z-- <br /> <br />WILLIAM T LINTON <br /> <br />e to the terms and convenants contained in this deed of trust, including those on page <br />Bor ower. <br /> <br /> <br /> <br />~ ~ <br />j-;> t 77..:u<1 ~ K ~-J;J <br />, BETTSENE K LINTON <br /> <br />. ~. <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY 5S: <br />The foregoing instrument was acknowledged before me on 10/0612006 <br />By WILLIAM T LINTON and TSENE K LINTON, HUSBAND AND WIFE <br /> <br />&, .tJt'/tJ <br /> <br /> <br /> <br />ary Public) <br /> <br />" <br /> <br />My commission expires: <br />GENERAL NOTARY. S Ie of Nebraska <br />MEGAN D. FREDERIKSEN <br />My Comm. Exp. April 6. 2010 <br /> <br />