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<br />N <br /><Sl <br /><Sl <br />-...J <br /><Sl <br /><Sl <br />......... <br />W <br />01 <br /> <br /> <br /> <br />'~ <br />~ <br />~ <br /> <br />~ <br />." <br />c: <br />Qm n 6 <br />> ~!' <br />ncn <br />;:tIl;:C <br /> <br />~E <br />n:J: <br />~ <br /> <br />r", <br />~ <br />= <br />-..2 <br /> <br /><::> (f) <br />0-; <br />c:: )> <br />z-; <br />-l f"Tl <br />-<0 <br />0-'-' <br />-'-'z <br />:::r: ("11 <br />1> [0 <br />r :::0 <br />11> <br />en <br />;:0::: <br />)> <br /> <br />en <br />(f) <br /> <br />c::> <br />"" <br />c::> <br />C) <br />-J <br />c::> <br />c::> <br />I-" <br />W <br />c.n <br /> <br />~ <br />[ <br />~ <br />i <br />~ <br />z <br />o <br /> <br /> <br /> <br />~l.. <br />~~'-> <br />0. .- <br /> <br />o <br />..,., <br /> <br /> <br />~ t~ <br />rr1 <br />o <br />(/l <br /> <br />C._ <br />::::0 <br />:z <br /> <br />c.n <br /> <br />-0 <br />::3 <br /> <br />C.) <br /> <br />f-> <br />CO <br /> <br />-- <br /> <br />. lJEElJ Ulo' 'fRUST <br /> <br />-. <br />c::..- <br />PARTIES: This Deed of Trust is made on 01/05/2007 among, the Grantor, ADAM D GRUPE and HEATHER MEYER, BOTH SINGLE ~~ <br />PERSONS ("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: 7500 N SKYPARK RD, Grand Island, Nebraska 68801 <br /> <br />LEGAL DESCRIPTION: <br /> <br />Part of the Northeast Quarter (NEI/4) of Section Ten (10), Township Twelve (12) North, Range Nine (9) West of the 6th P.M., Hall County, <br />Nebraska more particularly describe as follows: Beginning at the Southeast corner of the NE1/4 of said Section Ten (10); thence running West <br />along and upon the South line of the NE 1/4 of said Section Ten (10), a distnace of 180 Feet; running thence North on a line parallel to the East <br />section line of said Section Ten (10), a distnace of 104 feet; running thence East on a line parallel to the South line ofhte NE 1/4 of said Section <br />Ten (10), a distnace of 180 feet; thence South along and upon the East line of said Section Ten (10), a distance of 104 feet to the point of the <br />beginning. <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 01/05/2007 <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 />D 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 February 04, 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 $30,893.00, 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 />D Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. <br />D 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 il;:1ttached to this deed oftrust and made a part hereof has <br />D 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 in any rib. ve '...... by U.HOW". . /1){ ~f/ <br /> <br /> <br />HE'" ER MEYER IJ!t <br /> <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 01/05/2007 <br />By ADAM D GRUPE and HEATHER MEYER, BOTH SINGLE PERSONS <br /> <br /> <br />,k(j ;f fj- <br /> <br />My comm' <br /> <br /> <br />(Notary Public) <br /> <br />ANTHONY R. CHAPMAN <br />My Comm. Exp. March 24, 2007 <br />