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<br /> U)~r ;0 n E <br /> m :J: ~ <br /> "'" r........, <br /> c: m C::,.,lo (") en <br /> ~~~ n :J: =.;0 ~( <br /> Z "- --.2 O-i <br /> (') ~ 0 '" ..--=x.l. c> <br /> ""........ l: ~ ~' """'1 Z-i <br /> rn ~ ,-,-, -i1Tl <br /> ~ n (I) ~, .~ CD ~ar <br />N ~c.e' """ :a:: <:> -<0 <br />is ~"'() - tJ\ o""f .......... o '1 <br />is " -C ""z <br />-.....J c:s () 0- -.J <br />S r 0 :x [''l <br />->. rn r :n l> ro C) <br />->. rn :3 r ;:;J <br />-.....J 0 rl> .......... <br />-.....J U> .......... (j) <br /> C) 7" .......... <br /> l> -.J <br /> C) -- <br /> .......... en -.J ~ <br /> en <br /> . ------.- <br /> DEED OF TRUST <br /> <br /> <br /> <br /> <br />......a 'v. <br />PARTIES: This Deed of Trust is made on 02/02/2007 among, the Grantor, TOMMY L MARTIN and KATHLEEN K MARTIN, HUSBAND 0 <br />AND WIFE ("Borrower"), <br />AREND R BAACK, ATIORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION 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: 1521 MEADOW RD, GRAND ISLAND, Nebraska 68803-3126 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT SIX (6), BLOCK THREE (3), SUMMERFIELD ESTATES 4TH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />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 02/02/2007 <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 />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 February 10, 2012 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 $20,055.50, 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 i~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 agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and in an iders described abov igned by. Borrower. <br /> <br />}, ~0--~~' ~ ~) <br />KATHLEEN K MARTIN <br /> <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 02/02/2007 <br />By TOMMY L MARTIN and KATHLEEN K MARTIN, HUSBAND AND WIFE <br /> <br />Myro=i~ion~pi",,, ( .IJhMl tJ /Jtu~.Y <br /> <br />"""alAI NOTARY . State 01 NebtaSka ~ ~ <br />ug-- USAR. MAYER V I \, <br />My Olmm. Exp. May 10, 2007 <br /> <br />(Notary Public) <br />