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<br />N <br />CSl <br />CSl <br />-..J <br />CSl <br />........ <br />W <br />W <br />N <br /> <br /> <br />~ <br />~ <br />~ <br />~ <br />~ <br />'"""" <br /> <br />ill:>> <br />m <br />on <br />C <br />n Z <br />~E~ <br /> <br />~:I: <br /> <br /> <br />no <br />:r:> <br />m c:.n <br />0:1: <br />~ <br /> <br />."-,, <br />C:-'"J. <br /><C:> <br />-..) <br /> <br />"""1 <br />rn <br />co <br /> <br />N <br />........ <br /> <br />o C/) <br />0-; <br />c::t>- <br />2;-; <br />-irrl <br />-<0 <br />0""'1 <br />-"'z <br />::r: rrl <br />J> CD <br />r- ;:a <br />.l> <br />C/) <br />;;><; <br />J> <br />'-' '-' <br /> <br />'" <br />.-.-.....,........ <br />~ t<\-' <br />C) >.t: <br />o(:~ <br />.." <br /> <br />~r <br /> <br />::0 <br />::3 <br />........ <br />........ <br />C) <br />CD <br /> <br />en <br />C/) <br /> <br />....... <br /> <br />~fl <br />~Gr <br />~l <br /> <br />N~ <br /> <br />DEED OF TRUST <br /> <br />PARTIES: This Deed of Trust is made on 02/07/2007 among, the Grantor, PATSY R SCHLEICHER and, A SINGLE PERSON ("BOrrower,:t, 5t:) <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: 2232 WEST 11 TH STREET, Grand Island, Nebraska 68803 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT NINE(9) BLOCK TWO (2) IN DILL & HUSTON'S ADDITION IN THE CITY OF GRAND ISLAND, 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 />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 02/07/2007 <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 28, 2017 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 $7,236.86, 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[:1ttached 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 oftrust, including those on page <br />2, and in a",,~.~~;ers describe~ ~~ove signe /)lY J,lo~rowe~ <br /> <br /> <br />PATSYRSCH EICHER <br /> <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 02/07/2007 <br />By PATSY R SCHLEICHER and, A SINGLE PERSON <br /> <br />My commission expires: : '-:5-/ U ./ () ') <br /> <br />,J/J?lL!fW/~ <br /> <br />(Notary Public) <br /> <br /> <br />GENEJl,4l NOTARY. state of Nebta&ka <br />USA R. MAYER <br />Myl'Amm. Exp. May 10, 2007 <br />