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<br /> ;a n ~ <br /> ~ m ::!: .....,. ~ <br /> "'" m en ~~:.J <::) UJ <br /> c: <.:::> <br /> Z n :z: ~t, ~ o -- ~I <br /> ~ n ^ c:: > <br /> :t: E c ;u ~" """1 :z:-t <br /> m ~ ~ -tm <br /> I"T1 i- ce <br /> ~ n ...... ~<::{ -<0 C)~ <br />I\.) '" :c <::> N 0"1 <br />IS G.) -n <br /> -,.., z ~i <br />IS IS\ ~ :x nl <br />--...J Z I:;:> <br />IS 0 I"T1 ::n 1> CD <br />-->. I"T1 l :3 I" ;:D <br />W "- I:;:> I" J> <br />CD U> .......... (fl ~i <br />CO c:> ^ <br /> > <br /> -C <br /> .......... en O:>~ <br /> en <br />.----.....---,,--.-.,.,,- <br /> <br />DEED OF TRUST <br /> <br />/0.>0 <br /> <br />PARTIES: This Deed of Trust is made on 02/16/2007 among, the Grantor, GERROD L HAVEL and BRETT A HAVEL, HUSBAND AND <br />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 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: 1322 S LINCOLN AVE, GRAND ISLAND, Nebraska 68801~7138 <br /> <br />LEGAL DESCRIPTION: <br /> <br />THE SOUTHERLY SIXTY EIGHT FEET (S68') OF THE EASTERLY ONE HUNDRED EIGHT FEET (EI08') OF BLOCK SIX (6), <br />PLEASANT HOME SUBDIVISION, 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 02/16/2007 <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 22,2012 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 $13,055.50, '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 iC1ttached 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 convcnants contained in this deed of trust, including those on page <br />2, and in any riders described above signed by Borrower. <br /> <br />~ . ;1, ~A---. <br />G RRODLHAVEL <br /> <br />~ d WaAKi <br />BRETT A HAVEL <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 02/16/2007 <br />By GERROD L HAVEL and BRETT A HAVEL, HUSBAND AND WIFE <br /> <br />DIn ') hO '9 (J <br />My commission expires: fG, {/ f I {./'-" U " ~A..AJ <br /> <br /> <br />GENERAl NOTARY. State of Nebraska <br />CHRIS L KASKIE <br />My Comm. Exp, Dec. 29, 2008 <br /> <br />-, J. " <br />0<. k::~ <br /> <br />(Notary Public) <br />