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<br />DEED OF TRUST
<br />
<br />~"'3o' 50
<br />PARTIES: This Deed of Trust is made on March 02, 2007 among the Grantor, KURTIS R MANN a single person
<br />and LINDSEY R FINKNER, A SINGLE PERSON ("Borrower"), AREND R BAACK, ATTORNEY, whose
<br />residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the Beneficiary, HOME
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing
<br />under the laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND,
<br />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: 14560 S BLAINE ST, DONIPHAN, NE 68832
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />THE NORTH HALF OF THE NORTH HALF OF THE NORTH HALF OF THE SOUTHEAST QUARTER (N1/2 N1/2 NI/2 SE1/4) ,
<br />EXCEPTING A TRACT OF LAND MORE P ARTICULARL Y DESCRIBED IN WARRANTY DEED RECORDED AS DOCUMENT NO. 96-
<br />105349, AND SOUTH HALF OF THE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER (S1/2 N1/2
<br />NEl/4 SEl/4) ALL IN SECTION TWENTY NINE (29), TOWNSHIP NINE (9) NORTH, RANGE NINE (9) WEST OF THE 6TH, P.M. HALL
<br />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 />II A PROMISSORY NOTE AND SECURITY AGREEMENT DATED March 02, 2007.
<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 oftrust is executed.
<br />
<br />The above obligation is due and payable on April 01, 2037, 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 $55,000.00, 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 oftrust, 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: None
<br />
<br />DESIGNA nON 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 oftrust 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 any rid s described above signed by Borrower.
<br />
<br />KURTIS R MANN
<br />
<br />
<br />~ Aftt1{~ 1( ~~
<br />LINDSEY R INKNE
<br />
<br />
<br />\
<br />\
<br />
<br />otary Public)
<br />
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