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<br /> 10 n ~ ~I <br /> m ::J: :"~ <br /> on (,~".;lo <br /> C m en ,r-.=:;t ("") (I! <br /> Z n x "'- -.3 O---i <br /> f n ~ 0 '" r:;-:~ =3 C J> <br /> :I: ::u ~, z-f <br /> m ~ = -Inl <br /> nl ~. = ~ifr <br /> n en ~Jc{'- -<0 <br />I\..) '" ::J: 0 0" ~ o -.-, <br />S ""T) CD -.-, m_ - <br />S ~ ~; ....:..~ ~~ <br />-.....J ~ 0 :r: rrl <br />S rT1 t. -0 P 0) <br />I\..) ~ nl :3 r ::D <br />S 10 ~ rp ~i <br />(]1 (.rl !--> (I) <br />(]1 ~ N ;:>:: <br /> J> <br /> c:> -- <br /> U1 en U1 ~ <br /> en <br />DEED OF TRUST <br /> <br /> <br /> <br />/o.~o <br />PARTIES: This Deed of Trust is made on 03/07/2007 among, the Grantor, RAYMOND A OSEKA and JOANN K OSEKA, HUSBAND AND <br />WIFE ("Borrower"), <br />AREND R BAACK.. A TIORNEY, whose resi~~~'~ t'Jhullf B.Mhu, pt1!h/E5mUy, -"Rebtasl{a"'f'Tnisfee"j;~~ffitl--~'- <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: 3204 MAGNOLIA CT, GRAND ISLAND, Nebraska 68803 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT TEN (10), BLOCK ONE (1), COLONIAL ESTATES TENTH SUBDIVISION <br />TO 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 03/07/2007 <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 ifmade 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 March 21, 2012 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 $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 iClttached 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 />SIGNAT : By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and' any r ers described above signed by Borrower. <br /> <br /> <br /> <br />~A_ ~.C~ <br />JOANN K 0 EKA <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 03/07/2007 <br />By RAYMOND A OSEKA a~~JOA~ ~ OSEKA, HUS. ~.,A.>. N. D D WIFE <br /> <br />My commi"ion expi,,,, , (7 10 0 ,J~ <br />GENERAL NOTARY - State of Nebra5ka . <br />USA R. MAYI:R 1"./ <br />My Comm. Exp. May 10. 2007 <br /> <br /> <br />(Notary Public) <br />