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<br />N <br />S <br />S <br />-...J <br />S <br />N <br />co <br />(J) <br />N <br /> <br />DEED OF TRUST <br /> <br />f~~ <br />~~~ <br />t\~ ~ <br />F~~ <br />~"t\~ <br />~ <br />'" <br />~ <br />~ <br />(\I <br /> <br />,a <br />m <br />"'" <br />c: <br />n Z <br />~t~ <br />Q::J: <br /> <br />Q~ <br />~~ <br />'" <br /> <br /> i....,' oi <br /> (::::....Jr o (f) <br /> <:::::> <br /> --.;J <:) -I <br /> ...... c::J> <br /> ,.~(. -::c z --I ~8. <br />~ ~., -0 -IfTl <br />m ....... ;:;:0 -<0 C)~ <br />c..J,:..,~'.""'" ............ 0" <br />o ~\ 0 ""-'z ~i <br />""Tl <br /> r ::r: [Tl <br />0 l>- OJ <br />m IJ <br />fTl ::3 r ;::0 <br />0 r l>- <br />U? ............ (fl ~i <br /> r'0 ;><:: <br /> 1> <br /> r-v ---- <br /> ....c (f) N~ <br /> (f) <br /> /I'd'> <br /> <br />o <br />o <br /> <br />PARTIES: This Deed of Trust is made on 03/26/2007 among, the Grantor, ARON HILGENKAMP and HEATHER M HILGENKAMP. <br />HUSBAND AND 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: 1707 N LAFAYETTE AVE, Grand Island, Nebraska 68803 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT FOURTEEN (J 4) BLOCK SEVENTEEN (17) IN SCARFF'S ADDITION TO WEST LAWN AND IT'S COMPLEMENT, LOT SIXTEEN <br />(16) OF SUBDIVISION OF LOTS 280, 281, AND 282 TO WEST LAWN, 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 />II A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/26/2007 <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 of trust is executed. <br /> <br />The above obligation is due and payable on April 15,2017 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 $10,866.17, plus <br />interest, plus any amounts disbursed under the tenns 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 tenus of that obligation. <br />o A copy of the loan agreement containing the tenus 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 iOttached 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 /> <br /> <br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained i <br />2, and in any riders described above sign d by Borrower. <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY 88: <br />The foregoing instrument was acknowledged before me on 03/26/2007 <br />By ARON HILGENKAMP and ATHER M HILGENKAMP, IIUS~ <br /> <br />;lJ;tJ <br /> <br />AND WIFE <br /> <br /> <br />