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<br />State of Nebraska
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<br />RE-RECORDED
<br />200703770
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PAI{TIES. The date of this Deed of Trust(Security ll1strument)is ..~...4..:-.25.~.o.7.............
<br />- =-~-""'----=-an-crme p~anres~ffielI' aadressesf arid taxlOefitIfiCan()fi-n:umb'"en~"ineCfillre(i,~15Ituws: ...., .. -. .
<br />
<br />TRUSTOR:
<br />RUSSELL A. HOMOLKA AND LORI A. HOMOLKA, HUSBAND AND WIFE
<br />535 EAST 18TH STREET
<br />GRAND ISLAND, NEBRASKA
<br />
<br />ll.ro
<br />
<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />ARCHER COOPERATIVE CREDIT UNION
<br />2121 ARCHER ROAD
<br />ARCHER, NE 68816
<br />
<br />BENEFICIARY:
<br />ARCHER COOPERATIVE
<br />CREDIT UNION
<br />.______ 2121.1Ut.CHER.RD,. _
<br />ARCHER, NE 68816
<br />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benetit of Beneficiary, with power of sale, the following described
<br />property:
<br />
<br />LOT 26 AND FRACTIONAL LOTS 27 AND 28 IN FRACTIONAL BLOCK 4,BLAIN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, EXCEPTING A
<br />CERTAIN TRACT DEEDED TO BURLINGTON NORTHERN RAILROAD COMPANY
<br />more particularly described in Warranty Deed recorded as Document
<br />No. 94-104025 in the office of the Register of Deeds of Hall County
<br />
<br />The property is located in ..........~. ~ ~ ~. . . . . . . . . . . . . . . . . .. . . . . . . . . . ... . .. .. . . .. . . .. . .. . .. at ..............................................
<br />(County)
<br />.5.35..EAS:r. .~8.TH. .S.TREET........................, GRAND.. ISLl!IND...................... ........, Nebraska Rg?Q.J,..............
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances. royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIl\fiT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ .l.,O.O.O.,.QO:":.~.~.~.~~:"::":.~.~........... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained hi this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />Promissory Notel405910-26 dated 4-25-07 in an amount of $42,500.00,
<br />executed by Russell A. Homolka and Lori A. Homolka as borrowers, with
<br />a stated maturity of 2-1-18.
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @ 1994 Bankers Systems, Inc., St. Cloud, MN Form RE.OT.NE 1/30/2002
<br />
<br />-Ii? /1.#
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<br />(page 1 of 4)
<br />LA.H
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