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<br />DEED OF TRUST ._
<br />c:J
<br />PARTIES: This Deed of Trust is made on May 11, 2007 among the Grantor, QUINN M WEBB AND RANDI J ~
<br />WEBB, HUSBAND AND WIFE ("Borrower"), AREND R BAACK, ATTORNEY, whose residence address is P. ".
<br />O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the Beneficiary, HOME FEDERAL SAVINGS
<br />AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the laws of
<br />NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801
<br />("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: 107 HARDER CIR, CAIRO, NE 68824
<br />
<br />LEGAL DESCRIPTION: r:s\-o...\-e.~
<br />
<br />LOT EIGHT (8), HARDEIhuBDIVISION IN THE VILLAGE OF CAIRO, 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 />III A PROMISSORY NOTE AND SECURITY AGREEMENT DATED May 11,2007.
<br />
<br />III
<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 June 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 $36,780.00, 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 of trust 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 "den d..e"bed above ,;good by Bo=we<o/ ~ rJ
<br />
<br />-~~ ~ ,.V1JJ) LL/~
<br />QUINN M WEBB I DI J WE
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on May 11,2007
<br />By QUINN M WEBB and RAND! J WEBB, HUSBAND AND WIFE
<br />My oommi"ion OXDire, ~ l
<br />J GENEIW. NOTARY.._ of NIbra8ka ~
<br />ANTHONY R. CHAPMAN
<br />.., CclMm. _1IlIdtl4, 2011
<br />
<br />f-
<br />
<br />(Notary Public)
<br />
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