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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />REAL ESTATE DEED OF TRUST
<br />. (With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />D Master form recorded by... .. .. .._ __ ., __ _ __ . ..._ ___ ._ _ _ _ __ __ _ _ _ ______ _ __ _ _ __ __ __ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is _Ja,,~ua,:r;:y _18,_ .,2097__
<br />The parties and their addresses are:
<br />
<br />TRUSTOR:JERRY J MILNER and SUSAN M MILNER, HUSBAND AND WIFE
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<br />3217 WOODRIDGE BLVD
<br />GRAND ISLAND, NE 68801-7204
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend
<br />P. O.
<br />Grand
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />R. Baack, Attorney
<br />Box 790
<br />Island, NE 68802
<br />
<br />Corrected Deed of Trust
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />-s-ecure the Secured Debt (defined below) and Trustor's performance under Lhis Security inSLrUmelll, Trustor irrevucably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT ONE (1), BLOCK THREE (3), BRENTWOOD SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in
<br />
<br />Hall at 3217 WOODRIDGE BLVD
<br />__ _. - ..., _. - __ ._ - - - ... _. - - - __ . ... ._ - .n _ _ _ _ _ .._ _. .. .. ... ..
<br />(County)
<br />
<br />G~_~~~ ,Nebraska 68.891_-:7_204
<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 LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $ 50,000.00 . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 01/18/2007
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 01994 Bankers Systems, Inc., St. Cloud, MN Form OCP-REDT-NE 511012005
<br />aa -C465(NE) (0506) VMP Mort9age Solutions, Inc,
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