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<br />PARTIES: This Deed of Trust is made on July 18, 2007 among the Grantor, DENNIS L EDWARDS AND
<br />
<br />CANDACE M EDWARDS, HUSBAND AND WIFE ("Borrower"), AREND R BAACK, ATTORNEY, whose
<br />
<br />residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the Beneficiary, HOME
<br />
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing
<br />
<br />under the laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND,
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<br />NEBRASKA 68801 ("Lender").
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<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: 503 FLEETWOOD CIRCLE, GRAND ISLAND, NE 68803
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<br />LEGAL DESCRIPTION:
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<br />Lot Twenty-one (21), Westwood Park Fourth Subdivision, in the City of Grand Island, Hall County, Nebraska.
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<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 />__ __ ___ - ___ __..u.__ __ _ _ _._.___.,. ..,_.' ,__
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED July 18,2007.
<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 oftrust is executed.
<br />
<br />The above obligation is due and payable on August 01,2022, if not paid earlier.
<br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $138,690.00, 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 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.
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<br />RIDERS: None
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<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protecti~n Act, designation of homestead i!:lttached 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 />SIGNATURES: By signing below, Borrower agree the terms and convenants. contained in t~ee.dd~ of trust, including those on page
<br />2,andinanYridersd.esc~abov ig dbyBor wer. {!~a A (ciL.t./'CA../'i ~
<br />
<br />
<br />ENNIS L EDWARDS CANDACE M EDWARDS
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<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />Th, foregoing in"rum~t w~ .dmowledged ber",e me on ~.ulY 18,2007. ~
<br />By DENNIS L EDWARDS iid lAND ACE M EDWARDS, A7: A IFE
<br />My commission expires: '1 '{ 1.PJ I
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<br />I'
<br />GENERAl NOTARY. S1ate of Nebraska
<br />ANTHONY R. CHAPMAN
<br />My CcInm. E!llp. Man:h 24, 2011
<br />
<br />(Notary Public)
<br />
<br />
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