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Z <br />.. n t.? <br />~)>!{' <br />Q~ <br /> <br />~ <br />=~ <br />c:;:) <br />-.J/ <br /> <br />..... <br /> <br /> <br />;;;~~. <br />0. - <br />CO <br />~ t\ <br />~ t" <br />o <br />(fl <br /> <br />-0 <br />::3 <br />........ <br />......, <br />U1 <br />N <br /> <br />(/) <br />en <br /> <br />::D <br />c::= <br />G') <br /> <br />I\.) <br />\Sl <br />\Sl <br />-..J <br />\Sl <br />(j) <br />(Jl <br />.f:::>.. <br />-..J <br /> <br />'::) <br />V\ <br />() <br /> <br />~ <br /> <br />2- <br />t'!\ <br /> <br />~ <br />~ <br />('.1 <br /> <br />DEED OF TRUST <br /> <br />C>~ <br />~ii <br />c::>~ <br />-..J <br />~~ <br /> <br />Ul3 <br />-em. <br />-..J~ <br /> <br />/a . So <br />of Trust is made on 07/26/2007 among, the Grantor, BANG PHAM and LOAN LE, HUSBAND AND WIFE <br /> <br />PARTIES: This Deed <br />("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: 617 W 8TH ST, GRAND ISLAND, Nebraska 68801-4229 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT FOUR (4), BLOCK SIXTEEN (16), IN H.G. CLARK'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />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 07/26/2007 <br /> <br />III 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 October 15,2013 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 $11,596.44, 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. <br /> <br />RIDERS: ASSIGNMENT OF RENTS <br /> <br />DESIGNATION 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 />/-.oM./' <br />LOAN LE <br /> <br />{E <br /> <br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />2, and in any riders described above signed by Borrower. <br /> <br />BA~ ~J ~C4Jfi// <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 07/26/2007 <br />By BANG PHAM and LOAN LE, HUSBAND AND WIFE ~ <br /> <br />My commission expires: lJ ec.. ,,1 >>8 <br />, . <AiJ, <br /> <br />(<cv..J~ <br /> <br />(Notary Public) <br /> <br />GENERAl. NOTARY. State of NebIaska <br />J CHRIS L. KASKIE <br />My Comm. Exp, Dec. 29, 2008 <br />