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<br /> ~ State of Nebraska Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded hy u _ . _ __ _ u u u u u u u u u u u _ u u
<br />1. DATE AND PARTIES. ~he date of this Deed of Trust (Security Instrument) is August 09, 2007 - - - - - - - - - - - - - - --
<br />and the parties, their addresses and tax identification numbers, if required, are as foll~~s:- - - - - - - - - - - - - --
<br />
<br />o
<br />02)' D
<br />
<br />--' '-', .,.,.----..',.-...,.."'-7"
<br />
<br />TRUSTOR: RICARDO APPEL
<br />TONYA RAE APPEL
<br />1524 COVENTRY LANE APT 45
<br />Grand Island, NE 68803
<br />
<br />D If checked, refer to the attached Addendum incorporated herein. for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<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 benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT ONE (1) EXCEPT THE EAST 260 FEET THEREOF, AMERICAN LEGION ADDITION, CITY OF
<br />GRAND ISLAND, HALL COUNTY NEBRASKA AND LOT TWO (2), IN AMERICAN LEGION ADDITION,
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, EXCEPTING A CERTAIN TRACT MORE
<br />PARTICULARLY DESCRIBED IN WARRANTY DEED RECORDED AS DOCUMENT NO. 96-107864
<br />
<br />The property is located in _ u u u u u u u _. HaHu u u u u u u _ ._
<br />(County)
<br />
<br />at 321 STAGECOACH
<br />-------------- -----------
<br />
<br />(Address)
<br />
<br />u u u _ _Gran(:L!~!~!ll:iu __ u , Nebraskau
<br />(City)
<br />
<br />6l:Jl:JQ~ u u_
<br />(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 shall
<br />not exceed $ J.~?J_O_O_o.. 0..0_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . This limitation of amount does not include interest and other fees
<br />and cbarges 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 in 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 />A Promissory Note dated 08/09/20.0.7
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Inc_, St. Cloud, MN Form RE-DT .NE 1/30/2002
<br />.. -C165(NE) (03011 VMP MORTGAGE FORMS - (8001521-7291
<br />@
<br />
<br />(page 1 of 4)
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