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<br /> :IIl:J n n ~ <br /> m ::t: l:; <br /> :J:: "'n <br /> C m <br /> n :t: ~ <br /> 0 Z e:..> (") (/) <br /> n ~ c:::> <br /> :J: ~ C ~l.. --:J o -~ <br /> m ~, --.- c::r>- <br /> ~ ;:1:) ~\,' ----"-" ;;z:-1 <br /> -- n CA = <br /> -I1"'l1 <br />I\..) rP ~ :J: m~. C? -<0 <br />51 ""'~) '."- <br />51 o'~ N o -" ] <br />-...J ~ -,., ...c -"z <br />CSl "':\' <br />-...J ro ~ ~7) :J:: f11 <br /> '-, <br />I\..) ~ rn t ::D :r>- eo <br />,j:::>. Pl ::3 r :::0 ~! <br />-...J 0 r l>- <br /> .;-- Ul en <br /> <..D ::><; <br /> }> ....cZ <br /> -C ~'''--'' <br /> 0 (ft -..]0 <br /> cn <br /> <br /> <br /> <br />DEED OF TRUST <br />/t:7f5o <br />PARTIES: This Deed of Trust is made on 08/10/2007 among, the Grantor, ROBERT J BRAUN and LRENE 10 BRAUN, HUSBAND AND <br />WIFE ("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 Bonower 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: 210 E 6TH, Grand Island, Nebraska 68801-4303 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT SIX (6), BLOCK FIVE (5), ORIGINAL TOWN OF GRAND ISLAND, 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 />II A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 08/10/2007 <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 September 02,2012 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 $13,809.94, plus <br />interest, plus any amounts disbursed under the tenns of this deed of trust to protect the security of this deed of trust or to perfonn 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 tenns 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 />DESIGNA nON OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead i!;:luached to this deed of trust and made a part hereof has <br />o been disclaimed; the disclaimer is aUached 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 of trust, including those on page <br />2, and in any er descr:'be signed by Borrower. <br /> <br /> <br />~.~. )e> <br />LRENE JO BRAUN <br /> <br />~ ~ 1 ^ /"'{""\. <br /> <br /> <br />GENERAL NOTARY. Stale of Nebraslca <br />MEGAN D. FREDERIKSEN <br />My Comm. Exp. AprH &. 2010 <br /> <br /> <br />Notary Public) <br /> <br />ACKNOWLEDGMENT: STATE OF N <br />The foregoing instrument was <br />By ROBERT J BRAUN and <br /> <br />My commission expir .. <br />