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<br />Vl'JIillU ...-fRUST
<br />
<br />
<br />PARTIES: This Deed ofTrust is made on 09/10/2007 among, the Grantor, NOMA D CARGILL and, A SINGLE PERSON ("Borrower"), /C ..50
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the
<br />Beneficiary, HOME FEDER.AL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a l:crporation organi;:ed and ('xisting 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. describ-:d below and all buildings, fixtu~es, a11d existing and fc.ture improvements the~eon and al! 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: 308 W 13TH, Grand Island, Nebraska 68801
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT NINE (9), BLOCK TEN (10), IN SCHIMMER'S ADDITION, CITY 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 ?ROMISSORY NOTE AND SECURITY AGREEMENT DATED 09/10/2007
<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 March 08, 2008 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 $5,073.50, 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 i~te,,:~,t rate 0.'1 tI-:;: Clb!ig::ttion secured by this deed :::ftr:lst :na.y ,,'a.ry according to the tcrms afthat 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 iUttaehed 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 />SIGNATURES: By signing below, Borrower agree to the terms and convenant! contail...:!! in this deed of trust, including those on page
<br />2, and in any riders described above signed by Borrower.
<br />
<br />
<br />!i~~f!iPc~~
<br />If) ~ ~~ W
<br />
<br />,
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 09/10/2007
<br />By NOMA D CARGILL ~nd . A SINGLE PERSON, LINDA C... .. CROc;r<ER., p. OWER OFA TTORNEY
<br />
<br />Myoo=i"ion"pi,,,, ~ ! ~ 2-01/ . ~ (2 ~ .
<br />. . otary PublIc)
<br />8ENERAL. NOTARY . State of NebrIIka ./
<br />USAR.MAYER
<br />IrComm. _10,2011
<br />
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