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<br />DEED OF TRUST
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<br />PARTIES: This Deed of Trust is made on 09/21/2007 among, the Grantor, MONTE L SCOFIELD and DIXIE L SCOFIELD, HUSBAND AND
<br />WIFE ("Borrower"),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. 0, Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOM ASSOCiATION OF GRAND ISLAND, a corpgrationorganizedand existing under the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA~801 ("Lender").
<br />CONVEYANCE: For vdue 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: 822 E. 8TH ST., GRAND ISLAND, Nebraska 68801
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<br />LEGAL DESCRIPTION:
<br />THREE
<br />THE EASTERLY THIRTY-~ FlEET (E 33') OF LOT EIGHT (8), IN BLOCK TWO (2) IN JOHN VOITLE'S ADDITION TO THE CITY
<br />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 (htes thereof.):
<br />
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 09/21/2007
<br />
<br />. 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 />D 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 05,2014 ifnot paid earlier.
<br />The total unpaid balance secured hy thi~ deed of trust at anyone time shall not exceerl a maximum principal amount of $7,R07.50, 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 />D Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />D 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 />Pursuanl to the Farm Home:;tead Protection Act, de~ignation of homestead iOttached to this deed of trust and made a part hereof has
<br />D been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
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<br />~;:;:.' re=, and 'nna ::nOO;;:::2 :t:izg tho", on pag'
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<br />~XlE L SCOFIELD
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<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 09/21/2007
<br />By MONTE L SCOFIELD ~d DIXIE L SCOFIELD, HUSBA~" A, NDWIF;:
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<br />M ... /D ,3.011 ~ !!J!fj!^)
<br />y commiSSIOn expires: ;/, ," V L/ .
<br />......,......_.a... ' " (Notary Publlc)
<br />BERALNOTARt-o..."'u,....- ,
<br />USAR.MAYER \. .
<br />ColmL Ellp. May 10, 2Of1
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