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<br />State of Nebraska
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ ..
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 9_q,1;.Q.Q.~~ _l,,~ L _~Q97
<br />The parties and their addresses are:
<br />
<br />TRUSTOR:KAYE I DOANE, HUSBAND AND WIFE and CATHY J DOANE, HUSBAND AND WIFE
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<br />14275 W WOOD RIVER RD
<br />WOOD RIVER, NE 68883
<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<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 />LOTS ONE (1) THRU EIGHT (8), OF NICKELS SUBDIVISION, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in
<br />
<br />Hall
<br />---------------------------------
<br />(County)
<br />__ __ __ __ __ __ __ __ __ __ _ __ __ __ __ __ __ __ _ __ __ __ __ _WOOD RI~~__ __ __ __ __ , Nebraska __ __ ~ll~~~ __ _
<br />(Address) (City) (ZIP Code)
<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 />at H~J?_ Jt ~QQI?_ J~:J;yJ1;~ _ ~ __ __ _
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shallnotexceed$_2_0,_QQQ'-QQ_______ hh___' This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<br />4. SECURED DEBT AND FIITURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 10/19/2007
<br />
<br />C-07-10-17-000070
<br />{page 1 of 4j
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Exf5iii'e.i'f) 0 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP-REDT-NE 5/10/2005
<br />~ -C465(NE) 10506) VMP Mortgage Solutions, Inc.
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