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<br />DEED OF TRUST
<br />
<br />PARTIES: This Deed of Trust is made on 10/26/2007 among, the Grantor, STEVEN LISKE and JUDY A ISKE, HUSBAND AND WIFE
<br />("Borrower"), /c;, So
<br />AREND R BAACK, A TTORNEY, who~e residence addr~ss is P. O. l\OX 790, Grand Island, Hul: COU:1ty, Ncblaska ("TlUst~C"), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIA nON OF GRAND ISLAND, a corporation organized and existing under the
<br />laws ofNEBRASY..A whose adc:lress isXn SOUTH LOCUST STREET, GRANO ISLAND, NEBRASKA c.8~01 ("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, 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: 3564 GRAHAM AVE, Grand Island, Nebraska 68803
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />1 LOT ELEVEN (11) westROADS ESTATES THIRD SUBDIVISION, IN '. BALL COUNTY,
<br />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 d..:bt is evic:.:nccd by (List 111 instruments anJ agreements secured by this deed of trlist and the dales lhereof):
<br />
<br />III A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 10/26/2007
<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 />AU 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 wi11 be secured to the same extent as if made on the date this deed oftrust is executed.
<br />
<br />, '.'
<br />The above obligation is due and payable on April 28, 2008 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 $82,414.59, plus
<br />interest, plus any amounts 'disbursed under the termsofthis deed of trust to protect the security of this deed of trust or to perform any or-the
<br />covenants contained in this deed of trust, 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 terms under which the interest rate may vary is attached to this deed oftrust 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 i[:lttached to this deed of trust and made a part hereof has
<br />o been disciaimed; the disciaimer is attached to this deed of trust ar.d made a part hereof.
<br />
<br />
<br />~~,A ~
<br />JUD A IS
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 10/26/2007
<br />By STEVEN L IS and JUDY A ISKE, HUSBAND D WIFE
<br />
<br />() )01/
<br />
<br />GENEML NOTARY . S1ala of N8IIIUIca
<br />USA R. MAYER
<br />My ClInm. EJp, May 10. 2011
<br />
<br />
<br />
<br />otary Public)
<br />
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