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<br />State of Nebraska
<br />
<br />... . Space Above 1bis Line For Recording Data _
<br />
<br />~~
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<br />
<br />D Master form recorded by ... .. _ _ _ _ _ _ . . _ _ _ _ _ _ _ _ _ . _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is DeOem:be.:r; _l_QL _~QQ7 _. n
<br />and the parties and their addresses are:
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />[X] Construction Security Agreement
<br />
<br />TRUSTOR: BASIL N HOGLUND
<br />HARRIET L HOGLUND
<br />2809 BRENTWOOD BLVD
<br />GRAND ISLAND, NE 68801
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Arend R Baaok, Attorney
<br />P. O. Box 790 Grand Island NE 68802-
<br />
<br />BENEFICIAR Y:
<br />
<br />Home Federal Savings and Loan Assn of Grand Island
<br />221 South Looust St Grand Island NE 68801-
<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 />
<br />LOT FIVE (5), BLOCK ONE (1), SUMMERFIELD ESTATES SEVENTH SUBDIVISION, IN THE CITY OF
<br />
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in
<br />
<br />Hall
<br />(County)
<br />
<br />at 381.1. ME.AA~ CIR<;:~ _ n _ __ _
<br />
<br />(Address)
<br />
<br />.G:r;~g. n !l!Iland
<br />(City)
<br />
<br />.. , Nebraska_
<br />
<br />6889~__
<br />(ZIP Code)
<br />
<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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ 200,00_0.00 ..' This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE 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 described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />01994 Wolters Kluwer Financial Services - Bankers SvstemsTM Form RE-OT-NE 12/15/2006
<br />VMP@-C165(NEI (0708)
<br />
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