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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
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<br />C7
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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 .;Ig.!1!1~~ry ~2~~,~ -2008 - - - - - - - ---
<br />and the parties and their addresses are: ' -- - - - - - - - - - - - - -
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />TRUSTOR: James Scott Zana, Trustee
<br />
<br />209 Lakeside Drive
<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 />
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />
<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 />Second Amended Lot One (1), Block Nine (9), Continental Gardens, City of Grand
<br />Island, Hall County, Nebraska.
<br />
<br />The property is located in __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _H_all
<br />(County)
<br />
<br />at 23~_3_ ~_'_ ~~l?l? _~~<!<!__
<br />
<br />(Address)
<br />
<br />_ _ _ _ _ _ _ _Gz:~nd!~!~!1~_ _ __
<br />(City)
<br />
<br />, Nebraska __ __ _ E?8803 _ ____
<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 $ ~50, 479_,_8_7_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . 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 ANI> 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 />A Promissory Note dated 01/24/2008
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI
<br />01994 Wolters Kluwe' Financial Services - aankers Systems™ Form RE-OT-NE 12/15/2006
<br />VMP @-C165(NE) 1070al
<br />
<br />(page 1 of 4J
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