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<br /> ,.g n ~ r~~,,'). m <br /> m :r: ~'..:.::::::;. 0 (/0 0 z <br /> 'l::::._ "VI m 11:.::"'''':, 0 .-1 ~ <br /> c: ex> 1> rV <br /> n :t ~:_ ':1- c: m <br /> 0. ~.". "....\ -'r -" :0 <br /> n J.._ ?li: --- 0"1 c::> <br /> ~ C;P ::;e ("~) .'.," rT'1 -1 m <br /> :I: n ~-? rTl ~~::.:t:". cP -< C':'> 0 <br /> " m > c:::J :,e.. <br />N n C,I':l C') ..;~J~ .... l-' ,::> .-n <br />IS (tl ;1ll\ ::J: C) \ U1 -r-, CO to <br />IS -Tj -,,~.. I"'n c:> ::; <br />CO ~. ? <br /> l-:J ).~}Ir C~,,,J CJ) <br />IS '" rn \\ -0 r- ;n l-' -I <br />-->. ~ rn :3 r~ l-~ ::0 <br />N "-.-"" t' Ul 1''0 C <br />(.U - <Jl ~ l-' 7" ~? <br />(j) N ~ w i'n <br /> ----- '-" ~ <br /> -C: ex> <br /> en (fl .,~ <br /> (fl .,::.,'" <br /> (:) <br /> <br /> <br /> <br />DEED OF TRUST <br /> <br />/C),50 <br />PARTIES: This Deed of Trust is made on 02/04/2008 among, the Grantor, JERE~ROSS and KATHERINE 'MROSS, HUSBAND AND <br />WIFE ("Borrower"), 4\"',eb (,.. <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the <br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("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: 1746 DOREEN ST, Grand Island, Nebraska 68803 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT TWENTY ~FOUR (24), WEST BEL AIR FIFTH SUBDIVISION, CITY 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 dates thereof): <br /> <br />III A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 02/04/2008 <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 />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 February 10, 2009 if not paid earlier. <br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $173,627.10, 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 />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 of trust 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 disclaimed; the disclaimer is attached to this deed of trust and made a part hereof <br /> <br />J <br /> <br /> <br />er agree to the terms and convenants contained in this deed of trust, including those on page <br />ed by Borrower. <br /> <br />~~ <br />KAT RINE~ROS <br /> <br />SIGNATURES: By signing below, B <br />2, and in any rid es be e <br /> <br />ACKNOWLEDGMENT: STATE Of NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 02/04/2008 <br />By JERE~~OSS and KA THERINE ~I:.OSS, HUSBAND AND WIFE <br /> <br />Mycor&i'(s:onexpires:-Lbt/of\ li, d4 ~ <br /> <br />GENERAL NOTARY. State of Nebraska / ?' <br />JUSTIN GRAYBIll. <br />My Camm. EJCp. Jan. 28. 2009 <br /> <br />(Notary Public) <br /> <br />