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<br /> 1= #- .0 n ~ <br /> Ci\ """~ m :J: J ,...,~~ <br /> ." rn c.n .c:':::,~,) C, (I' C> m <br /> ~ D c: ,.,'. ~') ;;:,~ <br /> n :I: <':::':0- 0 ~~~1 <br /> :''\ Z ;':, c: :r> rv -",J <br /> ~r~1 ~ c =.3 ..., -1 rn <br /> 1: .<.- :n <br />N ~ --~ ::;0 -~ ,n c=J <br />0 '"" n': = --< In <br />0 n C'A G-) c:"> C) 0 <br />Q:l ;IIlI: :::c 0 -,-'1 )> <br />0 V>, '- Sf <- en -'1 ":If#' CO (f) <br /> ',., <br />-->. C ~ ~ ,:J: j'"1"1 <br />Q:l t:::":J C) ...". <br />i C)- 'J..:,':~ r:-r:,l ""- <br />.f::>. r"~ i\ ::n ~ <br />_ --C'l p~ ::3 r-- ~:r_J <br />-....,j F. , :::".. f-' <br /> < 0 ::n <br /> U) ~ (J) CO c: <br /> 17\ CD :..-'-" ~ <br /> (' po ....c n1 <br /> ~ rv ----- ----- Z <br /> ""0 CO Ul -..J -4 <br /> ~ Ul ~: <br /> ('V 0 <br />DEED OF TRUST <br /> <br /> <br /> <br />,-1:;'.5 Cl <br />PARTIES: This Deed of Trust is made on 02/13/2008 among, the Grantor, MARIO ESCOBAR and MARIA ESCOBAR, HUSBAND AND <br />WIFE ("Borrower"), <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 ASSOCIA nON 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: 115 E CHARLES ST, Grand Island, Nebraska 68801 <br /> <br />LEGAL DESCRIPTION: <br /> <br />THE WEST 67.5 FEET OF THE EAST 135 FEET OF LOT THIRTEEN (13), OF THE COUNTY SUBDIVISION OF THE WEST HALF (W <br />1/2) OF THE SOUTHWEST QUARTER (SW 1/4) OF SECTION FIFTEEN (15), TOWNSHIP ELEVEN (II) NORTH, RANGE NINE (9) <br />WEST OF THE 6TH P.M., IN THE 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 02/13/2008 <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 />D 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 26, 2012 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 $13,083.00, 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 />D Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation. <br />D 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 />D been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof <br /> <br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />Z, and ;n any "don d,"""bed abova ';gn,d by Bo"ow", ~ . _ (:) ~ <br /> <br />/J10r/o C:3C6/:;'CA-Y 1-/. '~A-t:-P-tJ>< <br />MARlO ESCOBAR ARIA ESCOBAR <br /> <br />ACKNOWLEDGMENT: STATE OF NE RASKA, HALL COUNTY SS: <br />The foregoing instrument was owl edged before me on 02/13/2008 <br />By MARIO ESCOBAR and IA ESCOBAR, HUSBAND AND <br /> <br />)crIJ <br /> <br /> <br />My commission expires: <br />GENERAL NOTARY. State of raska <br />MEGAN D. FREDERIKSEN <br />My Comm. Exp. April 6. 2010 <br /> <br /> <br /> <br />Notary Public) <br />