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<br /> <br /> <br />DEED OF TRUST <br /> <br />//'00 <br /> <br />PARTIES: This Deed of Trust is made on 03/14/2008 among, the Grantor, STANLEY J ROACH and KATHRYN D ROACH, ("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 ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the <br />laws ofNEI3RASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Lender"). <br />CONVEYANCE: For value received, BOlTower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of <br />which BOlTower 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: 206 E PLUM STREET, DONIPHAN, Nebraska 68832 <br /> <br />LEGAL DESCRIPTION: <br /> <br />THE EAST 1/2 OF LOT FOUR (4) AND ALL OF LOT FIVE (5) IN SCUDDER'S ADDITION, DONIPHAN VILLAGE <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 />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 03/14/2008 <br /> <br />lll!l Future 3d\"anccs: Th.:: u~ove amount is secureu 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 September 15,2014 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 $14,581.68, 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 />u 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 iUttached 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 />SiGNATURES: By signing below, Borrower agree to the terms anc eOilH,nants contained in this deed of trust, including those on page <br /> <br />2,'..;" " .nd..,,' od'bj'~~ ~~.. Q~ <br /> <br />STANLEY J ROACH KATHRYN ROACH <br /> <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 03/14/2008 <br />By STANLEY J ROACH and KATHRYN D ROACH, H oBAND AND WIFE <br /> <br />My commission expires: <br /> <br /> <br />2Cj( <br /> <br /> <br />Notary Public) <br /> <br />GENElW. NOTARY . Slate Of Nebraska <br />USA R. MAYER <br />My Comm. ElIp. May 10, 2011 <br />