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<br /> <br /> <br />REAL EST ATE DEED OF TRUST 4l?/ ..52> <br />(With Future Advance Clause) <br />D Construction Security Agreement <br />D Master form recorded by __ _ _ _ __ _ __ _ _ __ _ __ _ __ __ __ __ __ __ __ __ _ __ __ __ __ __ __ __ __ _ _ __ __ __ __ __ _ _ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ".R~~~ J!?L_~QQI:I___ ____ _ _ _ _ __ . <br />The parties and their addresses are: <br /> <br />TRUSTOR:JEFFREY L SPLATTSTOESSER, HUSBAND AND WIFE and DAWN M SPLATTSTOESSER, <br /> <br />2210 NASHVILLE <br />GRAND ISLAND, NE 68803 <br />D If checked, refer to the attached Addendwn incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <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 />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 />LOT TEN (10) IN JEFFREY OAKS EIGHTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY NEBRASKA <br /> <br />The property is located in _ ____ __ _ _ _ _ _ _ __ _ _1Jl!J.l_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ at ~~JP_1't~S_~~~~ _ __ _ _ _ _ _ _ __. <br />(County) <br />_ __ __ __ __ _ __ __ __ _ ________ __ _______ , __ __ _ __ _~:J;:~~_~~J.~~~__ __ __ ___ , Nebraska __ __~I:II:IQ~_____ <br />(Address) (City) (ZIP Code) <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 <br />shall not exceed $_l_li,-~QQ,-QQ __ __ __ _ __ __ __ __ __' This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this Security Instrument. <br /> <br />4. SECURED DEBT AND FImJRE 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 <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 04/07/2008 <br /> <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />~ 0 1994 Bankers Systems, Inc., St. ClOUd, MN Form OCP-REDT-NE 5/10/2005 <br />~-.~~~5,(NE) (0506) VMP Mortgage Solutions. Inc. <br /> <br />C-08-04-07-000029 <br />(page 1 of 4J <br /> <br />\ <br />