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<br />-;,:: <br />g <br />!i\ <br />~ <br />I'Tl <br />7i.l <br />J5 <br />r <br /> <br /> ~ n (') ,......:> <br /> ." :E: )> c"'" c:> U) 0 m <br /> c: m (II c::'> o --l <br /> c:;D ~ <br /> Z n ::r ~~. c::l> N <br />On 0 "" ::3 z-1 <br />~> ~ ~~ :;:0 ....../'Tl c::> :0 <br /> -c: -<0 o{9 <br />n (I) t-' o~ <br />;lI'l;; :c ~ <br /> ~ C> CD ~:z: CDl'; <br />I ...., <br /> t :r.:f'T1 <br /> 0 l>aJ o- <br /> m ::0 Z <br /> m ::3 ,:U -L:~ <br /> 0 rl> <br /> (;f) t-' U) We: <br /> t-' ;::0::: <br /> l> AS:: <br /> N ........."-,, m <br /> co en CD :z: <br /> (f) -I <br /> Z <br /> 0 <br /> <br />N <br /><Sl <br /><Sl <br /><Xl <br /><Sl <br />~ <br />W <br /><Sl <br /><0 <br /> <br />"'-----., - <br /> <br />DEED OF TRUST <br /> <br />/0.50 <br />PARTIES: This Deed of Trust is made on 05/01/2008 among, the Grantor, LINDA J GRAYBILL, A SINGLE PERSON ("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 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: 2118 W CHARLES ST, Grand Island, Nebraska 68801 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT 7, BLOCK 19, MORRILL'S ADDITION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br /> <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants and warrants title to tile 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 05/01/2008 <br /> <br />II 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 October 28, 2008 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 $60,077.50, 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 il:lttached to this deed of trust and made a part hereof has <br />o been disclaimed; the disclaimer is attached to tI1is 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 />2, and in any riders described above si ned y Borrower. <br /> <br /> <br /> 1\ GENERAl NOTARY. State of Nebraska <br /> . MEGAN D. FREDERIKSEN <br />:/J . _ My Comm. Exp. April 6, 2010 <br /> <br /> <br />~ <br /> <br />ACKNOWLEDGMENT: 8T A TE OF N <br />The foregoing instrument was <br />By LINDA J GRAYBILL, <br /> <br />My commission expires' <br />