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<br />m <br />~ <br />N' m <br />0' 0 <br />C), 0; <br />z <br />it <br />c: <br />s: <br />m <br />U1 ~ <br />c..J :z <br />o <br /> <br />/0,50 <br /> <br />PARTIES: This Deed of Trust is made on 06/05/2008 among, the Grantor, PATRICK S LONERGAN and NANCY R LONERGAN, <br />HUSBAND AND 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 there\;llto belonging (all called the <br />"property"). <br />PROPERTY ADDRESS: 3107 WOODRIDGE BLVD, GRAND ISLAND, Nebraska 68801-7229 <br /> <br />~ <br />~ <br />;r\ <br />~ <br />~ <br /> <br />~ <br />~ <br />2n~ <br />m>~ <br />nc.n <br />~% <br /> <br />os;? <br />~cn <br />n:c <br />;;l'II:: <br /> <br />f~'.....,3. <br />C"':> <br /><-= <br />C>O <br /> <br />o (n <br />o -t <br />c: :t> <br />z-t <br />-tf"1l <br />-<0 <br />O"TJ <br />""T1z <br />:r:: m <br />:r> en <br />r ::0 <br />r :t> <br />Ul <br />;::><; <br />:r> <br /> <br />o <br /> <br />N <br />(9 <br />(9 <br />00 <br />(9 <br />01 <br />-" <br />01 <br />W <br /> <br />o <br /> <br />,- <br /> <br />:;;u ~r-)'~ <br />fT1. ~. <br /><7) -- <br />0"'" <br />"""'l <br />C':l <br />1"'1 <br />r" <br />o <br />(j) <br /> <br />'" <br />c: <br />Z <br />I-" <br />0') <br /> <br />co <br /> <br />- <br /> <br />r <br /> <br />-u <br />:3 <br /> <br />C) <br />CJl <br />I-" <br /> <br />I--> <br /> <br />-C <br />...c <br /> <br />----- <br /> <br />(j) <br />(j) <br /> <br />""DEEDUF TRUST <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT ELEVEN (11), BLOCK TWO (2), BRENTWOOD SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br /> <br />Located in Hall County, Nebraska. <br />TITLE: Borrower convenants aitd4arrants 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 06/05/2008 <br /> <br />. 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 June 15,2013 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 $16,059.50, 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 />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 />DESIGNA nON 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 si nin below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />2"DdiD'~ ocr." Dv..i,D"by BorrDw.... tL<zr. f') ~[J/i ~ <br /> <br />PATRIe NAN~WNEeAN a <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 06/05/2008 <br />By PATRICK S LONERGAN and NANCY R LONERGAN, HUSBAND AND WIFE <br /> <br />My commission expires: f) E:C-, ?C(, 2-00 :Y (!;~ ;Z \ f::::. ~ <br /> <br />~ GENERAl. NOTARY. State of Nebl8lil<a <br />~ CHRIS L. KASKIE <br />My Comm. Exp. D8c. 29, 200B <br /> <br />(Notary Public) <br /> <br />~"''''''''''':-''''-'':'''-- <br />