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<br />N <br />IS <br />IS <br />CO <br />IS <br /><Jl <br />~ <br /><Jl <br />-....j <br /> <br /> <br />~ <br />~ <br />I" <br />~ <br />~ <br />t <br /> <br /> <br />~ <br />c::;;;o <br />~ <br />co <br /> <br />O'en <br />0-1 <br />C )> <br />:;z-l <br />-j.f'I1 <br />-<0 <br />o .." <br />""Z <br />:I: 'T] <br />p.w <br />r- ::.u <br />r-l> <br />en <br />;:>l; <br />> <br />-,- <br />en <br />(ri <br /> <br />i <br />z <br />i <br />.. <br /> <br />~ <br />n <br />~ <br /> <br />~ ~f <br />o i r <br /> <br />(' <br />e <br />:z <br />N <br />em <br /> <br />~2 <br />r~ <br /> <br />-0 <br />::3 <br /> <br />f--I. <br /> <br />1"'0' <br />C:~ <br /> <br />DEED OF TRUST <br /> <br />1'9 <br />,~ <br />Q <br />6 <br />6;> <br />6 <br />c:" <br />..:.c <br />en <br />-oJ <br />''ii', <br /> <br />~ <br />.::n <br />m <br />o <br />~ <br />~ <br />c:: <br />s:: <br />~ <br />z <br />o <br /> <br />/i:7 ,So <br />PARTIES: This Deed of Trust is made on 06/09/2008 among, the Grantor, JOEL A HOLLING and BUFFY S HOLLING, HUSBAND AND <br />WIFE ("Borrower"), <br />AREND R BAACK, ATIORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the <br />Beneficiary, HOME FEDERAL SA VINaS 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: 123 E CHARLES ST, Grand Island, Nebraska 68801 <br /> <br />LEGAL DESCRIPTION: <br /> <br />THE EASTERLY SIXTY-SEVEN AND FIVE TENTHS FEET (67.5) OF LOT THIRTEEN (13) OF THE COUNTY SUBDNISION OF THE <br />WEST HALF OF THE SOUTHWEST QUARTER (W1/2 SW 1/4) OF SECTION FIFTEEN (15), TOWNSHIP ELEVEN (11) NORTH, <br />RANGE NINE (9) WEST OF THE 6TH P.M., 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 perfonuance 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 06/09/2008 <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 />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 June 25, 2018 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 $26,393.57, 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 tenus under which the interest rate may vary is attached to this deed of trust and <br />made a part hereof. <br /> <br />RlDERS: ASSIGNMENT OF RENTS <br /> <br />DESIGNATION OF HOMESTEAD <br />Pursuant to the Fann 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 hereot'. <br /> <br /> <br />signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page <br />scribed above sig ed by porrower. <br /> <br /> <br /> <br />GENEIW. NOTARY .$1I\I.Df NaIlrulta <br />USA R. MAYER <br />Comm. 10.201t <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 06/09/2008 <br />By JOEL A HOLLING and BUFFY S HOLLING, HUSBAND AND WIFE <br /> <br />MYCO-";onexP'='~~ /1 ~/2J1)~V <br /> <br />(Notary Public) <br />