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<br /> ): 10 <br /> D m <br /> on <br /> g c: <br /> c""t Z <br /> (ll 1: n C <br />N )> ~ <br />IS :-n <br />;rt h en <br />IS "" ::I: <br />OJ <br />IS iL \ <br />0'> <br />-" fb <br />N ""\ <br />OJ ~ <br /> - <br /> <br /> <br />on <br />x> <br />m (1'. <br />n:x: <br />".. <br /> <br />~ <br /> <br /> <br />DEED OF TRUST <br /> <br />200806128 <br /> <br /> m <br /> I''''' ~ <br /> c~ ('") .(j) <br /> c.=, 0 <br /> 01::) O....-j <br /> ::\~ C l> :D <br /> ~ :z-l N In <br />::0 c:= -if'Tl 0- <br />f"" tr, r- 0 >- <br />c;;') ~ ..'..,.... -< 0 <br />o'{ ....... 0 ." C> en <br />..." en " z co Z <br />0 ~ ...,... nl ~ <br />fTl 1:\ '. -u l> 0) 0 :0 <br />fT1 l ::3 r :D c: <br />0 r :p. en <br />(f) (J1 g <br /> N ;::><; ~ rn <br /> l> N ~ <br /> ....... .................. <br /> --.J Cf) co :z <br /> en 0 <br /> <br />/o.s-a <br />PARTIES: This Deed of Trust is made on 07/07/2008 among, the Grantor, LOU J PETSKA and VALORIE S BENDIXEN, HUSBAND AND <br />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 thereunto belonging (all called the <br />"property"). <br />PROPERTY ADDRESS: 1309 SHERIDAN PL, Grand Island, Nebraska 68803 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT SEVENTEEN (17) IMPERIAL VILLAGE THIRD SUBDIVISION, TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />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 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 07/07/2008 <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 July 15,2015 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 $22,702.95, 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 contai.'1ed in this deed of trust, with interest on such disbursements. <br />o Variable Rate: The interest rate on the obligation secured by this deed oftrust 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 iOttached 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 /> <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 'ders descri abo signed by Borrower. . ~it r I 3~.. <br /> <br />-~. ~t ~ ~ w/4 <br />V ALORIE S BENDIXEN .... <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 07/07/2008 <br />By LOU J PETSKA and VALORIE S BENDIXEN, HUSBAND AND WIFE <br /> <br />MYOO-"ionexPi=~ /O/)(J() ~!U~ <br /> <br /> <br />GENERAL NOTARY . staI8 of Nebra8ka <br />USAR. MAYER <br />MyComm. Exp. May 10.2011 <br /> <br />(Notary Public) <br />