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200806401
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7/28/2008 2:54:03 PM
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7/28/2008 2:54:02 PM
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DEEDS
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200806401
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<br />REAL EST ATE DEED OF TRUST <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 _.t1.!l"y _Q'tL _~QQ!:I_ __ __ _ __ __ __ __ <br />The parties and their addresses are: <br /> <br />TRUSTOR: JOSEPH E LILLE::, HUSSANO AND WIFE and BETH A :t,1:LLEY, HUSBAlID AND WIFE <br /> <br />4087 MANCHESTER RD <br />Grand Island, NE 68803 <br />D If checked, refer to the attached Addendum 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 THREE (3), JEFFREY OAKS SEVENTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br /> <br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _IJ~!!~ _ __ __ _ __ __ _ _ _ _ _ _ at ~gJlJ_ ~Q~!l~~I!_~ __ _ _ _ ___ <br />(County) <br />_ _ __ __ ~ _ __ _ ~ _ __ __ __ __ H' ___ _. __ _ __ __ _ _ , __ _ __ __ _G:r;:~~(L!~1~.!l~__ '- __ __ __ , Nebrask.1 __ __ 6~?03__ __ <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 $ _"0_,_ Q. Q Q '- Q Q _ __ __ _ __ __ __ __ __ _' 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 FUI'URE 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 07/07/2008 <br /> <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI <br />~ 0 1994 Bankers Systama, Inc.. St. Cloud, MN Form OCP-REDT.NE 5/10/2005 <br />q -C465(NE) (05061 VMP Mortgage Solutions, Inc. <br /> <br />C-08-07-05-000020 <br />(page 1 of 4) <br />
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