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<br /> <br /> <br />'---.. DEED.<W'fRUST <br /> <br />}/.00 <br /> <br />PARTIES: This Deed of Trust is made on 07/22/2008 among, the Grantor, JASON D LA ROCHE and SHAWN L LA ROCHE, HUSBAND <br />AND WIFE ("Borrower"), <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, HaJl 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 aJl 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: 203 WAINWRIGHT ST, Grand Island, Nebraska 68801 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOTS FIVE (5) AND LOT, SIX (6) OF SUBDIVISION. OF LOT NINE(9) WINDOLPH'S SUBDIVISION OF PART OF THE NORTHEAST <br />QUARTER OF THE NORTHWEST QUARTER (NE 1/4 NW 1/4) AND THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER <br />(NW 1/4 NE 1/4) OF SECTION FOURTEEN (14), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL <br />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 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 07/22/2008 <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 August 16,2013 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 $10,078.00, 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 perfonn 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 />DESIGNATION OF HOMESTEAD <br />Pursuant to the Farm Homestead Protection Act, designation of homestead i!;:1ttached 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 signing below, Borrower agree to the terms and convenants contained in this deed oftrust, including those on page <br />2, and i riders deseri d a e signed by Borrower. <br /> <br /> <br />~~cdu- <br />SHAWN L ROCHE <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 07/22/2008 <br />By JASON D LA ROCHE ~d SH:wN LA CHE, HU~ AND WIFE ---In <br /> <br />My oommi,,;oo xprr ,'WilW. NO;".':',. '"""" cI. h. tJ..~ )(17 A.. ~. . l' ) <br />, DEBORAH J. NORMAN . aJ I v VVf\ (Notary Pub lC <br />.. n' ... My Comm. Exp. Sept. 19. 2009 <br /> <br />