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<br />
<br />DEED OFTRUST
<br />-
<br />r-..........~
<br />PARTIES: This Deed of Trust is made on 08104/2008 among, the Grantor, JEFF SUCK alkla JEFFREY L SUCK and LISA SUCK, HUSBAND ~
<br />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 TlON 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: 727 E CAPITAL AVE, Grand Island, Nebraska 68801
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />Part of the West Half (Wl/2) of the North West Quarter (NWl/4) of Section Ten (10), Township Eleven (11) North, Range Nine (9) West of the
<br />6th P.M., Hall County, more particularly described as follows: Beginning at a point on the North line of the West Half (WI/2) of the Northwest
<br />Quarter (NWI/4) of Section 10, which point is 660.0 feet West of the Northeast (NE) comer of the West Half (WI/2) of the North West Quarter
<br />(NWl/4) of said Section 10; running thence South parallel to the East line of the West Half (Wl/2) of the Northwest Quarter (NWI/4) of said
<br />Section 10, 331.0 feet; running thence West parallel to the North line of the West Half (Wl/2) of the North West Quarter (NWI/4) of said
<br />Section 10, 132.0 feet; running thence North parallel to the East line of the West Half (WI/2) of the North West Quarter (NWl/4) of said Section
<br />10,331.0 feet, to a point on the North line of the West Half (Wl/2) of the North West Quarter (NWI/4) of said Section 10; running thence East
<br />upon and along the North line of the West Half (Wl/2) of the North West Quarter (NWI/4) of said Section 10, 132.0 feet, to the actual point of
<br />beginning.
<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 />III A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 08/04/2008
<br />
<br />III 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 ifmade on the date this deed of trust is executed.
<br />
<br />The above obligation is due and payable on August 01, 2015 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 $16,656.13, 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 />D 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 il::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 belo r agree to the terms and~onven .. rontam.d m lbi:f'''''' inclnd'ng 'ho.. on pog.
<br />2, and many ri '" d. . aho'"'gn''' hy Bo......w". __ ~c..D
<br />
<br />LISA SUCK
<br />GENERAL NOTARY. State of Nebraska
<br />J JUSTIN GRAYBIll.
<br />My Comm. Exp. Jan. 2B, 2009
<br />
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 08/04/2008
<br />By JEFF SUCK and LISA SUCK,
<br />
<br />My commission expires: I jJ ! '0 '7
<br />
<br />/LA ~711/
<br />
<br />(Notary Public)
<br />
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