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<br />. '."-UEEV9I" TRUST 10 J 0
<br />
<br />PARTIES: This Deed of Trust is made on 07/28/2008 among, the Grantor, GREGORY H URWILLER and SHARON A URWILLER,
<br />HUSBAND AND WIFE ("Borrower"),
<br />AREND R JaAACK, ATTORNEY. whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the
<br />Beneficiary, HOME FEDERAL SA VINOS 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 Borrow~!' i1l lawfully seized, dC3cribed i)dow and all builWrI/is, 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: 4306 LARIAT LN, Grand Island, Nebraska 68803
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />Lot Eleven (11), Western Heights Subdivision, City of Grand Island, Hall County, Nebraska.
<br />
<br />Located in Hall County, N~b~aska. .
<br />TITLE: Borrower convenants and warrants title to the property, except for
<br />
<br />SECURE]) 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 07/28/2008
<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 January 28,2009 if not paid earlier.
<br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principe) amount of $71,559.50, 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 />CJ Variable' Rate: The interest rate on the obligation secured hy 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 />RIDERS: ASSIGNMENT OF RENTS
<br />
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead. iQ.ttached 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 of trust, Including those on page
<br />1, audio any ri ers described above Igned by B~O'1,/ ,~wwJf .. -1M," ~, ,
<br />
<br />~ r;;~, JII//;/LJ
<br />S ' ON A UR.WILLER
<br />
<br />
<br />.', I
<br />. ,
<br />ACKNQWLE])Gl\1ENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />. The foregoing ins~ment was acknowledged before me on 07/28/2008
<br />By GREGORY H URWILLER and SHARON A URWILLER, HUSBAND AND WIFE
<br />
<br />My,onun;.,ion"'P"",,~-/SI.-..2bO'1~, ~, , " .
<br />(Notary Pubhc)
<br />&rw. NOTARY "SlIte of Nebraska
<br />· QESOAAH L TROSPER
<br />MvComm. . FeD. 14, 2009
<br />
<br />
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