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<br />(n <br />(I) <br /> <br />.0 <br />N <br />o <br />o <br />CO <br />o <br />-..J <br />o <br />W <br />0') <br /> <br />m <br />~ <br />:D <br />m <br />C <br />6) <br />Z <br />~ <br />::;JJ <br />c <br />E:: <br />m <br />~ <br />:z <br />o <br /> <br />I\J <br />S <br />S <br />CO <br />S <br />""-J <br />IS <br />W <br />0'> <br /> <br /> <br />~. <br />~ <br />n. <br /> <br />"J:..l., <br />;;0 S; '\ <br />m A'\-. <br /><:") ~'- <br /><" <br />o <br />....., <br /> <br />---' <br />c::: <br />c..~ <br /> <br />....... <br />-L: <br /> <br />~ <br /> <br /><'1,' <br />~ <br />""- <br /> <br />10 <br />m <br />." <br />c: <br />n Z <br />~~~ <br />ncn <br />~~ <br /> <br />I <br /> <br />~E <br />OX <br />,.c: <br /> <br />~ ........,. <br /><::..c:> <br /><.::::> <br />-= <br /> <br />('") (() <br />o -l <br />C l> <br />::z:-l <br />-Irrl <br />-<0 <br />0'" <br />"z <br />:r.: III <br />l> ell <br />r :;;0 <br />rl> <br />(J) <br />^ <br />l> <br /> <br />\::) <br />~ <br />~ <br /> <br />o ti <br /> <br />"1 t" <br />III <br />c:::> <br />(J) <br /> <br />-0 <br />:3 <br /> <br /> <br />I--' <br />~ <br />W <br /> <br />-- <br /> <br />DEED OF TRUST <br /> <br />/tJ,$O <br /> <br />PARTIES: This Deed of l' rust is made on 07/25/2008 among, the Grantor, KARON K BUSSINGER, A SINGLE PERSON ("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: 1116 E 7TH ST, GRAND ISLAND, Nebraska 68801 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT SEVEN (7), IN BLOCK FOUR (4), IN LAMBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL 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 />II A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 07/25/2008 <br /> <br />II 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 05, 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 $12,624.20, 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 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 iUttached 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 />2, and in any riders described above signed by Borrower. <br /> <br />~A5?1 ~6~'tJ~"9'~"-' <br />KARON K BUSSIN ER <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was ac wledged before me on 07/25/2008 <br />By KARON K BUSSINGER GLE PE_N J/1 {:;:/ <br /> <br />My commission expire . /V/G- <br /> <br /> <br /> <br />GENERAl NOTARY. State of Nebraska <br />MEGAN D. FREDERIKSEN <br />My Conlin. Exp. April&. 2lJ1O; <br />