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<br /> l:. '10 (") ~ <br /> ~ ~ ~ m <br /> c n :r: . ""........", ~ <br /> Z ~ c_"> o (/l ~ <br /> n c':=-) m <br /> n c c;o o -~ ::0 <br /> ~ "\:.. c: ~~ r'-' <br />N ~ m ~ ~ r- , ef) z~ g] <br /><Sl n :;0 ~ ',,- r,." --'4rn 0 <br />IS t:>- 1lii ::a: c.. rn ~. -0 -<0 :t'>' <br /><Xl ~ .;;).. ;;.'~ N 0'" (::) en <br /><Sl ~ o '-'.i::- Z <br /><Xl c....,) II .::;(~ CD <br /> " (I) <br />-->. tf :r: r'n <br />-->. l' 0 ~ ):>- t.D (::) -I <br />W rn ~l ' \J r :::U :0 <br /> r""~ ::3 CD c: <br /> 0 ~ rl>- ~ <br /> u-, (fl ........... m <br /> ........... ::;0:: ~ <br /> p ......... <br /> '"-" . '"-" <br /> (::) ~ :z <br /> c.o (f) 0 <br /> (f) <br /> --. - 200808113 <br /> DEED OF TRUST <br /> <br /> <br /> <br />C' <br />PARTIES: This Deed of Trust is made on 09/15/2008 among, the Grantor, MIGUEL A NAVARRETE and , A SINGLE PERSON ~ <br />("Borrower"), <br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Tmstee"), 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 Tmstee, 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: 1731 N HUSTON AVE, Grand Island, Nebraska 68803-2745 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT 111 IN WESTLA WN SUBDIVISION IN 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 tmst 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 tmst, includes any amounts <br />Borrower owes to Lender under this deed of trust or under any instmment 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 09/15/2008 <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 March 25, 2010 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 $6,059.50, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of tmst 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 />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 iC1ttached 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 /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 09/15/2008 <br />By MIGUEL A NAVARRETE and , A SINGLE PERSON <br />( /) I <br /> <br />My commission expires: <br /> <br /> <br />~2(fp ffUot~PubliO) <br /> <br /> <br />GENERAl NOTARY . Sta18 ebraaIla <br />USAR.MAYER <br />My QImnl. May 10. 2011 <br />