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<br />Space Above This Line For Recording Data
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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
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<br />D Master form recorded by __ .... __ __ __ __ __ ____ ... __ _ _ __ __ __ __ _ _ ___ __ __ _ _ __ __
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sept~ml:?~:;: _:I,~ L _?99~_ ___ __
<br />The parties and their addresses are:
<br />
<br />TRUSTOR: FRED L SCARBOROUGH and SUSAN E SCARBOROUGH, HUSBAND AND WIFE
<br />
<br />1823 W JOHN ST
<br />GRAND ISLAND, NE 68803-5920
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments;
<br />TRUSTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's perfonnllnce under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />THE WEST SIX FEET (W6') OF LOT FOUR (4) AND ALL OF LOT FIVE (5), IN BLOCK
<br />FORTY-FOUR (44), CHARLES WASMER'S SECOND ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in _ _ _ _
<br />
<br />Hall
<br />n_ _. __ _.. _. _ _ _ _ _ _ _. __ _ ,.., _. __ _ ._ __ _ __ _ _
<br />(County)
<br />_ ... _ ____ ___ _ _ _ __ _ _q~ _~I?~_ __ _ , Nebraska 68803-5920
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />
<br />at 1823 W.rOHti[ST
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $ _3_0_,_QOO. 00 . This limitation of amount does not include interest and other
<br />fees and ch_arges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's sectnityand to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<br />4. SECURED DEBT AND FUTURE AnV ANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 09/16/2008
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Inc., St. Cloud, MN Form OCp.REOT.NE 5/10/2005
<br />~ -C465INE) 10506) VMP Mort9a9o Solutions, Inc,
<br />
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