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<br />200808421
<br />
<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />,,(~ .50
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by _ __ _ __ __ __ __ __ _ _
<br />1. DATE AND PARTIES. The date of this Deed ofTru~t (seCurity inst~~~i) -i; -i~p.~~~~;-_-:!-"iL-_-i99~_-_-_-.-~ - - --
<br />The parties and their addresses are:
<br />
<br />TRUSTOR:JAMES SCOTT ZANA, TRUSTEE OF THE JAMES SCOTT ZANA REVOCABLE TRUST AND
<br />REBA GAIL STAFFORD ZANA, SPOUSE OF JAMES SCOTT ZANA
<br />209 LAKESIDE DRIVE, GRAND, NE 68801
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments,
<br />TRUSTEE:
<br />
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<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 />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (deflned-below)-and Trustor',s.perfonnance 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 />LOT NINE (9), HIDDEN LAKES SUBDIVISION NUMBER FOUR, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in _ _ _ __ _. _ _ _ _ _ _ _ _ _ _1J@.!.k _ _. _.
<br />(County)
<br />__ _, _. __ __ _. _.. _ __ __ _ _~ __ __ __ _ __ __ __ _ _ __ __ __ __G::r;:<!l!cL~~!~~~__ __ _ __ __ , Nebraska __ __ ~~~9! ____
<br />(Address) (City) (ZIP Code)
<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 ~.9~_ J..~NtS_IJ~_l!l J~I!l;yJj: _ _ _ _ _ _ __
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $]_Q.,J~_Q.Q,..l~Q __ __ __ __ __ __ __ _ _ _ _' This limitation of amount does not include interest and other
<br />fees and charges 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 security and to perform any of the covenants -
<br />contained in this Security Instrument.
<br />
<br />4. SECURED DEBT AND FUTURE ADVANCES. 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 09/17/2008
<br />
<br />c-08-09-16-000085
<br />(page 1 of 4)
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />
<br />~ 0 1994 Bankers Systems, Inc., 51. Cloud. MN Form OCP-REDT-NE 611012005
<br />Gl-C465(NEI (0606) VMP Mortgage Solutions, Ino.
<br />
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