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<br />200808501
<br />
<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />;:Z/. Ob
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />D Master form recorded by " " _., _ _ _ . ., __ _ _ _ .. __ __ _ __ __ __ __ _ _ __ _, __ __.. __ _ . _.. _.,. .
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep,1;,ElIJ!klElJ;: .,:?~ L. :?99~_ _ _ _ __ _ _
<br />The parties and their addresses are:
<br />
<br />TRUSTOR:MICHAEL E COCHRAN, HUSBAND AND WIFE and JANET A COCHRAN, HUSBAND AND WIFE
<br />
<br />319 DODGE ST
<br />GRAND ISLAND, NE 68801-7911
<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 performance 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 EAST SIXTEEN AND FIVE TENTHS (16.5) FEET OF LOT TWENTY-EIGHT (28) AND THE WEST
<br />THIRTY-TWO AND FIVE TENTHS (32.5) FEET OF LOT TWENTY-NINE (29) IN BUENAVISTA
<br />SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />at 319 DODGE ST
<br />-----.-----------------------
<br />
<br />3. MAXIMUM OBLIGATION LIMIT, The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $ _2_Q,_QQQ '- QQ. _ _ _ _ _ __ _.' 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 Lin& of Credit Agreement dated 09/26/2008
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI
<br />~ 0 1994 Bankers Sys,ems, Inc., St. Cloud, MN Form OCP-REDT-NE 6/10/2005
<br />~ -C465(NEI (05061 VMP MortQaQe SOlutions, Inc,
<br />
<br />C-08-09-11-000060
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