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UJ <br />r-' ;::rJ <br />,- l> <br />U) <br />?' <br />l> <br /> <br />-0 <br />:3 <br /> <br />~ <br />~ <br /> <br />f---' <br />r-v <br />OJ <br /> <br />UJ <br />UJ <br /> <br />'"-"'"-" <br /> <br />200808945 <br /> <br />DEED OF TRUST <br /> <br />o <br />r'V <br />Cl <br />c:> <br />co <br />c:> <br />co <br />(D <br />....c <br />U1 <br /> <br />m <br />~ <br />m <br />:0 <br />IT! <br />o <br />)> <br />en <br />:z <br />en <br />-I <br />:0 <br />C <br />:s: <br />m <br />~ <br />:z <br />o <br /> <br />- <br />CT <br />IJ' <br />PARTIES: This Deed of Trust is made on 10/15/2008 among, the Grantor, PATRICK J DINNEL and PATRICIA M DINNEL, HUSBAND Q <br />AND WIFE ("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 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 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: 4047 LILLIE DR, GRAND ISLAND, Nebraska 68803-4804 <br /> <br />LEGAL DESCRIPTION: <br /> <br />LOT SIX (6), IN SPRINGDALE 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 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 />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 10/15/2008 <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 October 28, 2013 if not paid earlier. <br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $17,059.50, plus <br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of 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 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 />DESIGNA nON 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 />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 rid ,"cdb abav<<' d by Ban-owc<. ~ _ I <br /> <br />- '~A~A'~ ff} Q<//}1,/f1, f- <br />A CIA M DINNEL <br /> <br /> <br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS: <br />The foregoing instrument was acknowledged before me on 10/15/2008 <br />By PATRICK J DINNEL and PATRICIA M DINNEL, HUSBAND AND WIFE <br /> <br />Myoon,,"i,.on cxpi"" ~. 2/1, z=!? ~ 0<- ~ <br /> <br />/Notary Public) <br /> <br /> <br />GENERAl NOTARY. SlIIte of Nebraska <br />CHRIS L KASKIE <br />My Comm. Exp. Dec. 29, 2008 <br />