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<br />- Space Above This Lhle For Recordlng Data
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Secul'ity Agreement
<br />D Master form recorded by u_ _ _ _ _ _ _ _ _ .... _ _ _ _ _ _ _ ___ _ .. _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is P_~Q~mp~~ _ Q~, _-?99~_
<br />The parties and their addresses are:
<br />
<br />TRUSTOR: PATRICK F DOwn and SUZANNE DOwn, HUSBAND AND WIFE
<br />
<br />2516 CO~~~RCE A\~
<br />GRAND ISLAND, NE 68801-7325
<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 />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organi~ed 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 Truswr's pel'[offi1ance under this Security Instrwnent, 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 />LOTS TWENTY-TWO (22) AND TWENTY-FOUR (24), BOTH IN BLOCK "C" IN PARK VIEW
<br />SUBDIVISION LOCATED IN THE NORTHWEST QUARTER (NW1/4) OF SECTION EIGHT (8),
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9), WEST OF THE 6TH P.M., IN HALL COUNTY,
<br />NEBRASKA.
<br />
<br />The property is located in _ _ _ _ ._ _ __ _ _ _ __ _ ",__ _ _lJ~g
<br />(County)
<br />- - - - -- -- - - - -- -- - - - - -- - - - - - -"_ _ _ _ _ __ , _ _ _ _ _ __ _q~. :j:!?~__ _ _ __ . _ _ _ _ , Nebraska _ ~_8"80_1_-})_2_~
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances, royalries, mineral rights, oil aHJ gas rights, all water and ripilrian
<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 ~?)._6_ .5:9.NMEJ~G.~ _~y:E;_ _ _ __
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $ _2_ Q ,J:)Q Q '- Q 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 debtM.)
<br />A Line of Credit Agreement dated 12/02/2008
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Ex:{5ere.@ 0 1994 6.nkars Systems, Inc" St. Cloud, MN Form OCP-REDT.NE 5/10/2005
<br />~ -C465(NE) (0506) VMP Mortg.ga Solutions, Inc.
<br />
<br />C-08-12-01-000005
<br />. (pag~~ 4)(f)
<br />~V~
<br />
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