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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Master form recorded by _ _ _ _ _ = _ ~~~~t~~~~~~ ~~~r~t:_ Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security In;t~~ent) i; ~p~~l- -0.7,- -i009 - --
<br />and the parties and their addresses are: - - - - - - - - - - - - -
<br />
<br />TRUSTOR: Thomas E. Towne
<br />Tami S. Towne, Husband and Wife
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />Arend R. Baack, Attorney
<br />P. O. Box 790.
<br />Grand Island, NE 6880.2
<br />
<br />BENEFICIAR Y:
<br />
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 6880.1
<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 (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 />
<br />LOT EIGHT (8), BLOCK THREE (3), SUMMERFIELD ESTATES FOURTH SUBDIVISION, IN THE CITY
<br />
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ JtaAl_ _ _ _ _ _ _ _ _ __ _ _ _ _ _ at ~~.9jl_ ~e_~4.~\! J~4 _ _ _ _ _ .
<br />(County)
<br />.. .. .__ J~~am:L!~!@.~9._ _ _ _ _ _ _ _ _ , Nebraska _ _ _ _ _ ~~~Q~ _ _ _ __
<br />(City) (ZIP Code)
<br />
<br />(Address)
<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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ ~.9.9J_OQ(t._Q_Q_ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _' This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<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 described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 0.4/0.7/20.0.9
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />01994 Wolters Kluwor Financial Servlcos, Bankers Systems™ Fo,m RE-DT-NE 12/15/2006
<br />VMP@-C166(NEII07081
<br />
<br />~.(page !f'41
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