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<br /> DEED OF TRUST d
<br /> PARTIES: This Deed of Trust is made on 04/13/2009 among, the Grantor, VAN WIE REAL ESTATE, LTD. A NEBRASKA LIMITED
<br /> PARTNERSHIP,A E VAN WIE, GENE'RaL PARTNER & CONNIE J VAN WIE, GENERAL PARTNER (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 ASSOCIA'T'ION 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: 2203 W FAIDLEY AVE, GRAND ISLAND, Nebraska 68803
<br /> LEGAL DESCRIPTION:
<br /> ALL OF LOTS ONE (1) AND TWO (2), AND ALL OF LOT THREE (3), EXCEPT THE SOUTH SEVENTEEN FEET (SIT) THEREOF, ALL
<br /> IN BELMONT ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> Located in Hall County, Nebraska.
<br /> TITLE: Borrower convenants and warrants title to the property, except for
<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 /> ® A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/13/2009 -
<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 /> ❑ 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 /> The above obligation is due and payable on April 15, 2017 if not paid earlier.
<br /> The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of $40,078.50, 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 /> ❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br /> ❑ 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 /> RIDERS: ASSIGNMENT OF RENTS
<br /> DESIGNATION OF HOMESTEAD
<br /> Pursuant to the Farm Homestead Protection Act, designation of homestead iUttached to this deed of trust and made a part hereof has
<br /> ❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br /> SIGNA'T'URES: 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 riders described above signed by Borrower.
<br />
<br /> A E VAN WIE, GENERAL PARTNER CONNIE J V IE, GENERAL PARTNER
<br />
<br />
<br />
<br /> ACKNOWLEDGMENT: STATE OF NEB SKA, HALL COUNTY SS:
<br /> The foregoing instrument was ac o edged before me on 04/13/2009
<br /> By VAN WIE REAL EST AT , T . A N BRAS LIMITED PARTN RSH BY A E VAN WIE, GENERAL PARTNER
<br /> AND CONNIE J VAN E GEi~ E r" PAR
<br /> My commission expir /
<br /> Notary Public)
<br /> I'll 1,7z, GENERAL NOTkRy. - State of Nebraska FFI
<br /> -RIKSEN MEC,AN D,
<br /> My comm. F p, Anl 6, 2010
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