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<br />...................
<br />
<br />---~ State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST ,2tJ .stJ
<br />(With Future Advance Clause)
<br />D D Construction Security Agreement
<br />Master form recorded by _ _ _ _ _ _ ..
<br />1. DATE AN~ PARTIES. The date of thi~ D~~d~~f-Tru;t- (S~~~~ity-I~;t~~~~~t) i; ~I;:rii- -2-8- - -'2009 - - - - - - -- ~ - - - - - --
<br />and the parties and their addresses are: . - - - - - -,- - - - - - - - - - - - - - - - ~ - - - -
<br />
<br />TRUSTOR: Randall C. Rhodes
<br />Julie L. Rhodes, HUSBAND AND WIFE
<br />623 Swan Lane
<br />Grand Island, NE 68801
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors. their signatures and
<br />acknowledgments.
<br />
<br />TR USTEE:
<br />
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />
<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 />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged and to
<br />secure the Secured Debt (defined bel~w) and Trustor's performance u~der thi~ Security Instrument, Trustor irr~vocably
<br />grants, conveys and sells to Trustee, 10 trust for the benefit of BeneficIary, WIth power of sale, the following described
<br />property:
<br />
<br />LOT FIVE (5), EAGLEWOOD ACRES^IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />SUBDIVISION
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ ~ _ _ _ _ ltaAl_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ at 9~?_ _SJl_a_n_ _~C!.l!~ _ _ _ _ " n_ _ _ _ _ _ __
<br />(County)
<br />_ _ _ _ _ _ _. ___ _ _ _ _ _ _ _ ~ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ , _ _ _ _ _ _ _ J~r;:~I!g_::J::;;!{l.~c;l_ _ _ __ _,_ __ , Nebraska_ _ _ _ _ t;i~~9L _ _ __
<br />(Address) (City) (ZIP Code)
<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 $ ~15J.9_0_0_._0_0_ _ _ _ _ _ ",_"__ _ _ _ _. _. _ _ _ _ _' 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 04/28/2009
<br />
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USEI
<br />o ' 994 Wolters Kluwer Financial Services - Bankers Systems™ Form RE-DT-NE 12/15/2006
<br />VMP @.C165{NE) 107081
<br />
<br />(page 1 of 4)
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