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<br />RETURN TO
<br />DRI Title & Escrow f?er €:Nil',
<br />__-'2720 I Stree~ Suite 100
<br />Omaha, Nt 68137
<br />WHI!N Ae('O~~I!f} MAIL TO+-
<br />
<br />St.,. r ...1111 DanK. 1"".:)..,-:-
<br />
<br />,tf1..00
<br />
<br />P-O lie" ilUit
<br />P."~r'~R IJ'.'I 57385.838'
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />~{;J
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $10,000.00.
<br />
<br />THIS DEED OF TRUST is dated April 22, 2009, among STEPHEN W MCCARTHY and THERESA J MCCARTHY;
<br />as Husband and Wife ("Trustor"); State Farm Bank, F.S.B., whose address is Bank Loan Center, One State
<br />Farm Plaza, Bloomington, IL 61710 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and State Farm Bank, F.S.S" whose address is PO Box 2328, Bloomington, IL 61702 (referred
<br />to below as "Trustee").
<br />
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relatinll to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br />County, State of Nebraska:
<br />
<br />THE FOLLOWING DESCRIBED REAL ESTATE (AS DEFINED IN NEB. REV. STAT. 76-201):
<br />
<br />A TRACT OF LAND LOCATED PARTLY IN BLOCK ONE (1) OF PARKHILL SUBDIVISION AND PARTLY IN
<br />BLOCK EIGHT (8) OF ASHTON PLACE, BOTH BEING ADDITIONS TO THE CITY OF GRAND ISLAND,
<br />NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />
<br />COMMENCING AT THE SOUTHEAST CORNER OF LOT TWENTY (20) IN BLOCK ONE (1) OF SAID
<br />PARKHILL SUBDIVISION, RUNNING THENCE WESTERLY ALONG AND UPON THE SOUTHERLY LINE OF
<br />SAID BLOCK ONE (1), A DISTANCE OF EIGHTY (80) FEET, RUNNING THENCE NORTHERLY AND
<br />PARALLEL WITH THE WESTERLY BOUNDARY LINE OF ARTHUR STREET, A DISTANCE OF FIFTY-TWO
<br />(52) FEET, RUNNING THENCE EASTERLY AND PARALLEL TO THE SOUTHERLY LINE OF SAID BLOCK
<br />ONE (1L A DISTANCE OF EIGHTY (80) FEET TO THE EASTERLY BOUNDARY LINE OF BLOCK EIGHT (8),
<br />IN ASHTON PLACE, RUNNING THENCE SOUTHERLY A DISTANCE OF FIFTY-TWO (52) FEET TO THE
<br />PLACE OF BEGINNING, AND BEING A TRACT 52 FEET FRONTING ON THE WESTERLY SIDE OF ARTHUR
<br />STREET AND 80 FEET FRONTING ON THE NORTHERLY SIDE OF JOHN STREET.
<br />
<br />SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENT, COVENANTS, OIL, GAS OR MINERAL
<br />RIGHTS OF RECORD, IF ANY.
<br />
<br />The Real Property or its address is commonly known as 2404 W JOHN ST, GRAND ISLAND, NE 68803. The
<br />Real Property tax identification number is 400073234.
<br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving line of credit, which
<br />obligates lender to make advances to Trustor so long as Trustor complies with all the terms of the Credit Agreement. Such advances may
<br />be made, repaid, and remade from time to time, subject to the limitation that the total outstanding balance owing at anyone time, not
<br />including finance charges on such balance at a fixed or variable rate or sum as provided in the Credit Agreement, any temporary overages,
<br />other charges, and any amounts expended or advanced as provided in either the Indebtedness paragraph or this paragraph, shall not
<br />exceed the Credit Limit liS provided in the Credit Agreement. It is the intention of Trustor and Lender that this Deed of Trust secures the
<br />balance outstanding under the Credit Agreement from time to time from lero up to the Credit Limit as provided in the Credit Agreement
<br />
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