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~~ yv n ~ <br />~ ~ ~ ~„ m <br /> ~ ~ <br />~~ n <br />~ ~ <br />~ ~_ ~ '`~ a m <br />~ ~• n ~ ~ rv ca -~+ '~ a <br /> <br /> <br /> <br /> <br /> <br /> <br /> w cn o <br />,,.~~ v, z <br />~, v <br />-- a~sd <br />State of Nebraska Space Above 11ils Line For Recording Data <br /> REAL ESTATE DEED OF TRUST <br /> (With 1~ture Advauce Clause) <br /> 0 Construction Security Agreement <br />0 Master form recorded by <br />- <br />_ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) <br />is April _17 ~ _2009_ _ _ _ _ _ _ _ _ _ _ _ <br />, <br />The parties and their addresses are: <br />TRUSTOR:THOMAS M GONLON, HUSBAND AND WIFE and FAYE L CONLON, HUSBAND AND WIFE <br />819 S STUHR RD <br />GRAND ISLAND, NE 68801 <br />^ 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, NB 6$$02 <br />BENEFICIARY: <br />Home Federal Savings and Loan Association of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <br />Organized and Existing Undex 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 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 />SEE ATTACHED EXHIBIT "A" <br />Theprapertyislocatedin _________________Hall_________________.at 819 S STUHR RD <br />--------------------------- <br />(County) <br />---------------------------------- > --------G~a~d_isi~,d--_------ ,Nebraska ----68801 ____ <br />(Address) (City) (ZIP Code) <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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $ 15, 000.00 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. 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 />4. SECURED DEBT AND la [TTURE 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 debt(s).) <br />A Line of Credit Agreement dated 04/17/2009 <br />C-09-04-17-000092 <br />NEBRASKA - HQME EQUITY NINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA L15E) (page f of 4J <br />/~~i co 1994 Bankers Systems, Inc., 5t. Cloud, MN Form OCP-REDT-NE 5 /1 012 0 0 5 <br />-C46SINE) laeos) VMP Mortgage Solutions, Inc. <br />