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<br />DEED OF TRUST ~~, t0
<br />PARTIES: This Deed of Trust is made on September 10, 2009 among the Grantor, Craig R Vincent, Trustee AND
<br />Denise M Vincent, Trustee ("Borrower"), AREND R BAACK, ATTORNEY, whose residence address is P. O.
<br />Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the Beneficiary, HOME FEDERAL SAVINGS
<br />AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the laws of
<br />NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 6$801
<br />("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 al] 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: 136 Ponderosa Dr, Grand Island, NE 68803
<br />LEGAI. DESCRIPTION:
<br />Lot Four (4), Block One (I), in Ponderosa Lake Estates Third Subdivision, in 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 />_ .. ._ . _ _
<br />A PROMISSORY NOTE AND SECURITY AGREEMENT DATED December I7, 2008.
<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 October OI, 2024, 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 $3,523.38, 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: None
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i[~ttached 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 />SIGNATURES: I3y si ~ g belo orrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in any rider es i e s' d by Borrower.
<br />~E ~_ -.h c.F-f
<br />C aig R n en stee Denise 1VI Vincent, Trustee
<br />JiL,c~-~-~ ~VK C..2 .~
<br />Crais= ince Denise M Vincent
<br />ACKNOWLEDGMENT: STATE OF NF.,BRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me ou September 10, 2009
<br />By Craig R Vincent, Settlor and Trustee of the Craig R Vincent Living .evocable Trust dated May 4, 2009, and Denise M Vincent, as
<br />Settlor and Trustee of the Denise M Vincent Living Revocable Trust dated May 4, 2009 an Cr 'g R Vincent and Denise M Vincent, Husband
<br />and Wife. 9
<br />My commission expires: ~~-;S~eotNebfask~ - ~j~~
<br />(~' Gl: ~ "~- -" ~ Notar Public
<br />I MINDY glt„g~RT50 Y )
<br />My Comm. Exp. May 16, 2012
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