Laserfiche WebLink
201204079 <br />MAY 10, 2012. The Debt Instrument states that Borrower owes Lender, or may owe Lender, an amount that <br />may vary from time to time up to a maximum principal sum outstanding at any one time of, SIXTY <br />THOUSAND AND 001100THS Dollars (U.S. $60,000.00) plus interest. Borrower has promised to pay this debt <br />in Periodic Payments and to pay the debt in full not later than seven (7) calendar days after June 10, 2042. <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means all amounts owed now or hereafter under the Debt Instrument, including without limitation <br />principal, interest, any prepayment charges, late charges and other fees and charges due under the Debt <br />Instrument, and also all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />® Leasehold Rider <br />Third Party Rider <br />/A Other(s) [specify] <br />N/A <br />(1) "Master Form Deed of Trust" means the Master Form Deed of Trust dated August 14, 2007, and <br />recorded on September 19, 2007, as Instrument No. 0200708091 in Book n/a at Page n/a in the Office of the <br />Register of Deeds of Hall County, State of Nebraska. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all future advances, renewals, <br />extensions and modifications of the Debt Instrument, including any future advances made at a time when no <br />indebtedness is currently secured by this Security Instrument; and (ii) the performance of Borrower's covenants <br />and agreements under this Security Instrument and the Debt Instrument. For this purpose, Borrower irrevocably <br />grants and conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of Hall <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction) <br />THE FOLLOWING DESCRIBED REAL ESTATE, SITUATED IN HALT, COUNTY, NEBRASKA:LOT <br />9, BLOCK 1, MEVES FIRST ADDITION, GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />which currently has the address of 623 EAST MEVES AVENUE <br />[Street] <br />GRAND ISLAND Nebraska 68801 ("Property Address"): <br />[City] [Zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions <br />shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument <br />as the "Property." The Property shall also include any additional property described in Section 20 of the Master <br />Form Deed of Trust. <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of <br />record as of the execution date of this Security Instrument. Borrower warrants and will defend generally the title <br />to the Property against all claims and demands, subject to any encumbrances of record. <br />NEBRASKA— SHORT FORM OPEN-END SECURITY INSTRUMENT (page 2 of4p ages) <br />H ICIII Wppp�F# 4I8I^^14ryry-p9pY11g6��55g�--p7®®98ee5pvp2pp I0I2p/ I/22009W)pp <br />�uIIIIR'II' NI�N�IIIIIIIIIRIII AIIN'IIIII II�� tlIII��IIH'Itl l lllll9Nl�i Documents Processed 05-09-2012, 06:24:38 <br />