|
�
<br />�
<br />N �
<br />A
<br />�
<br />N �
<br />� �
<br />� �
<br />� �
<br />�
<br />�
<br />e�99
<br />�
<br />���
<br />���
<br />� �
<br />THIS INSTRUMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801
<br />� ��
<br />��
<br />i
<br />i
<br />�
<br />�.
<br />�-:.
<br />� :�
<br />s� ti
<br />A
<br />r !'
<br />r �� „ c =
<br />c `�° �
<br />� ~
<br />rrs �`�� CO
<br />�_� �.
<br />� �
<br />-- y
<br />+ +1 `-..�
<br />�
<br />�
<br />-, , . �-..+
<br />c�
<br />r� �,
<br />n' r -...
<br />C
<br />� � �
<br />� N
<br />Q -a
<br />C b
<br />Z —1
<br />—� m
<br />� p
<br />o �
<br />� z
<br />�" � ry
<br />A co
<br />r �
<br />r n.
<br />�
<br />.� �
<br />N
<br />�
<br />N
<br />O
<br />F--�
<br />� �
<br />C� �
<br />s � CL7
<br />� �
<br />�
<br />�
<br />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801 D o
<br />�G �
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRU5T)
<br />THIS DEED OF TRUST ("Security Instrument") is made on June 11, 2012. The grantor is NORMA J
<br />PERI�NS-BAILEY, A SINGLE PER50N, whose address is 810 E SiJNSET AVE, GRAND ISLAND,
<br />Nebraslca 68801 ("Borrower"). Bonower is not necessarily the same as the Person or Persons who sign the
<br />Equity - Line of Credit ("Contract"). The obligations of Borrowers who did not sign the Contract are explained
<br />further in the section titled Successors and Assigns Bound; Joint and Several Liability; Accommodatlon
<br />Signers. The trustee is Arend R Baack, Attorney whose address is P.O. Boz 790, Grand Island, Nebraska
<br />68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand Island, which is
<br />organized and existing under the laws of the United States of America and whose address is 221 South Locust
<br />5treet, Grand Island, Nebraska 68801("Lender"). NORMA J PERKINS-BAII.EY has entered into a Contract
<br />with Lender as of June 11, 2012, under the terms of which Borrower may, from time to time, obtain advances not
<br />to exceed, at any time, a***MAXI1ViUM PRINCIPAL AMOiJNT (EXCLUDING PROTECTIVE
<br />ADVANCES)*�* of Forty-five Thousand and 00/100 Dollars (LT.S. $45,000.00) ("Credit I.imit"}. Any pariy
<br />interested in the details related to Lender's continuing obligation to make advances to Borrower is advised to
<br />consult directly with Lender. If not paid earlier, the sums owing under Bonower's Contract with Lender will be
<br />due on June 15, 2017. This Security Instcvment secures to Lender: (a) the repayment of the debt under the
<br />Contract, with interest, including future advances, and all renewals, extensions and modifications of the Contract;
<br />(b) the payment of all other sums, with interest, advanced to protect the security of this Security Iastrwnent under
<br />the provisions of the section titled Protection of Lender's Rights in the Property; aud (c) the performance of
<br />Borrower's covenants and agreements under this Security Instrument and the Contract. For tbis purpose, Borrower,
<br />in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 810 E SUNSET AVE, GRAND ISLAND, Nebraska 68801
<br />Legal Description: ALL OF LOT TWO (2) AND THE WEST 7.4 FEET OF LOT THREE (3),
<br />BLOCK ONE (1) PLEASANT VIEW 7TH SUBDIVISION TO THE CTTY OF GR.AND ISLAND
<br />,HALL COUNTY, NEBRASKA
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, Rnd all easements,
<br />appurtenances, and fiactures now or hereafter a part of the property. All replacements and additious shall also be
<br />covered by this Security InstYUment. All of the foregoing is referred to in this Security Iustrul�lellt as the
<br />"Property."
<br />BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed aud l�s the right to
<br />grant and convey the Property and that the Property is unencumbered, except for encutnbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br />any encumbrances of record.
<br />Borrower and I,ender covenant and agree as follows:
<br />Payment of Principal and Interest; Other Charges. Borrower shall promptly pay when due the principal of and
<br />interest on the debt owed under the Contract and late charges or any other fees and charges due under the Contract.
<br />Applicable Law. As used in this Security Instrument, the term "Applicable Law" shall mean all controlling
<br />applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have
<br />the effect of law) as well as all applicable fina,l, non-appealable judicial opinions.
<br />O 2004-2011 Compliaace Systema, luc. 9BAD-304E - 2011 L2.0.485
<br />Consumer Real Estate - Security Iffitrument DL2036 Page 1 of 5 www.complienceayste�na.com
<br />
|