Laserfiche WebLink
201206275 <br /> .TI7I.Y 21, 2012. The DebT Insfrument states that Borrower owes Lender, or may owe Lender, an amoun[ Lhat <br /> may vary from time to tune up to a maximum principal swn outstanding at any one time of, FIFTY <br /> THOUSAND AND 00/lUOTHS Dollars(U.S. $50 000.00 plus interest.Bonower has promised to pay this debt <br /> in Periodic Payments and to pay fhe debt in full not latez than seven(7)ealendar days after Au2ust 21,2042. <br /> (F) "Propet'ty" meaas the properry that is described below under the heading "Trausfer of Rights in the <br /> Proper[y." <br /> (G) "Loan" means all amounts owed now or hereaiter under the Debt Instrument,including without limitafion <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 Insuu�nent,plus interest. <br /> (I� "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 /> N/A Third Pazty Rider <br /> /� Othex(s) [specify] N/A <br /> (n "Master Form Deed of Trast" means the Master Form Deed of Trust dated Aueust 14, 2007, and <br /> recorded on Seutembcr 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 1N THE PROPEKTY <br /> This Security Inshument secures to Lender. (i)the repayment of the Loan, and all future advances, renewals, <br /> extensions and modificarions of the Debt Instrument, including any fulure advances made at a time when no <br /> indebtedness is currently secured by this Security Insrtumern; and(ii) Yhe performance of Bonower's covenants <br /> and agreements under this Security Instrument and the Debt Instrument Fos this putpose,Borrower irrevocably <br /> grants and conveys to Trustee,in trust,with power of sale, the following described property located in fhe <br /> County of IIall <br /> ['I'ype of Recording Jurisdic6on] [Name of Recording 7urisdiction] <br /> TIIE FOLLOWING DESCRIBED REAL PROPERTY IN HALL COONTY, <br /> NEBRASKA:PRACTIONAL LOT ONE(1),IN FRACTIONAI.BLOCK TRREE(3),IN BONNIE BRA� <br /> ADllITION,AND ITS COMPLEMENT,TO-�VIT: FRACTIONAL LOT ONE (1),IN FRACTiONAL <br /> BLOCK'I'R'�NTY-ONE(21),IN WALLICA'S ADDITiON,BOTH BEING ADDITIONS TO THE Cl'PY <br /> OF GRAND ISLAND,HALL COUNTY,NEBRASKA. <br /> which currently has the address of 1403�'EST 6TH STREET <br /> [Stceet] <br /> GRAND ISLAND ,Nebraska 6R801 ("Property Address"): <br /> [City] [7_ip Codc] <br /> TOGETHER WITH all the improvements now or hereafter erected on Hie properry, and all <br /> easements, appurtenances, and fixtures now or hexeafter a part of the property. All replacemcntti and additions <br /> shall also be covered by this Security Instrvment. All of the foregoing is referred Co in [his Securiry Instrument <br /> as the"Property."The Property shall also include any additional property described in Section 20 of the Master <br /> Form Deod of Trust. <br /> BORROWER COVENANTS that Borrower is lawfully seieed of the estate hereby conveyed and has <br /> NEBRASKA—SHOAT FORM OPEN-END SECi7RITY iNSTRUMENT (page 2 of 4 pages) <br /> HppCWF#l481p4A1p65-79��85Jry2�p02/21/2p0y09�p pp <br /> (IIII�������������M�������I�����������Il����ll���ll������������ll���l���fl ��IIII Docume�sProoesseA07-20-2012,07:46:57 <br />