201206517 - Laserfiche WebLink

Browse

201206517 .it77�Y 28. 2012. 'Phe Debt In.titrument states that Borrower owes Lender; or may owe Lender, an amount that may vary from time to time up to a maximum principal sum outstanding at any one time of, FIFTY TIIOtiSAND AND 00/100THS Dollars(U.S. $50 0, pp•00)plus interest. Borrower has promised to pay this debt in Periodic Payments and to pay the debt in full noi later than seven(7)calendar days after Au¢ust 28,2042. (F� "PrOperty" means the properry that is described helow under the heading "Transfer of Rights in the Property.,, (G) "Loan"meaus all amounts owed now ar hereafter undei the Debt Inahvment,including without limitation pnncipal, intcrest, any prepayment charges, late charges and other fees and charges due under the Debt Instrument,and alao atl sums due under this Security InsU�ument,plus interest. (� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower[check box as applicable]: /A l,easehold Rider � ThirdPartyRider /� Other(s) [specify] 1�/A (l) "Master Form Deed of Trust" means the Master Form Deed of Tmst dated Aueust 14, 2007, and recorded on Seutember 19, 2007, as Inshument No. 0200708091 in Book n/a at Page n/a in the Office of the Register of Deeds of Hall County, State of Nebraska. TRANSFF,R OF RIGHTS IN THE PROPERTY This Security Instrument secures to L,endcr. (i) ffie repayment of the Loan, and all.future advanccs, renewals, elctensions and modifications of the Deht Instrument, including any future advances made at a time when no indebtedness is currently secured by this Security Instrument; and (ii) the perfonnazice of Borrower's covenants and agrcements under this Security Instntment and the Debt Insintment. For tlus purpose,Borrower irrevocably grants and conveys to Trustee,in trust,with power of sale, the following described property located in the County of Hall [Type of Recording Jurisdic6on] [Name of Recording JurisdiclionJ TIiE FOLLOVVING DF.SCRIBED PROPERTY LOCATF.D IN THE PUBLIC RECORDS OF HAI,L COUNTY:I.OT TWO(2),IN ADAMS WAY SUBDIVISION IN THE CTTY OF GRAND ISLAND, FIAI.L COUNTY,NEBRASKA. whieh currently has the address of 4059 CANNON ROAD [Street] GRAND I5LA\TD ,Nebraska 68803 ("Property Address"): [City] [Zip Code] TOGETHER \�1�ITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by tlris Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." The Property shall also include any additional property described in Section 20 of the Master Form Deed of Trnst. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record as of the execution date of tlns Securiry InshwnenG Bonow�wanants and will def'end generally the ritle NEBRASKA-SHORT FORM OPEN-END SECI7RIT\'INSTRUMElVT (page 2 of4 pages) H�pCWF#p4 81 491 65-7�9p8 5vry2 022ll2p009 ��I��q��IN��tl�I��A�� DocuuiwCs Proccsscd 07-26-2072,13:45:74