|
�-
<br />-
<br />��
<br />��
<br />A ��
<br />� �
<br />�
<br />v �
<br />� -
<br />� �
<br />Cn �
<br />�
<br />�
<br />�
<br />�
<br />��
<br />�
<br />�l�b
<br />C
<br />� �i
<br />A��'
<br />� �
<br />(- .:l
<br />C.:�
<br />��!
<br />a '�
<br />1� t� D -;-�
<br />� � r- �= �__
<br />� �
<br />� � �`� �
<br />r� .
<br />�� ,r
<br />� � � �
<br />� � �
<br />� �� r �.'
<br />i :- �I ` �'',� CL�
<br />� 6� f � `' fv
<br />� � +` 1:
<br />� S y-
<br />n �
<br />o --�
<br />C D
<br />Z -i
<br />� rn
<br />� o
<br />o �
<br />T ' ---
<br />� fT�
<br />D cn
<br />r �
<br />r n
<br />�
<br />�
<br />� �
<br />cn
<br />cn
<br />N
<br />0
<br />�
<br />iV
<br />�
<br />��
<br />E---�
<br />�
<br />�
<br />THIS INSTRUMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />ZZ1 South Locust Street
<br />GRAND ISLAND, NE 68801
<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
<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 TRUST)
<br />THIS DEED OF TRUST ("Security Instrument") is made on August 20, 2012. The grantor is CAROL A
<br />SAGEHORN, A SINGLE PERSON, whose address is 1119 PLEASANT VIEW DR, �RAND ISLAND,
<br />Nebraska 68801-8080 ("Bonower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Equity - Line of Credit ("Contract"). The obligations of Bonowers who did not sign the Contract aze explained
<br />fiuther in the section titled Successors and Assigns Bound; Joint and Several Liabiltty; Accommodation
<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 />Street, Grand Island, Nebraska 68801 ("Lender"). CAROL A 5AGEHORN has entered into a Contract with
<br />Lender as of August 20, 2012, under the terms of which Bonower may, from time to time, obtain advances not to
<br />exceed, at any time, a'���'MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE
<br />ADVANCES)�*� of Two Hundred Seven Thousand Three Hundred Forty and 07/100 Dollars (U.S.
<br />$207,340.07) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make
<br />advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under
<br />Borrower's Contract with Lender will be due on September 15, 2017. This Security Instrument secures to Lender:
<br />(a) the repayment of the debt under the Contract, with interest, including future advances, and all renewals,
<br />extensions and modifications of the Contract; (b) the payment of all other sums, with interest, advanced to protect
<br />the security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in
<br />the Property; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and
<br />the Contract. For this purpose, Borrower, in consideration of the debt and the trust hereia created, irrevocably
<br />grants and conveys to Trustee, in trust, with power of sale, the following described property located in the
<br />COUNTY of HAI.L, State of Nebraska:
<br />Address: 1119 PLEASANT VIEW DR, GRAND ISLAND, Nebraska 68801-8080
<br />Legal Description: LOT EIGHT (8) BLOCK TWO (2). PLEASANT VIEW TWELFTH
<br />SUBDIVI5ION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NE
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this �ecurity Instrument as the
<br />"Property.°
<br />BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Properiy is unencumbered, except for encum6rances of record.
<br />Bonower 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 Lender covenant and agree as follows:
<br />Payment of Principal and Interest; Other Charges. Bonower 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 chazges due under the Contract.
<br />Applicable Law. As used in this Security Insttument, the term "Applicable Law" shall mean all controlling
<br />applicable federal, state and local statutes, regulations, ordinances aud administrative rules and orders (that have
<br />the effect of law) as well as all applicable fmal, non-appealable judicial opinions.
<br />� 2004-2011 Complimce Systems, Inc. 9BAD�#9C2 - 2011 L2.0.485
<br />Conauma Rwl Es[ate - Security Instrum�t DL2036 Page 1 of 4 www.compliancesystems.com
<br />
|