|
�
<br />�
<br />N �
<br />e �
<br />N �
<br />0 —
<br />CO —
<br />� ��
<br />W
<br />�
<br />�
<br />�
<br />�
<br />,,. , ,
<br />A
<br />C
<br />s �
<br />t
<br />°� �
<br />��,•
<br />� �
<br />�
<br />i
<br />a�
<br />D
<br />r
<br />r a
<br />c
<br />� li �.
<br />L I P Ir --,,.
<br />�n
<br />.�,�
<br />o; �
<br />.� �
<br />� a ,.
<br />� `� �
<br />iJ
<br />ut �
<br />f' � J
<br />t'. _
<br />r-•
<br />ti
<br />l":!
<br />----I
<br />t�
<br />L—�
<br />— '3
<br />�
<br />t---�
<br />P, ; .
<br />C �'1
<br />tJ7
<br />� �
<br />o —�
<br />c �
<br />z rn
<br />�
<br />—G p
<br />o �
<br />T ' I
<br />_T. "'
<br />v �I'
<br />r �
<br />r v
<br />cn
<br />�
<br />�
<br />� �
<br />C!�
<br />Cn
<br />N
<br />O
<br />�
<br />i'�
<br />L�
<br />r�
<br />F--'
<br />�
<br />W
<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 />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan AssociaHon of
<br />Grand Island
<br />221 South Locust Street /�
<br />GRAND ISLAND, NE 68801 / O
<br />�.7 '
<br />(Space Above This Line For Re�ording 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 October 22, 2012. The grantor is CAROL J
<br />STAPLES, A SINGLE PERSON, whose address is 3003 COLORADO AVE, GRAND ISLAND, Nebraska
<br />68803-1109 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Equity -
<br />Line of Credit ("Contract"). The obligations of Bortowers who did not sign the Contract are explained further in
<br />the section titled Successors and Assigns Bound; Joint and 5everal Liability; Accommodation Signers. The
<br />trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee").
<br />The beneficiary is Iiome Federal Savings & Loan Association of Grand Island, which is organized and elcisting
<br />under the laws of the United States of America and whose address is 221 South Locust Street, Grand Island,
<br />Nebraska 68801 ("Lender"). CAROL J STAPLES has entered into a Contract with Lender as of October 22,
<br />2012, under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a
<br />*��MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)'��� of Thirty
<br />Thousand and 00/100 Dollars (U.S. $30,000.00) ("Credit Limit"). Any party interested in the details related to
<br />Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not
<br />paid earlier, the sums owing under Borrower's Contract with Lender will be due on November 15, 2017. This
<br />Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including
<br />future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums,
<br />with interest, advanced to protect the security of tlus Security Instrument under the provisions of the section titled
<br />Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the
<br />trust herein created, irrevocably grants and conveys to Trustee, in hust, with power of sale, the following described
<br />property located in the COIJNTY of HALL, State of Nebraska:
<br />AddLess: 3003 COLORADO AVE, GRAND ISLAND, Nebraska 68803-1109
<br />Legal Description: LOT SEVEN ('n, ROSS HEIGATS SECOND SUBDIVION IN HALL COUNTY,
<br />NEBRASKA
<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 properly. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security. Instrument as the
<br />"Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances 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 Lender covenant and agree as follows:
<br />Payment of Principal and Interest; Other Charges. Bonower shal� 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 fmal, non-appealable judicial opinions.
<br />Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines and impositions attributable to the
<br />Properly which may attain priority over this Security Instrument, and leasehold payments or ground rents, if any.
<br />At the request of Lender, Borrower shall promptly furnish to Lender receipts evidencing the payments.
<br />� 2004-2011 Compliance Systems, Inc. 9BAD-$SF2 - 201 I L2.0.485
<br />Concumer Real Estate - Security InsWment DL2036 Pege 1 of 5 ' www.compliavicevystems.com
<br />
|