|
m
<br /> 0 co
<br /> ■
<br /> m"' o OcD m
<br /> nH 73 co 31 m N) m
<br /> co o �o � Z-n� m D 73 O
<br /> Z
<br /> 00 O
<br /> ■
<br /> moo ! r� -P c
<br /> ■
<br /> 0 o N CO Z
<br /> O CO
<br /> CO Z
<br /> O
<br /> THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO:
<br /> Home Federal Savings&Loan Association of Home Federal Savings& Loan Association of
<br /> Grand Island Grand Island
<br /> 221 South Locust Street 221 South Locust Street
<br /> GRAND ISLAND,NE 68801 GRAND ISLAND, NE 68801
<br /> (Space Above This Line For Recording Data)
<br /> NMLS COMPANY IDENTIFIER: 446443
<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 November 5, 2013. The grantors are CHARLES
<br /> E BRONSON and BRENDA M BRONSON, also known as BRENDA BRONSON, HUSBAND AND WIFE,
<br /> whose address is 860 W GILTNER RD, Doniphan, Nebraska 68832-9407 ("Borrower"). Borrower is not
<br /> necessarily the same as the Person or Persons who sign the Home Equity Line of Credit Agreement, dated
<br /> November 5,2013 ("Contract"). The obligations of Borrowers who did not sign the Contract are explained further
<br /> in the section titled Successors and Assigns Bound;Joint and Several Liability; Accommodation Signers. The
<br /> trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802
<br /> ("Trustee"). The beneficiary is Home Federal Savings& Loan Association of Grand Island,which is organized
<br /> and existing under the laws of the United States of America and whose address is 221 South Locust Street,
<br /> Grand Island, Nebraska 68801 ("Lender"). CHARLES E BRONSON and BRENDA M BRONSON have
<br /> entered into a Contract with Lender as of November 5, 2013, under the terms of which Borrower may, from time
<br /> to time, obtain advances not to exceed, at any time, a***MAXIMUM PRINCIPAL AMOUNT(EXCLUDING
<br /> PROTECTIVE ADVANCES)*** of Thirty-two Thousand and 00/100 Dollars (U.S. $32,000.00) ("Credit
<br /> Limit").Any party interested in the details related to Lender's continuing obligation to make advances to Borrower
<br /> is advised to consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with
<br /> Lender will be due on November 15, 2018. This Security Instrument secures to Lender: (a) the repayment of the
<br /> debt under the Contract,with interest, including future advances, and all renewals, extensions and modifications of
<br /> the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security
<br /> Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the
<br /> performance of Borrower's covenants and agreements under this Security Instrument and the Contract. For this
<br /> purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br /> Trustee, in trust,with power of sale,the following described property located in the COUNTY of HALL, State of
<br /> Nebraska:
<br /> Address: 860 W GILTNER RD, Doniphan,Nebraska 68832-9407
<br /> Legal Description: LOT ONE(1),BRONSON SUBDIVISION, HALL COUNTY,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 property. 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. 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 final,non-appealable judicial opinions.
<br /> ©2004-2012 Compliance Systems,Inc.CECA-FDFA-2011L2 10.600
<br /> Consumer Real Estate-Security Instrument DL2036 Page 1 of 5 www compliancesystems corn
<br />
|