201401096 - Laserfiche WebLink

Browse

m � � N n� � m"' � �cD m ; � n� � � �m N m o �o � � �O 0 0 � ZD � � �z 0 (A � � N =m � Z � � �� D� 0 � � m� o � r� � � � W° � � C � �o � `.`. z 00 � � � c�a z 0 _ ___ . THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO: Home Federal Savings& Loan Association of Home Federal Savings&Loan Association of Grand Island Grand Island 221 South Locust Street 221 South Locust Street GRAND ISLAND,NE 68801 GRAND ISLAND,NE 68801 (Space Above This Line For Recording Data) LOAN ORIGINATOR NAME: Chris Kaskie NMLS COMPANY IDENTIFIER: 446443 NMLS ORIGINATOR I,DENTIFIER: 494668 DEED OF TRUST (PREAUTHORIZED (OPEN END) CREDIT -FUTURE ADVANCES ARE SECURED BY THIS DEED OF TRUST) THIS DEED OF TRUST (°Security Instrument") is made on February 20, 2014. The b antars are ROBERT D DOBBINS and JENNIFER S DOBBINS, HUSBAND AND WIFE, whose address is 607 PHEASANT PL, GRAND ISLAND, Nebraska 68801-8613 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Home Equity Line of Credit Agreement, dated February 20, 2014 ("Contract"). The obligations of Borrowers who did not sign the Contract are explained further in the section titled Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws of the United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ("Lender"). ROBERT D DOBBINS and JENNIFER S DOBBINS have entered into a Contract with Lender as of February 20,2014, under the terms of which Borrower may,from time to time,obtain advances not to exceed, at any time, a '�x*MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)x** of Eight Thousand and 00/100 Dollars(U.S. $8,000.00)("Credit Limit").Any party interested in the details related to Lender's continuin�obligation to make advances to Borrower is advised to consult directly with Lender. If not paid earlier,the sums owing under Borrower's Contract with Lender will be due on March 15,2019. This Security . Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property;and(c)the performance of Borrower's covenants and agreements under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee,in trust,with power of sale,the following described properly located in the COUNTY of HALL, State of Nebraska: Address: 607 PHEASANT PL, GRAND ISLAND,Nebraska 68801-8613 Legal Description: LOT TWENTY-EIGHT (28), RAVENWOOD SUBDIVISION, HALL COUNTY, NEBRASKA TOGETHER WITH 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 this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." 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 Propertv is unencumbered. excent for encumhrancec �f recnrrl