201402393 - Laserfiche WebLink

Browse

Master form recorded by and the parties and their addresses are: TRUSTOR: Christopher D Bond Nikala S Bond 311 W 11th St Wood River, NE 68883 TRUSTEE: Arend R Baack, Attorney P. 0. Box 790 Grand Island NE 68802 (County) NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) cO 1994 Wolters Kluwer Financial Services - Bankers SystemsTM Form RE -DT -NE 12/15/2008 VMP ® C165(NE) (0708) Wood River BENEFICIARY: Home Federal Savings and Loan Assn of Grand Island 221 South Locust St Grand Island NE 68801 a N W N -.4 CO —4 rn C) 11 ca cn State of Nebraska Space Above This Line For Recording Data DEED OF TRUST (With Future Advance Clause) Construction Security Agreement 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is April 22 , 2014 n If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their acknowledgments. signatures and 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: Lot One (1), Bond Subdivision, in the City of Wood River, Hall County, Nebraska. The property is located in Hall at 1502 N Dodd St , Nebraska 68883 (Address) (City) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property "). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed $ 243,000.00 . This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) (pageg f 4)