|
m
<br /> � � N n� �
<br /> m"' � �cD m
<br /> ; � n� � � �m N m
<br /> O m
<br /> � � O 0
<br /> o z o p r �z O (/�
<br /> rn G�� 0 � DW � �
<br /> O
<br /> �� m �� �
<br /> � mcmi o D rcDi� � C
<br /> � W� � � � �
<br /> O
<br /> �o � `.`. z
<br /> p� � � �
<br /> � Z
<br /> O
<br /> ___ . _
<br /> __ ._ _ __ __ ----- ___
<br /> __ __ __..._ _.
<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 /> LOAN ORIGINATOR NAME: Chris Kaskie
<br /> NMLS COMPANY IDENTIFIER: 446443
<br /> NMLS ORIGINATOR IDENTIFIER: 494668
<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 June 7, 2014. The grantors are ROBERT J
<br /> KENNEDY and CINDY E KENNEDY, HUSBAND AND WIFE, whose address is 2601 W PLATTE
<br /> RIVER DR, Doniphan,Nebraska 68832-9610 ("Borrower"). Borrower is not necessarily the same as the Person
<br /> or Persons who si;n the Home Equity Line of Credit Agreement, dated June 7, 2014 ("Contract"). The
<br /> obligations of Borrowers who did not sign the Contract are explained further in the section titled Successors and
<br /> Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend R. Baack,
<br /> Attorney whose address is P.O. Box 790, Grand Island,Nebraska 68802 ("Trustee"). The beneficiary is Home
<br /> Federal Savings & Loan Association of Grand tsland, which is organized and existing under the laws of the
<br /> United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br /> ("Lender"). ROBERT J KENNEDY and CINDY E KENNEDY have entered into a Contract with Lender as of
<br /> June 7, 2014, under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any
<br /> time, a "rxMAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)xxx of Fifty
<br /> Thousand and 00/100 Dollars (U.S. $50,000.00) ("Credit Limit"). Any party interested in the details related to
<br /> Lender's continuing obligation to mal<e 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 June I5, 2019. This Security
<br /> Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including future
<br /> advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with
<br /> interest, advanced to protect the security of this 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. Far this purpose, Borrower, in consideration of the debt and the
<br /> trust herein created, irrevocably grants and conveys to Trustee, in trust,with power of sale,the following described
<br /> property located in the COUNTY of HALL, State of Nebraska:
<br /> Address: 2601 W PLATTE RIVER DR, Doniphan,Nebraska 68832-9610
<br /> Legal Description: LOT ONE (1), ACE IN THE HOLE SECOND SUBDIVISION, 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 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 Properiy 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 /> �O 2004-2013 Compliance Systems,Inc.9F96-1 176-?01;I,2.0.7�1
<br /> Consumer Real Estate-Security Instrument DL2036 Page I of 5 www.compliancesystems.com
<br />
|