|
m
<br /> � � N � �
<br /> mm o D m
<br /> �'o � n� ��cn nm N m
<br /> u, �o m � �� p 0
<br /> � � �c� Q � Z �z Ul �
<br /> �' z D �' o �m � z
<br /> � �� � � �� � �
<br /> � fmTl cmi 0 � D� c3� c
<br /> w•ZOl � � r� �
<br /> �� 0 �� z
<br /> O� O � �
<br /> � 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 /> LOAN ORIGINATOR COMPANY NAME:Home Federal Savings&Loan Association of Grand Island
<br /> NMLS COMPANY IDENTIFIER: 446443
<br /> LOAN ORIGINATOR NAME: Chris Kaskie
<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 December 18, 2014. The grantors are DONALD
<br /> G SCHWEITZER and KATHY S SCHWEITZER, HUSBAND AND WIFE, whose address is 14100 W
<br /> CHAPMAN RD,Cairo,Nebraska 68824-9728("Borrower").Borrower is not necessarily the same as the Person
<br /> or Persons who sign the Home Equity Line of Credit Agreement, dated December 18, 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 Island, 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"). DONALD G SCHWEITZER and KATHY S SCHWEITZER have entered into a Contract with
<br /> Lender as of December 18,2014,under the terms of which Borrower may, from time to time, obtain advances not
<br /> to exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE
<br /> ADVANCES)*** of Thirty-one Thousand Five Hundred and 00/100 Doilars (U.S. $31,500.00) ("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 January 15, 2020. 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: 14100 W CHAPMAN RD,Cairo,Nebraska 68824-9728
<br /> Legal Description:LOT ONE(1),DKS 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 /> �2004-2014 Compliance Systems,Inc.4958-6A22-2013L2.3.1.803
<br /> Consumer Real Estate-Security Instrument DL2036 Page 1 of 5 www.compliancesystems.com
<br />
|