Laserfiche WebLink
Heritage Bank <br />1101 12th Street <br />PO Box 329 <br />Aurora, NE 68818 <br />201603491, <br />1. Conveyance. For good and valuable consideration, the receipt and sufficiency of which is <br />acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this <br />Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of <br />Beneficiary, with power of sale, the following described property: <br />PART OF FRACTIONAL BLOCK 3, WINDOLPH'S ADDITION AND COMPLEMENT, <br />FRACTIONAL BLOCK 38, CHARLES WASMER'S ADDITION, BOTH BEING ADDITIONS TO <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY <br />DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEASTERLY CORNER OF <br />FRACTIONAL LOT 3, FRACTIONAL BLOCK 3, WINDOLPH'S ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA, THENCE WESTERLY ON THE NORTHERLY <br />LINE OF JOHN STREET A DISTANCE OF 54 FEE; THENCE NOTHERLY PARALLEL WITH <br />THE WESTERLY LINE OF ADAMS STREET A DISTANCE OF 132 FEET; THENCE EASTERLY <br />PARALLEL WWITH THE NORTHERLY LNE OF JOHN STREET A DISTANCE OF 54 FEET TO <br />THE WESTERLY LINE OF ADAMS STREE; THENCE SOUTHERLY ON THE WESTERLY LINE <br />OF ADAMS STREET A DISTANCE OF 132 FEET TO THE POINT OF BEGINNING. <br />The property is located in HALL County at 520 S ADAMS, GRAND ISLAND, Nebraska 68801. <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, <br />all water and riparian rights, ditches, and water stock and all existing and future improvements, <br />structures, fixtures, and replacements that may now, or at any time in the future, be part of the real <br />estate described above (all referred to as "Property"). <br />2. Maximum Obligation Limit. The total principal amount secured by this Security Instrument <br />at any one time shall not exceed $11,386.00. This limitation of amount does not include interest and <br />other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not <br />apply to advances made under the terms of this Security Instrument to protect Beneficiary's security <br />and to perform any of the covenants contained in this Security Instrument. <br />3. Secured Debt and Future Advances. The term "Secured Debt" is defined as follows: <br />(A)Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other <br />evidence of debt described below and all their extensions, renewals, modifications or <br />substitutions. <br />The promissory note signed by ANGEL OMAR MENCIA (the "Borrower") and dated the <br />same date as this Security Instrument (the "Note"). The Note states that Borrower owes Lender <br />eleven thousand three hundred eighty -six and 00 /100 Dollars (U.S. $11,386.00) plus interest. <br />Borrower has promised to pay this debt in regular periodic payments and to pay the debt in full <br />not later than May 25, 2019. <br />(B) All future advances from Beneficiary to Trustor or other future obligations of Trustor to <br />Beneficiary under any promissory note, contract, guaranty, or other evidence of debt executed <br />by Trustor in favor of Beneficiary after this Security Instrument whether or not this Security <br />Instrument is specifically referenced. If more than one person signs this Security Instrument, TT <br />A PI T, <br />Deed Of Trust Closed End -NE <br />Bankers Systems" VMP® 04/2016 <br />Wolters Kluwer Financial Services ® 2014 2016052616.1.1.3555- N20160415N Page 2 of 10 <br />