201707355 - Laserfiche WebLink

Browse

201707355 r1 C*: rr� ,". r F's y1., BENEFICIARY (Lender): h CENTRAL NATIONAL BANK( fk1 < Pik CV (1 Organized and existing urid the atirgtilf the United States of America PO Box 185 201 S 4th Burlington, KS 66839 1. DEFINITIONS. For the purp$ses f thi document, the following term has the following meaning. ► ; A. Line of Credit. "Line of Credit" refers to this transaction generally, including obligations and duties arising from the terms of all documents prepared or submitted for this transaction. 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor does hereby irrevocably grant, convey and sell to Trustee, in trust for the benefit of Lender, with power of sale, the following described property: LOT TWENTY -FOUR (24), BLOCK ONE (1), IN KNICKREHM ADDITION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. The property is located in Hall County at 116 W 20TH ST, GRAND ISLAND, Nebraska 68801. Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, wells, 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 (all referred to as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been terminated in writing by Lender. 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time and from time to time will not exceed $35,000.00. Any 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 Lender's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBTS AND FUTURE ADVANCES. The term "Secured Debts" includes and this Security Instrument will secure each of the following: A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and replacements. A promissory note or other agreement, No. 351020047, dated October 23, 2017, from COLLEEN A OPFER LAWRENCE (Borrower) to Lender, with a maximum credit limit of $35,000.00 and maturing on October 27, 2027. B. Future Advances. All future advances from Lender to COLLEEN A OPFER LAWRENCE under the Specific Debts executed by COLLEEN A OPFER LAWRENCE in favor of Lender after this Security Instrument. If more than one person signs this Security Instrument, each agrees that this Security Instrument will secure all future advances that are given to COLLEEN A OPFER LAWRENCE either individually or with others who may not sign this Security Instrument. All future advances are secured by this Security Instrument even though all or part may not yet be advanced. All future advances are secured as if made on 1;( COLLEEN A OPFER LAWRENCE Nebraska Deed Of Trust K S /4 m i tc h be @ 0000000000 1 47 504 6 N Wolters Kluwer Financial Services ©1996, 2017 Bankers Systeme' Initials CZ.