|
rn
<br />t'1
<br />Z m N o C-)
<br />--i � r".
<br />1710 n = c D IF-11.
<br />to rn C rn O
<br />o o
<br />C�p
<br />o _n
<br />rn 1 = m e
<br />D CTJ
<br />0 "' cn Cn w
<br />o rn
<br />cn
<br />!� 1 (n
<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 10/22/2001 among, the Grantor, MARTYN J SHUNKWILER AND JANET L SHUNKWILER,
<br />HUSBAND AND WIFE ( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and the Cj
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the -
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ( "Lender ").
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of p
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property ").
<br />PROPERTY ADDRESS: 115 S MADISON ST, GRAND ISLAND, Nebraska 68801
<br />LEGAL DESCRIPTION:
<br />THE NORTHERLY FIFTY -ONE FEET (51') OF LOT FIVE (5), IN FRACTIONAL BLOCK TWENTY -ONE (21) OF PALMER'S
<br />SUBDIVISION OF LOT NUMBER SEVEN (7) OF THE COUNTY SUBDIVISION OF THE SOUTHEAST QUARTER OF THE
<br />SOUTHWEST QUARTER (SEI /4SW1 /4) OF SECTION NUMBER SIXTEEN (16) IN TOWNSHIP ELEVEN (11) NORTH OF RANGE NINE
<br />(9) WEST OF THE SIXTH (6TH) P.M. IN GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenants and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to Lender repayment of the secured debt and the performance of the convenants and agreements
<br />contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this deed of trust, includes any amounts
<br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and
<br />renewals thereof.
<br />The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof.):
<br />A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 10/22/2001
<br />Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br />contemplated and will be secured to the same extent as if made on the date of this deed of trust is executed.
<br />❑ Revolving line of credit agreement dated , with initial annual interest rate of %
<br />All amounts owed under this agreement are secured even though all amounts may not yet be advanced. Future advances under
<br />the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed.
<br />The above obligation is due and payable on October 26, 2006 if not paid earlier.
<br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a maximum principal amount of $2,925.42, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perform any of the
<br />covenants contained in this deed of trust, with interest on such disbursements.
<br />❑ Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />❑ A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i❑ittached to this deed of trust and made a part hereof has
<br />❑ been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in any riders described abov signs by Bor ower
<br />MART S NKWILER ANET L SHUNKWILER
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 10/22/2001
<br />By MARTYN J SHUNKWILER and JANET L SHUNKWILER, HUSBAND AND WIFE
<br />My commission expires:
<br />ary Ptjhlic
<br />NOTARY PUBLIC
<br />STATE OF ARIZONA
<br />Maricopa County
<br />►I
<br />BRENDA S. SAMPSON
<br />MY COrmmission EYniroe nrin-_
<br />
|