|
A�
<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJu_l_ 06,_ 2004 -----------------
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:MICHAEL J CLEARY and DEBORAH S CLEARY, HUSBAND AND WIFE
<br />4353 SHERWOOD
<br />GRAND ISLAND, NE 68803
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT EIGHTEEN (18), BISHOP HEIGHTS SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The property is located in ----------------- Hall ------------------ at 4353 SHERWOOD_____________
<br />(County)
<br />________GRAND ISLAND_________ , Nebraska___- 68803 - -_-
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $16, 071.00 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. 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(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the Bnal maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 07/06/2004
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) /page 1 of 4)
<br />`Z) 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99
<br />111M - C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291
<br />X = D
<br />s
<br />o
<br />�"�
<br />rn
<br />"n M C
<br />\,�
<br />c
<br />=-
<br />=
<br />n
<br />v 7C
<br />S,
<br />r=
<br />rr1
<br />CD
<br />M[1
<br />cn
<br />r
<br />D
<br />N
<br />t--►
<br />o�
<br />o
<br />Q.
<br />n
<br />c
<br />T
<br />CD
<br />:r_
<br />M
<br />-
<br />�
<br />r—
<br />r n
<br />N
<br />o
<br />Co
<br />°
<br />r
<br />Cn
<br />CD
<br />w
<br />CP
<br />200407073
<br />0
<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJu_l_ 06,_ 2004 -----------------
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:MICHAEL J CLEARY and DEBORAH S CLEARY, HUSBAND AND WIFE
<br />4353 SHERWOOD
<br />GRAND ISLAND, NE 68803
<br />0 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT EIGHTEEN (18), BISHOP HEIGHTS SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The property is located in ----------------- Hall ------------------ at 4353 SHERWOOD_____________
<br />(County)
<br />________GRAND ISLAND_________ , Nebraska___- 68803 - -_-
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $16, 071.00 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. 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(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the Bnal maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 07/06/2004
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) /page 1 of 4)
<br />`Z) 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99
<br />111M - C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291
<br />
|