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O p rtAi T D o n ur o M !ml 2 <br />z <br />= e) 0 <br />M <br />T 7C 2 °� N 't -• c.c <br />lrA N r n r^ C <br />vv �M <br />O o N Ort <br />N 200303540 N o <br />�5 DEED OF TRUST WI'T'H FUTURE ADVANCES <br />11115 DEED OF TRUST, is made as of the [__. .17th ] day of [ March ], 2007, by and among fire Tmstur, <br />[ Anthony J Bohaty, a single person <br />whose .printing address is [ 2203 Woodridge Pl. , Grand _Island,_ Nebraska 68801 [ <br />(herein iPTrustor', wheder one or arore). The Trustee: NEBRASKA ENERGY FEDERAL CREDIT UNION whose moiling oddm: <br />is: P.O. Box 499, Columbus, NE 68602 -0499. (herein "Trustee "), and the Beneficiary: NEBRASKA ENERGY FEDERAL <br />CREDIT UNION whose mailing address is: P.O. Box 499, Columbus, BE 68602 -0499 (herehr "Leader "). <br />FOR VALUABLE CONSIDERATION, including Lendef's extension orcmdlt identified herein to: <br />�_ Anthony J_Bohaty, a single person <br />(herein "Borrower;' whether one or more) and the trust herein created, the receipt ofwinch is hereby acknowledged,'Imetor hereby <br />irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, Cur the benefit and setanity of <br />Lender, order and subject to the terns and conditions heref n ftet set forth, the real property described es follows: <br />Lot Sixteen (16), Block One (1), in Brentwood Subdivision, in the City of <br />Grand Island, Hall County, Nebraska <br />s C <br />Together with all buildings, Improvements, fixhnee streets, alleys, presegetvoys, easemairts, rights, privileges and appnrleunne"s <br />has led thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, slid such per- <br />sonal property that is attached to tire improvements sa as to constitute a fixture, including, but not limited to, heating and cooling <br />equipment; and together with the homestead or marital interests, if any, which interests are hereby released and waived; ail of which, <br />including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust <br />and all of the foregoing being referred to herein as the'Property". <br />This Deed of rust shall secure (a) the payment of die principal stun and interest evidenced by a pionlissoty note or credit <br />agreement dated[ March 17, 2003 ], having a maturity date of [ none stated ] <br />in the original principal ameumt of [$ 15, 000.00 ] , and any and sit modifications, extensions and renewals <br />thereof or thereto and any and all future advances and readvances to Borrower (or any of them if more than titre) hereunder pursuant <br />to one or more pmnrissory notes or credit agreements (herein called "Note" T (b) the payment of other sutra advanced by Lender to <br />protect the security of lire Nate, (c) the performance of all covenants and agreements of Tmstor set forth herein; and (d) all present and <br />future indebtedness and obligations of Borrower (at any of them ifrnore than one) to Lender whether direct, indirect, absolute or <br />contingent and whether arising by note, guaranty, overdraft or otherwise The Note, dun Deed of Trust dud any and all other <br />documents that secure the Note or otherwise executed in connection tlretewith, including without limitation guarantees, seem lly <br />agreements and assignments of teases and rents, shall be referred to herein as the "Loan Instruments". <br />Tmstor covenants and agrees with Lender as follows: <br />1. Payment of Indebtedness. All indebtedness secured hereby .shall be paid when due. <br />2. 'Title. Trustur is the owner of the Property, has the right and authority to convey the Property, and walnuts that Ibe lien <br />created hereby is a first and prior lien on the Property, except for liens and encumbrances set forth by Tmstur in writing and <br />delivered to Leudet before execution of this Deed of Trust, slid the execution and delivery of this Deed of Trust does not <br />violate any contract or other obligation to which Truster is subject. <br />3. Taxes, Assessments. To pay before delinquency all taxes, special assessments and all other charges against the Property <br />now or hereafter levied. <br />4. Insurance. '1'e keep the Property iusvred against damage by fire, hersrds included within the term "extended coverage ", <br />and each other hazatds as Lender may require, in amounts and with companies anoeptable to Lender, training Lender as an <br />additional named insured, with loss payable to the Lender. In case of loss ,crier such policies, the Lender is andenized to <br />adjust, collect and compromise, all claims thereunder and shat] have the option of applying all or part of (lie insurance <br />proceeds (i) to any indebtedness secured hereby wad in such older vs Lender may determine, (ii) to lire Tmstor to be used for <br />the repair or restoration of the Property or (ill) for any other purpose or object satisfactory to Lender without affecting Ilse lien <br />of this Deed ofTmet for the full amount secured hereby before such payment ever took place. Any applicstions ofproceeds <br />to indebtedness shall not extend or postpone the due dale of any payments trader the Note, or cure any default thereunder or <br />hereunder. <br />5. Cscrom. Upon ,ride. demand by Leader, Tmstor shell pay to Leader, in sutrr a mamet as Lender may designate, <br />suMGieut sums to enable Lender to pay as they become due one or more of the following: (f) all taxes, assessments slid other <br />charges against the Property, (ii) the premiums on the property tnsmanee required hereunder, and (iii) the prenrions on any <br />mortgage i nsumuce required by Lender. <br />