|
11 �a
<br />N n
<br />pp "\ in tp n O
<br />rn p
<br />DEED OF TRUST
<br />PARTIES:'fhis Deed of Trust is made on 01 /11/2002 among, the Grantor, WILLIAM E KAY AND A SINGLE PERSON ( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ( "Trustee "), and theme,
<br />Beneficiary, HOME FEDERM, SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA avbase address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Leader").
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, to trust, with power of sale, the real property, of
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights -of-
<br />way, casements, rents, issues, profits, income, tenements, heredilaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property")' Nebrask 68832
<br />PROPERTY ADDRESS: 2l3 SUNNY DR, DONIPHAN, a
<br />LEGAL DESCRIPTION:
<br />LOT FIVE (5) WH1TP. SUNNY SLOPES SUBDIVISION H, RANGE OTEN ( D), WEST OF NEBRASKA 6TH P.M.. COUNTY, NEBRASKA
<br />Of
<br />SECTION TWELVE (12), TOWNSHIP NINE (9) .
<br />Located in Hall County, Nebraska
<br />TITLE: Borrower convcnants and warrants title to the property, except for
<br />SECUREp BEBT: This deed of bust arNUms to Lender repayment of the secured debt and the performance of the convcnants and agreements
<br />contained in this deed of trust and in any other document incorporated
<br />herein. Secured debt, ac used in thi�rdcal mudification seextenslons and
<br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust,
<br />renewals thereof.
<br />The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dales thereo .
<br />W A PROMISSORY NOTE AND SECURITY AGREEMEN'C DATED 01 /1 (12002
<br />Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br />cnntemplbmA and will be secured to the same extent as if made on the date ofihis deed oftrust is executed.
<br />❑ Revolving line of credit agreement
<br />agreement dated
<br />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 seemed to the same extent as if made on the date this deed oftrust is executed.
<br />The above obligation is due and payable on January 20, 2007 it not paid earlier.
<br />The total unpaid balance secured by this decd of trust at any one time shall not exceed a maximum principal amount of $6,073.50, plus
<br />interest, plus any amounts disbursed under the terms of this deed oftrust to protect the security of this deed oftrust or to perform any of the
<br />covenants contained in this deed of trust, with interest on such disbursements.
<br />C-I Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terms of that obligation.
<br />A copy ofthc loan agreement containing the terms under which the interest to may vary is attached to this deed oftrust and
<br />made a part hereof.
<br />RIDERS: ASSIGNMENT OF REN "fS _
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead d3ttache l to this deed of trust and made a part hereof has
<br />(] been disclaimed; the disclaimer is attached to this deed oftrust and made a part hereof.
<br />SIGNATURES: py signing below, Borrowe agree India terms and convenants contained in this deed of trust, including those on page
<br />2, and in any r c1 r 5; .. erl above signs y Borrower.
<br />WILLIAM ELLIAM E KAY
<br />—
<br />ACKNOWLEDGMENT: S' I' ATE OF NEBRASKA, HALL CC
<br />I he foregoing instrument was acknowledged before me
<br />By WILLIAM E KAY and, A SINGLE PERSON I/
<br />My commission expires:
<br />PATSY A KALKOWSKI
<br />MY lbmm. EV. AM[ 24, 2003
<br />Public)
<br />
|