200202574 - Laserfiche WebLink

Browse

2. CONVEYANCE. For sood and valuable consideration, the receipt and sufficiency of which is acknowledged, and to were, the Secured Debt (defined below) and Iraitor's performance Under this Security Instrument, Truster irrevocably grunts, conveys and sells to I nistee, in trust fur the benefit of Beneficiary, with power of sale, the following desci ibed property THE EAST 151 FT OF LOT FOUR (4), ED ROSS SUBDIVISION NO. TWO (2), MORE PARTICULARLY DESCRIBED AS: BEGINNING AT A POINT ON THE NORTH LINE OF THE NE1 /4 OF SECTION 2, TOWNSHIP 11 NORTH, RANGE 10 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA WHICH POINT IS 585 FEET WEST OF THE NORTHEAST CORNER OF SAID NE1 /4; THENCE SOUTH, PARALLEL TO THE: EAST LINE OF SAID NE1 /4, 306 FEET; THENCE WEST PARALLEL TO THE NORTH LINE OF SAID NE1 /4 151 FEET; THENCE NORTH, PARALLEL TO THE EAST LINE OF SAID NE1 /4, 306 FEET TO A POINT ON THE NORTH LINE OF SAID NE1/4; THENCE EAST LONG THE NORTH LINE OF SAID NEI. /4 TO THE POINT OF BEGINNING. The property is lecatal in Hall at 4045 W. AIRPORT R.D. (CUUnryI _ GRAND ISLAND _ Nebraska 68803 (Add,,") (Cary) (71P Code) 7bGether with all rights, easements, appurtenances, royalties, mineral rights, ail and gas rights, all water and riparian rights, ditches, and ttatei stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part ofthe real estate described above (all referred to as "Property'). o. MAXIMUM OBIA')ATIIICN 1,111IT. The total principal amount secured by this Security Instrument at any uric time shall not exceed S 172,800.00 This limitation of amount does not include interest and other fees and charges valid1 , %Ic pursuant to this Security Instrument. Also, this limi.ation does not apply to advances made under the terms nr this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instunent. 4. SECURED DENT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follmvs: A- Debt incurred unde, the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or m,bstitutiorl (When referencvog the rlobas below, N it "not"Ied that iwu indmfe Ileac, such us borrower,' non,2s, Wore nmmm[n', oncrest , wes, ralffir ty dales, etc.) A Promissory Note dated 01/28/2002 with a maturity date 0 041=202 NFDRASRA - DEED OF TRUST fart FnR reun. 11,.1 ran oR 1A usq forage I of 4) p , 991 r...... 5... Iva4i. roue mN oAOOa9F .,1411 1 -1 or NI 11111117 - C1651NE),n u),, vUR UOamace roams. iaooisv Ae9, a> C m to DC 1 -A ° tA V n a v � Sul, nr Nrhraska -- Spaua Ara— This Line For Recording y Dam N DEED OF TRUST (With Future Advance Clause) Construction Security Agreement �) 1. DATE AND PARTIES. The data of this Deed of Trust (Security Inshumunt) is Jan 28, 2002 __. _ _. Us, and the parties, their addresses and tax idenlifcation numbers, if required, are as follows: C, 'FRUSTORr MARY JANE KENNEDY, A Single Person 715 PLUM ST LINCOLN, WE 68502 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and acknowledgments. "FRl15TER: Union Bank and Trust Company 3643 South 48th Street Lincoln, NE 68506 BFNEFICIARY'. Union Bank and Trust Company 3643 South 48th Street, PO Box 82535 Lincoln, NE 68501 -2535 2. CONVEYANCE. For sood and valuable consideration, the receipt and sufficiency of which is acknowledged, and to were, the Secured Debt (defined below) and Iraitor's performance Under this Security Instrument, Truster irrevocably grunts, conveys and sells to I nistee, in trust fur the benefit of Beneficiary, with power of sale, the following desci ibed property THE EAST 151 FT OF LOT FOUR (4), ED ROSS SUBDIVISION NO. TWO (2), MORE PARTICULARLY DESCRIBED AS: BEGINNING AT A POINT ON THE NORTH LINE OF THE NE1 /4 OF SECTION 2, TOWNSHIP 11 NORTH, RANGE 10 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA WHICH POINT IS 585 FEET WEST OF THE NORTHEAST CORNER OF SAID NE1 /4; THENCE SOUTH, PARALLEL TO THE: EAST LINE OF SAID NE1 /4, 306 FEET; THENCE WEST PARALLEL TO THE NORTH LINE OF SAID NE1 /4 151 FEET; THENCE NORTH, PARALLEL TO THE EAST LINE OF SAID NE1 /4, 306 FEET TO A POINT ON THE NORTH LINE OF SAID NE1/4; THENCE EAST LONG THE NORTH LINE OF SAID NEI. /4 TO THE POINT OF BEGINNING. The property is lecatal in Hall at 4045 W. AIRPORT R.D. (CUUnryI _ GRAND ISLAND _ Nebraska 68803 (Add,,") (Cary) (71P Code) 7bGether with all rights, easements, appurtenances, royalties, mineral rights, ail and gas rights, all water and riparian rights, ditches, and ttatei stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part ofthe real estate described above (all referred to as "Property'). o. MAXIMUM OBIA')ATIIICN 1,111IT. The total principal amount secured by this Security Instrument at any uric time shall not exceed S 172,800.00 This limitation of amount does not include interest and other fees and charges valid1 , %Ic pursuant to this Security Instrument. Also, this limi.ation does not apply to advances made under the terms nr this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instunent. 4. SECURED DENT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follmvs: A- Debt incurred unde, the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or m,bstitutiorl (When referencvog the rlobas below, N it "not"Ied that iwu indmfe Ileac, such us borrower,' non,2s, Wore nmmm[n', oncrest , wes, ralffir ty dales, etc.) A Promissory Note dated 01/28/2002 with a maturity date 0 041=202 NFDRASRA - DEED OF TRUST fart FnR reun. 11,.1 ran oR 1A usq forage I of 4) p , 991 r...... 5... Iva4i. roue mN oAOOa9F .,1411 1 -1 or NI 11111117 - C1651NE),n u),, vUR UOamace roams. iaooisv Ae9, a>