|
R` n x N U y O M tC IZp 7jL[, c D ;� Ca
<br />m
<br />� O
<br />fir � ax
<br />s C:r
<br />DEED OF (RUST
<br />PARTIES: This Deed cfTmst is made on 03/19/2002 among, the Grantor, CONNIE L PATTON AND, A SINGLE PERSON ( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address Is R O. Box 790, Grand Island, Hall County, Nebraska ("Itustec"), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws afNEBRASKA whose address is 221 SOUTH LOCUSTS I REET, 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
<br />which Borrower is lawfully sensed, described below and all buildings, fixtures, and existing and future improvements thereon and all rights-.t-
<br />way, casements, rents, issues, profits, income, tenements, hereduaments, privileges and any apporleoances thereunto belonging (all called the
<br />"Property"),
<br />PROPERTY ADDRESS: 2426 SHERIDAN AVE, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT FIVE (5), BLOCK FOUR (4), IN IINIVERSTY PLACE, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Burrower convenams and warrants tide to the property, except for
<br />SECURED DEBT: This deed of trust secums to Lender repayment of [he 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 decd 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 s"no.[ debt is evidenced by (List all instruments and agreements secured by this deed of trust and tie dates thereof)!
<br />N A PROMISSORY NOTE AND SLCURITY AGREEMENT DATED 03/19/2002
<br />Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances arc
<br />contemplated and will be secured to the same extent es if made on the data of this decd of trust is executed.
<br />❑ Revolving line ofcredit 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 ore contemplated and will he secured to the same extent as ifmadeon the date this deed oftrust is executed.
<br />The above obligation is due and payable on March 20, 2005 ifnnt paid earlier.
<br />The total unpaid balance secured by this decd of trust at may one time shall not exceed a maximum principal amount of $3,256.06, 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 oftrust, with interest on such disbursements.
<br />El Variable Rate: The interest rate on the obligation secured by this deed affect may vary awarding to the terms oCWat 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 Ilomcstcad PrWoUion Act, designation of homestead iQtmetted to this deed of trust and made a part hereof has
<br />Li bent disclaimed; the disclaimer is attached to this deed oftmst 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 anX ers described above sign by Borrower. 6 _
<br />R
<br />CONNIE L PATTTJN
<br />ACKNOWLEDGMENT': STATE OF NEBRASKA, HALL RUNTY SS:
<br />The foregoing instrument was acknowledged before me on 03/19/2002
<br />By CONNII, L PATTON and, A SINGLE PERSON
<br />My commission expires: /�
<br />(�Q" � (NOtary Public)
<br />GENERAL NOTARY SWW of Meflaaka
<br />III SHARON K KLEINT
<br />my Comm. Lip. Dec 3, 2003
<br />
|