|
T I I M
<br />T
<br />C T N
<br />3 no sN Z = c c> N o
<br />n S y fV c b N :i.•�
<br />Pc
<br />cn O p�y,
<br />T �s
<br />cn
<br />01 i=D
<br />i IO :3 s .
<br />s I C13
<br />n o �
<br />7 N
<br />DEED OF TRUST
<br />PARTIES: This Deed of Trust is made on 05/01/2002 among, the Granton, TOMMY L MARTIN AND KATHLEEN K MARTIN, HUSBAND
<br />AND WIFE ("Bonawer'),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Be. 790, Grand Island, Hall County, Nebraska ("'Trustee"), and the o
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, 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, of
<br />which Borrower is lawfully seized, described below and all buildings, Estates, and existing and future improvements thereon and all rights -of-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />„property").
<br />PROPERTY ADDRESS: 4153 NORWOOD DR, GRAND ISLAND, Nebraska 68803
<br />LEGAL DESCRIPTION:
<br />LOT ELEVEN 01), WESTWOOD PARK THIRD SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convey ants and warrants title to the property, except for
<br />SECURED DEBT: This deed of trust secures to Lender repayment of the 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 deed 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 secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof.):
<br />0 A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 05/01/2002
<br />Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br />contemplated and will be secured to the same extent as if made on the date of this deed of trust Is executed.
<br />❑ Revolving line of credit 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 are contemplated and will be secured to the same extent as if made on the date this decd of trust is executed.
<br />The above obligation is due and payable on May 10, 2007 if 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 $22.083.84, plus
<br />interest, plus any amounts disbursed under the terms of this decd of trust to protect the security of this deed of trust or to perform any of the
<br />covenants contained in this deed of trust, with interest on such disbursements.
<br />❑ Variable Rate: The interest rate on the obligation secured by this deed oftrust may vary according to the terns oflhat 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: ASSIGNMEN I OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant t0 the Farm Homestead Protection Act, designation of homestead iQttached to this deed of trust and made a part hereof has
<br />❑ been dlscialmed; the disclaimer is anached to this deed of trust 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, aad in any riders describ/erl above signed by Borrower.
<br />Xl�Yw /lea //� -.� p. �..�.G1.�' �—'
<br />TOMMY OMAIRTIN KATHLEEN K MARTIN ^
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS
<br />The foregoing instrument was acknowledged before me on 05/01/2002
<br />By TOMMY L MARTIN and KATHLEEN K MARTIN, HUSBAND AND WIFE
<br />0
<br />My commission expires: =yam'. „yj-lK //'
<br />4ti �1.�9%% JJd77LLLt -(. INotary Public)
<br />6ENEPAL SHARON of INT
<br />III SHARON K KLEINT
<br />My Comm Pqr Dec 3, 2003
<br />
|