|
\
<br />n r)
<br />v
<br />o
<br />o
<br />c>?
<br />0'7
<br />f7
<br />Z
<br />�2 )
<br />c
<br />�
<br />m
<br />vt
<br />DEED OF TRUST
<br />PARTIES: This Deed ofTn51 is made on 08/3011002 among, the Counter, SCOTT A LEMEK AND LISA K LEMEK, HUSBAND AND WIFE
<br />( "Borrower "),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ('Trustee "), and the
<br />Beneficiary, I IOME FFIDFRAI. 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, fixtures, and existing and future improvements thereon and all rights -of-
<br />way, easements, rents, issues, profits, income, tenements, heredimments, privileges and any appurtenances thereunto belonging (all called the
<br />•property "),
<br />PROPERTY ADDRESS: 357 SUNSET DR, DONIPHAN, Nebraska 68832
<br />LEGAL DESCRIPTION:
<br />LOTTWELVE(12) AMICK ACRES WEST SUBDIVISION, IAH, COUNTY, NEBRASKA.
<br />Located in Hall County, Nebraska.
<br />'fl'ITE: Borrower cenvenants and warrants title to the property, except for
<br />SECU RE 1) 1) E B'I:'In is decd of trust sc,, res to Lender repayment of the secured debt and the performance of lire 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 [.ender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions Laid
<br />renewals thereof.
<br />Tire secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof.):
<br />® A PROMISSORY NOTE AND SEC[ IRI I AGR EEMP.NI DATED 0813(V2002
<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 lime 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 he advanced Future advances under
<br />the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed.
<br />The above obligation is due and payable on August 15, 2009 if not paid earlier.
<br />The total unpaid balance secured by this deed of trust at any one time shall not exceed a ntaxintum principal amount of $46,576.00, 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 nftrust, with interest on such disbursements.
<br />❑ Variable Rate: The interest rate on the obligation secured by this deed of unit may vary according to the terms ofthat obligation.
<br />❑ A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed oflrust and
<br />made a part hereof.
<br />III DERS: ASSKiNMFN'I OF RENTS
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Fart Homestead Protection Ad, designution of lomeslead iQltached 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: By signing below, Bar, owe, agree to the terms and convention" contained in this deed of trust, including those on page
<br />2, and in any riders de crib 'd above sign¢ y Borrower.
<br />SCD'1 "I' A 1 iMEK IBAMEK -7
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, I]A LL COUNTY SS:
<br />l'he foregoing instrument was acknowledged before me on 08/30/2002
<br />By SCOTT A LEMEK and LISA K LEMEK, HUSBAND AND WIFE
<br />Notary Public)
<br />My commission expires:? u M.t bG loo'j
<br />GENEGALNGTAAV' "b" Of N.Otzs'h.
<br />Q. MNDSTROM nin 302005
<br />
|