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r <br />N <br />J-- <br />7 <br />fU <br />G <br />O <br />O <br />r' <br />M <br />M <br />C <br />Z <br />CA <br />n � <br />ry <br />U) <br />O <br />C <br />ra > <br />C> .> <br />1 r <br />rr1 <br />r*1 <br />C) <br />Cn <br />J -,:3 <br />f✓ <br />F—' <br />C� <br />l--a <br />c.n <br />C7 U� <br />C7 ( <br />C � <br />O� <br />3s GJ <br />r— x) <br />cn <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />F7 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isApr 01, 2005 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR :LLOYD C ZIGLER and KAREN L ZIGLER, HUSBAND AND WIFE <br />C.l1 <br />U7 <br />0 rn <br />iV a <br />c-n <br />a <br />W <br />2104 BARBARA AVE <br />GRAND, NE 68803 <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <br />Home Federal Savings and Loan Association of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <br />Organized and Existing Under the Laws of The State of Nebraska <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: <br />LOT TWO (2), JOHN & MARIE'S SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />The property is located in Hall <br />(County) <br />at 2104 BARBARA AVE <br />_ GRAND Nebraska 68803 <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property "), <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $ 24.,_000.00 This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 04/01/2005 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page T of 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REOT -NE 1/13/89 <br />dM � G465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />