|
REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement c
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJu..1 _07,... 2005
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:ROGER B JENSEN and JEANETTE K JENSEN, HUSBAND AND WIFE
<br />1116 S VINE ST
<br />GRAND ISLAND, NE 68801
<br />El If 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 ONE HUNDRED EIGHTEEN (118), IN BUENA VISTA SUBDIVISION, AN ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in _ _ _ _ . _ _ _ _ _ .. Hall _ _ _ ._ .. _ _ ..... at 1116. S VINE _ST
<br />(County)
<br />GRAND ISLAND .... _ .: Nebraska . _68801
<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 $ 2.1, 500 ..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 07/07/2005
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of
<br />ID 1994 Bankers Systems, Inc., St, Cloud, MN Form OCP- REDT -NE 1/13/99
<br />dM C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521.7291
<br />(�
<br />r',.�
<br />rn
<br />�
<br />M
<br />= >
<br />:3
<br />Z
<br />`
<br />_
<br />n
<br />73
<br />rr,
<br />a
<br />=Cn
<br />Q
<br />..,.
<br />y
<br />r
<br />--7
<br />N �
<br />cn s
<br />U7
<br />>
<br />(TI
<br />Cn
<br />CJ-1
<br />Z
<br />a
<br />J
<br />State of Nebraska
<br />-- Space Above This Line For Recording
<br />Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement c
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJu..1 _07,... 2005
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:ROGER B JENSEN and JEANETTE K JENSEN, HUSBAND AND WIFE
<br />1116 S VINE ST
<br />GRAND ISLAND, NE 68801
<br />El If 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 ONE HUNDRED EIGHTEEN (118), IN BUENA VISTA SUBDIVISION, AN ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in _ _ _ _ . _ _ _ _ _ .. Hall _ _ _ ._ .. _ _ ..... at 1116. S VINE _ST
<br />(County)
<br />GRAND ISLAND .... _ .: Nebraska . _68801
<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 $ 2.1, 500 ..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 07/07/2005
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of
<br />ID 1994 Bankers Systems, Inc., St, Cloud, MN Form OCP- REDT -NE 1/13/99
<br />dM C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521.7291
<br />
|