<br /> ~~~. ["'..-..:"
<br /> ~'J () r:.:.;) c:> (J? og'l
<br /> ;u \ () =::>
<br /> :t: t;; :u~ <:;;1':> o -i
<br /> ('A, "1 C::l> NfD
<br /> ~ . "'1"1 m ....., Z-i
<br />N ~ <)' ') C"' () :c ~',f rr"'I -ifTl O~
<br />C9 .... " CD
<br />C9 1. n Lt. -<0
<br />0') \<i " ~~ :t: n t;'l I 0"" ~?:
<br />(/f i
<br />S ,<'1'\ j:> " CD ""z
<br />-" (') c.., r
<br />-" ~ \~ ;K ...~ l\ C";l ::r /01 -
<br />c.n ~~. t' ......".. nl ::0 );>CO :~~
<br />0') j nl 3 r :::0
<br /> ~~ 0 r l>
<br /> U> !-' (J?
<br /> \ <,'
<br /> ~j ~ ........ ;::><;; ..~~
<br /> l>
<br /> t'", G.n
<br /> \~ ' -:= --
<br /> \ N (/) c:n ......
<br /> (J? ~
<br />DEED OF TRUST
<br />
<br />
<br />
<br />PARTIES: This Deed of Trust is made on 02/03/2006 among, the Grantor, DAVID L ARNOLD and MARILYN S ARNOLD, HUSBAND AND
<br />WIFE ("Borrower"),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the c::-:,::;.;
<br />Beneficiary, HOME fEDERAL SAVINGS AND LOAN ASSOCIA nON 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, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property").
<br />PROPERTY ADDRESS: 1032 S PLUM ST, GRAND ISLAND, Nebraska 68801
<br />
<br />LEGAL DESCRIPI10N:
<br />
<br />LOT fOURTEEN (14), IN ANDERSON SUBDIVISION, IN THE CITY Of GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />Located in Hall County, Nebraska.
<br />1TILE: Borrower convenants and warrants title to the property, except for
<br />
<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 />
<br />II A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 02/03/2006
<br />
<br />II 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 />
<br />o 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 deed of trust is executed.
<br />
<br />The above obligation is due and payable on February 17,2009 if not paid earlier.
<br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $5,555.50, 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 of trust, with interest on such disbursements.
<br />o Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />o 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 />
<br />RIDERS: ASSIGNMENT OF RENTS
<br />
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i~ttached to this deed of trust and made a part hereof has
<br />o been disc 1 ed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />
<br />
<br />er agr: e to the terms and convenants contained in this deed of trust, .
<br />
<br />er
<br />
<br />
<br />uding those on page 2, and in
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 02/03/2006
<br />By DAVID L ARNOLD and MARILYN S ARNOLD, HUSBAND AND WIFE
<br />
<br />My ",mm;"'"" <,"ire" (!j;<.JV0:::, 1- ~
<br />
<br />~ ~ GENfRAL NOTARY. Statu ot Nebraska
<br />1 ~ CHRIS L KASKIE
<br />My Comm. Exp, Dec. 29, 2Dll8
<br />
<br />(Notary Public)
<br />
<br />"
<br />
|