|
<br /> ,--..> ("') (fJ ~i
<br /> ,,;.:.;;;'::JI
<br /> :lO I n r~ 0 -l
<br /> ( ;T:> c::"P-
<br /> ~ """)"t... =3 -.....--4 Oil
<br /> c: c' ~f1'1
<br /> -JJ t '. =
<br /> Z :;0 -< 0
<br />n [..'1 .\-. 0" ~?:
<br />n tJ o ;;- N
<br />:c )>- ~:? j C)''''t CO " ;z:
<br />~ eft I "T1 "[\. :J: P1 C>
<br />'" :c CJ "P- C).)
<br /> --'.\ ::0
<br /> rn t\ '.. r ::0 N
<br /> ~'r\ :3 r 1:>
<br /> Cl l (f) en
<br /> (fl l--" :;:><:
<br /> I-' l> -..J
<br />200602674 --- --- .J:
<br /> N
<br /> W (JJ
<br /> (JJ ~
<br />
<br />
<br />
<br />N
<br />S
<br />S
<br />0)
<br />is
<br />N
<br />0)
<br />--J
<br />..j::.
<br />
<br />[Space Above This Line For Recording Data]
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />
<br />'''.,
<br />~'-)
<br />~,
<br />~
<br />
<br />DEFINITIONS
<br />
<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21 .
<br />Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />
<br />(A) "Security Instrument" means this document, which is dated
<br />document.
<br />
<br />MAR CHI 8, 2 0 0 6 ,together with all Riders to this
<br />
<br />)>
<br />~
<br />Z
<br />~
<br />C)
<br />rr'I
<br />-of
<br />=i
<br />r-
<br />m
<br />en
<br />""
<br />::a
<br />-<
<br />n
<br />m
<br />en
<br />
<br />(B) "Borrower" is
<br />
<br />STEVEN D. KRINGS AND ASHLEY M. KRINGS. HUSBAND AND WIFE, AS JOINT TENANTS
<br />
<br />(C) "Lender" is
<br />C c r p 0 rat ion
<br />o F A M F R J r. A
<br />
<br />FIR S T
<br />
<br />. Borrower is the trustor under this Security Instrument.
<br />N A T ION A L BAN K AND T R U S T COM PAN Y . Lender is a
<br />organized and existing under the laws of THF lINITFO STATFS
<br />. Lender's address is POBOX no r.DIllMBllS NF fiB602 0730
<br />. Lender is the beneficiary under
<br />
<br />this Security Instrument.
<br />
<br />(D) "Trustee" is FIR S T N A T ION A L BAN K AND T R U S T COM PAN Y , C 0 I LJ M B lJ S N E
<br />
<br />(E) "Note" means the promissory note signed by Borrower to the Lender and dated MAR CHI 8. 2 0 0 6
<br />states that Borrower owes Lender FOil RTF F NTH n II SAN 0 F I V F H II NOR F 0 F J F T Y A N 0
<br />Dollars (U.S. $ 1 4 , 5 5 0 0 0
<br />interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than
<br />npPTI', ?011
<br />
<br />. The Note
<br />N 0 / 1 0 0
<br />) plus
<br />
<br />Maximum Obligation Limit: The total principal amount secured by this Security Instrument at anyone time will not exceed
<br />$ ? q 1 non n ' This limitation of amount does not include interest and other fees and charges validly made pursuant to this
<br />Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Lender's security and
<br />to perform any of the covenants in this Security Instrument. One or more of the debts secured by this Security Instrument contains a future advance
<br />provision,
<br />
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and
<br />all sums due under this Security Instrument, plus interest.
<br />
<br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by
<br />Borrower [check box as applicable]:
<br />
<br />D Adjustable Rate Rider D Condominium Rider D Second Home Rider
<br />
<br />D Balloon Rider D Planned Unit Development Rider D Other(s) [specify]
<br />
<br />D 1-4 Family Rider D Biweekly Payment Rider
<br />
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative
<br />rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions.
<br />
<br />(J) "Community Association Dues, Fees and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper
<br />instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order,
<br />instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale
<br />transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party
<br />(other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property;
<br />(ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations
<br />of, or omissions as to, the value and/or condition of the Property.
<br />
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Section 3 of this Security Instrument.
<br />
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. 2~1 et seq.) and its implementing regulation,
<br />Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or
<br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related
<br />mortgage loan" under RESPA.
<br />
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />
<br />AFTER RECORDING RETURN TO:
<br />
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />3028 NE DOT 1/01 wilh Future Advance Clause PO'
<br />
<br />Form 3028 1/0t (page 1 01 7 pages)
<br />
|