|
<br />C")~~
<br />~ ti~ ~
<br />~
<br />~,~
<br />~~~
<br />~~~
<br />~ -
<br />""
<br />
<br />State of Nebraska
<br />
<br /> 10 n ~
<br /> m :I:
<br /> ." m (It ~
<br /> c: ;"~
<br /> n ::E: c::::.
<br /> Z 7\ c:;;::;> o (I) ;0 <i'
<br />n 0 ........ , 0';> O-'i
<br />J: n 'J;.' c:::r> ~3.
<br />)>- f'.l ,..- .,..... :n z-l
<br />m ~~~ -0
<br />n (I) .9-.J rrl :::0 -I1Tl ~~
<br />;l'l\ X 0 G. -<0
<br /> 0 r"V o .."
<br /> 8 ..., I--' ""z 0')3"
<br /> CJ L,\ ::c rr1 off
<br /> f'T1 l ::0 l> co
<br /> f'T1 ::3 r ;:0
<br /> CJ r:r> ~~
<br /> (f) I--' Cf)
<br /> I--' ;::><;
<br /> :r>
<br /> I--' -........ <.11.....
<br /> C".,) <.tl -t;z
<br /> <.tl 0
<br />200603554
<br /> Space Above This Line For Recording Data
<br />
<br />I\,)
<br />s
<br />cSl
<br />m
<br />s
<br />(,oJ
<br />CJ"I
<br />CJ"I
<br />.f:>.
<br />
<br />o Master form recorded by _ _ __ __ __ __ ___ n_ __ _ __ __ ___
<br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />The parties and their addresses are:
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />20, 5-0
<br />
<br />A'p':r;. _~~L _~()()6
<br />
<br />TRUSTOR:TERRY L BABCOCK and TRACY L BABCOCK, HUSBAND AND WIFE
<br />
<br />41 KUESTER LAKE
<br />Grand Island, NE 68801
<br />o 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 />
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />
<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 TWENTY (20), HAVING A LAKEFRONT FOOTAGE ON ONE HUNDRED (100') FEET, SITUATED
<br />ON THE EAST SIDE OF THE EAST PORTION OF KUESTER LAKE, AND BEING ON A PART OF THE
<br />EAST HALF OF THE SOUTHWEST QUARTER(El/2SW1/4) OF SECTION THIRTEEN (13), TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE NINE (9), WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in _ __ ..
<br />
<br />H21.~! _ __ __ ___
<br />(County)
<br />__ __ __ __ _ __ __ __ _ __ n __ _ , J~J;:21.~4_~~!an<;i_ __ __ _ , Nebraska ~~~Q!___
<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 />
<br />at 4J._ ~_S_~E:R ~ _ _ _ __
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $ _s_o_,OO_Q '- QQ _ _ _ _ . _ _ _ _ _ _ .__ . 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 />
<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(ies) 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 04/12/2006
<br />
<br />NEBRASKA. HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI
<br />~ 0 1994 Bankers Systems, Inc" St. Cloud, MN Form OCP-REDT-NE 5/10/2005
<br /><8 -C465(NEI (0506) VMP Mortgage Solutions, Inc.
<br />(I)
<br />
<br />4
<br />
<br />I
<br />
<br />(P~
<br />
|