|
<br /> ~ ;1Q n ()
<br /> m :x: )> "
<br /> -n m eft
<br /> ~ c: n ::t ......,
<br /> Z .;~';:) Q (J)
<br /> n '" <:::;> 0
<br /> c ~, c:;r, O~
<br /> {' ::E: ~ ~ ::0 c:::> N
<br /> m z-i
<br />I\.) n en --- ~~ --0 -irrt
<br />S :E: 0\ ;:;0 0 (:-
<br />s t ,.. ~~ -<0
<br />(j) (j) N 0"" 0
<br />Sl ..- "z -
<br /> (} "Tl ::s
<br />W ~ en i
<br />01 0 ::r: fT1
<br />01 m ::n l>CO 0
<br />ex> m l :::3 r- ;z::l
<br /> 0 I l> t....)
<br /> (j) ..- (J)
<br /> ..- ;;00; en
<br /> > en _.
<br /> ..- -- :2
<br /> w (J) ''I';,CJ:(Al '("
<br /> (J)
<br />DEED OF TRUST
<br />
<br />
<br />
<br />PARTIES: This Deed ofTrust is made on 04/10/2006 among, the Grantor, MITCHELL J KENDALL, A SINGLE PERSON ("Borrower"), /~J'o
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION 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: 605 S STUHR ROAD, Grand Island, Nebraska 68801
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />SEE ATTACHED EXHIBIT A
<br />
<br />Located in Hall County, Nebraska.
<br />TITLE: 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 />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/10/2006
<br />
<br />. 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 ifmade on the date this deed of trust is executed.
<br />
<br />The above obligation is due and payable on October 11, 2006 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 $100,098.71, 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!:lttached to this deed of trust and made a part hereof has
<br />o been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in any riders described above signed by Borrower.
<br />
<br />&~~/~
<br />MITCHELL J DALL
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 04/10/2006
<br />By MITCHELL J KENDALL, A SINGLE PERSON
<br />
<br />My commission expires: I (01- '5' ( 0"
<br />
<br />
<br />GENERAl. NOTARY. State Of Nebraska
<br />JUSTIN GRAYBILL
<br />r.tt Comm. Ellp. JaI. 28. -
<br />
<br />1:1:, ~^JR.;JQ
<br />/
<br />
<br />(Notary Public)
<br />
|