|
<br /> 1Q
<br /> m
<br /> ~ "'"
<br /> c:
<br /> ~ n Z
<br /> % ~ 0
<br /> ~ m ,en
<br />N n "
<br />I$)
<br />I$) ~ ,.,. :x
<br />Q')
<br />I$) ~
<br />.j::>.
<br />.j::>. -.
<br />(JJ
<br />(JJ
<br />
<br />
<br />Q~
<br />m (Il
<br />n:x:
<br />:x:
<br />
<br />~
<br />
<br /> r-,.;, ~I
<br /> ""'" n(J)
<br /> c::::>
<br />~~ cr.> 0-4
<br />=.3 c:: ~
<br />= Z-l
<br />-<:: -irTl ~r
<br />....."f N -<0
<br />o - o .."
<br />...,., N "z
<br />CJ r :r rTl
<br />,." ::n ):> co
<br />,."
<br />I::) :3 r- ::0
<br />U> r-:x>
<br /> ....... (J)
<br /> 0 ^
<br /> J> 01'"
<br /> c.,:, --
<br /> 01 c.n c.n~
<br /> <n
<br />
<br />-----nEED ~rRUST
<br />
<br />PARTIES: This Deed of Trust is made on 05/09/2006 among, the Grantor, ROBERT L SCHAAF and LISA K SCHAAF (GREEN),
<br />HUSBAND & WIFE ("Borrower"),
<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 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: 422 EAST 11 TH ST, GRAND ISLAND, Nebraska 6880 I
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT TEN (10), BLOCK THIRTY-SEVEN (37) IN RUSSEL WHEELER'S ADDITION, TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<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 />III A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 05/09/2006
<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 May 15,2009 ifnot paid earlier.
<br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $2,297.56, 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 />
<br />2, and i~ir~fVO ,;gnod by Borrower. ~ ;:.Je
<br />
<br />OBERT L SCHAAF C' ~ LISA K SCHAAF (G~tI---
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was ac wledged before me on 05/09/2006
<br />By ROBERT L SCHAAF and K SCHAAF (GREEN), HUSBAND
<br />
<br />My commission expires'
<br />
<br />
<br />GENERAl. NOTARY .. StaIB of Nebraska
<br />MEGAN 0. FREDERIKSEN
<br />My Comm. Exp. ApnI6. 2010
<br />
|