|
<br />~
<br />~
<br />~
<br />~
<br />~
<br />
<br />N
<br />CJ'1
<br />
<br />:10
<br />m
<br />.,.,
<br />C
<br />n Z
<br />~~~
<br />R:r.:
<br />
<br />Q~
<br />m en
<br />n::x::
<br />'"
<br />
<br />r-v
<br />c;;:::::.
<br />c;:;:>
<br /><:r.>
<br />
<br />O(f)
<br />O-i
<br />c: ~
<br />z-i
<br />--1m
<br />-<0
<br />o .."
<br />""T1::z
<br />:::t: r;'j
<br />1> co
<br />r- ~
<br />Il>
<br />(n
<br />::><;
<br />l>
<br />.......................
<br />
<br />~-,
<br />~~\..
<br />c;) -
<br />
<br />o
<br />-.,.,
<br />
<br />
<br />~r
<br />
<br />tD
<br />U'l
<br />U1
<br />
<br />(n
<br />(f)
<br />
<br />:3
<br />=
<br />-c
<br />
<br />N
<br />is
<br />is
<br />en
<br />is
<br />~
<br />en
<br />01
<br />C$l
<br />
<br />~
<br />
<br />::0
<br />::3
<br />
<br />'------
<br />DEED OF TRUST
<br />
<br />~I
<br />~;r
<br />~f
<br />
<br />
<br />o r-to
<br />
<br />~
<br />
<br />/ CJ..,r 0
<br />PARTIES: This Deed of Trust is made on 04/24/2006 among, the Grantor, RICHARD J KOWALSKI and SUSAN M KOWALSKI,
<br />HUSBAND AND WIFE ("Borrower"),
<br />AREND R BAACK, ATIORNEY, 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: 217 ARAPAHOE, Grand Island, Nebraska 68803
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT ELEVEN (11) BLOCK FOUR (4) IN DALE ROUSH SECOND SUBDIVISION IN THE CITY OF GRAND ISLAND,HALL COUNTY,
<br />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 instrnme.nt~_and agreements s!:<;!!r!;cLby this deed _Qf tfl!.st and the dates th~r~~.):
<br />
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 04/24/2006
<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 if made on the date this deed of trust is executed.
<br />
<br />The above obligation is due and payable on April 26, 2016 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 $11,835.39, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perform any of the
<br />covenants contained in this deed of trust, with interest on such disbursements.
<br />o Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />o A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and
<br />made a part hereof.
<br />
<br />RIDERS: ASSIGNMENT OF RENTS
<br />
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i!:1ttached to this deed of trust and made a part hereof has
<br />D. b~en disclaimed; the disclaimer is attached to this deed of tmst and made II part h('r~of.
<br />
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in any riders described above signed by Borrower.
<br />
<br />f
<br />RICHARD J KOWALSKI
<br />
<br />~OA!1.~ ~~<~U~tl'\
<br />
<br />SUSAN M KOWALSKI
<br />
<br />~ t1J ~~~~. /
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 04/24/2006
<br />By RICHARD J KOWALSKI and SUSAN M KOWALSKI, HUSBAND AND WIFE
<br />
<br />
<br />~f2I~
<br />
<br />My commissio
<br />
<br />
<br />liNtIW.NulARY ~ S\l;Illl 01 Nebra$ka
<br />USA R. MAYER
<br />My comm. Exp. May 10, 2007
<br />
<br />(Notary Public)
<br />
|