|
<br />
<br /> 10 Q ~
<br /> m
<br /> ."
<br /> c: m en
<br />(') Z n ::t: ''''
<br />~ 0 ;.; I::"-:'~ 0 (J1
<br />X C~,=>
<br />!or en C> --j
<br />m '-. c::l>
<br />n en ...-):~, <"- :z -;
<br />'" :z:: ;:g ~\.-'. = -1 rrl
<br /> C) r- -<
<br /> G <-. 0
<br /> G o'~ c.....:l 0"
<br /> ~ ., ."
<br /> ...,., tl~ -
<br /> 0 ::r: P1
<br /> m l ::0 :t:>- G')
<br /> m :::3 I :::0
<br /> 0 r l>
<br /> (f> f-'-> Cf>
<br /> S) ::><:
<br /> l>
<br /> U1 ....................
<br /> 0) en
<br /> (J')
<br />
<br />N
<br />S
<br />S
<br />en
<br />s
<br />en
<br />-....J
<br />CJ'1
<br />N
<br />
<br />DEED OF TRUST
<br />
<br />n1
<br />::J
<br />or
<br />N~
<br />C) G:-
<br />
<br />o_
<br />
<br />~~
<br />~jit
<br />~i
<br />
<br />-'
<br />-
<br />C
<br /><::::>
<br />
<br />PARTIES: This Deed of Trust is made on 07/24/2006 among, the Grantor, MICHIAL D NIELSEN and LINDA J NIELSEN, HUSBAND AND
<br />WIFE ("Borrower"),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the
<br />Beneticiary, 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 re<;eived, 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: 305 N CHURCH RD, Doni pha~ebraska 68832
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />THE SOUTH 68.0 FEET OF LOTS FOUR (4) AND FIVE (5) BLOCK TWO (2), WILLIAM BURGER'S ADDITION TO THE VILLAGE OF
<br />DONIPHAN, HALL 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 daks thereof.):
<br />
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 07/24/2006
<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 July 27,2009 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 $2,556.00, 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 />DESIGNA nON OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead iClttached 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 />~d~~~
<br />LIN AJNI L EN . ....
<br />
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed oftrust, including those on page
<br />2, and in any ride~s described a. bove S~gne.d? Borrower.
<br />
<br />~~#~4U
<br />MICHIAL D NIELSEN
<br />
<br />GENERAl NOTARY. Slate of Nebraska
<br />JUSTIN GRAYBILL
<br />My Convn. E.xp. Jill. 28. 2009
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 07/24/2006
<br />By MICHIAL D NIELSEN and LIN~A J NIELSEN, HUSBAND AND WIFE
<br />
<br />My ,omm;,,;on oxp;''''' ( /; 5 /07 /.;t..~ ~
<br />
<br />/
<br />
<br />(Notary Public)
<br />
|