|
<br /> 10 n E j.'''~..::' ~i
<br /> ~ ~' ,..~':::.> (""") UJ
<br /> m % ,=
<br /> "" m '-., c;r., 0 --l
<br /> c: n :J: "- c:.::::> c 1>
<br /> ~ Z f".". . Z --l
<br /> n ~ 7:~ \, -:-:> -j m
<br /> % E c n'j ~>~,: ~ -<
<br /> ~ (,.) CI C)ai'
<br />N ~ m "'1.(-- C) "
<br />n G ' ,"
<br /><Sl ~ % " -rl N --;'") z ~J
<br /><Sl C) t!', --" rfl
<br />0) g .", \ ~'>> ~'"t,)
<br /><Sl ~ r'l r, ' ::0
<br /> Pl l ::3 r-- :;u
<br />CO <::~) r :r>-
<br />-....J (f'J Ul
<br />~ f--1 ~i
<br />-" I---' ;;><;
<br /> l>
<br /> N ---- '-"
<br /> C) Ul t-~
<br /> en
<br />
<br />
<br />
<br />DEED OF TRUST
<br />
<br />/0.,5 "
<br />PARTIES: This Deed of Trust is made on 09/12/2006 among, the Grantor, HIGH ROAD, LLC, A Nebraska Limited Liability Company
<br />("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 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: 104 E 9TH ST, Grand Island, Nebraska 68801
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT FIVE (5), BLOCK THIRTEEN (13), IN RUSSEL WHEELER'S ADDITION TO 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 instruments and agreements secured by this deed of trust and the dates thereof.):
<br />
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 09/12/2006
<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 September 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 $30,073.50, 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 />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 ove signed by Borrower.
<br />"
<br />
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 09/12/2006
<br />By GARY JEWELL, PRESIDENT FOR HIGH ROAD, LLC
<br />
<br />Myoommi"ionexpire, .,t..t.!lno7 ~ \2, ~
<br />
<br />
<br />GENERAL NOT MY. Stale of Nebraska
<br />ANTHONY R CHAPMAN
<br />My Comm. Exp. Man:ll24, 2007
<br />
<br />(Notary Public)
<br />
|