|
<br />I\.)
<br />lSl
<br />lSl
<br />-..J
<br />lSl
<br />lSl
<br />I\.)
<br />W
<br />lSl
<br />
<br />
<br />~
<br />~
<br />~
<br />1'\
<br />t
<br />
<br />;0
<br />m
<br />-n
<br />c:
<br />n Z
<br />~~~
<br />nc.n
<br />1I\iX
<br />
<br />_.
<br />C)
<br />1\
<br />o
<br />
<br />"""'"
<br />o
<br />trl
<br />CD
<br />
<br />(fl
<br />(fl
<br />
<br />Q~
<br />m en
<br />n:x:
<br />;I:;
<br />
<br />r---.,
<br /><=J
<br />c::.
<br />--.:lI
<br />
<br />C"_
<br />=0
<br />:z:
<br />
<br />~
<br />o
<br />
<br /><:') (fl
<br />0-1
<br />cl:>-
<br />z-l
<br />-lfTl
<br />-<0
<br />o .."
<br />""z
<br />XfTl
<br />J> (D
<br />r- ::0
<br />r-J>
<br />(fl
<br />;;><;
<br />J>
<br />
<br />"-. '
<br />
<br />;:u ~---\:
<br />nl
<br />"-,,
<br /><.
<br />o
<br />..."
<br />
<br />~
<br />t
<br />
<br />o
<br />fTl
<br />fTl
<br />o
<br />(J)
<br />
<br />:n
<br />::3
<br />
<br />--.......
<br />
<br />DEED OF TRUST
<br />
<br />~I
<br />
<br />OGr
<br />
<br />~I
<br />
<br />02
<br />o
<br />
<br />/0,50
<br />PARTIES: This Deed of Trust is made on 12/11/2006 among, the Grantor, RONALD E POWERS and LADONNA R POWERS, HUSBAND
<br />AND 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 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: 587 E CAPITAL AVENUE, Grand Island, Nebraska 68801-2413
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />THE NORTHERLY ONE HUNDRED EIGHTY THREE AND FOUR TENTHS FEET (183.4') OF LOT ELEVEN (11) OF GEER
<br />SUBDIVISION OF LOTS 6,7, AND 9 OF GARRETT'S SUBDIVISION OF PART OF E 1/2 OF SECTION 9, TOWNSHIP 11 NORTH,
<br />RANGE 9 WEST OF THE SIXTH PRINCIPAL MERIDIAN.
<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 convenmlts 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 12/11/2006
<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 oftrust is executed.
<br />
<br />The above obligation is due and payable on December 10,2010 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 $3,939.89, 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 an iders described abov igned by Borrower.
<br />
<br />
<br />~YVr'Q ~ ~.
<br />LADONNA R POWERS
<br />
<br />. .-/
<br />~
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 12/11/2006
<br />By RONALD E POWE?' d LAD NNA R POWERS, HUSBAND,A:
<br />.. 7/c::J /. / //
<br />Mycom . /-L
<br />
<br />
<br />
<br />Notary Public)
<br />
|