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Loan No.: 000686035701
<br />Loan Product: Interest Only Equity Line
<br />"1 s, .sa
<br />DEED OF TRUST AND ASSIGNMENT OF RENTS
<br />MIN 100037506860357012 .
<br />THIS DEED OF TRUST AND ASSIGLI NT OF RENTS, as amended and extended (this "Deed of
<br />Trust'), is signed to secure advances under a GMAC Mortgage, LLC Home
<br />Equity Line of Credit Agreement, as amended or extended (the "Agreement "); it is dated as of April 5, 2007 and is an
<br />agreement among
<br />Lucia V. Rodriguez and Francisco Rodriguez, husband and wife
<br />who reside(s) at 1414 East 7th Street, Grand Island, NE 68801 -2922 as the grantor(s); and
<br />Old Republic National Title Insurance Company, 400 Second Avenue South, Minneapolis, MN 55401
<br />as the Trustee; and GMAC Mortgage, LLC , organized and existing under the laws of
<br />Delaware , 7 Carnegie Plaza, Cherry Hill, NJ 08003 (herein "LENDER "),
<br />as beneficiary and The Mortgage Electronic Registration Systems Inc. PO Box 2026 Flint, MI 48501 -2026 (MERS) also beneficiary
<br />acting solely as a nominee for LENDER and LENDER's successors and assigns under this Deed of Trust.
<br />Throughout this Deed of Trust, "we ", "us" and "our" refer to grantor(s). "LENDER" refers to or its assigns. The "Account"
<br />refers GMAC Mortgage, LLC to the Home Equity line of credit account
<br />established by LENDER under the Agreement. "Trustee" refers to the trustee identified above, or any substitute trustee. "Borrower"
<br />refers to each person who signs the Agreement as borrower. The Agreement and this Deed of Trust, taken together, are called the
<br />"Credit Documents ". "Signer" refers to any person (other than LENDER) who has signed a Credit Document.
<br />DESCRIPTION OF SECURITY
<br />By signing this Deed of Trust, we irrevocably grant, bargain, sell and convey to Trustee, in trust, with power of sale, (a) the
<br />real estate located at 1404 East 7th Street, Grand Island County of Hall ,
<br />State of Nebraska 68801-2922 , more fully described in Schedule A; (b) all buildings and other structures on the property; (c)
<br />all rights we may have in any road, alley, easement or license regarding the property or in any mineral, oil, gas or water which is part
<br />of the property; (d) all rents and royalties from the property; (e) all proceeds of any insurance on the property and all refunds of
<br />premiums on such insurance; (f) all proceeds of any taking (or threatened taking) of the property by any governmental authority
<br />( "condemnation "); and (g) all fixtures on the property at any time (collectively, the "Property ").
<br />The Property includes all rights and interests which we now have or which we may acquire in the future. For example, if the
<br />security mortgaged under this Deed of Trust is a leasehold estate and we subsequently acquire fee title to the Property, the rights and
<br />interests granted to MERS acting solely as a nominee for LENDER by this Deed of Trust will include the fee title that we acquire.
<br />This Deed of Trust is also a Security Agreement under the Nebraska Uniform Commercial Code and we hereby grant MERS acting
<br />solely as a nominee for LENDER a security interest in the personal property described in (d) through (g) above. This Deed of Trust
<br />also constitutes a financing statement filed as a fixture filing in the official records of the county recorder of the county where the
<br />Property is located, with respect to any and all fixtures included within the term "Property" and with respect to any goods or other
<br />personal property that may now or hereafter become part of such fixtures.
<br />SECURED OBLIGATIONS
<br />We have signed this Deed of Trust to secure payment to LENDER by Borrower of up to $ 15,000.00 , plus
<br />FINANCE CHARGES and any other amounts due LENDER under the Agreement (the "Total Balance Outstanding "), and to secure
<br />performance by Borrower under the Agreement and our performance of the covenants of this Deed of Trust (collectively, the "Secured
<br />Obligations ").
<br />Initial �.
<br />GMAC-NE (rev 10/06)
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<br />BY:
<br />REAMNG REQUESTED
<br />When recorded ma'dto:
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<br />FIRST AMERICAN TITLE INSURANCE
<br />CA
<br />LENDERS ADVANTAGE
<br />1100 SUPERIOR AVENUE, SUITE, 200
<br />CLEVELAND, OHIO 44114
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<br />ATTN. FT1120
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<br />Assessor's Parcel Number:
<br />Loan No.: 000686035701
<br />Loan Product: Interest Only Equity Line
<br />"1 s, .sa
<br />DEED OF TRUST AND ASSIGNMENT OF RENTS
<br />MIN 100037506860357012 .
<br />THIS DEED OF TRUST AND ASSIGLI NT OF RENTS, as amended and extended (this "Deed of
<br />Trust'), is signed to secure advances under a GMAC Mortgage, LLC Home
<br />Equity Line of Credit Agreement, as amended or extended (the "Agreement "); it is dated as of April 5, 2007 and is an
<br />agreement among
<br />Lucia V. Rodriguez and Francisco Rodriguez, husband and wife
<br />who reside(s) at 1414 East 7th Street, Grand Island, NE 68801 -2922 as the grantor(s); and
<br />Old Republic National Title Insurance Company, 400 Second Avenue South, Minneapolis, MN 55401
<br />as the Trustee; and GMAC Mortgage, LLC , organized and existing under the laws of
<br />Delaware , 7 Carnegie Plaza, Cherry Hill, NJ 08003 (herein "LENDER "),
<br />as beneficiary and The Mortgage Electronic Registration Systems Inc. PO Box 2026 Flint, MI 48501 -2026 (MERS) also beneficiary
<br />acting solely as a nominee for LENDER and LENDER's successors and assigns under this Deed of Trust.
<br />Throughout this Deed of Trust, "we ", "us" and "our" refer to grantor(s). "LENDER" refers to or its assigns. The "Account"
<br />refers GMAC Mortgage, LLC to the Home Equity line of credit account
<br />established by LENDER under the Agreement. "Trustee" refers to the trustee identified above, or any substitute trustee. "Borrower"
<br />refers to each person who signs the Agreement as borrower. The Agreement and this Deed of Trust, taken together, are called the
<br />"Credit Documents ". "Signer" refers to any person (other than LENDER) who has signed a Credit Document.
<br />DESCRIPTION OF SECURITY
<br />By signing this Deed of Trust, we irrevocably grant, bargain, sell and convey to Trustee, in trust, with power of sale, (a) the
<br />real estate located at 1404 East 7th Street, Grand Island County of Hall ,
<br />State of Nebraska 68801-2922 , more fully described in Schedule A; (b) all buildings and other structures on the property; (c)
<br />all rights we may have in any road, alley, easement or license regarding the property or in any mineral, oil, gas or water which is part
<br />of the property; (d) all rents and royalties from the property; (e) all proceeds of any insurance on the property and all refunds of
<br />premiums on such insurance; (f) all proceeds of any taking (or threatened taking) of the property by any governmental authority
<br />( "condemnation "); and (g) all fixtures on the property at any time (collectively, the "Property ").
<br />The Property includes all rights and interests which we now have or which we may acquire in the future. For example, if the
<br />security mortgaged under this Deed of Trust is a leasehold estate and we subsequently acquire fee title to the Property, the rights and
<br />interests granted to MERS acting solely as a nominee for LENDER by this Deed of Trust will include the fee title that we acquire.
<br />This Deed of Trust is also a Security Agreement under the Nebraska Uniform Commercial Code and we hereby grant MERS acting
<br />solely as a nominee for LENDER a security interest in the personal property described in (d) through (g) above. This Deed of Trust
<br />also constitutes a financing statement filed as a fixture filing in the official records of the county recorder of the county where the
<br />Property is located, with respect to any and all fixtures included within the term "Property" and with respect to any goods or other
<br />personal property that may now or hereafter become part of such fixtures.
<br />SECURED OBLIGATIONS
<br />We have signed this Deed of Trust to secure payment to LENDER by Borrower of up to $ 15,000.00 , plus
<br />FINANCE CHARGES and any other amounts due LENDER under the Agreement (the "Total Balance Outstanding "), and to secure
<br />performance by Borrower under the Agreement and our performance of the covenants of this Deed of Trust (collectively, the "Secured
<br />Obligations ").
<br />Initial �.
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<br />Loan No.: 000686035701
<br />Loan Product: Interest Only Equity Line
<br />"1 s, .sa
<br />DEED OF TRUST AND ASSIGNMENT OF RENTS
<br />MIN 100037506860357012 .
<br />THIS DEED OF TRUST AND ASSIGLI NT OF RENTS, as amended and extended (this "Deed of
<br />Trust'), is signed to secure advances under a GMAC Mortgage, LLC Home
<br />Equity Line of Credit Agreement, as amended or extended (the "Agreement "); it is dated as of April 5, 2007 and is an
<br />agreement among
<br />Lucia V. Rodriguez and Francisco Rodriguez, husband and wife
<br />who reside(s) at 1414 East 7th Street, Grand Island, NE 68801 -2922 as the grantor(s); and
<br />Old Republic National Title Insurance Company, 400 Second Avenue South, Minneapolis, MN 55401
<br />as the Trustee; and GMAC Mortgage, LLC , organized and existing under the laws of
<br />Delaware , 7 Carnegie Plaza, Cherry Hill, NJ 08003 (herein "LENDER "),
<br />as beneficiary and The Mortgage Electronic Registration Systems Inc. PO Box 2026 Flint, MI 48501 -2026 (MERS) also beneficiary
<br />acting solely as a nominee for LENDER and LENDER's successors and assigns under this Deed of Trust.
<br />Throughout this Deed of Trust, "we ", "us" and "our" refer to grantor(s). "LENDER" refers to or its assigns. The "Account"
<br />refers GMAC Mortgage, LLC to the Home Equity line of credit account
<br />established by LENDER under the Agreement. "Trustee" refers to the trustee identified above, or any substitute trustee. "Borrower"
<br />refers to each person who signs the Agreement as borrower. The Agreement and this Deed of Trust, taken together, are called the
<br />"Credit Documents ". "Signer" refers to any person (other than LENDER) who has signed a Credit Document.
<br />DESCRIPTION OF SECURITY
<br />By signing this Deed of Trust, we irrevocably grant, bargain, sell and convey to Trustee, in trust, with power of sale, (a) the
<br />real estate located at 1404 East 7th Street, Grand Island County of Hall ,
<br />State of Nebraska 68801-2922 , more fully described in Schedule A; (b) all buildings and other structures on the property; (c)
<br />all rights we may have in any road, alley, easement or license regarding the property or in any mineral, oil, gas or water which is part
<br />of the property; (d) all rents and royalties from the property; (e) all proceeds of any insurance on the property and all refunds of
<br />premiums on such insurance; (f) all proceeds of any taking (or threatened taking) of the property by any governmental authority
<br />( "condemnation "); and (g) all fixtures on the property at any time (collectively, the "Property ").
<br />The Property includes all rights and interests which we now have or which we may acquire in the future. For example, if the
<br />security mortgaged under this Deed of Trust is a leasehold estate and we subsequently acquire fee title to the Property, the rights and
<br />interests granted to MERS acting solely as a nominee for LENDER by this Deed of Trust will include the fee title that we acquire.
<br />This Deed of Trust is also a Security Agreement under the Nebraska Uniform Commercial Code and we hereby grant MERS acting
<br />solely as a nominee for LENDER a security interest in the personal property described in (d) through (g) above. This Deed of Trust
<br />also constitutes a financing statement filed as a fixture filing in the official records of the county recorder of the county where the
<br />Property is located, with respect to any and all fixtures included within the term "Property" and with respect to any goods or other
<br />personal property that may now or hereafter become part of such fixtures.
<br />SECURED OBLIGATIONS
<br />We have signed this Deed of Trust to secure payment to LENDER by Borrower of up to $ 15,000.00 , plus
<br />FINANCE CHARGES and any other amounts due LENDER under the Agreement (the "Total Balance Outstanding "), and to secure
<br />performance by Borrower under the Agreement and our performance of the covenants of this Deed of Trust (collectively, the "Secured
<br />Obligations ").
<br />Initial �.
<br />GMAC-NE (rev 10/06)
<br />3027u - 1 -
<br />
|