|
<br /> 10 n S g'
<br /> ::r: m :t: ;-'.......,:t
<br /> -n m (,~..> ~[
<br /> 0 c: n ::c r!';""...;:) ("") (i)
<br /> ~ Z --.1 C) -l
<br /> n '" ..........,,'.....' C l:~
<br /> ~ 0 ......_\"... ::3
<br /> ~ e " ..... --"'
<br /> m ~ :::0 = -~ fTl Clor
<br /> f fT1 s;\- -c
<br /> n (I) <:> C) -< c
<br />N ::c ,~
<br /> ~ ~....' ~ ......... 0 '1 ~i
<br />is U\ .::0 \ ...c
<br />is -r, '1
<br /> ._-
<br />-...,j ~ 0 0 r'~1
<br />is r'1 ~ --0 :r.~ t..;
<br />W >.\ ;:D
<br /> "1 ~ :3 r-
<br />ex> 0 r :r:.. :1
<br />ex> Vl ~ Ul
<br /><0 ......... ;::><;
<br /> ;:.
<br /> ......... ---- .......... <:o~
<br /> CO en
<br /> en
<br /> ."
<br /> DEED OF TRUST
<br />
<br />
<br />
<br />la, SO
<br />PARTIES: This Deed of Trust is made on 05/04/2007 among, the Grantor, ERIC D LORENZ and JERUSHA L LORENZ, 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 />Beneficiary, HOME FEDERAL SA VINGSAND LOAN ASSOCIATION OF GRAND ISLAND, a corporatiori 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: 3557 GRAHAM AVE, GRAND ISLAND, Nebraska 68803-6528
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT FIFTEEN (15), WESTROADS ESTATES THIRD SUBDIVISION, 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 dates thereof.):
<br />
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 05/04/2007
<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 May 15,2012 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 $31,855.92, 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 oftrust, 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 ofthe loan agreement containing the terms under which the interest rate may vary is attached to this deed oftrust 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 describe above signed by Borrower.
<br />
<br />
<br />~/~
<br />.' JERUSHAL LO Ni~
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 05/04/2007
<br />By ERIC D LORENZ and JERUSHA L LORENZ, HUSBAND AND WIFE
<br />
<br />My commission expires: p~ tfi(, 2A)oj fL rJ, k~
<br />
<br />GENERAl NOTARY. State of Nebra&ka
<br />CHRIS L KASKIE
<br />My Comm. Exp. Dec. 29, 2008
<br />
<br />
<br />(Notary Public)
<br />
|