|
<br />I\.)
<br />s
<br />S
<br />--...J
<br />S
<br />~
<br />S
<br />CD
<br />~
<br />
<br />
<br /> :lO n S
<br /> m :J: ~f
<br /> ."
<br /> C m :~"...j1
<br /> Z n :r '~'::,:....J C") (P
<br />n " ".~
<br />R c "-..., ~ 0 --j
<br />X ~ ~t i"" C ~
<br />m ,.- ::3 -~ -I
<br />n 'N " = ......
<br /> ~ ~....... --j r-rl
<br />~ ::c n"i .....1 -c ~~
<br /> , - -<
<br /> () 4"") ~; ."'..... c:
<br /> o~1: r',) c, -,-,
<br /> I---" "'r1 -
<br /> .,., z ~I
<br /> -,I
<br /> c' (,J' I ("'7"1
<br /> fT: 14' ::n 1-,.. tXJ
<br /> (11 ::3 ..- ::"!:J
<br /> 0 f r :r,.
<br /> (Jl \' I---" (j)
<br /> ~ 0 ^
<br /> po
<br /> c.n --...---...-
<br /> 0 (j) -L:~
<br /> (j)
<br />
<br />)
<br />'~
<br />~ '
<br />~'\ ",
<br />~
<br />\",
<br />t,
<br />
<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />__ D Construction S~urity Agreement
<br />D Master form recorded by __ __ __ __ __ __ __ __ __ __ __ __ __ __ _ _ _ __ __.. __ __ _ _ _ ,,__ _ _ _ _ __ __ __ __ __ __ __
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May_ll, 2007_ _ _ _ _ _ _ _ _ _ _ _ _ _,
<br />The parties and their addresses are:
<br />
<br />\;
<br />~
<br />
<br />TRUSTOR:STEVEN T SHELTON, HUSBAND AND WIFE and SHERYL A SHELTON, HUSBAND AND WIFE
<br />
<br />3417 ANDREW AVE
<br />GRAND ISLAND, NE 68801
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TR USTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT FIFTEEN (15) IN SASS'S SECOND SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br />
<br />COUNTY, NEBRASKA
<br />
<br />The property is located in _,
<br />
<br />n_ _ _ _ _ _IJ~!!_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _, at J~)'J_ ~.REW AVE; _ _ _ _ _ _ _ _ _ __
<br />(County)
<br />"__ __ __ __ __ __ __ __ __ __ _ __ __ __ __ __ _ __ __ __ __Gz::an<;i IS~~I1<;i__ __ __ __ _ , Nebraska __ __ ~11119:L__,
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />shall not exceed $_5,OQO, '- Q 0 __ __ _ _ _ _ _ _ _ _ _ _ _' This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 05/11/2007
<br />
<br />C-07-0S-11-000056
<br />(page 1 of 4J
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />~~ 0 1994 Bankers Systems, Ine., SI. Cloud, MN Form OCP-REOT-NE 5/1 0/2005
<br />~ -C465(NE) 10506) VMP Mortgage Solutions, Inc.
<br />
|