|
<br /> ~~~ ;0 n ~
<br /> m %
<br /> ~ m en
<br /> [~~ Z (') :x:
<br /> n ~ ;"'-......;) ~f
<br /> ~ 0 ("::",J.
<br /> % "'::.:) 0 (n
<br /> ~ ~ ~ 0 "-1
<br /> t~r (I) ,...... :3 c:: !:>-
<br />I\.) ?IIi :c CO ::-.r,::; I'. " :z ......
<br /> =
<br />e r""~ ~t -c: -l rr'l
<br />e ,:,.-) --< C)
<br />-.....J 0 ,~ \<~'""~ N 0 ....,.1 aG:-
<br />e -'1 U"I .,
<br />+:>. -..' ~~~ ~J
<br />I\.) c., I", ~.: r"'I'l
<br /> '-.,..,"\
<br />-.....J ('q ~\ :n ;:~... D.J
<br />O':l ~ P"l ::::3 r AJ
<br /> CJ t -.
<br /> (fJ r ~
<br /> ~ ,........ Ul ~i
<br /> 1,-" ;;><:;
<br /> ~ \' J>
<br /> ~ a --
<br /> "'0 c..n Vl 0)2
<br /> ~ {fl
<br /> -.".---. .. f" 0
<br /> DEED OF TRUST
<br />
<br />
<br />
<br />PARTIES: This Deed of Trust is made on 05/14/2007 among, the Grantor, DENNIS D STARK and BARBARA J STARK, 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 VINaS AND LOAN ASSOCIA nON 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: 3460 N WEBB RD, Grand Island, Nebraska 68803
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />Part ofthe Northeast Quarter (NEI/4) of' the Southeast Quarter (SE1/4) of Section Thirty-Six (36), Township Twelve (12) North, Range
<br />Ten (10) West of the 6th P.M., Hall County, Nebraska more particularly described as follows:
<br />Beginning at a point on the east line of said Section Thirty-Six (36), said point being Three Hundred Ninety-Nine and Forty-Eight
<br />Hundredths (399.48) feet North of the Southeast comer of said Northeast Quarter of the Southeast Quarter (NE I /4SE 1/4); thence
<br />northerly along the east line of said Section Thirty~Six (36), a distance of One Hundred Thirty (130.0) Feet; thence deflecting left
<br />89056'30" and running westerly, a distance of Two Hundred Seventy-Eight (278.0) Feet; thence southerly parallel to the East line of said
<br />Section Thirty Six (36), a distance of One Hundred Thirty (130.0) Feet; thence deflecting left 89056'30" and running easterly, a distance
<br />of Two Hundred Seventy~Eight (278.0) feet to the place of beginning.
<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 perfonnance of the convenants and agreements
<br />contained in this dccd of trust and in any other document incorporated herein. Secured debt, as used in this dccd 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 />III A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 05/14/2007
<br />
<br />III 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 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 $6,492.58, plus
<br />interest, plus any amounts disbursed under the tenns 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 tmst, 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 any riders described above signed b JJorrower.
<br />
<br />
<br />B~~~~~
<br />
<br />DENNIS D STARK
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was ac ledged before me on 05/14/2007
<br />By DENNIS D STARK and B ARA J STARK, HUSBAND AND
<br />
<br />)cJ/t/
<br />
<br />My commission expire .
<br />
<br />
<br />
<br />j;., GENERAL NOTARY - StoIc of Nebraska
<br />I:ml MEGAN D. FREDERIKSEN
<br />...~t~ My Comm. Exp. April 6, 2010
<br />../. ..........
<br />
<br />otary Public)
<br />
|