|
<br /> G) ti' ~\ ! ;0 (') n ~ ~I
<br /> ~ (7,) VI
<br /> m :J: )> <=.:> c:>
<br /> ." -..:l 04
<br /> ~(7\)~ ~ c:: m en ~.l., C;:;:J>'
<br /> Z () :I ~ ~' CJ") Z-l N
<br /> ~ ",. 0 , n 7\ ,"I -in; [
<br />N :x: n 0 :~- -0 0
<br />is '''': ~ ,. m )> ~ -< C)
<br />CSl ~ }J ~\ n (n N C> ., C) ?:
<br />--...J -C
<br />is '" :J: .." "Z -.J
<br />OJ ~. ~ t;:;l t~ ::z:: P1 -
<br />...... ~ ~ j rt1 ~l -0 :t>- CD 0 :::J
<br /><0 m :3 r ;0 g
<br />--...J ;0 J C> ~ r- l> (X)
<br /> (',fr) (J)
<br /> I-' ;:>0:; I-' i
<br /> Il' l>
<br /> ...:::: .............,'~ CD
<br /> (;'. Cf1 <In -.J
<br /> "'C Gn Z
<br /> ~
<br /> N 0
<br /> ~
<br /> "'l
<br /> ~
<br /> _.~.,._~-~
<br /> (Space Above This LilK' For Recording Data) 36. oi)
<br /> LOAN NUMBER: 0166015626
<br />
<br />
<br />
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />
<br />THIS DEED OF TRUST ("Sa:urity Instrument") is made on September 20, 2007. The grantor is ROGER L
<br />OTTE and ARDIS E OTTE, HUSBAND AND WIFE, whose address is 2310 N HUSTON AVE, Grand Island,
<br />Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Contract. The obligations of Borrowers who did not sign the Contract are explained further in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is
<br />TierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 . ("Trustee"). The
<br />beneficiary is TierOne Bank, which is organized and existing under the laws ofthe United States of America and
<br />whose address is 1235 'N' St / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). ROGER LOTTE and
<br />ARDIS E OTTE have entered into a Equity - Line of Credit ("Contract") with Lender as of September 20,2007,
<br />under the terms of which Borrower may,from time to time, obtain advances not to exceed, at any time, a
<br />***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE AnV ANCES)*** of Twenty-five
<br />Thousand and 001100 Dollars (U.S. $25,000.00) ("Credit Limit"). Any party interested in the details related to
<br />Lender's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not
<br />paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on September 15,
<br />2012. This Set.'Ufity Instrument secures to Lender: (a) the repayment of the debt Wider the Contract, with interest,
<br />induding future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all
<br />other sums, with interest, advanced to protect the security of this Security Instrument Wider the provisions of the
<br />section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants
<br />and agreements lUlder this Security Instrument and the Contract. For this purpose, Borrower, in consideration of
<br />the debt and the trust herein created, irrevocably grants and conveys to Tmstee, in trust, with power of sale, the
<br />following described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 2310 N HUSTON AVE, Grand Island, Nebraska 68803
<br />Legal Description: THE SOUTH 23 FEET OF LOT ELEVEN (11), AND THE NORTH 27 FEET OF
<br />LOT THffiTEEN (13), BLOCK THIRTEEN (13), COLLEGE ADDITION TO WEST LAWN,
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />ParcellD/Sidwell Number: 400034352
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the
<br />"Property. "
<br />
<br /><02004.2007 Copyright Compliance SY'teml. Inc. 8C9C-AAFF - 2007.01.1.01
<br />Con:mrncrRcal Estate. Security Jmt.~t DL2036
<br />
<br />Pall" 1 of7
<br />
<br />www.ClOJ:ll.plili.ncelIysterns_com
<br />800.%8.8522. Fox 616-956-1868
<br />
|