|
<br />~1i;:-
<br />GJ~ ~ e n s;
<br />~~ :J: r-.;) I
<br /> m VI ~ ("") (fl
<br />~~~ C n :J: c::;> 0-1 c:>
<br /> Z -...::
<br />n '" ::>, C 10>- N
<br />N~n. ~ no = ::z.: -i
<br />>~ :::u f' ~J --I rn 0
<br />t., ~ ~ n en m ~ --l -<0
<br />J:r-~- ;;-;; ::z:: ~~{- o~ C) ~
<br /> 0
<br />~ -C "'""lz -J
<br /> '"Tl
<br />~ tJ) t)- ...,..- rq -
<br />~ 0 ~ C~J c:> I
<br /> 0 r1"1 ( :n .. :::0
<br /> m ::3 co
<br /> Cl .. J>
<br />Q-..... (/J ~ (fl c..n
<br /> ::::-:;
<br />...... C) p en
<br />~ -L .......---
<br />t" co (.[). -C
<br /> (fl. ~.
<br />
<br />I\..)
<br />iSl
<br />iSl
<br />-.....J
<br />iSl
<br />OJ
<br />en
<br />en
<br />.t>.
<br />
<br />DEED OF TRUST
<br />
<br />/c; -Jib
<br />PARTIES: This Deed of Trust is made on 09/07/2007 among, the Grantor, STEPHEN K BURKHOLDER and TINA R BURKHOLDER,
<br />HUSBAND AND 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 SAVINGS AND LOAN ASSOCIATION 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: 1710 RIO GRANDE CIR, GRAND ISLAND, Nebraska 68801-7567
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT EIGHT (8), MORNINGSIDE ACRES SUBDIVISION, IN THE CITY OF GRAND ISLAND, 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, cxtensions 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 />II A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 09/07/2007
<br />
<br />II 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 oftrust is executed.
<br />
<br />The above obligation is due and payable on September 17,2014 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 $43,602.72, 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 of trust, 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 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 iUttached 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 oftrust, including those on page
<br />2, and in anY~'ders describ~.a~~e s~fntd j~n Borrower.
<br />
<br />_ f.......- ~ ~n'-;( ~-'-11~C,,)
<br />STEPH N K BURKHOLDER TINA R BURKHOLDER
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 09/07/2007
<br />By STEPHEN K BURKHOLDER and TINA R BURKHOLDER, HUSBAND AND WIFE
<br />
<br />~RCt
<br />
<br />My commission expires: ,.2'4- 2..0\\
<br />
<br />(Notary Public)
<br />
<br />GENERAl.. NOTAIlY. SIa1B of Nebraska
<br />ANTHONY R. CHAPMAN
<br />My QM. er,. March 24, 2011
<br />
|