|
<br />N
<br />is
<br />S
<br />Q:l
<br />S
<br />W
<br />01
<br />00
<br />N
<br />
<br />,. '~'~1i>'~1.~('jJ"~,,J:"4'u: "';"-+":'~:"'<i;../ilL~:', _ '
<br />
<br /> r'~,' m~
<br /> C~ (") (J) q
<br /> <.::::>
<br /> ClO 0 -i
<br /> "' CJ>
<br /> ..-"::,~ -:r:: Z -i r'\;)
<br />.') \':.'l '. -0 -l rT1 0 :0
<br />;:'1 ~ ;:;:c -< 0 IB'
<br />(."""') (;~ 0
<br />o<:::f N 0 ., :>
<br />CD ., -.'" ex:> CI>I
<br />..." "'-
<br />0 t' :r fT1 ~
<br /> ~'t --0 )> C::J 0
<br />reI :;l.J CIli
<br />m ::3 r (.....) :ti!
<br />0 r )>
<br />(fJ ~ (J) c..n c:
<br /> ...... :::><; 3:'
<br /> J> CO oj
<br /> ...... ................
<br /> Z
<br /> 0 (f) l""\) -Ii
<br /> (f) a
<br />
<br />t ~ ;::i
<br />~ ~
<br />() ~ l).
<br />~?(~
<br />~~'"
<br />~\'\J
<br />"' ~
<br />'()
<br />~,
<br />~
<br />~
<br />.
<br />
<br /> lIQ
<br /> m
<br /> 'TI
<br /> c:
<br />n Z
<br />::J: E 0
<br />~ !-!'
<br />~ :J:
<br /> ~
<br />
<br />~
<br />
<br />n~
<br />~(/)
<br />n::c
<br />~
<br />
<br />~
<br />I)
<br />""-tI
<br />
<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0166016573
<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 ("Security Instrument") is made on April 22, 2008. The grantor is William L McLellan
<br />and Jannan E McLellan, HUSBAND AND WIFE, whose address is 1606 Allen Ave, Grand Island, Nebraska
<br />68803 ("Borrower"). Borrower is not necessarily the same as the Person or Pcrsons who sign the Contract. The
<br />obligations of Borrowers who did not sign the Contract are explained further in the section titled Successors and
<br />Assigns Bound; Joint and Several Liability; Accommodation Signers. Thc trustee is TierOne Bank whosc
<br />address is 1235 'N' St 1 P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee"). The beneficiary is TierOne Bank,
<br />which is organizcd and existing under the laws of the United States of Amcrica and whose addrcss is 1235 'N' St
<br />1 PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). William L McLellan and Jannan E McLellan have
<br />entered into a Equity w Line of Credit ("Contract") with Lender as of April 22, 2008, undcr the terms of which
<br />Borrower may, from time to time, obtain advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL
<br />AMOUNT (EXCLUDING PROTECTIVE ADV ANCES)*** of Eighty-six Thousand One Hundred
<br />Seventy-five and 00/100 Dollars (U.S. $86,175.00) ("Credit Limit"). Any party interested in the details related to
<br />Lender's continuing obligation to make advances to Borrower is advised to consult dircctly with Lendcr. If not
<br />paid earlier, the sums owing under Borrower's Contract with Lcnder will be due and payable on April 15, 2013.
<br />This Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest,
<br />including future advances, and all rencwals, extensions and modifications of the Contract; (b) the payment of all
<br />other sums, with intcrest, advanced to protect the security of this Security Instrument under the provisions ofthe
<br />section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants
<br />and agreements under 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 Trustee, in trust, with power of sale, the
<br />following described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 1606 Allen Ave, Grand Island, Ncbraska 68803
<br />Legal Description: LOT TWENTY SIX (26), R & B SUBDIVISION, HALL COUNTY, NEBRASKA
<br />Parcel ID/Sidwell Number: 400160099
<br />
<br />TOGETHER WITH all thc 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 />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby convcyed and has the right to
<br />grant and convey the Property and that thc Property is unencumbered, except for encumbrances of record.
<br />
<br />@ 2004.2007 Copyr;ght CompJ;allee System,. Inc. D8 IA-175A - 2008.02.266
<br />Consumer Real Estate - Sl;:curity Instrument DL2036
<br />
<br />PSb'"C I of7
<br />
<br />www,complianccsystems.cotrl
<br />800-968-8522 - fax 616.956.1868
<br />
<br />35.50
<br />
|