|
<br />N
<br />is>
<br />is>
<br />co
<br />is>
<br />W
<br />co
<br />is>
<br />->.
<br />
<br />
<br />
<br />~-~,~-
<br />
<br />" ~'I
<br />} Cl ~
<br />~ ~'"
<br />~~10
<br />~<io~
<br />~W
<br />T7\~
<br />~...o
<br />~
<br />~
<br />.....
<br />I
<br />
<br /> ......., ~
<br /> c.:c:> 0 ljl
<br /> c....-:> 'C>
<br /> c:o 0 ....... iTI
<br />~f c:: ~ N
<br />:::3 z ....... :0
<br />= ~ rn 0 m
<br />m ~ -c:: -< t:J
<br />0- 0
<br />0 0 .." 0 )>
<br />...., U1 ....., :z: CO en
<br />Cl r :::t: nl Z
<br />m -0 ~ (rJ 0 C/)
<br />IT! :a r ::.0 53
<br />0 I > W
<br />Vl (j) Cl:) C
<br /> /""V ^ s::
<br /> > a m
<br /> f-a '--".......... ,~
<br /> w (J!) ......
<br /> (ri Z
<br /> lQ)
<br />
<br />~
<br />m
<br />~
<br />!~~
<br />
<br />~E
<br />O:J:
<br />'"
<br />
<br />
<br /><0
<br />
<br />Vv
<br /><:.)
<br />~
<br />'-tl
<br />
<br />LOAN NUMBER: 0166016574
<br />
<br />(Space Above This Line For Recording Data)
<br />
<br />DEED OF TRUST
<br />
<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 25, 2008. The grantor is JEFFREY D PALU,
<br />whose address is 4151 ELMWOOD, Grand Island, Nebraska 68803; and SUZANNE J PALU, HUSBAND
<br />AND WIFE, whose address is 4151 Elmwood, Grand Island, Nebraska 68803 ("Borrower"). Borrower is not
<br />necessarily the same as the Person or Persons who sign the Contract. The obligations of Borrowers who did not
<br />sign the Contract are explained further in the section titled Successors and Assigns Bound; Joint and Several
<br />Liability; Accommodation Signers. The trustee is TierOne Bank whose address is 1235 'N' St/ P.o. Box 83009,
<br />Lincoln, Nebraska 68501 ("Trustee"). The beneficiary is TierOne Bank, which is organized and existing under
<br />the laws of the United States of America and whose address is 1235 'N' St / PO Box 83009, Lincoln, Nebraska
<br />68501 ("Lender"). JEFFREY D PALU and SUZANNE J PALU have entered into a Equity - Line of Credit
<br />("Contract") with Lender as of April 25, 2008, under the terms of which Borrower may, from time to time, obtain
<br />advances not to exceed, at any time, a ***MAXIMUM PRINCIPAL AMOUNT (EXCLUDING
<br />PROTECTIVE ADV ANCES)*** of Seventy-three Thousand Two Hundred and 00/100 Dollars (U.S.
<br />$73,200.00) ("Credit Limit"). Any party interested in the details related to Lender's continuing obligation to make
<br />advances to Borrower is advised to consult directly with Lender. If not paid earlier, the sums owing under
<br />Borrower's Contract with Lender will be due and payable on April 15, 2013. This Security Instrument secures to
<br />Lender: (a) the repayment of the debt under the Contract, with interest, including future advances, and all
<br />renewals, extensions and modifications of the Contract; (b) the payment of all other sums, with interest, advanced
<br />to protect the security of this Security Instrument under the provisions of the section titled Protection of Lender's
<br />Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Contract. For this purpose, Borrower, in consideration of the debt and the trust herein created,
<br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br />the COUNTY of HALL, State of Nebraska :
<br />
<br />Address: 4151 ELMWOOD, Grand Island, Nebraska 68803
<br />Legal Description: LOT 9, WESTWOOD PARK FIFTH SUBDIVISION IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />Parcel ID/Sidwell Number: 400397900
<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 />P 1004.1007 Copyright Compliance Systems. Inc, D8IA-4EOB - 2008,01,166
<br />Consumer Real Esta.te - Security lnstrnment DL2036
<br />
<br />Page I of7
<br />
<br />www.(;(Irnpliancesystems.com
<br />gOO.968-85n - Fax 616-956-1868
<br />
<br />~.50
<br />3;:1'
<br />
|