|
<br /> ~ r-.:>
<br /> c::> a (f) 0
<br /> ~~ r '1' <=> C> ~ m
<br /> 10 , n E CD
<br /> m ~~ c:::> N ::z
<br /> ~~ t: ." ~ 3 z--1 rri
<br /> c: = --11T1 0
<br /> ~ ~ ~~ Z n :c -c: -<0 :0
<br />I\.) 0 '" ~ 0""" 0 m
<br /> ~ ;t-l I. e
<br />iSl ~ N "z co 6>
<br />iSl ....,
<br />~ ~ ~ ~, ncn r :r rq
<br />CO 1IIIi::r: ~. Cl c.:>
<br /><Sl ~.. '.(\ h .. r'Tl ::0 )> UJ Z
<br />.j::::.. ~. ~ t rTl ::3 ,;0 ..c
<br />iSl Cl rl> ~
<br />"'..J (fl ....... (f) 0
<br />01 ~ . ~ ~ =""
<br /> )> -.J C
<br /> It\ c.:> -......... s::
<br /> CD ()t U1 m
<br /> ~ (J) ~
<br /> ~ Z
<br /> (V 0
<br />
<br />
<br />
<br />'---
<br />
<br />1.I)!,)!,l.Iur-rRUST
<br />
<br />/t:> ,50
<br />
<br />PARTIES: This Deed of Trust is made on 05/01/2008 among, the Grantor, JASON MORLEDGE and LISA MORLEDGE, 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 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: 414 Ponderosa Dr, Grand Island, Nebraska 68803
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />Lot Two (2) Block One (1), Ponderosa Lake Estates Fifth Subdivision an Addition to 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, extensions and
<br />renewals thereof.
<br />The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and tile dates thereof.):
<br />
<br />III A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 05/01/2008
<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 05,2017 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 $57,128.88, 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 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!;:1ttached 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 />
<br />2,.nd~Q1~;~dbyBO"OWor. ~ ()lM~'(
<br />
<br />JASON MORL GE LISA MORLEDfE - - - -J
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 05/01/2008
<br />By JASON MORLEDGE and LISA MORLEDGE,
<br />
<br />My commission expires~ u..........'- . ~ol Ol 0 o;!
<br />
<br />GENERAl NOTARY. State of Nebraska
<br />BARRY G SANDSTROM
<br />My Comm. Exp. June 30, 2009
<br />
<br />
<br />otary Public)
<br />
|