|
<br />N
<br />o
<br />o
<br />CO
<br />o
<br />.f:>.
<br />0)
<br />w
<br />(]l
<br />
<br /> 70 ("') ~
<br /> m X m
<br /> "'" ,.'.,~
<br /> C m en .::;;:~ (") (fl c:> ~
<br /> n ::t "'-:.":)
<br /> Z co O~
<br />n ~ "- C)>
<br />:r: ~ c ,_':I~, 3 Z--,j N :0
<br />rn ~ ~ ~' = -1m 0 m
<br />n (I) rT'I -c: -<0 0
<br />~ :c ~<{~ N 0"" 0 )>
<br /> CD "'T1z CO en
<br /> -r) Z
<br /> ~ ::I: 1'1
<br /> 0 :r>CU C) ~
<br /> rrI ~ -0 ,::0
<br /> r'1 t ::3 , 1>- -C
<br /> 0 (f':J c:
<br /> (f) en :s:
<br /> t-' ::;00;:
<br /> )> W m
<br /> c.n -...-....... ~
<br /> -.J C/'J U1 :z
<br /> en 0
<br /> 3...5. 50
<br />
<br />0\
<br />'\
<br />"\
<br />~
<br />~
<br />
<br />
<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0166017056
<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 May 23, 2008. The grantor is JARED J
<br />CORNELIUS and KARl J CORNELIUS, HUSBAND AND WIFE, whose address is 4075 MANCHESTER
<br />RD, Grand Island, Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the Person or Persons
<br />who sign the Contract. The obligations of Borrowers who did not sign the Contract are eXplained further in the
<br />section titled Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The
<br />trustee is TierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee").
<br />The beneficiary is TierOne Bank, which is organized and existing under the laws ofthe United States of America
<br />and whose address is 1235 'N' St / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). JARED J CORNELIUS
<br />and KARl J CORNELIUS have entered into a Equity - Line of Credit ("Contract") with Lender as of May 23,
<br />2008, 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 ADVANCES)*** of One
<br />Hundred Thirteen Thousand Five Hundred and 00/100 Dollars (U.S. $113,500.00) ("Credit Limit"). Any party
<br />interested in the details related to Lender's continuing obligation to make advances to Borrower is advised to
<br />consult directly with Lender. If not paid earlier, the sums owing under Borrower's Contract with Lender will be
<br />due and payable on May 15, 2013. This Security Instrument secures to Lender: (a) the repayment ofthe debt under
<br />the Contract, with interest, including future advances, and all renewals, extensions and modifications of the
<br />Contract; (b) the payment of all other sums, with interest, advanced to protect the security of this Security
<br />Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Contract. For this
<br />purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br />Trustee, in trust, with power ofsale, the following described property located in the COUNTY of HALL, State of
<br />Nebraska:
<br />Address: 4075 MANCHESTER RD, Grand Island, Nebraska 68803
<br />Legal Description: LOT 39, JEFFREY OAKS, SIXTH SUBDIVISION, GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />Parcel ID/Sidwell Number: 400383268
<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 />Ii:> 2004.2007 Copyright Compli.ooe System<. loe. D8IA.CJA8. 2008.02.266
<br />Consumer Rc:al Estatc= - Security Instrument DL2036
<br />
<br />www.compliancesystems.com
<br />800.968.8522. Fax 616-956.1868
<br />
<br />Pago: 1 of7
<br />
|