|
<br />DEED OF TRUST
<br />
<br /> 70 n ~ m
<br />&- m :::c .-...:. ~
<br /> c;::;;> (") (J)
<br /> ~ m Con c::o ^d)
<br /> c: n ::E: co o --j m
<br />3 ~~ z :;i'li; ~} c:::> N :JJ
<br />C Cl z-l m
<br />(\l r-., -1m C) CJ
<br />~ C":)
<br />11r\ ~~- -<0 ):-
<br />n(/) 0" 0 en
<br />~. ~:::c "'" -"z CO Z
<br /> ""T1
<br /> 0 r :t:n1 ~
<br />~ (., 1> OJ C)
<br />~ rrI \J r :::0 :JJ
<br /> l'I1 ::3
<br />- C) r 1> CD C
<br /> 0
<br /> (J> (J) CO 3:
<br /> I--' ;:><; ~
<br /> )>- ...c
<br /> ...c -.........
<br /> CO Q') NJ %
<br /> (.0 0
<br /> /~. r: 0
<br />
<br />N
<br />iSl
<br />iSl
<br />CD
<br />iSl
<br />CD
<br />CD
<br />.j:::..
<br />N
<br />
<br />l
<br />
<br />PARTIES: This Deed of Trust is made on 10/31/2008 among, the Grantor, RICHARD POTTER, A SINGLE PERSON ("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 ASSOCIA nON 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: 402 THEBE ST, CAIRO, Nebraska 68824-0307
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT ONE (1), IN BLOCK SEVENTEEN (17), IN THE ORIGINAL TOWN OF CAIRO, 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 the dates thereof.):
<br />
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 10/31/2008
<br />
<br />. 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 ifmade 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 November 15,2013 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 $16,818.88, 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 iClttached 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 />
<br />gree to the terms and convenants contained in this deed of trust, including those on page
<br />rower.
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 10/31/2008
<br />By RICHARD POTTER, A SINGLE PERSON
<br />
<br />My oommi..ioo expi"", Pee-. Jet, 2--06 If ~ 7 / _
<br />~ c:r, K..q~(NotaryPublic)
<br />
<br />GENERAl NOTARY. Stata of Nebraska
<br />CHRIS L KASKIE
<br />My Comm. Exp. Oec. 29, 2008
<br />
|