|
<br /> It 2't~ m
<br /> m .-...:> ~
<br /> c:.:> o (fJ
<br /> ,. C;> c::> ,m
<br /> m CI'l ~ c::o C) -i
<br /> t c: n:t c: ~ N~
<br /> n z 7\ c:J z-i
<br /> S a ~~ r1'"I -;rT1 00
<br /> :z: ~
<br />I\J I rn ~ -<0 ):>-
<br />s n N 0-" c::> en
<br />s ::c CD "'z co2
<br />OJ 11; -rl ~
<br />..... C> 0 I nl en
<br /> ~-I
<br />s 0 r'T1 t -0 )> co :IJ
<br />.j:::.. rTl ::3 r ;0 oc:
<br />c..n 0 r )>
<br />..... (/J (J) J:fA
<br /> W ;;><::
<br /> )> c.n~
<br /> ~ ..............',~
<br /> t--' (;I) .......2
<br /> (;I) 0
<br />
<br />
<br />
<br />DEED OF TRUST 6//. OC
<br />
<br />PARTIES: This Deed of Trust is made on 12/16/2008 among, the Grantor, ADAM D GRUPE and HEATHER GRUPE, 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: 1504 N. BROADWELL & 1508 N. BROADWELL, Grand Island, Nebraska 68801
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT ONE HUNDRED EIGHT SIX (186) EXCEPT THE WEST FIFTY (50) FEET THEREOF AND LOT ONE HUNDRED EIGHTY-FIVE
<br />(185), IN WEST LAWN, 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 the dates thereof.):
<br />
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 12/16/2008
<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 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 December 16,2013 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 $32,972.31, 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 />
<br />By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />cribe ove signed by Borrower. "J i , " r,'" ..-
<br />
<br />QiI~
<br />
<br />My commission expires:
<br />
<br />ENERAL NOTARY. Slale ebraska
<br />MEGAN D. FRE ERIKSEN
<br />My Comm. Exp. April 6. 2010
<br />
<br />
<br />
<br />Public)
<br />
<br />ACKNOWLEDGMENT: ST ATE OF NE
<br />
|