|
<br />State of Nebraska
<br />
<br /> ~
<br /> <:::':3 o (/) ~I
<br /> oc:::=>
<br /> ~ ~ o -j
<br />I it c::l>
<br /> c_ Z-1
<br />~f' ::n -im
<br />Z
<br />n:c -<0 o{g
<br />n Z ~ <.:: ...... 0"'"
<br />0 .J: ""'z <D~
<br />%to ,.,
<br />~ W 0 r :em
<br /> l>CD o-
<br /> m ::D Z
<br />;I'll:Z m :3 r- :;0 O;J
<br /> 0 r~
<br /> (f> ""'"" en
<br /> 0 ;:><; Nc:
<br /> l> NE::
<br />j a .................. m
<br /> w en ......~
<br /> (j)
<br /> Z
<br /> 0
<br /> 2/ . ()O
<br /> Space Above This Line For Recording Data
<br />
<br />~
<br />~
<br />~
<br />~
<br />~
<br />~
<br />-......
<br />
<br />I\.)
<br />S
<br />IS)
<br /><.D
<br />S
<br />IS)
<br />I\.)
<br />I\.)
<br />.......
<br />
<br />D Master form recorded by _ _ _ _
<br />1. DATE AND PARTIES. The date of this -ri';ed-~f-T~~t-(s~~urity-I~st~~~t) i; ~~!t~~}; '98,- -2"009 - - - - - - - - - -- -_.
<br />and the parties and their addresses are: - .. - - - - - - - - - - - - - - - - - - - .
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />TRUSTOR: JAMES MASAT
<br />CAROLYN MASAT, HUSBAND AND WIFE
<br />PO BOX 2085
<br />GRAND ISLAND, NE 68802-2085
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOT SEVENTEEN (17), INDIANHEAD SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA AND LOT SIXTEEN (16), INDIANHE~ SECOND SUBDIVISION, IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in _ __ __ __ __ _ _ ._ _ _ __ JI_aAl__ _ _.. .. . __ __ __ __ __ _ at ~~9~_ ~~E:.E:.~Q J~~ '- _~ _ ~~g5__
<br />(County)
<br />
<br />~YFF~9__Q~~______________________
<br />(Address)
<br />
<br />__ __ __ __ G~l~IL! ~~ _ __ __ __ __ , Nebraska
<br />(City)
<br />
<br />68803
<br />--------- ---
<br />(ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. Ttre-totai pliu\;ipat-amount-securedby this Security Instrument at anyone time shall
<br />not exceed $ ~~.9J_O_O_O_._O_O_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ ~ _ _ _. This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 01/08/2009
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />o 1994 Woltars Kluwar Financial Services' Bankers SystemsTM Form RE-DT-NE 12/15/2D06
<br />VMP @-C165(NEI (0708)
<br />
<br />(page 1 of 4J
<br />
|