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(Space Above This Line For Recording Data) 31.00 <br />LOAN NUMBER: 10092 <br />DEED OF TRUST <br />THIS DEED OF TRUST CONTAINS A FUTURE ADVANCE CLAUSE <br />THIS DEED OF TRUST ( "Security Instrument ") is made on April 6, 2009. The grantor is James C. Bishop and <br />Nanelle S. Bishop, Husband and Wife, whose address is 2304 West Anna St., Grand Island, Nebraska 68803 <br />( "Borrower "). Borrower is not necessarily the same as the Person or Persons who sign the Note. The obligations of <br />Borrowers who did not sign the Note are explained further in the section titled Successors and Assigns Bound; <br />Joint and Several Liability; Accommodation Signers. The trustee is Pathway Bank whose address is 3333 <br />West State Street, Grand Island, Nebraska 68803 ( "Trustee "). The beneficiary is Pathway Bank, which is <br />organized and existing under the laws of the state of Nebraska and whose address is 3333 W. State St., Grand <br />Island, Nebraska 68803 ("Lender").. James C. Bishop and Nanelle S. Bishop owe Lender a principal sum of <br />money evidenced by a note, consumer loan agreement, or similar writing dated the same date as this Security <br />Instrument (the "Note "), which provides for monthly payments ( "Periodic Payments "), with the full debt, if not <br />paid earlier, due and payable on November 15, 2009. The note, consumer loan agreement, or similar writing, and <br />any future debt or obligation of Borrower to Lender as set forth in the Section titled Secured Indebtedness; <br />Payment of Principal and Interest; Late Charges and Other Loan Charges below (the "Secured <br />Indebtedness "), is secured by this Security Instrument in an amount not to exceed a MAXIMUM PRINCIPAL <br />AMOUNT of Seven Thousand Five Hundred Forty -eight and 98/100 Dollars (U.S. $7,548.98). This Maximum <br />Principal Amount does not include interest or other fees and charges made pursuant to this Security Instrument, <br />nor does it include advances made under the terms of the Security Instrument to protect Lender's security or to <br />perform any of the covenants contained herein. This Security Instrument secures to Lender the repayment of the <br />Secured Indebtedness, and the performance of Borrower's covenants and agreements under this Security <br />Instrument and the Secured Indebtedness. This Security Instrument secures to Lender: (a) the repayment of the <br />debt evidenced by the Note, with interest, including future advances, and all renewals, extensions and <br />modifications of the Note; (b) the payment of all other sums, with interest, advanced to protect the security of this <br />Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and <br />(c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. 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 of sale, the following described property located in the Nebraska of Hall County, <br />state of Nebraska: <br />.-Address: 2304 West Anna St., Grand Island, Nebraska 68803 <br />,Legal Description: THE EAST THIRTY -ONE (31) FEET OF LOT ELEVEN (11), AND ALL OF <br />&OT TWELVE (12), IN BLOCK THREE (3), IN PARKHILL SUBDIVISION, AN ADDITION TO <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. TAX MAP PARCEL ID NO. <br />:400073560 <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 />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to <br />-- grant and convey the Property and that the - Property is - uncnownbered, except- for encuinbrances of record. <br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />any encumbrances of record. <br />Borrower and Lender covenant and agree as follows: <br />Secured Indebtedness; Payment of Principak and Interest; Late Charges and Other Loan Charges. This <br />Security Instrument secures to Lender the repa�7nent of Borrower's Note, Consumer Loan Agreement, Guaranty, <br />or similar writing executed by Borrower to Lender, more particularly described as: <br />Loan number 10092 with a principal an, ount of $7,548.98 <br />and all renewals, extensions, modifications an( substitutions thereof. This Security Instrument also secures: all <br />future advances of funds from Lender to B( mower as evidenced by any promissory note, consumer loan <br />O 2004 -2008 Copyright Compliance Systems, Inc. 74ED -0818 - 2008.10.289 n _+\ w .compliancesystems.com <br />Consumer Real Estate - Securit Instrument DL2036 // Page I of 6 /�1 \ 800 - 968 -8522 - Fax 616.956- 1 RAR <br />C=) <br />N) <br />W <br />2 <br />X <br />CO <br />b L <br />rn <br />_ <br />Z <br />ii <br />CA <br />CD <br />F` <br />CD <br />C= <br />ell <br />� <br />w <br />m <br />�...� <br />(Space Above This Line For Recording Data) 31.00 <br />LOAN NUMBER: 10092 <br />DEED OF TRUST <br />THIS DEED OF TRUST CONTAINS A FUTURE ADVANCE CLAUSE <br />THIS DEED OF TRUST ( "Security Instrument ") is made on April 6, 2009. The grantor is James C. Bishop and <br />Nanelle S. Bishop, Husband and Wife, whose address is 2304 West Anna St., Grand Island, Nebraska 68803 <br />( "Borrower "). Borrower is not necessarily the same as the Person or Persons who sign the Note. The obligations of <br />Borrowers who did not sign the Note are explained further in the section titled Successors and Assigns Bound; <br />Joint and Several Liability; Accommodation Signers. The trustee is Pathway Bank whose address is 3333 <br />West State Street, Grand Island, Nebraska 68803 ( "Trustee "). The beneficiary is Pathway Bank, which is <br />organized and existing under the laws of the state of Nebraska and whose address is 3333 W. State St., Grand <br />Island, Nebraska 68803 ("Lender").. James C. Bishop and Nanelle S. Bishop owe Lender a principal sum of <br />money evidenced by a note, consumer loan agreement, or similar writing dated the same date as this Security <br />Instrument (the "Note "), which provides for monthly payments ( "Periodic Payments "), with the full debt, if not <br />paid earlier, due and payable on November 15, 2009. The note, consumer loan agreement, or similar writing, and <br />any future debt or obligation of Borrower to Lender as set forth in the Section titled Secured Indebtedness; <br />Payment of Principal and Interest; Late Charges and Other Loan Charges below (the "Secured <br />Indebtedness "), is secured by this Security Instrument in an amount not to exceed a MAXIMUM PRINCIPAL <br />AMOUNT of Seven Thousand Five Hundred Forty -eight and 98/100 Dollars (U.S. $7,548.98). This Maximum <br />Principal Amount does not include interest or other fees and charges made pursuant to this Security Instrument, <br />nor does it include advances made under the terms of the Security Instrument to protect Lender's security or to <br />perform any of the covenants contained herein. This Security Instrument secures to Lender the repayment of the <br />Secured Indebtedness, and the performance of Borrower's covenants and agreements under this Security <br />Instrument and the Secured Indebtedness. This Security Instrument secures to Lender: (a) the repayment of the <br />debt evidenced by the Note, with interest, including future advances, and all renewals, extensions and <br />modifications of the Note; (b) the payment of all other sums, with interest, advanced to protect the security of this <br />Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and <br />(c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. 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 of sale, the following described property located in the Nebraska of Hall County, <br />state of Nebraska: <br />.-Address: 2304 West Anna St., Grand Island, Nebraska 68803 <br />,Legal Description: THE EAST THIRTY -ONE (31) FEET OF LOT ELEVEN (11), AND ALL OF <br />&OT TWELVE (12), IN BLOCK THREE (3), IN PARKHILL SUBDIVISION, AN ADDITION TO <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. TAX MAP PARCEL ID NO. <br />:400073560 <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 />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to <br />-- grant and convey the Property and that the - Property is - uncnownbered, except- for encuinbrances of record. <br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />any encumbrances of record. <br />Borrower and Lender covenant and agree as follows: <br />Secured Indebtedness; Payment of Principak and Interest; Late Charges and Other Loan Charges. This <br />Security Instrument secures to Lender the repa�7nent of Borrower's Note, Consumer Loan Agreement, Guaranty, <br />or similar writing executed by Borrower to Lender, more particularly described as: <br />Loan number 10092 with a principal an, ount of $7,548.98 <br />and all renewals, extensions, modifications an( substitutions thereof. This Security Instrument also secures: all <br />future advances of funds from Lender to B( mower as evidenced by any promissory note, consumer loan <br />O 2004 -2008 Copyright Compliance Systems, Inc. 74ED -0818 - 2008.10.289 n _+\ w .compliancesystems.com <br />Consumer Real Estate - Securit Instrument DL2036 // Page I of 6 /�1 \ 800 - 968 -8522 - Fax 616.956- 1 RAR <br />