|
-
<br />�
<br />��
<br />N �
<br />0 �
<br />� �
<br />��
<br />� ��
<br />� ��
<br />-�P
<br />��
<br />��
<br />��
<br />-
<br />—
<br />��
<br />��
<br />� z
<br />� �
<br />�
<br />�
<br />4
<br />�
<br />�
<br />= v
<br />� � N
<br />'�i =
<br />i
<br />i� �
<br />..� � �
<br />� _ � , o --�
<br />S C 3�'
<br />� �' '+'t Z --I
<br />r �' ° � � �
<br />c '� (' � O �
<br />o r�
<br />� � � � � �
<br />v � � � � °o
<br />_' � r �- -- n
<br />a u�
<br />o (� N x
<br />-*, �: n
<br />, a o "---
<br /><r> ,
<br />N � �
<br />(Space Above Tliis Liite For Reco�ding Data)
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />BY THIS DEED OF TRUST)
<br />THIS DEED OF TRUST ("Security Instrument") is made on February 3, 2011. The grantor is MARLENE A
<br />HURLEY, a single person, whose address is 3120 W 18TH, GRAND ISLAIVD Nebraska `68803-2403
<br />("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the EquiEy - Line of Gredit
<br />("Contract"). The obligations of Borrowers who did not sign the Contract are explained further in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend
<br />R. Baack, Attorney whose address is P.Q. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary
<br />is Home Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws
<br />of the United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"). MARLENE A HURLEY has entered into a Contract with Lender as of February 3, 2011, under the
<br />terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a***MAXIMUM
<br />PRINCIPAL AMOUNT (EXCLUDING PROTECTIVE ADVANCES)*** of Twenty Thousand and
<br />00/100 Dollars (U.S. $20,000.00) ("Credit Limit"). Any party interested in the details related to Lender's
<br />continuing obligation to inake advances to Borrower is advised to consult directly with Lender. If not paid earlier,
<br />the sums owing under Borrower's Contract with Lender will be due and payable on February 15, 2016. This
<br />Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest, including
<br />future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all other sums,
<br />with interest, advanced to protect the security of this Security Instrument under the provisions of the section titled
<br />Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Contract. Far this purpose, Borrower, in consideration of the debt and the
<br />trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br />property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 3120 W 18TH, GRAND ISLAND, Nebraska 68803-2403
<br />Legal Description: WESTERHOFF'S 1ST S �VISION WEST SIXTY-ONE (61) FEET OF EAST
<br />SEVENTY-FOUR(74j FEET OF TWELV� (12) BLOCK ONE (1) IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<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 Securiry Instr All of the foregoing is referred to in this Security Instrumerit 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 unencumbered, except for encumbrances 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 />Payment of Principal and Interest; Other Charges. Borrower shall promptly pay when due.the principal of and
<br />interest on the debt owed under the Contract and late charges or any other fees and charges due under the Contract.
<br />Applicable Law. As used in this Security Instrument, the term "Applicable _Law" shall mean all controlling
<br />applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have
<br />the effect oflaw) as well as all applicable final, non-appealable judicial opinions.
<br />Charges; Liens. Borrower shall pay all taxes assessments, charges, fines and impositions attributable to the
<br />Property which may attain priority over this Security Instrurnent, and leasehold payments or ground rents, if any.
<br />At the request of Lender, Borrower shall promptly furnish to Lender receipts evidencing the payments.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrumenf unless Borrower: (a)
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b)
<br />contests in _good faith the lien by, or defends against enforcement of the lien in, legal �roceedings which in the
<br />Lender's opinion operate to prevent the enforcement of the lien; or (c) secures from the holder of the lien an
<br />agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines thaf any
<br />part of the Property is subject to a lien which may attain priority over this Security Instrument, Lender may give
<br />K9 2004-2010 Compliance Syste�ns, Ina EEOB-3539 - 2010.03378 � �
<br />Consumer Real Estate - Security [nstrument DL2036 - . � Page 1 of 5 - . . � . � � , . . www.compliancesystems.com
<br />c�
<br />N �
<br />C:Q 7
<br />F la►
<br />� �
<br />F--' 1�
<br />:�
<br />--C a
<br />-., a'
<br />��
<br />�
<br />� � S�
<br />
|