|
�
<br />�
<br />N �
<br />� ��
<br />� ��
<br />-�P
<br />��
<br />v �
<br />�
<br />��
<br />��
<br />�
<br />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />Grand Island, NE 68801
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />(PREAUTHORIZED (OPEN END) CREDIT - FUTURE ADVANCES ARE SECURED
<br />'�, BY THIS DEED OF TRUST)
<br />T'HIS DEED OF TRUST ("Security Instrument") is made on August 25, 2011. The grantor is BARB� A
<br />GANNON, A SINGLE PERSON, whose address is 2212 WOODRIDGE LANE, GRAND ISLAND, Nebraska
<br />68801 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Equity - Line
<br />of Credit ("Contract"). The obligations of Borrowers who did not sign the Contract are explained further in the
<br />se�tion titled Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The
<br />tnistee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee").
<br />T1ie beneficiary is Home Federal5avings & Loan Association of Grand Island, which is organized and existing
<br />under the laws of the United States of America and whose address is 221 South Locust Street, Grand Island,
<br />Nebraska 68801 ("Lender"). BARBARA A GANNON has entered into a Contract with Lender as of August 25,
<br />2011, under the terms of which Borrower may, from time to time, obtain advances not to exceed, at any time, a
<br />�*�MAXIMLTM PRINCIPAL AMOLTNT (EXCLUDING PROTECTIVE ADVANCES)��� of Thirty
<br />Tliousand and 00/100 Dollars (U.S. $30,000.00) ("Credit Limit"). Any pariy interested in the details related to
<br />I.�nder's continuing obligation to make advances to Borrower is advised to consult directly with Lender. If not
<br />paid earlier, the sums owing under Borrower's Contract with Lender will be due and payable on September 15,
<br />2016. This Security Instrument secures to Lender: (a) the repayment of the debt under the Contract, with interest,
<br />including future advances, and all renewals, extensions and modifications of the Contract; (b) the payment of all
<br />ot�er sums, with interest, advanced to protect the security of this Security Instrument under the provisions of the
<br />sebtion titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants
<br />and agreements under this Security Instrument and the Contract. For this purpose, Borrower, in consideration of
<br />th� debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the
<br />fo�lowing described property located in the COiJNTi' of HALL, State of Nebraska:
<br />Address: 2212 WOOIIRIDGE LANE, GRAND ISLAND, Nebraska 68801
<br />Legal Description: BLOCK ONE (1) LOT THIRTI'-TWO (32) IN BRE�TTWOOD SUBDIVISION,
<br />IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />TOGETHER WITH all the improvements now or hereafter erected on the properly, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the properly. All replacements and additions shall also be
<br />couered by tlus Security Instrument. All of the foregoing is referred to in this Security Instrument as the
<br />��P ��
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
<br />gr�nt and convey the Properiy and that the Properiy is unencumbered, except for encumbrances of record.
<br />BQrrower wanants and will defend generally the title to the Property against all claims and demands, subject to
<br />any encumbrances of record.
<br />B¢nower and Lender covenant and agree as follows:
<br />P�yment of Principal and Interest; Other Charges. Borrower shall promptly pay when due the principal of and
<br />in�erest 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 />th� effect of law) 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 Instrument, and leasehold payments or ground rents, if any.
<br />A� the request of Lender, Borrower shall promptly furnish to Lender receipts evidencing the payments.
<br />� 2004-ZOI 1 Compliance Systems, Inc. ADCD-AECO - 20IOL1.15.461
<br />Co�sumer Real Estate - Security Instrumert DL.2036 Page I of 5 www.compliancesystems.coro
<br />.�a
<br />�
<br />C
<br />�A�
<br />���
<br />� �
<br />�
<br />�
<br />� ,� r �} ;�.,;
<br />.s. -.
<br />� ;` �
<br />� r R 4, ., c,
<br />� f- �, G'�
<br />o �. �
<br />m ��_ �
<br />� � ��
<br />r� �
<br />�
<br />0 � >-,.. �,
<br />a �
<br />i G 4�
<br />�'� N
<br />� � �� �
<br />�
<br />� ��
<br />o -�
<br />c m
<br />Z �
<br />--� rn
<br />� o
<br />o �
<br />—ry �
<br />T (7'�
<br />� Q7
<br />r �
<br />r D
<br />�
<br />�C
<br />D
<br />cn
<br />VS
<br />THIS INSTRUMENT PREPARED BY:
<br />�ome Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust 5treet
<br />Grand Island, NE 68801
<br />O
<br />N
<br />O
<br />f--=
<br />F
<br />O
<br />rn
<br />�
<br />Ca
<br />-v
<br />�
<br />l��
<br />�
<br />��
<br />�S
<br />
|