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<br /> ' _< •�: .� RECORDIIOiG REQITESTED BY: -•---' - . :.. .
<br /> .��_:- GMAC Mo�tgage Corporation --`:` .,``. _•�- '
<br /> -- - Account No.: 1004372 - � --- -
<br /> '•'. .' ' BranchNo.:2-i2 � • _�-
<br /> WBEN RECORDED MAIL TO: Loan Produc.t:80%CI.TV Piggyback `- :
<br /> � GMAC Mort�e Corpora�n _ . ; ' .
<br /> . 1Q0 Wihaer Road ' . •
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<br /> _ , . . � , . Hors6am.P.� 19M4-0963 ;..;::�� `-:._,� � .
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<br /> . DEED OF TRIJST A1VI9 ASSI�NMENT O�1tENTS ��.�.`.�i,�::':�,:
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<br /> THLS mEED OF TRUST AND ASSIGNMENT OF RENTS,as amended and exte°ded(tltis"��af TmsP�, . —
<br />_ . ., , . �.�`�i is sig�ed to sewre advances under a GMAC Home Equity Line of Credit Agreeuieut,as amended or extended(the°Agreemenl'�:it . =—
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<br /> r <` is dated as of Ianuarv 12.1998,and is an ag�eement among Bruce M Btuh�A Single Man wko reside(s)at 4923 81St Ave.Cool ;;."".:�#-.
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<br /> � Valtey,illinois 61240 as the ganwr(s): and Chicago Tide�ce Company.625 West Ridge P�c�Conshohacken.PA 19428.as � •�:.°�.;�=-.��
<br /> .:.�: ;.�. �--
<br /> "' the Trustee:and GMAC Mort�ge Cocporation,a Penrsylvania CorQoralion. l00 Witmer Road,Horsham.Pennsytvania 19044- _
<br />" ' , ' '- 096:t,as beneficiary. 4� �� .
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<br /> � � Thmughout this Deed of Tnut."we"."us"and"ou�'refer to grantons). "GMAC"refers to GMAC Niortgage Corpoiation or "_ �:� �_x�:-�
<br /> � its assigns. The"Account"refers to the Home Equity line of c�redit account established bY GMAC under the Agreement "Trustee" � `'r`>-;����
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<br /> . • .. . refers to thc uvstee ideatified above, or any substitute uustee. "Borrower" cefers to each person who signs the Agreeineat as �c.�-+
<br /> - borrower. The Agreement and this Deed of Tnut,sal:en together,are called the"Credit Documents". "Sigaer'refers to any persun ' '�f,�,�..t-",-'
<br /> � � (o�her than GMAC)who has signed a Credit Document `'�-"��
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<br /> . DF5CRIP'RONOFSECIJEtiI�t '.:�-t�
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<br /> ' • ' • sell and oonv to TnLStec,in t�ust,with Power of sal�(a)tbe .:�,;s",.�„'
<br /> - • By signing this Deed of Trust,we imevacably grant,bar&vn. eY • "'°` ''�`:..�
<br /> . '�::t';�•-,,;�
<br /> real estate located at 3009 Colorado.Grand Island.County of Hall,State of Nebraska 68803,morc fully descdbed'ue Schedule A: �.- ".
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<br /> _, . _ ro)all biuldings and othcr stcuctwes on the property:(c)ali rights nre Tnay l�ave in azry road a11ey.easement or lica�se re�cding the -- .- --�-
<br /> . --- . .. ---- property or in any mineral.oil,&�►s onvater�vhich is part of the proPer�Y:(�al!rents and myalSes from We PmPerey:(e)all Pr°c�s . . _�'�
<br /> ' � of any insivance on the property and ap refunds of premiums on such insivance:(�all pmceeds of amr takmS(or thieateued takinp� � ,. •. •-�:
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<br /> T . .Y':'; of the ro e b any gavemmental authoriry("condemnation");and(g�atl�ix[ures on she propccn at any time(celecrively.the : j,.�,::_?=:�,`.
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<br /> . ��Property") ."-T+==
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<br /> The Property inctudes all rights And interests which we now have or which we may aoqui�in t�e fuUu�e• For exampl�if the •',• ��
<br /> ' fee title to the Pro the rights ansl
<br /> security mortgaged under ihis Deed of Tiust is a leaschold cxtate and we�ubsequenUy�cquire PertY• � , .-�-
<br /> ��; � � ' interests granted to GMAC by this Deed of Tn►st w�ll include the fee 6Ue that we aoquiie. 77�is Deed of Tmst is alsa a Seauity - � , .��-
<br /> ' Agccment undet the Nebraska Uniform Commcrcial Cude and we hereby gras►t GMAC a seauity interest in the Dasonal pmP�riY � -. ii�TMs.�-
<br /> � � ' descnbed in(d)througl�(g)abwc. This Da;d of Tnut also wnstitutes a Snancing statement filed as a fixtu�filing in ilte official .
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<br /> � �'`.�, records of the eeunry recorder of the eounty where the Propetty is located,c�itin respect to any and a'•1 Sxt�res inetuded Mthin the � _
<br /> ' • ' tcnn"Propem°and�vith respcct to any goods or other personal property tIzat may now or hereafter becorae part of such fixhu�es. • .
<br /> � SECiJRF�EIBLIC�'IIONS , ..
<br /> '�` � We ha.�e s�ed this Deed of Tn�st to secu�paymem ro GMAC by 8orrower of up to$38,800.(T0,plas FINANCE CHARGES �. � •; .5:
<br /> � and any othes amounts due GMAG under the Agrcement (t/re "Tota!Bolanoe Outstnndfng"), �md to seesrre perfmmmice by . �
<br /> • Borrmver rorder 1he AgreeRte�rJ rmd our perfnmumce cf tlre cave�rmr�s of thtv 17� of' 7Y�i (coUedivety, tlre ".Secured .. , . ''
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<br /> . • � ,.) Oblig«tlons"). : , ;
<br /> . • � ; PR(ORfI`Y OFAIDVANCES ` ' . ,
<br /> Tkelim of't/iis Deed of Trus1�vill r0tudi on Ate ci�e tF.is Deetl of 7Ytut is recarded 7Tte lrtdebtedness evFdmced by!!te Cre�t , . ' . ••
<br /> � ' DocrimeMs Is n re�+olvi��g ir.Grbtedn�ss. 77re Cred'it Doc:nr�s pravlde tlr�amarmts nvry be udvcmced,rep�d mrd reaQvmrced from . . :
<br /> ''. • Nme tolime fn accardmrrn«•ifb tlre temu mrd pravistons o`t/te Agreem� Accordu+gfy,tfie�gregvte crdvmloes daring t1�e tenn of
<br /> Nie Cre�t'u Dounnarls nviy c^cce�At/re Credit Liuu� Ho�vever,tl:e 7otat Ilafiorce(hG.dmr�Un��exv FINANCE CHARGF.S�mry .
<br /> . � . lime(ilie"EQrning Bnla�tce l)tdslanr/isg")dtal!never exceed Nte Credit Limit.c�tceQt fm advmrces made to ptoled�lce/i�of liris
<br /> • Derd of Trnu We a�nee tlue Nie/lem mrd.cecrrtily h�le of lliJs Deed of Trust sh�rlt not be deeme�d released m extingrdsired by .
<br /> - , - ' oper�fiion nf/mv nr Lnplfed irr�em of'tire pmties if Are To1uJ Balmrce Ota�midrng�c zero as of 1he d�e of thls Deed of Trust or is ftom
<br /> ' . tinte totime redrtccd to zcao by puyntenls tnrtde In GMAG • �
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