|
<br /> ~ 10 nn
<br /> m ::1:>-
<br /> ." mtn ~
<br /> c n:c r",
<br /> ~ Z " ~ OUl
<br /> n = oft
<br /> :r.: ~ c ~.\. <:r.> 0--1
<br />N ~, rn ~ (.:- c: ;p.. Na
<br />s n en ::0 ~\. c::: Z--1
<br />S }- 111: % "., s:t Z -;fT1 ~~
<br />0'> ~>~~ -<0
<br />cSl ....... o .,.,
<br /><J1 ~
<br />~ .." CD -"z -
<br /> d- O) :3
<br /><J1 0 :r: r11 ort
<br />....... "., r :D ;p.. lD
<br /> "., ::3 r :u
<br /> 0 r )> CJl3
<br /> (n ....... Ul
<br /> ....... ;::><; -C CD
<br /> :r> Ula
<br /> 0 --
<br /> 0 Ul .......2
<br /> en 0
<br />
<br />
<br />
<br />DEED OF TRUST
<br />
<br />/1. /1'""0
<br />
<br />PARTIES: This Deed of Trust is made on 06/07/2006 among, the Grantor, TONY M CAVITT and BETTE JAYNE CAVITT, HUSBAND
<br />AND WIFE ("Borrower"),
<br />AREND R BAACK, ATTORNEY, whose residence address is P. O. Box 790, Grand Island, Hall County, Nebraska ("Trustee"), and the
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, a corporation organized and existing under the
<br />laws of NEBRASKA whose address is 221 SOUTH LOCUST STREET, GRAND ISLAND, NEBRASKA 68801 ("Lender").
<br />CONVEYANCE: For value received, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the real property, of
<br />which Borrower is lawfully seized, described below and all buildings, fixtures, and existing and future improvements thereon and all rights-of-
<br />way, easements, rents, issues, profits, income, tenements, hereditaments, privileges and any appurtenances thereunto belonging (all called the
<br />"property").
<br />PROPERTY ADDRESS: 505 N. CUSTER AVE, GRAND ISLAND, Nebraska 68803
<br />
<br />LEGAL DESCRIPTION:
<br />
<br />LOT TWO HUNDRED FOUR (204) AND THE SOUTH ONE HALF OF LOT TWO HUNDRED FIVE (205) IN BELMONT ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />Located in Hall County, Nebraska.
<br />TITLE: Borrower convenants and warrants title to the property, except for
<br />
<br />SECURED DEBT: This deed of trust secures to Lender repayment of the secured debt and the performance of the convenants and agreements
<br />contained in this deed of trust and in any other document incorporated herein. Secured debt, as used in this deed of trust, includes any amounts
<br />Borrower owes to Lender under this deed of trust or under any instrument secured by this deed of trust, and all modifications, extensions and
<br />renewals thereof
<br />The secured debt is evidenced by (List all instruments and agreements secured by this deed of trust and the dates thereof):
<br />
<br />. A PROMISSORY NOTE AND SECURITY AGREEMENT DATED 06/07/2006
<br />
<br />. Future advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are
<br />contemplated and will be secured to the same extent as if made on the date of this deed of trust is executed.
<br />
<br />o Revolving line of credit agreement dated , with initial annual interest rate of %
<br />All amounts owed under this agreement are secured even though all amounts may not yet be advanced. Future advances under
<br />the agreement are contemplated and will be secured to the same extent as if made on the date this deed of trust is executed.
<br />
<br />The above obligation is due and payable on May 27,2011 ifnot paid earlier.
<br />The total unpaid balance secured by this deed of trust at anyone time shall not exceed a maximum principal amount of $18,530.46, plus
<br />interest, plus any amounts disbursed under the terms of this deed of trust to protect the security of this deed of trust or to perform any of the
<br />covenants contained in this deed of trust, with interest on such disbursements.
<br />o Variable Rate: The interest rate on the obligation secured by this deed of trust may vary according to the terms of that obligation.
<br />o A copy of the loan agreement containing the terms under which the interest rate may vary is attached to this deed of trust and
<br />made a part hereof
<br />
<br />RIDERS: ASSIGNMENT OF RENTS
<br />
<br />DESIGNATION OF HOMESTEAD
<br />Pursuant to the Farm Homestead Protection Act, designation of homestead i!:lttached to this deed of trust and made a part hereof has
<br />o been disclaimed; the disclaimer is attached to this deed of trust and made a part hereof.
<br />
<br />SIGNATURES: By signing below, Borrower agree to the terms and convenants contained in this deed of trust, including those on page
<br />2, and in any r' ers described ahov'tsigned by Borrower.
<br />. ,
<br />9'V ./Jt I
<br />TONYM AVI T
<br />
<br />
<br />~ a.
<br />.~ '-PM. 'L7fl;(
<br />BETT E CAVITT
<br />
<br />ACKNOWLEDGMENT: STATE OF NEBRASKA, HALL COUNTY SS:
<br />The foregoing instrument was acknowledged before me on 06/07/2006
<br />By TONY M CAVITT and, BETTE JAYNE CAVITT, HUSBAND AND WIFE
<br />
<br />\. ~
<br />My commission expires: ./ t\J\. 0, (JC)'
<br />I.......
<br />
<br />
<br />Notary Public)
<br />
|