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201205175 <br />DEED OF TRUST <br />THIS DEED OF TRUST is made on the � day of June 2012. The Trustors are Jeffrey A. Riley <br />and Mike P. Hoer, hereafter designated as BORROWER. The Trustee is Jon Placke, Grand Island, NE <br />an attorney duly licensed in the State of Nebraska. (TRUSTEE). The Beneficiaries known as TO1vI <br />COOPER REYES and MELQUTADES REYES, both Nebraska residents, whose address is 422 E ls` <br />St Grand Island, Nebraska hereafter designated as LENDERS.. BORROWERS irrevocably convey to <br />TRUSTEE, in Trust, with POWER OF SALE, the following: <br />Real Estate• <br />The East Half Lot # 7 Block 74 of the Original Town in the City of Grand Island, Hall <br />County, Nebraska. <br />TOGETI�R WITH all the improvements now or hereafter erected on the property, and all easernents <br />appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall <br />also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument <br />as the "property." <br />The BORROWERS owe LENDERS the amount of $44,800 evidenced by BORROWERS promissory <br />note payable according to terms. According to the Amortization Schedule attached as exhibit `A' the <br />estimated monthly payment will be $350.11. ($261.44 principal and interest; property tax $88.67) <br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the <br />right to grant and convey the Property and that the Property is unencumbered, except for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br />covenants with limited variations by jurisdiction to constitute a uniform security instrument coveri.ng real <br />property. <br />Uniform covenants. Borrower and Lender covenant and agree as follows: <br />BORROWERS AND LENDER AGREE AS FOLLOWS: <br />l. BORROWER shall pay when due, the principal and interest and properly taa� as provided in said <br />note. Said payments are due on the first of the month and delinquent on the 10�' of the month. <br />2. All payments received by LENDER shall be first applied to advances which may have been made <br />by LENDER and then to interest due and last to principal due. <br />