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Return to: Mesner & Mesner, 2604 26" Ave, Central City, NE 68826 <br />rn <br />r <br />tin <br />cn <br />DEED OF TRUST <br />THIS DEED OF TRUST is made on 12 day of December, 2012 <br />The Trustor is Stonewood Townhomes II, LLC, a/k/a Borrower. <br />The Trustee is Doug Pauley, Member of the Nebraska Bar Association 906 West 2nd Street, Room 206, Hastings, <br />NE 68902 <br />The Beneficiary is Housing Development Corporation, a/k/a Lender. <br />Beneficiary's address is 301 S. Burlington Ave., P 0 Box 1005, Hastings, NE 68902 -1005 <br />Borrower irrevocably conveys to Trustee, in Trust, with power of sale, the following: <br />Lots Fifteen (15), Sixteen (16), Seventeen (17), Eighteen (18), Nineteen (19), Twenty (20) Twenty -one (21) <br />Twenty-two (22) Twenty -three (23) Twenty -four (24), Twenty-five (25), Twenty -six (26) Twenty -seven (27) <br />Twenty -eight (28) and Twenty-nine (29), LaRue Third Subdivision, all in the City of Grand Island, Hall County, <br />Nebraska. <br />Together with all the rents and profits therefrom and subject to easements and restrictions of record, if any. <br />Borrower owes Lender $394,147, evidenced by Borrower's note of even date, payable according to the <br />terms thereof. <br />This Security Instrument secures to Lender the Debt evidenced by said note, the payment of all other sums, <br />with interest, advanced under the provisions hereafter to protect the security and the performance of Borrower's <br />covenants and agreements. <br />Borrower covenants that Borrower is lawfully seized of such real estate and has the legal power and lawful <br />authority to convey the same and warrants and will defend title to the real estate against the lawful claims of all <br />persons. <br />BORROWER AND LENDER AGREE AS FOLLOWS: <br />1. Borrower shall pay when due, the principal and interest as provided in said note. <br />2. All payments received by Lender shall be first applied to advances which may have been made by <br />Lender and then to interest due and Last to principal due. <br />3. Borrower shall pay all general real estate taxes and special assessments against the property before the <br />same become delinquent. <br />N3 <br />O <br />E—� <br />c) <br />O <br />U1 <br />cn <br />m <br />z <br />m <br />m <br />cn <br />cn <br />--I <br />c §9( <br />m <br />z <br />