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Return to: Denise Myers
<br />611 N. Diers Ave., Ste 1
<br />Grand Island, NE 68803
<br />1
<br />TRUST DEED
<br />THIS DEED OF TRUST is made on April .2 , 2013. The Trustor is Cindy L. Bristol, a single
<br />person, (hereinafter "Borrower "). The Trustee is Denise D. Myers, Attorney at Law, of Myers & Daugherty,
<br />P.C., L.L.O., 611 N. Diers Ave., Ste. 1 „Grand Island, Nebraska 68803, ( "Trustee "). The beneficiary is J &
<br />B Rentals, L.L.C., a Nebraska Limited Liability Company, 1611 N. St. Paul Road, P.O. Box 1042, Grand
<br />Island, NE 68801, (hereinafter "Lender "). Borrower owes Lender the principal sum of Seventy Nine Thousand
<br />and 00/100 Dollars ($79,000.00). This debt is evidenced by Borrower's note dated the same date as this
<br />Security Instrument ( "Note "), which provides for payment of principal, plus accrued. interest in monthly
<br />payments. The Deed of Trust (sometimes referred to herein as "security instrument ") secures to Lender: (a)
<br />the repayment of the debt evidenced by the Note, and all renewals, extensions and modifications; (b) the
<br />payment of all other sums advanced under paragraph 4 to protect the security of this Security Instrument; and
<br />(c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants
<br />and conveys to Trustee, in trust, with power of sale, the following described property located in Hall County,
<br />Nebraska:
<br />Lot Eight (8), Block One Hundred Forty Two (142), Union Pacific Railway
<br />Company's 2 Addition to Grand Island, Hall County, Nebraska.
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all
<br />fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this
<br />Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property ".
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has
<br />the right to grant and convey the Property and that the Property is unencumbered. Borrower warrants and
<br />will defend generally the title to the Property against all claims and demands, subject to any encumbrances
<br />of record.
<br />COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal; Prepayment and Late Charges. Borrower shall promptly pay when due the
<br />principal on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />Prepayment of principal or any part thereof, shall be allowed without the prior written consent of Lender.
<br />2. Charges; Liens. Lender shall pay all real estate taxes and assessments attributable to the Property
<br />until such time as the debt is paid in full and the deed is filed of record. The Borrower shall then pay all real
<br />estate taxes on the property.
<br />Borrower shall promptly discharge any lien (except the current Deed of Trust filed as
<br />document no. 200910257 in favor or Home Federal Bank in which J & B Rentals is the Grantor) which has
<br />priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation
<br />secured by the lien in a manner acceptable to Lenders; (b) contests in good faith the lien by, or defend against
<br />enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the enforcement
<br />of the lien or forfeiture of any part of the Property; or (c) secures from the holder of the lien an agreement
<br />satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part
<br />of the Property is subject to a lien which may attain priority over this Security Instrument, Lender may give
<br />Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set
<br />forth above within 10 days of the giving of notice.
<br />3. Hazard Insurance. Lender shall keep any improvements now existing or hereafter erected on the
<br />Property insured against loss by fire, wind, or other natural disasters until such time as the promissory note
<br />is paid in full. Upon the filing of the Deed, the Borrower shall assume responsibility for insuring the property.
<br />4. Protection of Lenders' Rights in the Property; Mortgage Insurance. If Borrower fails to perform the
<br />covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may
<br />significantly affect Lender's rights in the Property (such as a proceeding in bankruptcy, probate, for
<br />condemnation or to enforce laws or regulations), then Lender may do and pay for whatever is necessary to
<br />protect the value of the Property and Lender's rights in the Property. Lender's actions may include paying any
<br />sums secured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable
<br />attorneys' fees and entering on the Property to make repairs. Although Lender may take action under this
<br />paragraph 4, Lender does not have to do so. Any amounts disbursed by Lender under this paragraph 4 shall
<br />become additional debt of Borrower secured by this Security Instrument.
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