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201403200
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Last modified
8/19/2014 2:26:07 PM
Creation date
5/30/2014 2:17:34 PM
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DEEDS
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201403200
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Return To: Denise D. Myers <br />611 N. Diers Ave., Ste. 1 <br />Grand Island, NE 68803 <br />TRUST DEED <br />THIS DEED OF TRUST is made on May (" , 2014. The Trustors are Jamie A. <br />Hadenfeldt and Heather D. Hadenfeldt, husband and wife, (collectively "Borrower "). The Trustee <br />is Denise D. Myers, Attorney at Law, of Myers Law Office, P.C., 611 N. Diers Ave., Grand Island, <br />Nebraska 68803, ( "Trustee "). The beneficiaries are Larry Hadenfeldt and Peggy Hadenfeldt, <br />husband and wife, (collectively "Lender "). Borrower owes Lender the principal sum of Eighty <br />Thousand and 00/100 Dollars ($80,000.00). This debt is evidenced by Borrower's note dated the <br />same date as this Security Instrument ( "Note "), which provides for payment of principal, plus <br />accrued interest in annual payments. The Deed of Trust (sometimes referred to herein as "security <br />instrument ") secures to Lender: (a) the repayment of the debt evidenced by the Note, and all <br />renewals, extensions and modifications; (b) the payment of all other sums advanced under <br />paragraph 4 to protect the security of this Security Instrument; and (c) the performance of <br />Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in Hall County, <br />Nebraska: <br />The North Half (N1/2) and the North Half of the Southwest Quarter (N1/2 SW1 /4) <br />of Section Nineteen (19), Township Twelve (12) North, Range Twelve (12), West <br />of the 6 P.M., Hall County, Nebraska, EXCEPT a certain tract more particularly <br />described in Deed Book 77, Page 592; and EXCEPT a certain tract more <br />particularly described in Survivorship Warranty Deed recorded as Document No. 77- <br />002754; and EXCEPT a certain tract more particularly described in Trustee's Deed <br />recorded as Document No. 95- 104140; and EXCEPT a certain tract more <br />particularly described in Quitclaim Deed recorded as Document No. 200905557. <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water <br />rights and stock and all fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property ". <br />BORROWERS COVENANT that Borrowers are lawfully seised of the estate hereby <br />conveyed and have the right to grant and convey the Property and that the Property is <br />unencumbered. Borrowers warrant and will defend generally the title to the Property against all <br />claims and demands, subject to any encumbrances of record. <br />COVENANTS. Borrowers and Lender covenant and agree as follows: <br />1. Payment of Principal; Prepayment and Late Charges. Borrowers shall promptly pay <br />when due the principal on the debt evidenced by the Note and any prepayment and late charges <br />due under the Note. Prepayment of principal or any part thereof, shall be allowed without the prior <br />written consent of Lender. <br />2. Charges; Liens. Borrowers shall pay all real estate taxes and assessments attributable <br />to the Property which may attain priority over this Security Instrument, and leasehold payments or <br />ground rents, if any. <br />Borrowers shall promptly discharge any lien which has priority over this Security <br />Instrument unless Borrowers: (a) agree in writing to the payment of the obligation secured by the <br />lien in a manner acceptable to Lenders; (b) contest 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 <br />enforcement of the lien or forfeiture of any part of the Property; or (c) secure from the holder of the <br />lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If <br />Lender determines that any part of the Property is subject to a lien which may attain priority over <br />this Security Instrument, Lender may give Borrowers a notice identifying the lien. Borrowers shall <br />satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of <br />notice. <br />1 <br />
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