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<br />Return To: Denise D. Myers
<br />611 N. Diers Ave., Ste 1
<br />Grand Island, NE 68803
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<br />TRUST DEED i,11
<br />THIS DEED OF TRUST is made on November , 2014. The Trustor's are Brian Fischer
<br />and Valerie D. McKay Fischer (Valerie individually as "Borrower"), husband and wife, (collectively
<br />"Trustor"). The Trustee is Denise D. Myers, of Myers Law Office, 611 N. Diers Ave., Ste. 1, Grand
<br />Island, Nebraska 68803, ( "Trustee "). The beneficiary is Keith Rolls and Gladys Rolls, 715 W. John
<br />Street, Grand Island, NE 68801, ( "Lender"). Borrower owes Lender the principal sum of Fifty Six
<br />Thousand and 00/100 Dollars ($56,000.00). 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 monthly payments. The Deed of Trust (sometimes referred to herein as
<br />"security instrument") secures to Lender. (a) the repayment of the debt evidenced by the Note,
<br />and all 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
<br />conveys to Trustee, in trust, with power of sale, the following described property located in Hall
<br />County, Nebraska:
<br />Lot Two (2), Block One (1), Bartling's Subdivision in the City of Grand Island, Hall
<br />County, Nebraska.
<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
<br />this Security Instrument as the "Property ".
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed
<br />and has the right to grant and convey the Property and that the Property is unencumbered.
<br />Borrower warrants and will defend generally the titre to the Property against all claims and
<br />demands, subject to any encumbrances 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
<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. Borrower shall pay all real estate taxes and assessments attributable
<br />to the Property which may attain priority over this Security Instrument, and leasehold payments
<br />or ground rents, if any.
<br />Borrower shall promptly discharge any lien which . has priority over this Security
<br />Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the
<br />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
<br />enforcement of the lien or forfeiture of any part of the Property; or (c) secures from the holder of
<br />the 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 Borrower a notice identifying the lien. Borrower 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 />3. Hazard Insurance. If required by Lender, Borrower shall keep any improvements now
<br />existing or hereafter erected on the Property insured against loss by fire, wind, or other natural
<br />disasters, hazards induded within the term "extended coverage" and any other hazards for which
<br />Lender requires insurance. This insurance shall be maintained in the amounts and for the periods
<br />that Lender requires. The insurance carrier providing the insurance shall be chosen by Borrower
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