|
M
<br />i
<br />CZ) C.) CO m
<br />m
<br />C) o
<br />p ��. :: r r� O 9
<br />co
<br />rn C.n w o
<br />cn
<br />200001493
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made as of the day of February, 2000, by and among KELLY
<br />SWEET and HEATHER SWEET, husband and wife, ( "TRUSTOR "), whose mailing address is: 574 East
<br />19th Street, Grand Island, Nebraska 68801 and EARL D. AHLSCHWEDE, Attorney at Law,
<br />( "TRUSTEE "), whose mailing address is: P. O. Box 2300, Grand Island, Nebraska 68802 and GRAND C
<br />ISLAND AREA HABITAT FOR HUMANITY, INC., a Nebraska Corporation, ( "BENEFICIARY "), whose
<br />mailing address is: P. O. Box 1001, Grand Island, Nebraska 68802.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and assigns to
<br />Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Deed of Trust, the real property located in the County of Hall,
<br />State of Nebraska, and legally described as follows: (the "Property "):
<br />Lot Eleven (11), Block One (1), Blain Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interests in adjoining
<br />roads, streets and alleys, improvements and buildings of any kind situated thereon and all personal
<br />property that may be or hereafter become an integral part of such buildings and improvements.
<br />The property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate ".
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of $55,235.49 with no interest thereon,
<br />as evidenced by the certain Promissory Note of even date (the "Note ") with a maturity date of February
<br />1, 2020, executed by Trustor, which has been delivered and is payable to the order of Beneficiary, and
<br />which by this reference is hereby made a part hereof, and any and all modifications, extensions and
<br />renewals thereof, and,
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with no interest
<br />thereon.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure the
<br />payment and performance of any obligation secured hereby are referred to collectively as the "Loan
<br />Instruments ".
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />1. PAYMENT OF INDEBTEDNESS_ Trustor shall pay when due the principal of, and the
<br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the
<br />Loan Instruments.
<br />2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every
<br />kind, now or hereafter levied against the Trust Estate or any part hereof, before delinquency, without
<br />notice or demand, and shall provide Beneficiary with evidence of the payment of same. Trustor shall
<br />pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed
<br />of Trust or the debt secured hereby, without regard to any law that may be enacted imposing payment of
<br />the whole or any part thereof upon the Beneficiary.
<br />
|