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thereof.
<br />DEED OF TRUST
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<br />THIS DEED OF TRUST is made on December 23, 2015
<br />The Trustor /Borrower is Benjamin Shafer and Courtney L. Shafer, husband and wife and Travis Harring and Lindsey A.
<br />Harring, husband and wife
<br />The Trustee is Fidelity National Title Insurance Company whose address is P 0 Box 627, Grand Island, NE 68802.
<br />The Beneficiary/Lender is Housing Plus, LLC
<br />Beneficiary's address is 2502 A North Webb Road, Grand Island, NE 68803.
<br />Borrower irrevocably conveys to Trustee, in Trust, with power of sale, the following:
<br />Lot Forty Seven (47), of LARUE Third Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />Together with all the rents and profits therefrom and subject to easements and restrictions of record, if any.
<br />Borrower owes Lender $34,000.00, evidenced by Borrower's note of even date, payable according to the terms
<br />THE FOREGOING WARRANTIES AND REPRESENTATION, AND BORROWER'S OBLIGATIONS PURSUANT TO
<br />THE FOREGOING INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED OF TRUST,
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<br />6. Borrower shall keep described Property in compliance with all applicable laws, ordinances and regulations
<br />relating to industrial hygiene or environmental protection (collectively referred to herein as "Environmental Laws ").
<br />Borrower shall keep the Property free from all substances deemed to be hazardous or toxic under any Environmental
<br />Laws (collectively referred to herein as "Hazardous Materials "). Borrower hereby warrants and represents to Lender that
<br />there are no Hazardous Materials on or under the Property. Borrower hereby agrees to indemnify and hold harmless
<br />Lender, its directors, officers, employees and agents, and any successors to Lender's interest, from and against any and
<br />all claims, damages, losses and liabilities arising in connection with the presence, use disposal or transport of any
<br />Hazardous Materials on, under, from or about the Property.
<br />This Security Instrument secures to Lender the Debt evidenced by said note, the payment of all other sums, with
<br />interest, advanced under the provisions hereafter to protect the security and the performance of Borrower's covenants and
<br />agreements.
<br />Borrower covenants that Borrower is lawfully seised 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 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 Lender and
<br />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 same
<br />become delinquent.
<br />4. If Lender determines that any part of the property is subject to a lien, except for Borrower's Construction
<br />Financing, which is or may attain priority over this security instrument, Lender may give Borrower a notice identifying the
<br />lien and Borrower shall satisfy the lien within 10 days.
<br />5. Borrower shall keep the improvements on said premises insured against loss by fire and hazards included
<br />within the term "extended coverage" for their insurable value and policies for the same shall include a standard mortgage
<br />clause showing Lender herein. In event of Toss, Lender may make proof of loss if not promptly made by Borrower.
<br />Insurance proceeds shall be applied to restoration or repair of the property damaged, unless both parties otherwise agree,
<br />except if restoration or repair is not economically feasible or Lender's security is not lessened, otherwise said proceeds
<br />shall be paid on the debt herein, whether or not then due.
<br />Unless Lender and Borrower otherwise agree in writing, any payments or proceeds from insurance shall
<br />not extend or postpone the due date of the monthly payments provided in said note, or change the amount of the
<br />payments.
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