|
.._....., A
<br /> ,______________
<br /> ...____________ a 0 a
<br /> - C ti7 Fri
<br /> 6 s ion �,.) -_1
<br /> 0` =fl 0 cc^ ..y TV
<br /> CD�— fir. CD -a
<br /> `..
<br /> _ av
<br /> 1 C' C
<br /> Immemem
<br /> =i rn
<br /> rn
<br /> 7 h O
<br /> P"." o Z
<br /> 0
<br /> After reco-i rill. return to:
<br /> Roma irr Office,LLC
<br /> PO Bo
<br /> do
<br /> .n 6 8848
<br /> DEED OF TRUST b
<br /> --Ill_)
<br /> THIS DEED OF TRUST,is made as of the day of September,2016,by and among,Betsy D.
<br /> Meraz and Victor Meraz Esquivel,wife and husband,("Trustor"),of Hall County Nebraska;Andrew D.Romatzke,a
<br /> member of the Nebraska State Bar Association("Trustee"),of Buffalo County,Nebraska;and Charles R.Winkler
<br /> and Doris Winkler,husband and wife, ("Beneficiary"),of Hall County Nebraska.
<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 subject to the
<br /> terms and conditions of this Deed of Trust,the real property located in the County of Hall,State of Nebraska,and
<br /> legally described as follows(the"Property"):
<br /> The Northerly 92.35 feet of Lot 5 and the Northerly 92.35 feet of the Westerly 4 feet of Lot 4,Block 28,
<br /> 4__ Russel Wheeler's Addition to the City of Grand 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 property that may
<br /> be or hereafter become an integral part of such buildings and improvements,all crops raised thereon,and all water
<br /> rights.
<br /> The Property and the entire estate and interest conveyed to the Trustee are referred to collectively
<br /> _\ as the"Trust Estate".
<br /> FOR THE PURPOSE OF SECURING:
<br /> 1...
<br /> N a. Payment of indebtedness in the total principal amount of$79,663.10,as evidenced by that
<br /> certain promissory note of even date(the"Note")executed by Trustor,which has been delivered and is payable to
<br /> the order of Beneficiary,and which by this reference is hereby made a part hereof,and any and all modifications,
<br /> extensions and renewals thereof;and
<br /> b. Payment of all sums advanced by Beneficiary to protect the Trust Estate,and
<br /> c. The performance of Trustor's covenants and agreements.
<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 Instruments".
<br /> TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br /> 1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the indebtedness
<br /> evidenced by the Note,charges,fees and all other sums as provided in the Loan Instruments. A late penalty of 5%
<br /> on all amounts due and owing shall apply for each monthly installment received more than fifteen(15)days after the
<br /> due date.
<br /> 2. TAXES AND ASSESSMENTS. Trustor shall pay all taxes and special assessments of
<br /> every kind,now or hereafter levied against the Trust Estate or any part thereof directly without notice or demand as
<br /> each installment comes due and shall provide the Beneficiary with evidence of the payment of the same.
<br /> 3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage
<br /> insurance insuring the improvements and buildings constituting part of the Trust Estate for an amount no less than
<br /> the amount of the unpaid principal balance of the Note(co-insurance not exceeding 80%permitted). Such insurance
<br /> policy shall contain a standard mortgage clause in favor of Beneficiary and shall not be cancelable,terminable or
<br /> modifiable without ten(10)days prior written notice to Beneficiary. Trustor shall furnish Beneficiary a certificate of
<br /> insurance coverage at Beneficiary's request,with a provision in such certificate that the insurer shall provide
<br /> Beneficiary ten(10)days advance notice of any cancellation of the policy at any time for any reason,or of expiration
<br /> of policy without renewal thereof. Trustor shall promptly repair,maintain,and replace the Trust Estate or any part
<br /> thereof so that,except for ordinary wear and tear,the Trust Estate shall not deteriorate. In no event shall the Trustor
<br /> commit waste on or to the Trust Estate.
<br /> 4. ENVIRONMENTAL COMPLIANCE. Trustor shall comply with all federal,state,and
<br /> local environmental laws,ordinances,rules,requirements,regulations,and publications as now existing or hereafter
<br /> existing,amended,supplemented,or supplanted relating to the preservation of the environment or the regulation or
<br /> control of toxic or hazardous substances or materials. Trustor hereby warrants and represents to Beneficiary that
<br /> there are no toxic or hazardous substances or materials on or under the Property. Trustor does hereby indemnify and
<br /> hold Beneficiary harmless and any successors to Beneficiary's interest from and against any and all claims,damages,
<br /> losses,and liabilities arising in connection with the presence,use,disposal,or transport of any substance which is the
<br /> i
<br />
|