Laserfiche WebLink
rrti <br />2 <br />z <br />O <br />Return to: Jamie Mues Jankovitz <br />P.O. Box 639 <br />Grand Island, NE 68802 -0639 <br />DEED OF TRUST <br />THIS DEED OF TRUST is made as of the i5 day of fq Oki ei r; 2016, by Bertha <br />Santana Avila and Jenaro Martinez Hernandez, wife and husband, ( "TRUSTORS "), whose <br />mailing address is: P.O. Box 2172, Grand Island, Nebraska, 68802 -2172; and, Jamie Mues <br />Jankovitz, Attorney at Law ( "TRUSTEE "), whose mailing address is: 202 W. 3rd St., P.O. Box <br />639, Grand Island, Nebraska 68802 -0639; and DT HOMES, LLC, by Trenton A. Lilienthal, <br />Vice- President, whose mailing address is P.O. Box 2172, Grand Island, Nebraska, 68802 -2172, <br />( "BENEFICIARY "). <br />FOR VALUABLE CONSIDERATION, Trustors irrevocably transfer, convey, and <br />assign to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of • <br />Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real <br />property located in Hall County, Nebraska, and legally described as follows: <br />The Southerly 66 feet of Fractional Lots 1 and 2, in Fractional Bock 38, in Charles Wasmer's <br />Addition to the City of Grand Island, Nebraska and its complement being Fractional Lot 1, in <br />Fractional Block 3, in Windolph's Addition to the City of Grand Island, Nebraska, and being <br />a rectangular tract of ground having an easterly frontage of 66 feet on Adams Street, a depth <br />of 106 feet and bounded on the south by the alley in said Blocks 3 and 38, as surveyed, platted <br />and recorded. Subject to easements, conditions, restrictions and limitations of record. <br />(Physical Address: 508 S. Adams St., Grand Island, NE 68801) <br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interests in <br />adjoining roads situated thereon. <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 of the total principal amount of $45,000.00 <br />with interest thereon at the rate of 5.00 % per annum, as evidenced by a Promissory <br />Note of even date (the "Note ") with a maturity date of November 15, 2021, executed <br />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, <br />extensions and renewals thereof. <br />(b) Payment of all sums advanced by Beneficiary to protect the Trust Estate, <br />with interest thereon at the rate of 5.00 % percent per annum, the default rate: <br />This Deed of Trust, the Note, and any other instrument given to evidence or further <br />secure the payment and performance of any obligation secured hereby are referred to collectively <br />as the "Loan Instruments ". <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST: <br />1. PAYMENT OF INDEBTEDNESS. Trustors shall pay when due the <br />principal of, and the interest on, the indebtedness evidenced by the Note, charges, fees and all <br />other sums as provided in the Loan Instruments. <br />2. REAL ESTATE TAXES. Trustors shall pay the annual real estate taxes to <br />the Hall County Treasurer before the taxes become delinquent and shall furnish tax receipts to <br />Beneficiary on or before May 1st and September 1st each year. <br />Page 1 of 5 <br />fn <br />N <br />C7) <br />O <br />