|
S
<br />0
<br />�
<br />71
<br />tu
<br />M
<br />i
<br />7O
<br />m
<br />m
<br />et
<br />r
<br />i
<br />2 0 010 5 012 DEED OF TRUST
<br />n� 4
<br />'l I
<br />x
<br />rn
<br />O
<br />O
<br />N
<br />N
<br />co
<br />..n
<br />i3
<br />CID
<br />....0
<br />c'> cr,
<br />C D
<br />rn
<br />O
<br />G� "n
<br />-� :z
<br />"I
<br />D W
<br />r
<br />r p►
<br />Cn
<br />x
<br />A
<br />V
<br />QA
<br />NC �
<br />ORa
<br />CL
<br />O�
<br />N C/J
<br />O O
<br />00
<br />cfi
<br />O
<br />rn
<br />O
<br />THIS DEED OF TRUST is made this 66 day of May, 2001 by and among
<br />ALBERTO MARTINEZ, a single person, ( "TRUSTOR "), whose mailing address is 2431 N. �� .s0
<br />Park Avenue, Grand Island, NE 68803; "1
<br />and DUANE A. BURNS, a member of the Nebraska State Bar Association ( "TRUSTEE "),
<br />whose mailing address is P.O. Box 2300, Grand Island, Nebraska 68802;
<br />and M. JOHN BAILEY ( "BENEFICIARY "), whose mailing address is 115 East Ashton,
<br />Grand Island, Nebraska 68801.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and
<br />assigns 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 the County of Hall, State of Nebraska, and legally described as follows:
<br />(the "Property"):
<br />Lot Two (2), in Block Three (3), in College Addition to West
<br />Lawn, an Addition to the City of Grand Island, Hall County,
<br />Nebraska,
<br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interest in
<br />adjoining roads, improvements and buildings of any kind situated thereon and all personal
<br />property that may be or hereafter become an integral part of such property.
<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 $23,400.00, with interest
<br />thereon, as evidenced by that certain Promissory Note of even date ( "The Note ") with a
<br />maturity date of May 6Z, 2007, executed by Trustor, which has been delivered and is
<br />payable to the order of Beneficiary, and which by this reference is made a part hereof, and any
<br />and all modifications, extensions and renewals thereof;
<br />b. Payment of all loan charges, fees, legal fees, escrow agent's set -up fees and escrow
<br />agent's annual service fee; and
<br />c. Payment of all sums which may have been advanced by Beneficiary to protect the
<br />Trust Estate which shall be secured by this Deed of Trust, with interest thereon at the rate of
<br />sixteen (16 %) percent per annum.
<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
<br />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 principal of,
<br />and the interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as
<br />provided in the Loan Instruments.
<br />1
<br />
|