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201805073
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Last modified
12/9/2019 6:42:35 PM
Creation date
8/6/2018 11:07:47 AM
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DEEDS
Inst Number
201805073
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j <br />• <br />: J , , <br />R <br />Ru vestment Corporation <br />PO 136 <br />Lyons, 68038 <br />DEED OF TRUST <br />THIS DEED OF TRUST is made on October 14, 2016. <br />The Trustor is Osni Ponca, LLC, a/k/a Owner <br />The Trustee is: Daniel A. Smith, Attorney At Law, P.O. Box 250, Lyons, NE 68038 -0250. <br />The Beneficiary is the Rural Investment Corporation, also known as Lender. <br />Beneficiary's address is PO Box 136 Lyons, NE 68038-0136. <br />Borrower irrevocably conveys to Trustee, in Trust, with power of sale the following: <br />on <br />A portion of the Northeast quarter of the Northeast quarter of Section 21, Township 11 <br />North, Range 9 West of the 6th P.M., Hall County, Nebraska, described as follows: <br />Commencing at the Southwest comer of the intersection of Anna and Eddy Streets, which <br />streets are now established and in use; thence Southwesterly along the South boundary <br />of Anna Street, a distance of 164.4 feet; thence Southeasterly at right angles, a distance <br />of 140.0 feet; thence Northeasterly at right angles, a distance of 164.4 feet; thence <br />Northwesterly along the Westerly boundary of Eddy Street, a distance of 140.0 feet, to <br />the place of beginning; said tract being a rectangular tract, having a frontage of 140.0 feet <br />on Eddy Street, and a frontage of 164.4 feet on Anna Street, all in the City of Grand <br />Island, Hall County, Nebraska. <br />together with all the rents and profits therefrom and subject to easements and restrictions of record, if any. <br />Owner owes Lender 5150. 000.00 (One Hundred Fifth Thousand and No /100 dollars). evidenced by <br />Borrowers' Note of even date, payable according to the terms thereof <br />This Security Instrument secures to Lender the Debt evidenced by said Note, the payment of all other sums, <br />with interest, advanced under the provisions hereafter to protect the security and the performance of Borrower, <br />covenants and agreements. <br />Owner covenants that Owner is lawfully seized of such real estate and has the legal power and lawful <br />authority to convey the same and warrant and will defend title to the real estate against the lawful claims of all <br />persons. <br />OWNER AND LENDERS AGREE AS FOLLOWS: <br />1. Owner 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 <br />and then to interest due and last to principal due. <br />3. Owner shall pay all general real estate taxes and special assessments against the property before the same <br />become delinquent. <br />1 <br />201805073 <br />rry <br />Cn <br />0, <br />rn <br />
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