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Return to: <br />Center for Rural Affairs - REAP <br />PO Box 136 <br />Lyons, NE 68038 <br />DEED OF TRUST <br />THIS DEED OF TRUST is made on November 03, 2018. <br />The Trustors are Gabriela Lopez de Marrero and Avelino Marrero <br />Husband a/k/a Borrower <br />The Trustee is Daniel A. Smith, Attorney at Law, PO Box 250, Lyo <br />C_ <br />L.7.7 <br />Molano, Wife and <br />ns, NE 68038-0250. <br />The Beneficiary is the Center for Rural Affairs — REAP and the Rural Investment Corporation, <br />also known as Lender. Beneficiary's address is P.O. Box 136, Lyons NE 68038-0136. <br />Borrowers irrevocably convey to Trustee, in Trust, with power of sale, the following: <br />Lot 5, Block, 1 George Loan's Subdivision, City of Grand Island, Hall County, <br />Nebraska, EXCEPT a tract of land beginning at the Southwest corner of Lot 5, <br />Block 1, George Loan's Subdivision, said point also being the intersection of the <br />East line of St. Paul Road and the North line of 12th Street; thence East on the South <br />line of Lot 5, Block 1, George Loan's Subdivision for a distance of 66.0 feet to the <br />Southeast corner of Lot 5, Block 1, George Loan's Subdivision; thence North on the <br />East line of Lot 5, Block 1, George Loan's Subdivision for a distance of 5 feet; <br />thence West on a line 5 feet North of and parallel to the South line of Lot 5, Block 1, <br />George Loan's Subdivision for a distance of 58.0 feet; thence Northwesterly on a <br />line to a point on the West line of Lot 5, Block 1, George Loan's Subdivision; thence <br />South on the West line of Lot 5, Block 1, George Loan's Subdivision for a distance <br />of 11.0 feet to the point of beginning. <br />together with all the rents and profits therefrom and subject to easements and restrictions of record, if any. <br />Borrowers owe Lender $50,000.00 (Fifty Thousand and NO/ Hundred 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 <br />other sums, with interest, advanced under the provisions hereafter to protect the security and the <br />perfomancy of Borrowers, covenants and agreements. <br />Borrowers covenant that Borrowers are lawfully seized of such real estate and have the legal <br />power and lawful authority to convey the same and warrant and will defend title to the real estate against the <br />lawful claims of all persons. <br />BORROWERS AND LENDERS AGREE AS FOLLOWS: <br />1. <br />Borrowers 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 <br />made by Lender and then to interest due and last to principal due. <br />3. Borrowers shall pay all general real estate taxes and special assessments against the property <br />before the same become delinquent. <br />4. If Lender determines that any part of the property is subject to a lien, which is or may attain <br />priority over this security instrument, Lender may give Borrowers a notice identifying the <br />lien and Borrowers shall satisfy the lien within ten (10) days. <br />CD <br />G <br />CD <br />01 <br />0) <br />