Laserfiche WebLink
131/211S8V •T•9 <br />D' <br />(J) c `" C :> <br />PI Cr) -i <br />\ r--' —1 m <br />:L3 '-U -< (-y <br />fel c:i `T7 <br />--i — = rn <br />m >. w <br />%' o : n . <br />C) r c; <br />(1) <br />RETURN TO: Mayer, Burns & Koenig, 308 N. Locust, Suite 306, Grand Island, NE 68801 <br />FIRST DEED OF TRUST <br />THIS DEED OF TRUST is made as of the 30 day of August , 2019, by and among <br />CRISTINA TERRAZAS, a single person, ("TRUSTOR"), whose mailing address is: 1010 E. 9th Street, <br />Grand Island, Nebraska and DUANE A. BURNS, Attorney at Law, ("TRUSTEE"), whose mailing address <br />is: 308 North Locust Street, Suite 306, Grand Island, Nebraska 68801-5984 and GRAND ISLAND AREA <br />HABITAT FOR HUMANITY, INC., a Nebraska Corporation, ("BENEFICIARY"), whose mailing address is: <br />502 W. 2nd Street, Grand Island, Nebraska 68801. <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 <br />subject to the terms and conditions of this Deed of Trust, the real property located in the County of Hall, <br />State of Nebraska, and legally described as follows: (the "Property"): <br />Lots Five (5) and Six (6), Block Thirty -Six (36), in Lambert's <br />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 <br />property that may be or hereafter become an integral part of such buildings and improvements. <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 $126,787.94 with no interest thereon, <br />as evidenced by the certain Promissory Note of even date (the "Note") with a maturity date of September <br />1, 2049 executed 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, extensions and <br />renewals thereof, and, <br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with no interest <br />thereon. <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 <br />Instruments". <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST: <br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of $97,758.62, and <br />the interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in <br />the Loan Instruments. <br />2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every kind, <br />now or hereafter levied against the Trust Estate or any part hereof, before delinquency, without notice or <br />demand, and shall provide Beneficiary with evidence of the payment of same. Trustor shall pay all taxes <br />and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust or the <br />debt secured hereby, without regard to any law that may be enacted imposing payment of the whole or <br />any part thereof upon the Beneficiary. <br />ON 1N3W11111SNI <br />