202105455 - Laserfiche WebLink

Browse

Return to: Rural Investment Corporation PO Box 136, Lyons, NE 68038 DEED OF TRUST ,A2105455 THIS DEED OF TRUST is made on June 26, 2021 The Trustor is Miguel A Ramos-VarEas and Veronica Ramos, Husband and Wife, a/k/a Borrower The Trustee is: Daniel A. Smith, Attorney at Law, PO Box 250, Lyons, NE 68038-0250. The Beneficiary is the Rural Investment Corporation, also known as Lender. Beneficiary's address is PO Box 136 Lyons, NE 68038-0136 Borrower irrevocably conveys to Trustee, in Trust, with power of sale, the following: Lot Thirty -One (31), Saddle Club Subdivision, Hall County, Nebraska Address 3610 Bronco Rd, Grand Island NE 68801 together with all the rents and profits therefrom and subject to easements and restrictions of record, if any. Borrower owes Lender $147,721.07 (One Hundred -Forty -Seven Thousand Seven Hundred Twenty -One and 07/100 dollars), evidenced by Borrowers' Note of even date, payable according to the terms thereof. This Security Instrument secures to Lender the Debt evidenced by said Note, the payment of all other sums, with interest, advanced under the provisions hereafter to protect the security and the performance of Borrower, covenants and agreements. Borrower covenants that Borrower is lawfully seized of such real estate and has the legal power and lawful authority to convey the same and warrant and will defend title to the real estate against the lawful claims of all persons. BORROWER AND LENDERS AGREE AS FOLLOWS: 1. Borrower shall pay when due, the principal and interest as provided in said Note. 2. All payments received by Lender shall be first applied to advances, which may have been made by Lender and then to interest due and last to principal due. 3. Borrower shall pay all general real estate taxes and special assessments against the property before the same become delinquent. 4. If Lender determines that any part of the property is subject to a lien, which is or may attain priority over this security instrument, Lender may give Borrower a notice identifying the lien and Borrower shall satisfy the lien within ten (10) days.