|
f
<br />CD
<br />C b
<br />r *i
<br />p E"' Q - m
<br />o
<br />rq
<br />cq n i
<br />M Z3
<br />CD r_ T''
<br />N Q
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made as of the �� day of December, 2000, by and among
<br />GABRIEL GONZALEZ and GUADALUPE GONZALEZ, husband and wife, ( "TRUSTOR "), whose mailing
<br />address is: 704 East 8th Street, Grand Island, Nebraska 68801 and EARL D. AHLSCHWEDE, Attorney at
<br />Law, ( "TRUSTEE "), whose mailing address is: P. O. Box 2300, Grand Island, Nebraska 68802 and
<br />GRAND ISLAND AREA HABITAT FOR HUMANITY, INC., a Nebraska Corporation, ( "BENEFICIARY "),
<br />whose mailing address is: P. O. Box 1001, Grand Island, Nebraska 68802.
<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 />Lot 5, and the West 6 feet of Lot 6, Block 3, Voitle's Addition to the City of
<br />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 collectively
<br />as the "Trust Estate ".
<br />FOR THE PURPOSE OF SECURING:
<br />a. Payment of indebtedness in the total principal amount of $55,066.76 with no interest thereon,
<br />as evidenced by the certain Promissory Note of even date (the "Note ") with a maturity date of December
<br />1, 2020, 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, and the interest
<br />on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan
<br />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 />
|