Laserfiche WebLink
A1icr rccording return to: <br /> Cnstomer�crvicc <br /> Mail Code �A02-01-P <br /> �o��5�S�r�er,Su��� �o� 9 9 10 6 5 9�, <br /> St. Paul, MN 55101 <br /> TRUST DECD <br /> THIS TRUST DEED, made aud entered into this 21ST day of JUNE, 1999 by and betwcen <br /> R NDALL C BURRITT AND NANCY BURR 1"T HUSB N AND WIFE ,Trustor, <br /> u 1R--1-�- !� ,Trus�t�. <br /> and TCF NATIONAL BANK MINNESO ,a national bank chartered under the laws of the United States, Beneficiary. <br /> WITNESSETH: That, Trustor,by these presents,does grant,bargain and sell,convey and confirm with Power of Sale unto Trustee the real property, <br /> including �ll building, improvemenLti, and fixtures of every kind now on c�reaftcr erected or placed on the real property (hercaftcr refcrrcd to as thc <br /> "Property")situate in HALL County,State of Nebraska. <br /> LOT NINE (9) AND LOT TEIV (10) IN BLOCK FIVE (5) IN BOGGS AND HILL'S <br /> ADDITION TO THE CITY OF GRAND ISLANU, HALL COUNTY, N�;BKASKA. <br /> Possession of the Property having now been cielivered to Trustee: <br /> � If Uiis box is checked, d�is Trust Deed is subject to a prior trust deed dated ,executcd by <br /> , as trustor(s)to <br /> ,as trustce lor <br /> tl�e benefit of ,as bcnclici�ry, <br /> tiecuring payment of a promissory note in the principal amount of$ . Tha[prior trust deed was recorded on <br /> , 19 witl�the Recorder of County, Nebraska in Book <br /> pagc <br /> TO HAVE AND TO HOLD the samc, wi[h all righ�ti, privileges and appurtenances to such Property belonging unto Trustce, and executors, <br /> acimi►uslraton, l�ein, successors and assigns for Trustee forever. And Trustor in this Trust Deed expressly waives, releases �nd relinyuishcs unto <br /> Trustee all right, title, claim, interest, benefit and es[ate whatc;ver, in and to the Property which is given by or result�c from all laws of tl�e State of <br /> Ncbraska pertaining to the excmption of homestead. And Trustor covcnants with Trustee that he will forever warrant and dcfcnd tlie titic to tlic <br /> Property against the lawful claims of all persons wliomsoever. <br /> IN TRUST HOWEVER, for the purposes described, as folluws: Trustor on tl�is date has executed a promissory Note or Loan Agroement (hercafler <br /> "Agreement"), which evidences a loan in the Actual Amount of Loan of$ $63,933.00 (hereal'ter referred to as the "Principal"), to�,ethcr <br /> widi interest on unpaid balances of the Principal from time to time outstanding at the Rate of Cliarge set forth in the Agreement, the Final Duc D�te <br /> bcing 06-25-2029 , all of wl�ich is payable at the office of Benefciary. <br /> In the event of Q�e death of one of the Trustors,at die option of Beneficiary, the unpaid balance of the Actual Amount of Loan, togethcr with accrued <br /> interest, immediately may become duc and payable. <br /> Until thc liling of a Noticc of Default, Trustor shall: (1)pay all present and future taxes and assessments, general and special, agaiiLtil thc Property <br /> bclore the taxes becomc delinqucnt or actionable; (2)keep all improvements erec[ed on the Property insured as may be required from t'vne to[imc by <br /> Beneliciary a�,ainst loss by fire and other I�azards, casualtics aud contiugencies, in such amounts and for such periods as arc re�sonable and may be <br /> required by Beneficiary, and to keep all policies of such insurance in force or effect upon the Property comctantly assigned and delivered to <br /> Beneticiary, and(3)pay and comply with all die terms and conditions of any lien,claim or indebtedncss that may be seiuor to or take precedence of <br /> this Trust Decd as soon as any such payment on or of such lien, claim or indebtcdness shall become due. Upon failure of Trustor to keep any <br /> agrcements made in 11�is Trust Decd, Beneticiary may pay accrued taxes and insurance premiums or pay off any liens or claims or indebtedness, as <br /> the case may be. The money so expended by Beneficiary for this purpose shall bear interest at die Rate of Charge and shall be secured by diis Trust <br /> Deed. Trustor agrecs to repay thc same upon demand. Upon failure so to do, the loan unmediatcly shall become due and payable, at the option of <br /> Bencficiary. Trustor specifically confers upon Trustee tliat Power of Sale as provided in Nebraska law, and shall retain possession of dic Property <br /> and collect the rents and revenues therefrom until filing of such Notice. <br /> NOTICG: Unless you provide us with evidence of the insuranee coverage required by your agreement with us, wc may purchase insurancc <br /> at your expense to protect our interesks in your collaterai. This insurance may, but need not, protect your interests. The coverage that we <br /> purchase may not pay any claim that you make or any claim that is made against you in connection with the collateral. You may later cancel <br /> any insurance purchased by us, but only after providin�;us with evidence that you have obtained insurance as required by our agreement. If <br /> we purchase insurance for the collateral, you will be responsible for the cos�s of that insurance, including interest and uny other char�es wc <br /> may impose in connection with the placement of the insurance,until the effective date of the cancellation or expiration of the insurance. 7'he <br /> costs of the insurance may be added to your total outstandinb balance or obligation. The costs of the insurance may be more than the cost of <br /> insw•ancc you may bc ablc to obtain on your own. <br /> 044 - 351 -0149716 <br />