|
ror Utticial Use Onl
<br />DEED OF TRUST
<br />DEED OF TRUST
<br />O
<br />N
<br />C7
<br />H
<br />F-�
<br />W
<br />W
<br />O
<br />ca
<br />--
<br />24011n�p og
<br />THIS DEED OF TRUST is made on December 14, 2001.
<br />The Trustor is TRAN C. TRUONG and NHUNG T. PHAN, husband and wife, a/k/a Borrower, whether one or more.
<br />The Trustee is CHARLES CUYPERS, City Attorney.
<br />The Beneficiary is THE CITY OF GRAND ISLAND, NEBRASKA, a municipal city corporation, a/k/a Lender.
<br />Borrower irrevocably conveys to Trustee, in trust, with power of sale, the following:
<br />Lot Six (6), Lincoln View Estates Subdivision in the City of Grand Island, Hall County, Nebraska.
<br />Together with all the rents and profits therefrom and subject to easements and restrictions of record, if any.
<br />Borrower owes Lender Nine Thousand ($9,000), evidenced by Borrower's note of even date, payable according to
<br />the terms thereof.
<br />This Security instrument secures to Lender the Debt evidenced by said note, the payment of all other sums, with
<br />interest, advanced under the provisions hereafter to protect the security and the performance of Borrower's
<br />covenants and agreements.
<br />Borrower covenants that Borrower is lawfully seised of such real estate and has the legal power and lawful authority
<br />to convey the same and warrants and will defend title to the real estate against the lawful claims of all persons.
<br />This Deed of Trust shall be deemed subordinate to the Deed of Trust between the Borrower and Five Points Bank of
<br />Grand Island executed on December 14, 2001, which secures the balance of the debt for the purchase of the above
<br />described real estate and the Deed of Trust between the Borrower and the City of Grand Island, Nebraska, a
<br />municipal corporation executed on December 14, 2001, which secures the debt in the amount of $12,200.00 from
<br />the City's Down Payment Assistance Program.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />1. Borrower shall pay when due, the principal and interest as provided in said note.
<br />2. Borrower shall pay all general real estate taxes and special assessments against the property before the same
<br />become delinquent.
<br />3
<br />aa+k
<br />C'l-�
<br />1
<br />CD
<br />C�a
<br />.-a
<br />C2
<br />•
<br />n cn
<br />C3 1
<br />Q I
<br />(�
<br />r)
<br />n
<br />m
<br />!�
<br />Cn
<br />rn
<br />C-D
<br />rri
<br />z
<br />n
<br />c'.)
<br />Cn �
<br />ri
<br />C• ,
<br />Tr
<br />CT)
<br />rn
<br />7c
<br />co
<br />cn
<br />DEED OF TRUST
<br />DEED OF TRUST
<br />O
<br />N
<br />C7
<br />H
<br />F-�
<br />W
<br />W
<br />O
<br />ca
<br />--
<br />24011n�p og
<br />THIS DEED OF TRUST is made on December 14, 2001.
<br />The Trustor is TRAN C. TRUONG and NHUNG T. PHAN, husband and wife, a/k/a Borrower, whether one or more.
<br />The Trustee is CHARLES CUYPERS, City Attorney.
<br />The Beneficiary is THE CITY OF GRAND ISLAND, NEBRASKA, a municipal city corporation, a/k/a Lender.
<br />Borrower irrevocably conveys to Trustee, in trust, with power of sale, the following:
<br />Lot Six (6), Lincoln View Estates Subdivision in the City of Grand Island, Hall County, Nebraska.
<br />Together with all the rents and profits therefrom and subject to easements and restrictions of record, if any.
<br />Borrower owes Lender Nine Thousand ($9,000), evidenced by Borrower's note of even date, payable according to
<br />the terms thereof.
<br />This Security instrument secures to Lender the Debt evidenced by said note, the payment of all other sums, with
<br />interest, advanced under the provisions hereafter to protect the security and the performance of Borrower's
<br />covenants and agreements.
<br />Borrower covenants that Borrower is lawfully seised of such real estate and has the legal power and lawful authority
<br />to convey the same and warrants and will defend title to the real estate against the lawful claims of all persons.
<br />This Deed of Trust shall be deemed subordinate to the Deed of Trust between the Borrower and Five Points Bank of
<br />Grand Island executed on December 14, 2001, which secures the balance of the debt for the purchase of the above
<br />described real estate and the Deed of Trust between the Borrower and the City of Grand Island, Nebraska, a
<br />municipal corporation executed on December 14, 2001, which secures the debt in the amount of $12,200.00 from
<br />the City's Down Payment Assistance Program.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />1. Borrower shall pay when due, the principal and interest as provided in said note.
<br />2. Borrower shall pay all general real estate taxes and special assessments against the property before the same
<br />become delinquent.
<br />3
<br />aa+k
<br />C'l-�
<br />1
<br />CD
<br />C�a
<br />.-a
<br />C2
<br />•
<br />
|