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<br />Date
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<br />CORRECTIVE
<br />DEED IN LIEU OF FORECLOSURE
<br />John L. Trejo and Gloria J. Trejo, husband and wife, Grantor, in lieu of foreclosure, conveys
<br />unto Bank of Clarks, Grantee, the following described real estate as defined in Nebraska Revised S S
<br />Statutes Section 76 -201:
<br />The Southerly Eighty (80) Feet of Lot Five (5), Block Six (6),
<br />Windolph's Addition to the City of Grand Island, Hall County Nebraska
<br />together with all buildings, improvements, fixtures, and appurtenances located thereon.
<br />Grantor covenants with Grantee that Grantor is lawfully seized of such real estate and that
<br />the real estate is free from encumbrance, except encumbrances of record; has legal power and
<br />lawful authority to convey the real estate; warrants and will defend the title to the real estate against
<br />the lawful claims of all persons.
<br />Non- Merger. Grantor and Grantee acknowledge and agree that this Deed in Lieu of
<br />Foreclosure does not merge the fee simple title of the real estate with the lien hold interest of Bank
<br />of Clarks by reason of a Deed of Trust recorded as instrument number 0200103063, at the office of
<br />the Register of Deeds of Hall County, Nebraska, dated April 9, 2001. It is the Bank of Clarks's
<br />intention to hold the fee simple title subject to the Bank's own liens against the real estate and to
<br />retain all rights of a secured creditor with respect to the property including, but not limited to, the
<br />right to sale under the Nebraska Trust Deed Act and the right to commence a judicial foreclosure.
<br />Dated: —N "°��' (�P j JOG y
<br />John L. Trejo
<br />�
<br />Gloria J. Trejo
<br />STATE OF NEBRASKA, COUNTY OF � °�"'\
<br />The foregoing instrument was acknowledged before me on � , 2004, by
<br />John L. Trejo and Gloria J. Trejo, husband and wife. A
<br />Notary Public
<br />corcectivetrejodeedinlieu.pl
<br />GENERAL NOTARY - State of Nebraska
<br />! RICHARD G. MLINAR
<br />�'�27 3. My Comm. Up. Sept. 1, 2005
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<br />John L. Trejo and Gloria J. Trejo, husband and wife, Grantor, in lieu of foreclosure, conveys
<br />unto Bank of Clarks, Grantee, the following described real estate as defined in Nebraska Revised S S
<br />Statutes Section 76 -201:
<br />The Southerly Eighty (80) Feet of Lot Five (5), Block Six (6),
<br />Windolph's Addition to the City of Grand Island, Hall County Nebraska
<br />together with all buildings, improvements, fixtures, and appurtenances located thereon.
<br />Grantor covenants with Grantee that Grantor is lawfully seized of such real estate and that
<br />the real estate is free from encumbrance, except encumbrances of record; has legal power and
<br />lawful authority to convey the real estate; warrants and will defend the title to the real estate against
<br />the lawful claims of all persons.
<br />Non- Merger. Grantor and Grantee acknowledge and agree that this Deed in Lieu of
<br />Foreclosure does not merge the fee simple title of the real estate with the lien hold interest of Bank
<br />of Clarks by reason of a Deed of Trust recorded as instrument number 0200103063, at the office of
<br />the Register of Deeds of Hall County, Nebraska, dated April 9, 2001. It is the Bank of Clarks's
<br />intention to hold the fee simple title subject to the Bank's own liens against the real estate and to
<br />retain all rights of a secured creditor with respect to the property including, but not limited to, the
<br />right to sale under the Nebraska Trust Deed Act and the right to commence a judicial foreclosure.
<br />Dated: —N "°��' (�P j JOG y
<br />John L. Trejo
<br />�
<br />Gloria J. Trejo
<br />STATE OF NEBRASKA, COUNTY OF � °�"'\
<br />The foregoing instrument was acknowledged before me on � , 2004, by
<br />John L. Trejo and Gloria J. Trejo, husband and wife. A
<br />Notary Public
<br />corcectivetrejodeedinlieu.pl
<br />GENERAL NOTARY - State of Nebraska
<br />! RICHARD G. MLINAR
<br />�'�27 3. My Comm. Up. Sept. 1, 2005
<br />
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