DEED OF TRUST L
<br />THIS DEED OF TRUST is made on October 14, 2004, the Trustor is JOSEPH �---
<br />SUNDERMEIER, a single person, a/k/a Borrower. The Trustee is the City Attorney. The
<br />Beneficiary is THE CITY OF GRAND ISLAND, NEBRASKA, a municipal city corporation,
<br />a/k /a Lender. Borrower irrevocably conveys to Trustee, in trust, with power of sale, the
<br />following:
<br />Lot One (1), Lambert's 2 "d Subdivision in the City of Grand Island, Hall County,
<br />Nebraska.
<br />Together with all the rents and profits therefrom and subject to easements and restrictions of
<br />record, if any.
<br />Borrower owes Lender Fifteen Thousand Eight Hundred Forty Dollars ($15,840.00),
<br />evidenced by Borrower's note of even date, payable according to the terms thereof.
<br />This security instrument secures to Lender the debt evidenced by said note, the payment
<br />of all other sums, with interest, advanced under the provisions hereafter to protect the security
<br />and the performance of Borrower's covenants and agreements.
<br />Borrower covenants that Borrower is lawfully seized of such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real
<br />estate against the lawful claims of all persons.
<br />This Deed of Trust shall be deemed subordinate to the Deed of Trust between the
<br />Borrower and Competitive Mortgage, October 14, 2004, which secures the balance of the debt
<br />for the purchase of the above described real estate.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />Borrower shall pay when due, the principal and interest as provided in said note.
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<br />This Space Reserved for Register of Deeds
<br />DEED OF TRUST L
<br />THIS DEED OF TRUST is made on October 14, 2004, the Trustor is JOSEPH �---
<br />SUNDERMEIER, a single person, a/k/a Borrower. The Trustee is the City Attorney. The
<br />Beneficiary is THE CITY OF GRAND ISLAND, NEBRASKA, a municipal city corporation,
<br />a/k /a Lender. Borrower irrevocably conveys to Trustee, in trust, with power of sale, the
<br />following:
<br />Lot One (1), Lambert's 2 "d Subdivision in the City of Grand Island, Hall County,
<br />Nebraska.
<br />Together with all the rents and profits therefrom and subject to easements and restrictions of
<br />record, if any.
<br />Borrower owes Lender Fifteen Thousand Eight Hundred Forty Dollars ($15,840.00),
<br />evidenced by Borrower's note of even date, payable according to the terms thereof.
<br />This security instrument secures to Lender the debt evidenced by said note, the payment
<br />of all other sums, with interest, advanced under the provisions hereafter to protect the security
<br />and the performance of Borrower's covenants and agreements.
<br />Borrower covenants that Borrower is lawfully seized of such real estate and has the legal
<br />power and lawful authority to convey the same and warrants and will defend title to the real
<br />estate against the lawful claims of all persons.
<br />This Deed of Trust shall be deemed subordinate to the Deed of Trust between the
<br />Borrower and Competitive Mortgage, October 14, 2004, which secures the balance of the debt
<br />for the purchase of the above described real estate.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />Borrower shall pay when due, the principal and interest as provided in said note.
<br />1J
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