|
n n
<br />;n D CJ
<br />r1 2 t'
<br />f�
<br />`S
<br />i
<br />200213666
<br />_c
<br />m
<br />n
<br />'s
<br />a
<br />C;
<br />n O T O
<br />r A i
<br />p � 3
<br />N N 7c m a
<br />C11 C1) n x
<br />cn M Q' O
<br />N
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made as of the 2nd day of December, 2002, by and among
<br />HERIBERTO LANDAVERDE and FRANCELI BELTRAN, Husband and Wife, ( "TRUSTOR "), whose \ �j
<br />mailing address is: 803 North Locust, Grand Island, Nebraska 68801 and EARL D. AHLSCHWEDE,
<br />Attorney at Law, (TRUSTEE'), whose mailing address is: P. O. Box 2300, Grand Island, Nebraska 68802
<br />and GRAND ISLAND AREA HABITAT FOR HUMANITY, INC., a Nebraska Corporation, i
<br />(BENEFICIARY "), 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 />Stale of Nebraska, and legally described as follows. (the "Property'):
<br />The Southerly 78 feet of Lot Six (6), Block Six (6), in Russel Wheeler's Addition to
<br />the City of 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 $46,562.00 with no interest thereon,
<br />as evidenced by the certain Promissory Note of even date (the "Note') with a maturity date of December
<br />2, 2022, 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 />L. 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 />
|