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<br /> <br /> Ifl XJ Q2:, <br /> rn ~ <br /> ." <=::> C">(I) <br /> - c:: m (.I) \...... c:;> <br /> . n:I: ~f "-"" 0-1 <br />N ~ n Z '" c:J c: :l> <br />(5) 1: n C'J ,..,., z-j <br />CSl r-n )> !{J "., l-- ~ -jJTI <br />(J1 U) n en <:') -<0 <br />-'" c' <br />N ~ ~ ::t: \5', C> o ""T1 <br />S "'TJ CO "'z <br />ex> \J\ 0 r ::r JTI <br />Q') C "., ""'0 :l>CO <br /> m :3 r ;:0 <br /> 0 .:l> <br /> (f) (I) <br /> ~ ;:><; <br /> l> <br /> C> .......... '''-"'' <br /> CJ1 (J? <br /> (J? <br />'--r <br />! <br /> * This Space Reserved for Register of Deeds * <br /> <br /> <br />..... <br /> <br /> <br /> <br /> <br />rrl <br />Oa <br />~~ <br />;::~' <br />O~ <br />:i <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is made on December 8, 2005 , the Trustor is Mainor Isabel <br />Mendez-Perdomo, single person, a1k/a Borrower. The Trustee is Doug Walker, Grand Island <br />City Attorney. The Beneficiary is THE CITY OF GRAND ISLAND, NEBRASKA, a municipal <br />city corporation, alk/a Lender. Borrower irrevocably conveys to Trustee, in trust, with power of <br />sale, the following: <br /> <br />Lots Three (3), John's Voitle's Second Subdivision il the City Of Grand Island, <br />Hall County, Nebraska. <br /> <br />Together with all the rents and profits there from and subject to easements and <br />restrictions of record, if any. <br /> <br />Borrower owes Lender Twenty Thousand Six Hundred Dollars and Zero Cents <br />($20,600.00), evidenced by Borrower's note of even date, payable according to the terms thereof. <br /> <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 /> <br />Borrower covenants that Borrower is lawfully seized of sue'} real estate and has the legal <br />power and lawful authority to convey the same and warrants ami will defend title to the real <br />estate against the lawful claims of all persons. <br /> <br />This Deed of Trust shall be deemed subordinate to the Deed of Trust between Home <br />Federal Bank, December 8, 2005, which secures the balance of th.;~ debt for the purchase of the <br />above described real estate. <br /> <br />BORROWER AND LENDER AGREE AS FOLLOWS: <br /> <br />1. Borrower shall pay when due, the principal and interest as provided in said note. <br /> <br />2. Borrower shall pay all general real estate taxes and special assessments against <br />the property before the same become delinquent. <br /> <br />3. If Lender determines that any part of the property is subject to a lien, which is or <br />may attain priority over this security instrument, Lender may give Borrower, a notice identifying <br />the lien and Borrower shall satisfy the lien within ten (10) days. <br /> <br />4. Buyer shall keep the improvements on said premises insured against loss by fire <br />and hazards included within the term "extended coverage" for their insurable value and policies <br />for the same shall include a standard mortgage clause showing Lender herein. In event of loss, <br />Lender may make proof of loss if not promptly made by Borrower. Insurance proceeds shall be <br />applied to restoration or repair of the property damaged, unless both parties otherwise agree, <br />except if restoration or repair is not economically feasible or Lender's security is not lessened, <br />otherwise said proceeds shall be paid on the debt herein, whether 01 not then due. <br /> <br />\:0\ <br />\) ~ <br /> <br />"'''' <br />