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<br /> C\~ ..m_ <br /> - ~ ~'- ;110 n n r-..:> <br /> ~~I~~ c'::..:) C> (j) I <br /> m :c )> (.~.., C) <br /> "'" m (I) en. 0-; <br />tv c: ......< " c:l> <br /> () ::t --\,' =3 N <br />iSl n Z ;;;<;; z-; <br />iSl :lJ = -;tT1 <br />:I: ~ C rTl t1- = 0 <br />en ~ ~~t ~ ~ -<0 <br />CSl m ~~- w 0" 0 <br />tv n :c t-" "z (r- I <br />CO G ~ . [ '" -rJ en <br />-->. 0 ....~ ::r:: ITl <br />W 6',~ ~. r~'l r ., t> co ~ I <br /> r~l :3 r :;0 l"0 <br /> 0 It> <br /> ~ +t ~ C/l U) C) <br /> ~ - N :::><: <br /> 0 l> t-" <br /> ~ --- C> ---- ---- <br /> ~. <br /> ~ ~ ~ 0 (j) W <br /> (j) z <br />-1 ,.,....( 0 <br /> * This Space Reserved for Register of Deeds * <br /> <br /> <br /> <br />DEED OF TRUST <br /> <br />/"'-5 <br />Ie..). 0 <br /> <br />THIS DEED OF TRUST is made on February 20, 2006, the Trustor is WILLIAM H. <br />THOMPSON AND JUNE D. THOMPSON, a married persons, aIk/a Borrower. The Trustee is <br />Doug Walker, Grand Island City Attorney. The Beneficiary is THE CITY OF GRAND <br />ISLAND, NEBRASKA, a municipal city corporation, aIkIa Lender. Borrower irrevocably <br />conveys to Trustee, in trust, with power of sale, the following: <br /> <br />Lot Three (3), in Block Eight (8), in Bonnie Brae Addition to the City of Grand Island, <br />Hall County, Nebraska. <br /> <br />Together with all the rents and profits therefrom and subject to easements and restrictions of <br />record, if any. <br /> <br />Borrower owes Lender Three Thousand One Hundred Fifteen Dollars and no/I 00 Dollars <br />($3115.00), 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 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 /> <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 or not then due. <br /> <br />5. If Borrower fails to perform the covenants and agreements herein contained, <br />Lender may do and pay for whatever is necessary to protect the value of the property and <br />Lender's rights in the property, including the paying of any sum secured by a lien which has <br />priority over this security instrument, appearing in Court, paying reasonable attorney fees and <br />