|
<br /> ,a n ~
<br /> rn :c: r-,>
<br /> "T1 ~ C:~::iJ Q (j)
<br /> C ::J: = 0 ~
<br /> Z =:>
<br /> n ,.:;: 'l. c::l>
<br /> :J: n 0 r-\: :D :z ~
<br /> )> ~(I ::1:' ':-' -0 --if'll
<br /> m r"; ~\.. :::0
<br /> n (I) <.-;, 1- -< c.
<br />N :;iJ"l; :I: <:;:,. 0 ""1'1
<br />S o \ W "'Tl :z
<br />S "." 't~.
<br /> :r: rTj
<br />(j.) 0 P- CD
<br />cS I"n t\ --0 I :;:J
<br />N I" :::3 I P-
<br />o:> 0
<br />-.....J U) (f)
<br /> () ~ l"'....:> '"'
<br />W :t>
<br /> ....c ........ '--'
<br /> ..c (f)
<br /> DEED OF TRUST (f)
<br />
<br />
<br />
<br />:I>
<br />C
<br />;;
<br />:z:
<br />~
<br />C>
<br />I'TI
<br />......
<br />=i
<br />r-
<br />rn
<br />(;')
<br />",
<br />:::0
<br />-=
<br />c:;
<br />.....
<br />en
<br />
<br />THIS DEED OF TRUST, is made as of the 30't day of March, 2006, by and among, Gerrie Roberson,
<br />a single person, ("Trustor"), whose mailing address is 202 Oak Street, Alda,NE 68810, Gary D. Byrne, a member of
<br />the Nebraska State Bar Association ("Trustee"), whose mailing address is P.O. Box 929, NorthPlatte,NE 69103-929
<br />and Becky 1. Johnson, ("Beneficiary"), whose mailing address is4612 Tara Place, Grand Island,NE 68001.
<br />
<br />FOR VALUABLE CONSIDERA nON, Trustor irrevocably transfers, conveys and assigns to Trustee,
<br />IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and
<br />conditions ofthis Deed of Trust, the real property located in the County of Hall, State of Nebraska, and legally described
<br />as follows (the "Property"):
<br />
<br />That part of Block Four (4), in Browns Addition to the Village of Aida, Hall County, Nebraska,
<br />more particularly described as follows, to-wit: Commencing at the Southeast corner of said
<br />Block Four (4), running thence Northerly One Hundred Fifty (150) feet along and upon the
<br />East line of said Block Four (4), thence Westerly Fifty (50) feet parallel to the South line of
<br />Block Four (4), running thence Southerly One Hundred Fifty (150) feet parallel with the East
<br />line of said Block Four (4), running thence Easterly along and upon the South line of said
<br />Block Four (4), a distance of Fifty (50) feet to the place of beginning.
<br />
<br />TOGETHER WITH, all rents, easements, appurtenances, hereditaments, interests in adjoining roads,
<br />streets and alleys, improvements and buildings of any kind situated thereon and all personal property that may be or
<br />hereafter become an integral part of such buildings and improvements, all crops raised thereon, and all water rights.
<br />
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as
<br />the "Trust Estate".
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />a. Payment of indebtedness in the total principal amount of $8,990.00 with interest thereon, as
<br />evidenced by that certain promissory note of even date (the "Note") with a maturity date of May 1, 2036, executed by
<br />Trustor, which has been delivered and is payable to the order of Beneficiary, and which by this reference is hereby made
<br />a part hereof, and any and all modifications, extensions and renewals thereof, and
<br />
<br />b. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon at
<br />the rate of9.05% ill1: annum, and
<br />
<br />c. The performance of Trustor's covenants and agreements.
<br />
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure the payment
<br />and performance of any obligation secured hereby are referred to collectively as the "Loan Instruments".
<br />
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />
<br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the
<br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan Instruments.
<br />
<br />2. TAXES AND ASSESSMENTS. Trustor shall pay all taxes and special assessments of every
<br />kind, now or hereafter levied against the Trust Estate or any part thereof directly without notice or demand as each
<br />installment comes due and shall provide the Beneficiary with evidence of the payment of the same.
<br />
<br />3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage insurance
<br />insuring the improvements and buildings constituting part of the Trust Estate for an amount no less than the amount of
<br />the unpaid principal balance of the Note (co-insurance not exceeding 80% permitted). Such insurance policy shall
<br />contain a standard mortgage clause in favor ofBenet1ciary and shall not be cancelable, terminable or modifiable without
<br />ten (10) days prior written notice to Beneficiary. Trustor shall furnish Beneficiary a certificate of insurance coverage
<br />at Beneficiary's request, with a provision in such certificate that the insurer shall provide Beneficiary ten (10) days
<br />advance notice of any cancellation of the policy at any time for any reason, or of expiration of policy without renewal
<br />thereof. Trustor shall promptly repair, maintain, and replace the Trust Estate or any part thereof so that, except for
<br />ordinary wear and tear, the Trust Estate shall not deteriorate. In no event shall the Trustor commit waste on or to the
<br />Trust Estate.
<br />
<br />4. ENVIRONMENTAL COMPLIANCE. Trustor shall comply with all federal, state, and local
<br />environmental laws, ordinances, rules, requirements, regulations, and publications as now existing or hereafter existing,
<br />amended, supplemented, or supplanted relating to the preservation of the environment or the regulation or control of
<br />toxic or hazardous substances or materials. Trustor hereby warrants and represents to Beneficiary that there are no toxic
<br />or hazardous substances or materials on or under the Property. Trustor does hereby indemnify and hold Beneficiary
<br />harmless and any successors to Beneficiary's interest from and against any and all claims, damages, losses, and liabilities
<br />arising in connection with the presence, use, disposal, or transport of any substance which is the subject of any
<br />environmental law, regulation, or control of toxic or hazardous substances or materials on, under, from, or about the
<br />Property. This indemnity shall survive reconveyance of the Property secured by this Trust Deed.
<br />
<br />5. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and contest any action
<br />or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee, and shall pay all
<br />costs and expenses, including cost of evidence of title and attorney's fees, in any such action or proceeding in which
<br />Beneficiary or Trustee may appear. Should Trustor fail to make any payment or to do any act as and in the manner
<br />
<br />~I
<br />~~
<br />
<br />~I
<br />:z
<br />o
<br />
<br />/S.50
<br />
|