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<br /> . - -.-.------.-----...- ..--.----...- -..---.- .......-.-.-.--.-.... <br /> 10 on <br /> sa m :r:~ ' <br /> "T1 men'........ <br /> C 0 ::I: .-", ~I <br /> Z G:'"J <br /> e- n '" = ('") U) <br /> %: ~ C , -..:r 0 -~ <br />N ~ -., c: :D- <br />s m ~ ~~ -rl Z -; <br /> n (/) ~ rr'I <br />S '" :z: co -;fT1 <br />-...J ~,~ -< 0 a;- <br />s g N 0 "'T1 Cl <br />--" <br />~ ~ en "T1 <br /> r ....... -.,J i <br />0) 0 ::r::: ("1"1 <br />()1 ,..,., -0 :D- en c:> <br /> rrJ ::3 r ::0 <br /> 0 r :t:>- I--' <br /> (fl (f) ~! <br /> W ^ -c <br /> l> en <br /> CJ1 ---- .... <br /> CO (f) CJ"1 Z <br /> if) 0 <br /> <br />* This Space Reserved for Register of Deeds * <br /> <br />DEED OF TRUST <br /> <br />(:'~_.-- <br />,> C"./ <br />c> <br /> <br />THIS DEED OF TRUST is made on February 23, 2007, the Trustor is Alisa A. Grim, <br />single person, a/k/a Borrower. The Trustee is Dale Shotkoski, Grand Island 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 /> <br />The East Y2 of Lot Seven (7) and the West Six (6) feet of Lot Eight (8), Block <br />Ninety- Three, in Original Town, now City of Grand Island, Hall County, <br />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 Eight-Thousand Two Hundred Six Dollars and no/lOO Cents <br />($8206.00), 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 />