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N is is --.J is c..:> .J::>. .J::>. c..:> 10 n .~ m ::z: C!! m en Z n :E: n ~ :c ~ C :-.......)- ~f !-!' f,':~~,.) (""') m I\"'::..;:J (f) n en "-,j --3 <:) --i :J: '-. c: l> ,.;; ~. ...__o'\. "'" -:n ::n j:::\ --0 z -; rn t'. :::0 --i rn l1\ ,") ""- -< c. 0 o ..::"-t: W 0 "'TJ oa- """T1 C> -'-1 Z t::J t; :r rr"l ~i r-,., ::\ ',~ -0 :t:> C':::J rr: " 0 e ::3 r ;-:u r ).'~ en (/) ~ l"'0 ^ ~! \' l> ~ ................ U1 (.f) C/} w~ · This Space Reserved for Register of Deeds .. :t:- O ;; Z -... :J:=ii C") rn -I ===i r- rr'I en rn ::0 0< n rTl en __7'..---" DEED OF TRUST ~ ~ THIS DEED OF TRUST is made on April 27, 2007, the Trustor is Jorge A. Gonzalez and Gina L. Gonzalez, married persons, aIk/a Borrower. The Trustee is Dale Shotkoski, Grand Island City Attorney. The Beneficiary is THE CITY OF GRAND ISLAND, NEBRASKA, a municipal city corporation, a/k/a Lender. Borrower irrevocably conveys to Trustee, in trust, with power of sale, the following: Lot 9, Block 1, ofAxt and Hagge's Addition, City of Grand Island, Hall County, Nebraska Together with all the rents and profits therefrom and subject to easements and restrictions of record, if any. Borrower owes Lender Sixteen Thousand Four Hundred Five Dollars and 30/1 00 Cents ($16,405.30), evidenced by Borrower's note of even date, payable according to the terms thereof. This security instrument secures to Lender the debt evidenced by said note, the payment of all other sums, with interest, advanced under the provisions hereafter to protect the security and the performance of Borrower's covenants and agreements. Borrower covenants that Borrower is lawfully seized of such real estate and has the legal power and lawful authority to convey the same and warrants and will defend title to the real estate against the lawful claims of all persons. BORROWER AND LENDER AGREE AS FOLLOWS: 1. Borrower shall pay when due, the principal and interest as provided in said note. 2. Borrower shall pay all general real estate taxes and special assessments against the property before the same become delinquent. 3. If Lender determines that any part of the property is subject to a lien, which is or may attain priority over this security instrument, Lender may give Borrower, a notice identifying the lien and Borrower shall satisfy the lien within ten (10) days. 4. Buyer shall keep the improvements on said premises insured against loss by fire and hazards included within the term "extended coverage" for their insurable value and policies for the same shall include a standard mortgage clause showing Lender herein. In event of loss, Lender may make proof of loss if not promptly made by Borrower. Insurance proceeds shall be applied to restoration or repair of the property damaged, unless both parties otherwise agree, except if restoration or repair is not economically feasible or Lender's security is not lessened, otherwise said proceeds shall be paid on the debt herein, whether or not then due. 5. If Borrower fails to perform the covenants and agreements herein contained, Lender may do and pay for whatever is necessary to protect the value of the property and Lender's rights in the property, including the paying of any sum secured by a lien which has priority over this security instrument, appearing in Court, paying reasonable attorney fees and entering the property to make repairs. Any amount disbursed by Lender under this paragraph