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<br /> 10 n~' <br /> ~ m X ,.... <br /> ." mIen \.. ;"......::;j D~ <br /> c:: nx (::::-~..)I (') (11 <br /> r- Z ('~ <br /> n il'c::: "~,r ~ 0 --i <br /> % n 0 ,," --;:~~-"'\>~ ::3 c: J> ~a: <br />N l;; $!I z -1 <br /> rn ".0 (_ = f'Tl <br />G n nl (i-. -c: -l <br />G ~ ::c IS\ C) {-- -< c) C)it <br />-..J 0"-:'" r\J C) '1 <br />is U\ ......... '1 <br />.f::>. "" z ~~ <br /> ~,r <br />~ C) 0 ,. ::I: rtl <br />W fTl r -U J> ;.t.) <br />c:.n rT1 ::3 :;:0 <br /> Cl r J> <br /> (f) (f) :1 <br /> ..::: ;.><; <br /> (' :t> <br /> C) ~'~ <br /> ......... (j'l Ul ~ <br /> (j'l <br /> <br /> <br /> <br />· This Space Reserved for Register of Deeds · <br /> <br />- <br /> <br />DEED OF TRUST <br /> <br />~ <br />\,')~ <br /> <br />THIS DEED OF TRUST is made on May 18, 2007, the Trustor is Leanne R. Mead, a <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 North 40 feet of Lot 11, Block 2, Axt and Hagge's Addition to th City of <br />Grand Island, 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 Fifteen Thousand Three Hundred Eighty-five Dollars and 09/100 <br />Cents ($15,385.09), evidenced by Borrower's note of even date, payable according to the terms <br />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 ofthe 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 /> <br />,'---I:;(j L. <br />~'------ <br />