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<br /> ';G n () <br /> m :c )l0- <br /> r') .,., m (^ <br /> c: () X ~ <br /> Z ~ = o (j"l <br /> -+. n c:> c:::> <br /> n 0 ~ ~ O-i <br /> ..........:: :I: c::'X> <br /> m l;; c:.n ::D z-i f"-' <br /> .. <br /> n ;xJ ~ = ..,.", C) <br />N Q :I: ~~- C? <br />S '" -<0 <br />s ~ 0'"'1 c:> <br />-..J CD '"'1z <br />S '0 "^TJ ~ -..J <br />0') 0 :r:rn <br />-..J # fTl t ::0 ~m 0 <br />0') fTl :3 r :::0 en <br />m :5 Ii::) r l> <br /> if) ....... (j"l -..J <br /> ~. ~ ::><:: <br /> l> en <br /> H 0 ~,~ <br /> CD (f) en <br /> V) (fII I <br /> "" <br /> ,) <br /> Sl.. <br /> · This Space Reserved for Register of Deeds · <br /> <br /> <br /> <br />J 5.50 <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is made on May 22,2007, the Trustor is Jacqueline D. Brown, 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 />Lest 5, Block 4, in Koehler Place, an addition to the City Of Grand Island, Hall <br />~ County, Nebraska <br /> <br />ri7 <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 Twenty Five Thousand Dollars and no/lOO Cents ($25,000.00), <br />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 />