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<br />() <br />~-- <br />(I) 0 +' <br />~ ~~ <br />~~ -h <br />H-(/) <br />t., -S> ~' <br />-l)- , <br />rQo~ <br />~ H <br />2: l.1 <br />tr\ - <br />fJ <br />cs--.. , <br />~ ~ <br />~ <br />~ <br />t' <br /> <br /> '" n ~ <br /> m :J: <br /> .." <br /> c: m <br /> Z n <br />n " ........ <br />:c n c g Ocn ~i <br />~ 1;; !-!' ~, - O-i <br /> ...... C:)> <br />'" :r: ~ ~~' :::0 z~ <br /> c:: <br /> ~.. .~. C':) ~tTl <br /> 8 -<0 <br /> t- 0-'" oar <br /> .." C1) ..,.,:<;: <br /> g ~ ;r ITl ~i <br /> n"l t ::0 p. to <br /> f"1 :s .::0 <br /> 0 r-:t>- <br /> E:/:) ~' en ~I <br /> ...... ::>": <br /> >> <br /> ....... ~'~~ <br /> ....... (f1!J <br /> /II) ...cz <br /> 0 <br /> <br />N <br />S <br />S <br />--.J <br />S <br />--.J <br />S <br />W <br />+:0. <br /> <br />* This Space Reserved for Register of Deeds * <br /> <br />16 .co <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is made on August 10, 2007, the Trustor is Ever Leyva and <br />Griselda Leyva, married persons, a/k/a Borrower. The Trustee is Wesley Nespor, Grand Island <br />City Attorney. The Beneficiary is THE CITY OF GRAND ISLAND, NEBRASKA, a municipal <br />city corporation, a/k/a Lender. Borrower irrevocably conveys to Trustee, in trust, with power of <br />sale, the following: <br /> <br />The East one-third of Lot Two (2) and the West one-third of Lot One (1), Block <br />Seventy Five (75) original town, now City Of 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 Twenty-Five Thousand Dollars and no/100 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 />