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<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 0160272071
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Socurity Instrument") is made on September 10, 2007. The grantor is CRAIG L
<br />PARO and KARLA A PARO, HUSBAND AND WIFE, whose address is 2110 STAGECOACH RD, Grand
<br />Island, Nebraska 68801 ("Borrower"). Borrower is not nocessarily the same as the Person or Persons who sign the
<br />Note. The obligations of Borrowers who did not sign the Note are explained further in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is
<br />TierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 . ("Trustee"). The
<br />beneficiary is TierOne Bank, which is organized and existing under the laws of the United States of America and
<br />whose address is 1235 'N' St / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). CRAIG L PARO and
<br />KARLA A PARO owe Lender the principal sum of Twenty Thousand and 00/100 Dollars (U.S. $20,000.00),
<br />which is evidenced by the note, consumer loan agreement, or similar writing dated the same date as this Security
<br />Instrument (the "Note"), which provides lor periodic payments ("Periodic Payments"), with the lull debt, if not
<br />paid earlier, due and payable on September 10, 2012. This Security Instrument secures to Lender: (a) the
<br />repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications ofthe
<br />Note; (b) the payment of all other sums, with interest, advmIced to protect the security of this Security Instrument
<br />under the provisions ofthe section titled Protection of Lender's Rights in the Property; and (c) the performance
<br />of Borrower's covenants mId agreements under this Security Instrument and the Note. For this purpose, Borrower,
<br />in consideration of tile debt and the trust herein created, irrevocably grants and conveys to Trustee, in tmst, with
<br />power orsaic, the following described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 2110 STAGECOACH RD, Grand Island, Nebraska 68801
<br />Legal Description: LOT TWENTY -SIX (26), REGENCY BY THE GREEN SUBDIVISION, IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />ParcellD/Sidwell Number: 400082381
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or herea1ter a part of the property. All replacements and additions shall also be
<br />covered by this Socurity Instrument. All of the foregoing is referred to in this Socurity Instrument as the
<br />"Property. II
<br />
<br />BORROWER COVENANTS that Borrower is lawfully seistXI of the estate hereby conveyed and has the right to
<br />!,'l'ant and convey the Property and that the Property is lUl en cumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, su~ject to
<br />any encumbrances ofrecord.
<br />
<br />Borrower and Lender covenant and agree as follows:
<br />
<br />t> 2004.2007 Copyrillht COII.pli."ce Syst""~. j,,,,. 8C9C-E6IJS - 2007.01.201
<br />C01lS\Uner Re:~ Estate. Seuurity IllStnlf1ltmt DL2036
<br />
<br />r.ge 1 of8
<br />
<br />www.compliancesyst.cms.com
<br />~OO-96~-~Sn - Fa>; 616-9S6-186X
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