|
<br />t\.:J
<br />o
<br />o
<br />(Xl
<br />o
<br />-->.
<br />W
<br />01
<br />Q)
<br />
<br />~
<br />;;
<br />:z
<br />~
<br />1""1
<br />.....
<br />-
<br />-t
<br />~
<br />61)
<br />",
<br />:g
<br />n
<br />rn
<br />en
<br />
<br />~
<br />-n
<br />C
<br />,.1 ('!l . . ,. z
<br />"j:' n'g
<br />rn > ..
<br />~~
<br />
<br />i~
<br />n:a:
<br />1'1:
<br />
<br />:''''"'_:'l
<br />~~'t:~~
<br />~~
<br />
<br />C) (.I'
<br />C) --1
<br />c: "";".-JI'"
<br />-.... ~,~
<br />~~ f';
<br />
<br />"'-. I
<br />':h.
<br />..~ ""~\'\"
<br />r" c"
<br />Co) ~:--
<br />Co \'
<br />
<br />....n
<br />r<'"1
<br />CD
<br />N
<br />o
<br />
<br />-< c:~
<br />
<br />0""
<br />'"'l ;."
<br />_.~= 1"'
<br />1)- t"';":
<br />r~- :.:0
<br />r- ;'"
<br />(/)
<br />7,
<br />>-
<br />
<br />~ ' ~;,"
<br />'1' i...
<br />
<br />~i'l
<br />
<br />",. I
<br />(y
<br />~\
<br />R
<br />t-
<br />
<br />o
<br />N
<br />
<br />
<br />r~:".J
<br />"1
<br />
<br />-0
<br />:::3
<br />
<br />C'
<br />U)
<br />
<br />r-,J
<br />
<br />r
<br />
<br />---- ----
<br />
<br />((J
<br />(f)
<br />
<br />(Space Abovc This Line For Rccording Dala)
<br />
<br />LOAN NUMBER: 9082
<br />
<br />DEED OF TRUST
<br />
<br />DEFINITIONS. Words used in multiple sections of this document are defined below and other words are defined
<br />in Sections 3, II, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this document are also
<br />provided in Section 16.
<br />(A) "Security Instrument" means this document, which is datcd February 12,2008, together with all Riders to
<br />this document.
<br />(B) "Borrower" is Larry L. Majerus and Linda M. Majerus, husband and wife, whose address is 14030 S
<br />70th Rd, Doniphan, Nebraska 68832 who is/are the trustor(s) under this Security Instrument.
<br />(C) "Lender" is Pathway Bank. Lender is a Corporation organized and existing under the laws of Nebraska.
<br />Lender's address is 306 S. High PO Box 428, Cairo, Nebraska 68824 . Lender is the beneficiary under
<br />this Security Instrument.
<br />(D) "Trustee" is Pathway Bank.
<br />(E) "Note" means the promissory note signed by Borrower and dated February t 2, 2008. The Note states that
<br />Borrower owes Lender One Hundred Thousand and 00/100 Dollars (U.S. $100,000.00) plus interest.
<br />Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than
<br />June] 2, 2008.
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property." I
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due
<br />under the Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Riders" means all Riders to this Security Instrument that are executed by the Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />
<br />~ Adjustable Rate Rider Em Condominium Rider O. Second Home Rider
<br />_ Balloon Rider . ... Planned Unit Development Ride Other(s)[specify]:
<br />1.4 Family Rider Biweekly Payment Rider
<br />
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances
<br />and administrative rules and orders (that have the effect of the law) as well as all applicablc final, non.
<br />appealable judicial options.
<br />(J) "Community Association Dues, Fees, and Assessments" means all ducs, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an
<br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine
<br />transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i)
<br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the
<br />value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the
<br />Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(P) "RESP A" means the Real Estate Settlement Procedures Act (12 U .S.c. 9260 I et seq.) and its implementing
<br />regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended tl'om time to time, or any
<br />additional or successor legislation or regulation that governs the same subject matter. As used in this Security
<br />Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally
<br />
<br />NEllkASKA - ~inglc Fml1ily - hnni,,~ MIt~dh\~lh'it~ Mlu' llNlfORM INSTRUMENT
<br />(l) 2004-2006 Copyright Clllllpham:::e Syst~tllS, Inc. 2D26-6F78 - 2006.] 1,140
<br />Sin ,Ie Famil Real Estate. Secunt lnstrument DL2047
<br />
<br />P'~ij,c:.L~~~_._
<br />
<br />f"llrmJUZH IIIlI
<br />www.conlpllancesysterns,corn
<br />800.968.~5n . Fax 616,956,18681
<br />
<br />Initials
<br />
<br />c::>
<br />r'0 rn
<br />0 z
<br />-t
<br />c:::> m
<br />:0
<br />(Xl rn
<br />CI
<br />Cl >
<br />l--'" en
<br />Z
<br />0.) ~
<br />c..n ~
<br />0:> m
<br /> Z
<br /> .0
<br />55.51)
<br />
|