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<br /> r~ m <br /> ~::--:> f;) (f) ~~ <br /> \;)~~h .-.=:> <br /> ~ g ~ ........, l.. co O...-l <br /> ~ D f) :::+- m r:"'~ =3 c::> <br /> ~ (F'~ -n ~ z-l <br /> m ::n . , ;::0 -l1"1 "'1"1 <br /> Db- c: n ::I: ,.,., ;::0 -<0 00 <br /> ~;>-( C;; c"'\ Z ~ ~>.{- 0)> <br /> ;'..Cd -1) ~ 0 ........ 0""-' <br />1'0 1: CO """z UJ <br />(Sl bt~ ~ m !<!J ~ -"T1 t). CO - <br />(Sl n (J'J 0 :r: nl Z <br />(Xl ~ ::c ro r -U > W C) en' <br /> ~~.=:. r; 5 r:::tl -t <br />(Sl rn :::3 r'0 :0 <br />1'0 ~ ~:::::. 0 r> c:: <br />1'0 , "-\-Cl.... (f> IJ> rv Ei: <br />m r'\.J) '"' <br />1'0 ~ ~\ l> c;n ~ <br /> / a ................... <br /> ~ ~ rv (I) .~. is <br /> ~ {f) <br /> ~ ~ <br /> ~ <br /> '> <br /> Sl..., <br /> <br />DEED OF TRUST <br /> <br />jlt> OD <br />I <br /> <br />THIS DEED OF TRUST is made on February 22, 2008 <br /> <br />The Trustors are Alisa A. Grim, also known as Borrowers. <br /> <br />The Trustee is the Wesley D. Nespor, Grand Island City Attorney <br />The Beneficiary is City of Grand Island, also known as lender. <br />Beneficiary's address is PO Box 1968, Grand Island, NE 68802-1968. <br /> <br />Borrowers irrevocably convey to Trustee, in Trust, with power of sale, the following: <br /> <br />The East 1/2 of Lot Seven (7) and the West Six (6) feet of Lot Eight (8), Block Ninety-Three (93), in <br />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 record, if any. <br /> <br />Borrowers owe lender up to $4,111.25, evidenced by Borrowers' Note of even date, payable according to <br />the terms thereof. <br /> <br />This Security Instrument secures to lender the Debt evidenced by said Note, the payment of all other sums, <br />with interest, advanced under the provisions hereafter to protect the security and the performancy of Borrowers' <br />covenants and agreements. <br /> <br />Borrowers covenant that Borrowers are lawfully seized of such real estate and have the legal power and <br />lawful authority to convey the same and warrant and will defend title to the real estate against the lawful claims of all <br />persons. <br /> <br />BORROWERS AND lENDER AGREE AS FOllOWS: <br /> <br />1. Borrowers shall pay when due, the principal and interest as provided in said Note. <br /> <br />2. All payments received by lender shall be first applied to advances which may have been made by <br />Lender and then to interest due and last to principal due. <br /> <br />3. Borrowers shall pay all general real estate taxes and special assessments against the property before <br />the same become delinquent. <br /> <br />4. If Lender determines that any part of the property is subject to a lien, which is or may attain priority over <br />this security instrument, Lender may give Borrowers a notice identifying the lien and Borrowers shall satisfy the lien <br />within ten (10) days. <br /> <br />5. Borrowers shall keep the improvements on said premises insured against loss by fire and hazards <br />included within the term "extended coverage" for their insurable value and policies for the same shall include a <br />standard mortgage clause showing Lender herein. In event of loss, lender may make proof of loss if not promptly <br />made by Borrowers. Insurance proceeds shall be applied to restoration or repair of the property damaged, unless <br />both parties otherwise agree, except if restoration or repair is not economically feasible or Lender's security is not <br />lessened, otherwise said proceeds shall be paid m the debt herein, whether or not then due. Lender shall be listed <br />on such insurance policy as "Loss Payee". <br /> <br />Page 1 of 3 <br />