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86103284
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Last modified
10/18/2011 12:24:51 PM
Creation date
3/31/2008 2:38:34 PM
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DEEDS
Inst Number
86103284
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dcbdl ..... M ........... .................. Book Few <br />nov"da. <br />ALSO KNOWN AS: 1511 W.Koenig, Grand Island, Hall County, Nebraska. <br />OefauN I times Rollie: 4% above rate of note <br />Pdw Encunlbnnces (N any): <br />THE GENERAL TERMS OF THIS INSTRUMENT ARE: <br />CoMlyanee end warfalNly. For valuableconslderalwn, the Debtor hereby conveys the Properly to the Public Trustee of thecounly in Colorsdo <br />in which the Properly is located. in trust forth* Beneficiary. The " Properly - includes thereat estate described above (undOr Specific Terms) logetherwith <br />all of the improvements located on me Property, now or in the future, and all easements, rights, royalties, minerals. properly interests underlaaaN, water <br />rights and rights to transport water (I MIuding any wells, pumps and motors) and all other appurtenances to the Property of whatever description• includ- <br />ing replacements and additions. The Debtor hereby warrants title to the Property, subject to the following matters. (I) the lien of the general property tax <br />for the yew of this Dead of Trust: (it) any special assessments for indebtedness not due and payable on the date of this Dead of Trust, (iii) sesem*nts. <br />nghts- ol•way, reservations, covenants. restrictions. and mineisl or other leases, to the extent that any of those items has boon established by an imlru- <br />meM re drded prior to the dole of this Deed of Trust in the real estate records of the county in which the Property is located, or 10 In* extent that any of <br />lhoaa items half been established by use. and (iv) any prior encumbrances specifically referred to above (under Specific Terms). This conveyance is in <br />tent for the benefit of the Beneficiary, and the Debtor acknowledges that the Public Trustee of the county in which the Properly is located. as wall asany <br />duly appointed successor. shall haw, with respect to the Property, all of the rights. powers and authority granted by applicable Colorado law and by Me <br />tomb of this Dead of Trust. including the! power of sale in the event of default <br />AaaiSl~l of RN1b Wd RoyalMes. In conjunction with the conveyance of the Properly to Ins Public Trust* the Debtor hereby Assigns 10 the <br />Bekeliciatry as additional security for the Indebtedness all rents. royalties and other payments attributable to the us* or consumption of Me Properly. <br />However. the Debtor shall, unless and until the Beneficiaryexercises his acceleration rights following a default, her* the rightl0 CAINct and refefnah Such <br />rants. royalties and other such payments as they become due and payable. <br />Cond*WWIaM M Awafft The Debtor hereby assigns to the Beneficiary all condemnation awards paid with respect to the Property, except for any <br />portion of am *ward which exceeds hart balance of the Indebtedness and except for any portion of the award which tan Beneficiary alece not to accept. <br />The words•'cond*nrnstion award" include all payments made by arty condemning authority for the taking of or for dance" to the Property OF any POrlion <br />of the property. end a" include payments niaife to Ileu of condemnation. The Debtor retains the right to that portion of tan award which exceeds Vie <br />amount of hadebato nees dw at the time of the award . <br />w♦♦IrlR of HOaneld". The Debtor hereby fully and absolutely waives and releases ms fight under any Colorado or federal low. including any an- <br />Wed in the future. to Claim the Properly as a homestead or to claim any other exemption with respect to tan Properly This paragraph is made for the <br />benefit only of the Beneficiary (as defined below) and ntey not be relied upon by any other person <br />Dlb s RdaUnd;RISb4. The Debtor retains the fight to the possession. use and enjoyment of the Property. except asothKwiN provided in this <br />Dead of Trust. The Debtor also rejoins the right to require the Public Trustee to Iully raises* the interest in :h- Property conveyed to IhoPubhC Trustee by <br />this Deed of Trust such time as the ndebtednew has been fully paid or otherwise satisfied: and tan Debtor rets ris the right to require partial release by <br />we public Trustee. if provisiau for partial releases have been added or referred to below. The Debtor shah be entitled to reunbursehen) from the Barteh- <br />�' Glary for, alt Coats incurred by the Debtor in obtaining releasss or partial re asses, to the extent M* toes are related 10 a ladur*of • refusal 011he Barnett <br />to dMner Loth, "je Trtnw the nor* wide:lcing. the Indebtedness and lode liver any other instruments IawluMy required by ate Public Tnotes. <br />Ad 0111 b1ndeVMd11lM. The Indebtedness with r*Wwl to which this Deed of Trust is given includes not only the balance from diet* lime Of <br />Vie mde0keons tdescribedabove full Specific Terms). but also includes all amounts owing under extensions of M*nO%(s)*videncingtanIndablee- <br />none. 0" luturo advaness mad* by the Beneficiary to the Debtor and interest on future advances fit the description of Me Indebtedness under SpaCitiG <br />Tema mentions failure advances)• plus all expenditures rightfully mad* or incurred by the Beneficiary to protect the secunty of this Dead of Trust and to <br />correct anifi ylolallonsby the Dal of tan. covenants of this Deed a Trust. together with interest on the amount* of such expeNMures calculated N Me <br />deteuh into" roe set forth under Specific Terror. <br />C�rlaMllla <f1)f OtaMar. M a1MNtento twrranlag,tihe a lM PrOpMy, the oeMa covename end agrees: <br />pal b oayti� MdebteOrtaes aoGOrding te thet «ins and repuk *ma ils'a 11N riONje) or aMr dOCumerlsw doming the Indebtedness: <br />ibl>o !M Yk! 400de° n0lFlonrtdnpakandjomltMrdendjN+ novinoveeiylrnprovenue* wilhoullMwritencomenta the Benolkiary: <br />brialViarCOmml[ not Dermal any act bpi wiled' dtevalwol tan Properly would be impsned: ronalther violate nor permit tan violation of any law affect- <br />. ing Vie rise and Iriakiletanp Ot die Prdllerly: antl 10 rtailher commit rior sitter wave to the Property: <br />let te pay: wIMM the ltrne allows 9 sty eve• aX taws. aeeeaamante and any other cherges Iwied xn the Property, it such taxes. assessments and other <br />Gflnrtlw Gould reeve priority over Hie Deed of Trust: <br />td) W keep hell bulfOrngs and other rneurabh efrueturee on Ihe PreWrlY contInUOUSy inewad, at the Goa d tan oral Voila; pains perixcorerW W aeand- <br />a( dlka. tlleKanp peliCy wiViMWbteerrMrialarxtendW OOwrago,vend*Nem . makdewmiaaMef. ind optionala tha1M*e issue lM Debtor, <br />te keep m lap -a startAard eN•rfak poNCy. In enY -Goan, aueh efull ore shelf ee proviWtl DY one or more cOm lemur ble truc uto issue i s wance - <br />Colored* elan ere aiaowit d Vie rxswwaN,ehall betitiral to 1hetW1 ineurabM relief rte all Mtebuildxipeand other insurable Nruclwss, untess ante Mite• <br />heoy sprees in wrttUg to s tuio r amount of Coverage. The Mnottciey shall be nsmad as an addilk" Insured of all Own pollews undora Slaw Aid <br />moir W ainrse, Each such pokey also seas cadein a provision requiring written notice to the Beneficiary at least 30 days Prior to the ~five dale <br />ef N!y caKNteliori Or ron•rMawN of the pd(Gy. At the regjteef of the Berishciaty, all irsurence polfcise required by this paragraph, or copiss of me <br />poNGes, ~ M kept in his pOSM9101*n.. <br />* leaf UPDAh IiOiY POPAN - This form conlaieis • dl)W," -sae clause: NO. eat <br />►.G a" pals - plied&-,. Coloredo 4`04012 strike out if clause inopproprf*N. <br />t3M aa4NN <br />R� <br />l.. <br />X-1 <br />
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