|
DEED OF TRUST 85-. 009055
<br />THIS DEED OF 'i Rl!ST is made this .22nd ......................day of August ..................
<br />19..85. among the Trustor. . Cherie. R. Tracy .... .. • • unmarried
<br />... . ( herein " Borrower" ) ...............................
<br />... First : Amer3.ean Title .jnsuranr-e,..CQTrLpany ... ;, . therein "Trustee' ), and the Beneficiary.
<br />.. , Security, Pacific ,Finance, Corporation . . . ...................... . a corporation organized and
<br />existing under the laws of ... tbP- )3t.4t4 .Qf . I OKA814R .............................................
<br />whose address is...... 3323. ,Hest. Capital .Ave.Grand.. Island, Nebbaska .... ....................
<br />..... .... (herein "Lender").
<br />BORROWER, in consideration of the indebtedness herein recited and the n•ust herein created. irrevocably grants
<br />and conveys to Trustee. in trust, with power of sale, the following described property located in the County of
<br />.... _ ... liall ..................... State of Nebraska:
<br />Lots 1 and 2, Block 6, Boggs and Hill's Addition to the CiyV of Grand Island,
<br />HallCounty, Nebraska
<br />%%h1j, has the addle %% t 1.236 td. Bro_jclwel+ Grand Island
<br />hchraska ¢tik3Ol hcrcm Pr (sort, 'vlilrc,.
<br />701 [tit R 111h ali the mlpro,ements now if herrattrt erected tots the import%. and all casemen(s, rights,
<br />appurtenance% and rents 1subt ct )loweyc•r to the rights any! authunth•% green herein to Lender to collect and apply such
<br />rent%), all ut which shall he •deemed Ili be and remain a part of the propcnv coicred by this Deed of Trust, and all of
<br />.tic foregoing, together 11111 said Property for the leasehold estate if thin Ihed of lru%t is on a leasehold) arc
<br />hereinafter referred to as the "Property
<br />To Sit I RE to Lander the repayment of the mdulnc4lne%% e+tdenced by Borrower's note daILd.... I ......... . .
<br />... ... and extensions and renewals thereof (herein "Note "t, in then principal %urn of
<br />L'.S. s ... 6557.70 . ... .............. with interest thereon. prortding for monthls installments of principal and
<br />intetc%t, with the balance of the indebtedness. if not sooner paid. due and payable on . AlAgust
<br />the payment ut all other sums. with Interest thereon, adianced in accordance herewith to protect the securnry of this
<br />Deed of Trust. and the performance of the covenants and agreements of Borrower herein vont.uned.
<br />Borrower cu%enant% that Burrower is lawtully wood of the e%Gnte hereby conveyed and has the right to grant and
<br />convey the Property. and that the Property % is unencumbered. except for encumbrances r,t record. Born,wrt covenants
<br />that Botrower warrants and will dctcnd generally the title to the Property against .ell eta (ills and demand%, %ubtecl to
<br />encumbrances tit resvrd.
<br />U-oiv )RN C0%'F--Ah f% BOMI -Cr and l.c'ndei covenant and agree as follow%.
<br />1. Pa�mmf of Prlaiipll and Intirmt. Borrower %hall promptly pay where due the principal and interest
<br />nidehtcK3ttessrvidenced by the Note and We charges a% provided ul the Note.
<br />2. Fait fee Taxes and Inermice. Subject to applicable law nr i wrmcn w.u%er by Lender. Borrower %hall pan n,
<br />t.enxder on the dar monthly payment% of principal and interest are payabh under the Note. until the Now 1% pall
<br />L_ ItI full. a %urn +.hereto "t oriel% aqua! ]t, "Ile twelfth ,,f the }earl% Iatcs satin a%se %%nu•nt% +nn.luJing raalldunnrtnunl and
<br />htaona^d unit dciek+pment ass %yments. it ai n') which to ai allaln prlonii over lhi% fk,ed if I rust, and ground tents un
<br />the t'r *,retry, it ani. plu% cnie twelfth of yeativ prrrnitant installnnenl% for ha!afd its +uanoc, i,lu% ,,ne lwchtlh of .rarely
<br />prealiuln ka5ta11tnenly l,ar rnortgag,e Insurance. it an%. Al a% r,a%onahhy estlnnawd ,mnall% .out in,tn rlm%r to Inns lo%
<br />I oalcda•t ;en Ilan, ha%t% of a %%l %tntrtu% and hills anad rra%nnal,le , vtonateti that -ol llottaower ,hail no( he ohi,e,urd Io make
<br />s,uh p'.*nIenlc,of fine(% In I.etl +let I, :, ilu- extent 01,11 Hormwarr ,ra.tkes "1: h pavnrnr, to tht. h ;,111, • .0 .1 pt::.t ni „n1Ga,;r of .
<br />�Iteit ”. r.rust tI %u<ia hotdet v; an w %tuuuonai !code[
<br />. 41 MANIA '� '�' a .; k. n! IIIe11.IM YC tNIMARY t /SIrUMt MI
<br />a ;mot
<br />
|