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<br /> ~ <br /> ~ tJ~ "'-. <br /> ~~ D ~~ 10 O~ <br /> m <br /> ~ ~D; <0 "" ~r.n r-..;) m <br /> c: 0% c=:> 0. en <br /> Z <=>0 ~ <br />N ~ ~ "\ ,.;: ~f QO o~ 0 <br />iSl \--1 'X. ~ ~ 1: ~ 0 ':D c:: l> <br />0 ," !{J -C .:z:~ r'\,) :IJ <br />CO n (I) :::c -1m 0 m <br />iSl ~'~ ~ Jill; :t -<0 0 <br />N 0-" 0 6; <br />CO '\) ~ ,.t; -,., -.r: -"z <br />.f::>. ~\:y ~ 0 r :::I: rTl CO Z <br />w ~ Coo '\ e::>- <br /> m .." p.c:n 0 ~ <br /> m 3 r ;0 <br /> 0 <br /> () <n r- .1>- N :0 <br /> ~ ~ "". en C <br /> ;:><:: CO ~ <br /> l> -C: <br /> ...... ...........'''''"'-'' <br /> ()-... CO em W <br />--...,.,-. ....-.."".-----.. .. ~ ~ 00 lS <br /> ~ ~ <br /> I\v &. <br /> <br /> <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is made on February 26, 2008 <br /> <br />The Trustors are Shari Trompke, also known as Borrowers. <br /> <br />The Trustee is the Wesley D. Nespor, Grand Island City Attorney <br /> <br />The Beneficiary is City of Grand Island, also known as Lender. <br /> <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 />Lot 6, Block 4, Koehler Place, 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 $8,152.06, 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 />