|
<br /> :J:I,o
<br /> 0 !~
<br />.- - ;; n~
<br /> ~ ~ C":>cn
<br /> <=::> om
<br /> ~I;f'o(,o.,n ;iCon ~, a::. o --i
<br /> "'\"I C::1> Z
<br /> , '" ' , ~ c: OX :n z--i I"'\) -t
<br /> C') n Z jlJ!i;: ~~ -0 --ifTl m
<br /> ~ C rn ').. :::0 -< C, 0::0
<br /> ITI % ~ <;), - m
<br />N -I rn ~ N o " C) C
<br />Gl 0
<br />iSl - n ..." 0::> --"z co>
<br /> -I ,.; :E: ct,
<br />CX) r- ~ 0 :::r:: rq en
<br />Gl t'r1 rn t -0 1>0:> Oz
<br />W "" ftl ::3 r :;;0 w~
<br />CJ'1 0 r l>
<br />W m <n U>
<br />CX) :=d .' N ^ CJ1:n
<br /> < ! c:
<br /> l> w3:
<br /> n c...:l "'--"""............. CD~
<br /> ITI .- (fl
<br /> Con U>
<br /> is
<br />
<br />(Space Above This Line For Recording Data) ~~
<br />LOAN NUMBER: 9298 0
<br />
<br />DEED OF TRUST aka Myriam Maldonado ~
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on April 24, 2008. The grantor is Myriam E. Alvarez,
<br />a single person, whose address is 1103 E 6th Street, Grand Island, Nebraska 68801 ("Borrower"). Borrower is
<br />not necessarily the same as the Person or Persons who sign the Note. The obligations of Borrowers who did not
<br />sign the Note are explained further in the section titled Successors and Assigns Bound; Joint and Several
<br />Liability; Accommodation Signers. The trustee is Pathway Bank whose address is PO Box 428, Cairo,
<br />Nebraska 68824 ("Trustee"). The beneficiary is Pathway Bank, which is organized and existing under the laws of
<br />the State of Nebraska and whose address is 306 S. High PO Box 428, Cairo, Nebraska 68824 ("Lender").
<br />Myriam E. Alvarez owes Lender the principal sum of Sixty-five Thousand and 00/100 Dollars (U.S.
<br />$65,000.00), which is evidenced by the note, consumer loan agreement, or similar writing dated the same date as
<br />this Security Instrument (the "Note"), which provides for periodic payments ("Periodic Payments"), with the full
<br />debt, ifnot paid earlier, due and payable on October 24, 2008. This Security Instrument secures to Lender: (a) the
<br />repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the
<br />Note; (b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument
<br />under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance
<br />of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower,
<br />in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property located in the County of Hall, State of Nebraska:
<br />
<br />Address: 602 W 4th Street, Grand Island, Nebraska 68801
<br />Legal Description: The Southerly Eighty (80) feet of the Easterly Thirty (30) feet of Lot Eight (8),
<br />Block Thirty-Six (36), Original Town, now City of Grand Island, Hall County, Nebraska.
<br />Parcel ID/Sidwell Number: 40003090
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the
<br />"Property. "
<br />
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br />any encumbrances of record.
<br />
<br />Borrower and Lender covenant and agree as follows:
<br />
<br />Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due the
<br />principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the
<br />Note.
<br />
<br />Applicable Law. As used in this Security Instrument, the term "Applicable Law" shall mean all controlling
<br />applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have
<br />the effect of law) as well as all applicable final, non-appealable judicial opinions.
<br />
<br />Funds for Taxes and Insurance. At Lender's request and subject to Applicable Law, Borrower shall pay to
<br />Lender on the day periodic payments are due under the Note, until the Note is paid in full, a sum ("Funds") for: (a)
<br />yearly taxes and assessments which may attain priority over this Security Instrument as a lien on the Property; (b)
<br />yearly leasehold payments or ground rents on the Property, if any; (c) yearly hazard or property insurance
<br />premiums; (d) yearly flood insurance premiums, if any; (e) yearly mortgage insurance premiums, if any; and (f)
<br />any sums payable by Borrower to Lender, in accordance with the provisions of the paragraph titled Mortgage
<br />Insurance, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items."
<br />Lender may, at any time, collect and hold Funds in an amount not to exceed the maximum amount a lender for a
<br />federally related mortgage loan may require for Borrower's escrow account under the federal Real Estate
<br />Settlement Procedures Act of 1974 as amended from time to time, 12 V.S.C. Section 2601 et seq. ("RESPA"),
<br />unless another Applicable Law that applies to the Funds sets a lesser amount. If so, Lender may, at any time,
<br />collect and hold Funds in an amount not to exceed the lesser amount. Lender may estimate the amount of Funds
<br />02004-2007 Copyright Compliance Systoms.lnc, 2941-B4B3 - 2007,07.230 www.compliancosystems.com
<br />Consumer Real Estate - Securit Instrument DL2036 Pa e I of6 800-968-8522 _ Fax 616~956~1868
<br />
<br />Initials
<br />
|