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<br />(Space Above This Line For Recording Data)
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<br />DEED OF TRUST
<br />
<br />JI.OV
<br />
<br />LOAN NUMBER: 9473
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<br />THIS DEED OF TRUST ("Security Instrument") is made on June 24, 2008. The grantor is Colleen A. Smith,
<br />aka Colleen A. Voss, a single person, whose address is 9506 S Nebraska Hwy 11, Wood River, Nebraska 68883
<br />("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Note. The obligations of
<br />Borrowers who did not sign the Note are explained further in the section titled Successors and Assigns Bound;
<br />Joint and Several Liability; Accommodation Signers. The trustee is Pathway Bank whose address is PO Box
<br />428, Cairo, Nebraska 68824 ("Trustee"). The beneficiary is Pathway Bank, which is organized and existing under
<br />the laws ofthe State of Nebraska and whose address is POBox 428, Cairo, Nebraska 68824 ("Lender"). Colleen
<br />A. Smith and August Peters owe Lender the principal sum of Forty~four Thousand and 00/100 Dollars (U.S.
<br />$44,000.00), 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 monthly payments ("Periodic Payments"), with the full
<br />debt, if not paid earlier, due and payable on June 24, 2023. 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 />Legal Description: Lot One (I), and Lot Two (2), Cedarview Estates Subdivision, Hall County, State
<br />of Nebraska
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<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. "
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<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.
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<br />Borrower and Lender covenant and agree as follows:
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<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.
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<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 (t)
<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 U.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 />due on the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in
<br />accordance with Applicable Law.
<br />02004-2007 Copyright Compliance Systems, Inc. 2941-6E4E - 2007.07,230
<br />ronsumer Resl Estate - Security Instrument DL2036
<br />
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