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<br /> <br /> t! g~ <br /> c ~. <br />N Q~ z <br />C$l C ~ <br />C$l ~ <br />(Xl ~~ <br />C$l <br />(J'1 <br />(j) <br />-....J <br />0) <br /> <br /> I~ <br /> <::.:::> (")<n <br /> ~ <br /> " <Cc> 0-1 0 <br /> ......~~ c..... C::l> m <br />;;0 f> \. c= :z -i N :z: <br />I'T1 c~ r- -I1T1 0 iTf <br />0~'- -<0 <br />(" <br />0 0 -r, a :0 <br />-,., N -rJz ~ <br />CJ Q ex) <br />11'1 ::r rq )> <br />rT1 f ::0 l> en 0 en <br />CJ :3 r ::0 Z <br />(/} r l> CJ1 <br /> f--\ (/) en <br /> ,........ ;:><;: OJ -i <br /> J> ::0 <br /> -C ~'~ -..J c: <br /> ....J:: Cf) :s:: <br /> C:ri .{;!J m <br /> ~ <br /> :z: <br /> 0 <br /> <br /> <br />FORM H <br /> <br />NEBRASKA <br />SECOND DEED OF TRUST <br />(HBA) <br /> <br />This Second Deed of Trust (this "Second Deed of Trust"), is made as of June 27 , 2008_, by and among <br />Paul D Frombgen, A Single Person_ ("Borrower", hereinafter referred to as "Trustor"), whose mailing address is 1117 <br />W Louise St - Grand Island. NE 68801 ; U.S. Bank Trust Company, National Association, ("Trustee"), whose mailing <br />address is III S.W. Fifth Avenue, Portland, Oregon 97204, and Nebraska Investment Finance Authority <br />("Beneficiary"), whose mailing address is 200 Commerce Court, 12300 Street, Lincoln, Nebraska 68508-1402. <br /> <br />FOR VALUABLE CONSlDERA TION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN <br />TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and <br />conditions ofthis Second Deed of Trust, the real property, legally described as follows (the "Property"): <br /> <br />Lot Three (3), Block Five (5), Windolph's Addition to the City of Grand Island, Hall County, Nebraska. <br /> <br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the Property <br />(collectively, the "rcnts"), all leases or subleases covering the Property or any portion thereof now or hereafter existing <br />or entered into, and all right, title and interest of Trustor thereunder, all right, title and interest of Trustor in and to any <br />greater estate in the Property owned or hereafter acquired, all interests, estate or other claims, both in law and in equity, <br />which Trustor now has or may hereafter acquire in the Property, all easements, rights-of-way, tenements, hereditaments <br />and appurtenances thereof and thereto, all water rights, all right, title and interest of Trustor, now owned or hereafter <br />acquircd, in and to any land, lying within the right-of-way of any street or highway adjoining the Property, and any and <br />all alleys and strips and gores of land adjacent to or used in connection with the Property, and any and all buildings, <br />tixtures and improvements now or hereafter erected thereon (the "Improvements"), and all the estate, interest, right, <br />title or any claim or demand which Trustor now has or may hereafter acquire in the Property, and any and all awards <br />made for the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of the whole or any part of <br />the Trust Estate, including without limitation any awards resulting from a change of grade of streets and awards for <br />severance damages. <br /> <br />The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the <br />"Trust Estate". <br /> <br />For the Purpose of Securing: <br /> <br />A. Payment of indebtedness evidenced by any promissory note of Trustor in favor of Beneficiary; and <br /> <br />B. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon at <br />the rate of sixteen percent (16%) per annum. <br /> <br />The indebtedncss described in paragraphs A and B above is referred to as the "Indebtedness." <br /> <br />This Second Deed of Trust, any promissory note of Trustor in favor of Beneticiary and any other instrument <br />given to evidence or further secure the payment and performance of any obligation secured hereby are referred to <br />collectively as the "Loan Instruments". <br /> <br />Trustor covenants that (i) Trustor holds title to the Trust Estate and has lawful authority to encumber the <br />Trust Estate, (ii) the Trust Estate is free and clear of all liens and encumbrances except for easements, restrictions and <br />covenants of record and the Deed of Trust from Trustor encumbering the Property dated on or about the date hereof <br />(the "First Deed of Trust"), and (iii) Trustor will defend the Trust Estate against the lawful claims of any person. <br /> <br />To Protect the Security of this Second Deed of Trust: <br /> <br />1. Payment of Indebtedness. Trustor shall pay when due the principal ot: and the interest on, the <br />Indebtedness and all other sums as provided in the Loan Instruments. <br /> <br />2. Taxes. Trustor shall pay each installment of all taxes and special assessments of every kind, now <br />or hereafter levied against the Trust Estate or any part thereof, before delinquency, without notice or demand. <br /> <br />3. Insurance and Repairs. Trustor shall maintain tire and extended coverage insurance insuring the <br />Improvements constituting part of the Trust Estate for such amounts and on such terms reasonably satisfactory to <br />Beneficiary. So long as the Property is secured by a first deed of trust or mortgage, compliance with the insurance <br /> <br />16-31 <br /> <br />~ <br />~ <br /> <br />NIF A MRB/Form H <br />(10/06) <br /> <br />4827-8093-9776.8 <br /> <br />kt7 IP: <br />SUPERIOR TITLE & ESCROW LlC <br />11225 DAVENPORT STREET, SUITE # 101 <br />OMAHA, NE 68154 <br /> <br />3VD ~DQ 1.f:3 d- S}' <br />