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<br />(), <br />"" V\ 0 (b- <br />_w 3 - <br />~. U\ g c..o. ~ <br />..,. a ~ ;:r <br />~ fS":_ :P <br />t c.f-- <br />IV <br />*~pJ; <br />1-' -<, :S <br />C'.. (l 0- <br />". - IV <br />00 t?~ '"'\ <br />-J P ~ <br />~ ~..(Il <br />I F.- <br />tv U\ <br />c:.o ~ <br /><:. <br />~. <br />v. <br /> <br /> f~-"'> m <br /> ID c_-~ (") (f) ~ <br /> CJ c:> <br /> m <:xli 0 --l rn <br /> "TI ~~.J., c J> N :0 <br /> c: CI) Z -1 m <br /> Z :::0 ~ ... ," --l rTl <.:::> <br />n p, (~. -0 -< CJ <br />~ 0 0 <br />:I: G') ..,)"-._- c:> :x> <br />?; ~ 0.''\:: .......... 0 ." en <br /><f) -.J ." :z co Z <br /> ., <br />~ :t: 0 '(\;- :x: r'l ~ <br /> -'\ )C>- 0.1 0 <br /> [Tl ~ \. \:J <br /> [Tl ::3 ,. :;0 --.J :0 <br /> (;::J iI r P- c: <br /> en f' (f) CD 3: <br /> t- .......... :::><: ~ <br /> l> -.J <br /> r0 .................. <br /> CD (f) era Z <br /> (f) 0 <br /> '. I!! <br /> <br /> <br />N <br />S <br />S <br />Q:l <br />S <br />-.J <br /><0 <br />-.J <br />en <br /> <br />200807976 <br /> <br />/5,50 <br /> <br />f= <br />('\ <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is made on August 1, 2008 <br /> <br />The Trustors are Camilla R. Holt, also known as Borrowers. <br /> <br />The Trustee is the Wesley D. Nespor, Grand Island City Attorney. <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 />The east 76.72 feet of Lot 6, Court House Addition to the 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 $25,000.00, 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 />,. <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 />