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<br />N <br />Gl <br />Gl <br />OJ <br />Gl <br />OJ <br />N <br />N <br />Gl <br /> <br />t? <br />~U\ 3 <br />:0- w :1 <br />~. \J'\ F= <br />< Cl :5 <br />/'i' IS'- +=-- <br />~<......> <br /> <br />;.~.~ <br />(\1 !.. <br />~ 0 <br />~ ::() ~ <br />......tc:,.3 <br />~l~ <br />Iv Vl <br />I'b <br />"'Q ~ <br />'"" <br />(1 <br />1Il <br /> <br /> I'.........~ m <br /> c...-:-." (") Ul <br /> ,., n ~ ~ c::> ~ <br /> 00 0 -l <br /> m ~ '':It c> <br /> "'" CIl ~,.'\ .... en :z ---j N IT! <br /> C n :x: ;X) ~ "- r.., ---1fTl :.0 <br /> Z ~ r'T1'-'" -0 --< c::> ITI <br />n n 0 ~'){-- 0 0 <br />:J: 0.......... N 0 ..,., c::> ).... <br />m > ~~ ..,., O? ""T"") z co en <br />n (/) r <br />:t: 0 I rTl 7 <br />1'l: f"r1 " 1> 0:) C) <br /> fTl ::3 r ;:lJ (f) <br /> C) r > co ~ <br /> C/"J (fJ C <br /> f---l ;><; rv s:: <br /> :t> PV m <br /> en '"-" '-" ~ <br /> ....c (n c::> <br /> (fJ :2 <br /> 0 <br /> <br /> <br />200808220 <br /> <br />/ s: So <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is made on September 16, 2008 <br /> <br />The Trustors are Molly B. Mott, 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 />Lot Two (2) Hurley Subdivision in 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 prov~ded 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 />