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<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER 0160284790
<br />
<br />~"
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<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on Octobcr 24, 2008. The grantor is MARK C PURI>Y
<br />and TAMMY S PURDY, HUSBAND ANI> WIFE, whose address is 1404 BRANDING IRON LN, Grand
<br />Island, Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the
<br />Note. The obligations of Borrowers who did not sign the Note are explained further in the section titled
<br />Succcssors and Assigns Bound; .Joint and Several Liability; Accommodation Signers. The trustee is
<br />TierOne Bank whose address is 1235 'N' St / P.O. Box 83009, Lincoln, Nebraska 68501 ("Trustee"). The
<br />beneficiary is TierOne Bank, which is organized and existing under the laws ofthe United States of America and
<br />whose address is 1235 'N' St / PO Box 83009, Lincoln, Nebraska 68501 ("Lender"). MARK C PURDY and
<br />TAMMY S PURDY owe Lender the principal sum of Forty-four Thousand Three Hundred Fifty and 00/100
<br />Dollars (U.S. $44,350.00), which is evidenced by the note, consumer loan agreement, or similar writing dated the
<br />same date as this Security Instrument (the "Note"), which provides for periodic payments ("Periodic Payments"),
<br />with the full debt, if not paid earlier, due and payable on Octobcr 23, 2018, This Security Instrument secures to
<br />Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and
<br />modifications ofthe Note; (b) the payment of all other sums, with interest, advanced to protect the security of this
<br />Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property; and
<br />(c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this
<br />purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br />Trustee, in trust, with power of sa Ie, the following described property located in the COUNTY of HALL, State of
<br />Nebraska:
<br />
<br />Address: 1404 BRANDING IRON LN, Grand Island, Nebraska 68803
<br />Legal Description: LOT 25, WESTERN HEIGHTS FOURTH SUBDIVISION, IN THE CITY OF
<br />GRANI> ISLAND, HALL COUNTY, NEBRASKA
<br />Parcel ID/Sidwell Number: 400166453
<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 />o 2004-2007 Cupyt;ght Cumph.ncc Systcm;, Inc. 1)81 A-fl645 - 2008.02.266
<br />Cotlsutner Real Esta.te - Security Tn~tnm'1Cnl DL2036
<br />
<br />Page 1 ofM
<br />
<br />www.complianccsystcms.com
<br />800-968-RSn - Fax 616-9%-1868
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