|
.:,
<br />m
<br />~.~ ~ ~ c ~' © ~
<br /> rn =
<br />
<br />~~
<br />tV -
<br />~
<br />~ ~
<br />~ ~
<br />~ C~ ~
<br />CJ)
<br /> M N ~ ~ ~' C1a
<br />~ ~ ff1 j'a N -n ~ rn p Z
<br />~ o x ~ p
<br /> ~ ~'
<br />~ ~
<br />r ~ ~ ~
<br /> W ~ `~ z
<br />---
<br />~~ o
<br />LOAN NUMBER: 0100601332
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF 'T'RUST ("Security Instrument") is made on June 5, 2009. The grantor is VAN WIE REAL
<br />ESTATE LTD., A NE LIMITED PARTNERSHIP, A E VAN WIE, GERERAL PARTNER, and CUNNLE
<br />J VAN WIE, GENERAL PARTNER, whose address is #10 KUESTER LAKE, Grand Island, Nebraska 68801
<br />("Borrower"). I3otrower 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 Arend R. Baack, Attorney whose address
<br />is P.U. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings &
<br />Loan Association of Grand Island, which is organized and existing under the laws of the United States of
<br />America and whose address is 221 South Locust Street, Grand Island, Nebraska 6$801 ("Lender"). VAN WIE
<br />REAL ESTATE LTD., A NE LIMITED PARTNERSHIP and CONNIE J VAN WIE owe Lender the principal
<br />sum of Seventy-nine Thousand Four Hundred Sixty-one and 52/100 Dollars (U.S. $79,461.52), which is
<br />evidenced by the note, consumer loan agreement, or similar writing dated the same date as this Security Instrument
<br />(the "Note"), which provides for periodic payments ("Periodic Payments"), with the full debt, if not paid earlier,
<br />due and payable on June 16, 2014. This Security Instrument secures to bender: (a) the repayment of the debt
<br />evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment
<br />of all other sums, with interest, advanced to protect the security of this Security Instrument under the provisions of
<br />the section titled Protection of Lender's Rights in the Property; and (c) the performance of Borrower's
<br />covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower, in
<br />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 />Address: 2203 W FAIDLEY AVE, Grand Island, Nebraska 68803
<br />Legal Description: ALL OF LOTS ONE (1) AND TWO (2), AND ALL OF LOTS THREE (3),
<br />EXCEPT THE SOUTH SEVENTEEN FEET (S17') THEREOF, ALL IN BELMONT ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<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 />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 />Borrower and Lender covenant and agree as follows:
<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 />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.
<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 (~
<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 />HJ 2004-2008 Copyright Compliance Systems, Inc. 74ED-6710 - 2008.1U.289 www.complianeesystems.coro
<br />Consumer Rcal Rslate -Security Instrument DL2036 Pnge 1 of 6 800-968.8522 - pax C 16.956-1868
<br />3/.s©
<br />
|