|
<br />.~
<br />N ~~ ~
<br />C1
<br />1
<br />
<br />~ ~~
<br />~ ~ ~
<br />{
<br />IJ
<br />m
<br />_
<br />~~ rn
<br />W ~
<br />W ww~..~~ 7d
<br />.~~
<br />r
<br />r• . r a h r t . ~ ~ ` , ` i yp . n cars C7 --i ~ Z
<br />
<br /> c n = :~: ~ ~ ~ r.a o
<br /> ~ ~
<br />+ r" ~ ~; ~' v
<br />n v ~ ~
<br />~
<br /> -
<br />n cn ~, °° ~, ~ ca cn
<br /> ~-,
<br /> ~ ~ ~ " ~
<br /> r~7 ~ r
<br />as
<br /> c~ r" SY f.ll ]O
<br />
<br />
<br />
<br />
<br />
<br />LOAN NUMBER: 0100610749
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on June 29, 2009. The grantor is ALAN ORTEGA,
<br />AKA SAM ORTEGA, HUSBAND AND WIFE, and JANICE M ORTEGA, HUSBAND AND WIFE, whose
<br />address is 208 N CHEROKEE, Grand Island, Nebraska 68803 ("Borrower"). Borrower is not necessarily the
<br />same as the Person or Persons who sign the Note. The obligations of Borrowers who did not sign the Note are
<br />explained further in the section titled Successors and Assigns Bound; Jolnt and Several Liability;
<br />Acco~ntmodation Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand
<br />Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand
<br />Island, which is organized and existing under the laws of the United States of America and whose address is 221
<br />South Locust Street, Grand Island, Nebraska 68801 ("bender"). ALAN ORTEGA and JANICE M ORTEGA
<br />owe Lender the principal sum of Two Thousand Five Hundred Seventy-nine and 50/100 Dollars (U.S.
<br />$2,579.50), which is evidenced by the note, consumer loan agreement, or similar writing dated the same date as
<br />this Security Instrument (the "Note"), which provides for periodic payments ("Periodic Payments"), with the full
<br />debt, if not paid earlier, due and payable on June 1S, 2012. This Security Instrument secures to Lender: (a) the
<br />repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the
<br />Note; (b) the payment of all other sums, with interest, advanced to protect the security of this Security Instrument
<br />under the provisions of the section titled Protection of Lender's Rights in the Property; and (c) the performance
<br />of Borrower's covenants and agreements under this Security Instrutent and the Note. For this purpose, Borrower,
<br />in 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: 208 N CHEROKEE, Grand Island, Nebraska 68803
<br />Legal Description: LOT TWO (2) BLOCK FOUR (4) IN DALE ROUSH SECOND SUBDIVISION
<br />IN 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 />Secured Indebtedness. The debt evidenced by the Note and which is secured by this Security Instrument is
<br />subject to the provisions of 12 CFR 226.32. Borrower acknowledges that Borrower has received the disclosures
<br />prescribed by 12 CFR 226.32 at least three business days prior to the execution of the Note and this Security
<br />Instrument, or as otherwise required by 12 CFR 226.31. Borrower and Lender further acknowledge and agree that
<br />this Security Instrument will secure additional debt subject to 12 CFR 226.32 only if Leader satisfies the necessary
<br />requirements imposed on such debt imposed by 12 CFR 226.32 and Applicable Law.
<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 L,ender'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 (f)
<br />any sums payable by Borrower to Lender, in accordance with the provisions of the paragraph titled Mortgage
<br />®2004-2008 Copyright Compliance Syretems, Inc. 74ED-HC1E - 2008.]0.289 www-campliancesystems.com
<br />Consumer Rcal Eatate -Security Inalrt[ment DL2036 Page 1 of 6 800-968-8522 -Fax 616-956-1868
<br />3a • ~°
<br />
|