|
n ~ ~ ~
<br />wf]
<br />N ~ rn 1'=17 ~ N ~ ~ ~ ~ a v
<br />~ ~ ('1 N ~ ~ ~ a O C~
<br />~_ d o
<br />N wr- ~ r~ ~ r-- ~U © ~
<br />w..~
<br />~o.SU
<br />(Space Above This Line F'or Recording Data)
<br />LOAN NUMBER: 0100611087
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on August 17, 2009. The grantor is DEBRA J
<br />MITTAN, WIFE AND HUSBAND, whose address is 102 SOLAR ST, Alda, Nebraska 68810 ;and LONNY J
<br />MITTAN, WIFE AND HUSBAND, whose address is 102 SOLAR ST, Grand Island, Nebraska 68810
<br />("Borrower"). Borrower 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.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Hotue Federal Savings &
<br />Loan Association of Grand Island, which is organized and existing under the laws of the United States of
<br />America and w~os~dress is 221 South Locust Street, Grand Island, Nebraska 68801 ("Lender"). DEBRA J
<br />MITTAN and J MITTAN owe Lender the principal sum of Fifty-two Thousand Nine Hundred Fifty-
<br />flve and 37/100 Dollars (U.S. $52,955.37), which is evidenced by the note, consumer loan agreement, or similar
<br />writing dated the carne date as this Security Instrument (the "Note"), which provides for monthly payments
<br />("Periodic Payments"), with the full debt, if not paid earlier, due and payable on August 20, 2019. This Security
<br />Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced to protect the
<br />security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the
<br />Property; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the
<br />Note. For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and
<br />conveys to Trustee, in trust, with power of sale, the following described property located in the COUNTY of
<br />HALL, State of Nebraska:
<br />Address: 102 SOLAR ST, Alda, Nebraska 68810
<br />Legal Description: LOT ONE (1) ARGO THIRD SUBDIVISION, ALDA VILLAGE, ALDA
<br />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 dettrands, 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 (f)
<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 tray 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 />collect and hold Funds in an amount not to exceed the lesser amount. Lender may estimate the amount of Funds
<br />R7 2004-2009 Compliance Systems, Inc. 3578-7818.2009.04.57
<br />Consumer Real Latate -Security Instrument DL2036 Page 1 orb www.complianccsystems.com
<br />
|