|
m
<br /> ~ n ~ z
<br />
<br />rv~ ~ n p ~ _ ~~~ ~ ~~ °
<br /> n c>
<br />~ = ~ ~ a to ~,
<br />~ ~ ~ ~ _ ~ ~ ~o ~*' z cc~ z
<br />ww.w....
<br />~ ~
<br />C
<br />)'1 ~1
<br />~ ~ ~ A cx) C7 ~
<br />~
<br />~..., le
<br />$
<br />~ ~ ~ ~ ~ -.I c
<br />~
<br /> , ~ rn
<br /> ~~ ~ ~
<br /> o z
<br /> v
<br />LOAN NUMBER: 0100612016
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on September 10, 2009. The grantor is PAUL M
<br />HAILICKA and SUE R HAILICKA, HUSBAND AND WIFE, whose address is 2011 W 11TH ST AND
<br />4116 IOWA AVE, Grand Island, Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the
<br />Person or Persons who sign the Note. The obligations of Borrowers who did not sign the Note are explained
<br />further in the section titled Successors and Assigns Bound; Joint and Several Liability; Accommodation
<br />Signers. The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Islaud, Nebraska
<br />68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand Island, which is
<br />organized and existing under the laws of the United States of America and whose address is 221 South Locust
<br />Street, Grand Island, Nebraska 68801 ("Lender"). PAUL M HAILICKA and SUE R HAILICKA owe Lender
<br />the principal sum of Sixty-six Thousand Eight Hundred Twenty-two and 50/100 Dollars (U.S. $66,822.50),
<br />which is evidenced by the note, consumer loan agreement, or similar writing dated the same date as this Security
<br />Instrument (the "Nate"), which provides for periodic payments ("Periodic Payments"), with the full debt, if not
<br />paid earlier, due and payable on September 15, 2010. 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 iu the Property; and (c) the performance
<br />of Borrower's covenants and agreements under this Security Instrument and the Nate. 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: 2011 W 11TH ST AND 4116 IOWA AVE, Grand Island, Nebraska 68803
<br />Legal Description: LOT THREE (3), BLOCK TEN (10), BOGGS AND HILL'S ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA;
<br />AND
<br />LOT SEVEN (7), BLOCK TWO (2), WOODLAND PARK FOURTH SUBDIVISION, IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRRASKA,
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtuxes 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 Lender 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 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 />~_ 0
<br />~r 2004-2009 Compliancc Systems, Inc. 3578-DA93 - 2009.04.57
<br />Consumer Kral Estatc - Sccurity Instrument DL203fi Page 1 oF6 vwvw.compliancesystems.com
<br />
|