|
<br />
<br />N ~ ~9
<br />m
<br />~ ~
<br />
<br />~ ~
<br />
<br />~.~...
<br />rrrirri^i^^~r
<br />~.....a..ta.~ r
<br /> ~ n
<br /> ~
<br />
<br /> z
<br />Z ~ y rn ^'-~ ~ m C~ C7
<br />~ . ~
<br />~ C3 ~
<br />• N
<br />= ~
<br />P ~ 4 CJ~
<br />~ ~,r CJi ~ ~ ~
<br /> C_7 l~ =C ITl ~
<br /> rrI v -~ y~ t~ ~? ^-B
<br /> ~ ~ 3 ~- ~ ~
<br /> ~ C'"" ~ ""~] ~
<br /> ~ ~
<br />F--'
<br />~
<br />Ca
<br /> ~
<br /> ~
<br /> '
<br />~ cra -s ~
<br /> ~' O
<br />LOAN NUMBER: 0100612164
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on August 31, 2009. The grantor is JACOB BAUER,
<br />HUSBAND AND WIFE, and PATRICIA BAUER, HUSBAND AND WIFE, whose address is 325
<br />WAINWRIGHT, GRAND ISLAND, Nebraska 68801 ("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. Isox T40, Grand Island, 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"). JACOB BAUER and PATRICIA BAUER owe Lender the
<br />principal sum of Fifty-five Thousand One Hundred Eighty-six and 90/100 Dollars (U.S. $55,186.90), 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 August 28, 2019. This Security Instrument secures to Lender: (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: 325 WAINWRIGHT, GRAND ISLAND, Nebraska 68801-
<br />Legal Description: LOT ELEVEN (11), OF SUBDIVISION OF LOT NINE (9), IN WINDOLPH
<br />SUBDIVISION OF PART OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER
<br />(NE 1/4 NW 1/4)AND 1N THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER
<br />(NWl/4 NE1/4) IN SECTION FOURTEEN (14), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE
<br />(9) WEST OF THE SIXTH P.M., 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 o£ 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 retard.
<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 tetrn "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 aver this Security Instrument as a lien on the Property; (b)
<br />® 2004-2009 Compliance Systems, Inc. 19D2-AI?30 - 2009.07.355
<br />Consumer Real Estate -Security Instrument bL2036 Page 1 of 6 www.complianccsystcros.com
<br />.~ ~. ~
<br />
|