|
~~
<br />~ ~ ~
<br />...~
<br />~ ~~
<br />~ "."`~ ~
<br />~ ~
<br />
<br /> r
<br /> m ~ ~ ~ m
<br />
<br />~ ~ 1 ~ a . ; C PT1 +A ~' G3 --t L7 m
<br />.
<br />- A N ~ Z ~ ~~ moo' ~~-~ rv
<br />a m
<br />~ ~ -~ ~, v
<br />
<br /> O ~, :,~ ~ z
<br /> m
<br />~ s n~
<br />D ~
<br />~ Cn
<br />~
<br />
<br />
<br /> o ~ ~ W
<br /> ~
<br /> ~~ ~.
<br /> ~° ~,_~ ~
<br />
<br />(Space Above This Line For Recording bate)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on January 9, 2010. The grantors are EDWIN J
<br />MASLONKA, husband and wife, whose address is 2704 W JOHN, GRAND ISLAND, Nebraska 68803-5709 ,
<br />and TERRI L MASLONKA, whose address is 2704 W JOHN, GRAND ISLANll, Nebraska 68803-5709
<br />("Borrower"). Borrower is not necessarily the same as the Ferson or Fersons 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, Graud 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 68801 ("Lender"). EDWIN J
<br />MASLONKA owes Lender the principal sum of Forty Thousand Seventy-nine and 50/100 Dollars (U.S.
<br />$40,079.50), 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 July 5, 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 in the Property; and (c) the performance
<br />of Borrower's covenants and agreements under this Security Instrument 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: 2704 W JOHN, GRAND ISLAND, Nebraska 68$03-5709
<br />Legal Description: THE EASTERLY FIFTY FOUR FEET (E 54') OF LOT EIGHT (8), BLOCK
<br />TWO (2), GLADSTONE PLACE, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA
<br />TOGETHIaR 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 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 an 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 />~a.<~
<br />®2004.2009 Compliance Systems, Iuc. DD2D-DC3B - 2009.12.368
<br />Consumer Real Estate -Security Instrument DL2036 Page 1 of 6 www.compliancesystcros.cvm
<br />
|