|
~~
<br />~ ~~ ~ ~ ~.
<br />...~
<br />j ~
<br />~ nn
<br />
<br />N ~,,.~ !v
<br />~
<br />. ~
<br />~ ~~
<br />~ ,..~~
<br />~
<br />~rn
<br />~~ ~
<br />
<br />
<br />r~"'n
<br />'71
<br />c
<br />n°
<br />2
<br />n
<br />n=
<br />7C 1
<br />0
<br />d
<br />~,
<br />~~ w
<br />~<
<br />"TI
<br />C'1 ~ v
<br />rn
<br />C7
<br />u~
<br />.~:
<br />~ c~ cn
<br />~ ca -~
<br />~ ~ ;~
<br />-.r, ~ --'
<br />~, -, ~,
<br />~,
<br />~~
<br />~-~+
<br />C.]
<br />~~
<br />~ ~
<br />3` "
<br />~ ~
<br />r ~.
<br />to
<br />x
<br />en
<br />r7
<br />tU
<br />N
<br />~~
<br />rv
<br />F---
<br />C7G7
<br />CIJ
<br />
<br />~_
<br />Z
<br />2
<br />C
<br />(Space Above This Lint' For Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 27, 2010. The grantors are EDWIN L
<br />KINNE and GRETCHEN L KINNE, HUSBAND AND WIFE, whose address is 1422 SHERIDAN PL,
<br />GRAND ISLAND, Nebraska. 68803-2521 ("Borrower"). Borrower is not necessarily the same as the Person or
<br />Persons who sign the Note. The obligations of Borrowers who did not sign the Note are explained further in the
<br />section titled Successors and Assigns Baund; Joint and Several Liability; Accommodation Signers. The
<br />trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee").
<br />The beneficiargis Horne Federal 9avings-B~-Loan .~tssaAciation of Grand Island, which is organized and existing
<br />under the laws of the United States of America and whose address is 221 South Locust Street, Grand Island,
<br />Nebraska 68801 ("Lender"). EDWIN L KINNE and GRETCHEN L KINNE owe Lender the principal sum of
<br />Twelve Thousand One Hundred Thirty and 50/100 Dollars (U.S. $12,130.50), which is evidenced by the note,
<br />consumer loan agreement, or similar writing dated the same date as this Security Instrument (the "Note"), which
<br />provides for periodic payments ("Periodic Payments"), with the full debt, if not paid earlier, due and payable on
<br />April 17, 2014. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note,
<br />with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with
<br />interest, advanced to protect the security of this Security Instrument under the provisions of the section titled
<br />Protection of Lender's Rights in the Property; and (c) the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Note. For this purpose, Borrower, in consideration of the debt and the trust
<br />herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br />property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 1422 SHERIDAN PL, GRAND ISLAND, Nebraska 68803-2521
<br />Legal Description: LOT EIGHT (8), IMPERIAL VILLAGE THIRD SUBDIVISION TO THE CITY
<br />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 />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 ftnal, 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 may require far Borrower's escrow account under the federal Real Estate
<br />Settlement Procedures Act of 1974 as amended from tune to time, 12 U.S.C. Section 2641 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 />due on the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in
<br />accordance with Applicable Law.
<br />fl~ 2004-2009 Compliencc Systems, Inc. 002D-E54A - 2009.12.368
<br />Consumer Real Estate -Security Instrument DL2036 Page 1 orb www.compliancesystems.com
<br />~a.so
<br />
|