|
..,.~
<br />_
<br />
<br />~ ,~:
<br />~~
<br />rn
<br />~.~ ~
<br />~ ~ n = ~
<br />~ `.
<br />~ ~ ~ ~
<br />-' r"' ~' ao
<br />N ~
<br />~ ~ ' t1 ~ ~
<br />_ ® '
<br />~ ~ 7-
<br />~ ~ --~
<br />rv
<br />~ ~, m
<br />c~ v
<br />
<br />~ ~ ~ = ~ ~ ~ ~ ~' '
<br />
<br />~ ~~ m
<br />~ O
<br />n.,
<br />-~
<br />~ cr'
<br />` z
<br />~ ~
<br /> r
<br />~
<br />~..~ r • "~ D °'
<br />.~~
<br />^-~
<br />rv
<br />~-..~
<br />c~ ~
<br />
<br />
<br /> O
<br /> ~a
<br /> ,30 ~
<br /> (Space Above This Line For Recording Data)
<br /> DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on May 22, 2010. The grantors are RAMON C
<br />RAMOS and RUTH N RAMOS, HUSBAND AND WIFE, whose address is 403E 1bTH ST, GRAND
<br />ISLAND, Nebraska 48801-2529 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who
<br />sign the Note. The obligations of Borrowers who did not sign the Note are explained further in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend
<br />R. Baaek, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary
<br />is Home Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws
<br />of the United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"). RAMON C RAMOS and RUTH N RAMOS owe Lender the principal sum of Five Thousand
<br />Eight Hundred Three and 00/100 Dollars (U.5. $5,803.00), which is evidenced by the note, consumer loan
<br />agreement, or similar writing dated the same date as this Security Instrument (the "Note"), which provides for
<br />periodic payments ("Periodic Payments"), with the full debt, if not paid earlier, due and payable on June 2, 2015.
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and
<br />all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced
<br />to protect the security of this Security Instrument under the provisions of the section titled Protection of Lender's
<br />Rights in the Property; and (c) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Note. For this purpose, Harrower, in consideration of the debt and the trust herein created,
<br />irrevocably grants and conveys to Trustee, in trust, with. power of sale, the following described property located in
<br />the COUNTY of HALL, State of Nebraska:
<br />Address: 204E 14TH ST, GRAND ISLAND, Nebraska 68801
<br />Legal Description: LOT SIX (6), BLOCK SEVENTY-SIX (76), WHEELER AND BENNETT'S 3RD
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA;
<br />TOGETHER WITH all the improvements now or hereafter erected an 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 />HORROWER 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 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 may require for Horrower'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 />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 />32 2004-2009 Compliance Systems, Inc. 002D-8310 - 2009.12.368
<br />Consumer Real Estate -Security Instrumart DL2036 Page 1 of 6 www.complinncesystems.com
<br />
|