|
r..r.rr~.a
<br />~.. rR
<br />N ~
<br />
<br />_a ~ wr
<br />~ ~
<br />~ ""
<br />"" l
<br />~9
<br />B
<br />
<br />N
<br />
<br />
<br />.. ~ C.
<br /> ~ _ ~ ~ Z
<br /> ~~
<br />~ ~~ c xY tv ~
<br />
<br />
<br />
<br /> . Z
<br /> © ~ ~
<br />~
<br /> rn
<br />t~ ~ Ia cz~
<br />~ ~ C~ ~
<br />~
<br />
<br /> w Q m
<br /> ~
<br /> ~ ~
<br /> ~
<br /> t~ ~
<br /> c" O
<br />(Space Above This Line For Recording pats)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on May 28, 2010. The grantors are NEMORIO
<br />MENDOZA DIAZ and JOSEFINA MENDOZA ESCALERA, HUSBAND AND WIFE, whose address is 572
<br />E 20TH ST, 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. Box 790, Grand Island, Nebraska
<br />68802 ("Trustee"). The beneficiary is Hoene 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"). NEMORIO MENDOZA DIAZ and JOSEFINA
<br />MENDOZA ESCALERA owe Lender the principal sum of Ten Thousand Nine Hundred Seventy-six and
<br />18/100 Dollars (U.S. $10,976.1$), which is evidenced by the note, consumer loan agreement, or similar writing
<br />dated the same date as this Security Instrument (the "Note"), which provides for monthly payments ("Periodic
<br />Payments"), with the full debt, if not paid earlier, due and payable on June 23, 2015. This Security Instrument
<br />secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions
<br />and modifications of the Note; (b) the payment of all other sums, with interest, advanced to protect the security of
<br />this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the Property;
<br />and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For
<br />this purpose, $orrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br />Trustee, in trust, with power of sale, the fallowing described property located in the COUNTY of HALL, State of
<br />Nebraska:
<br />Address: 572E 20TH ST, GRAND ISLAND, Nebraska 68801
<br />Legal Description: LOT THREE (3) IN GALVAN THH2D SUBDIVISION IN THE CITY OF
<br />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 Froperty 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, prdinances and administrative rules and orders (that have
<br />the effect of law) as well as all applicable final, non-appealable judicial opinions.
<br />Funds far 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 />®2004-2009 Compliance Systems, Inc. 002D-4A1D - 2009.12.368
<br />Consumer Real Estate • Security Instrument DL2036 Page 1 of 6 www.eomplianccsyatcma.com
<br />C1~•
<br />cs
<br />
|