|
w~ ~ C k y-s ~, ~ .
<br />~ ~ ~
<br />W ~"'~
<br />~ ~
<br />CS7 ~""
<br />~~
<br />w~
<br />
<br />
<br />~i
<br />~
<br />! .~~.
<br />~~f
<br />`
<br />~~
<br />~
<br />~ ---I
<br />~
<br />C T
<br />^
<br /> C ~
<br />~ r~1
<br />~,
<br />~ ~ ~
<br />C; 7
<br />~ -~+
<br />tV
<br />~
<br /> Z ,...
<br />
<br />
<br />
<br /> ~ ~ I.r C:7 ~'] L'n
<br /> t~ ~ ~ ~
<br />
<br /> U7 ~
<br /> F---~ :yC OD
<br />
<br />
<br /> ~ ~ ...~.
<br />Craw. .`~.
<br /> ~
<br />
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on June 15, 2010. The grantors are SCOTT J ROACH
<br />and STEPHANIE J ROACH, HUSBAND AND WIFE, whose address is 302 E PLUM, Doniphan, Nebraska
<br />48832 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Note. The
<br />obligations of Borrowers who did not sign the I~Tote are explained fu.-ther in the section titled Successors and
<br />Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend R. Baack,
<br />Attorney whose address is P.O. Box 790, Grand Island, Nebraska 6$$02 ("Trustee"). The beneficiary is Home
<br />Federal Savings & Loan Association of Grand Island, which is organized and existing under the laws of the
<br />United States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"). SCOTT J ROACH and STEPHANIE J ROACH owe Lender the principal sum of Twenty-six
<br />Thousand Eight Hundred Forty-nine and 06/100 Dollars (U.S. $26,849.06), 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 />February 2, 2015. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the
<br />Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums,
<br />with 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: 302 E PLUM, Doniphan, Nebraska 68832
<br />Legal Description: LOT ONE (1), HOFFMAN SECOND SUBDIVISION IN THE VILLAGE OF
<br />DONIPHAN, 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 fmal, 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 Borrower'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 />~i 2004-2009 Comptinnce Systems, Ina. 002D-1528 - 2009.12.368
<br />Consumer Real Eatate -Security Instrument DL2036 Page 1 0£6 www.campliancesystems.com
<br />
<br />ti
<br />
|