|
��
<br />�
<br />�
<br />N �
<br />� �
<br />�
<br />��
<br />� �
<br />� �
<br />v �
<br />N �
<br />��
<br />■w■i■w�■■
<br />�
<br />�-a � o °e
<br />h � �, (�1
<br />� o �
<br />4or
<br />� �
<br />�
<br />�
<br />Q
<br />�
<br />. .� � , n
<br />�
<br />�
<br />�
<br />c
<br />_ � N
<br />r� N ..
<br />� _
<br />r `' m
<br />��
<br />c v, �
<br />A (1 . -�'� � c x� �.
<br />x
<br />�
<br />n = �: z `� � � � rv �
<br />� �, � m
<br />� 4 .., � � � v
<br />��,��. �
<br />(� � �� � �
<br />-., ' ��
<br />W �� �a: :3_ rr-; C�
<br />� �.�
<br />ry� � `,;, `�'7 r� r.:z� � —�
<br />c_� j � r` = y x , 7 � p �
<br />✓] �A � J}' , V �J
<br />(� F � ,� �
<br />F--+ �.r � �� m
<br />� a, N �
<br />� �
<br />(Sp�ce Abovc This [..ine ror Recording Data)
<br />DEED QF TRUS'I'
<br />THiS UEED OF TRUS"I' ("Security instrument") is made on Uctober 12, 2010. 'I'lie grancors are RONALD E
<br />POWERS and I.,ADONNA R POWERS, husband and wife, wltose address is 587 E CANI'1'AI, AVE,
<br />GRANI) lS�,AND, Nebraska G88U1 ("Borrower"), F3orrower is not necessarily the same as t}�e Per�on or Nersons
<br />who si�n the Note. "Che ohiiga�ions �>f 13orrowers wl�o did not si�n the Note are explained fiirther in the �ection
<br />titled Successors and Assigns I3nund; Joint and Several Liability; Accummodation Signers. 'I'he trustee is
<br />Arend R. Baack, Attorney whose address is P.O. I�ox 790, Grand Island, Nebraska 6$802 ("'1'rustee"j. The
<br />beneticiacy is Home Federal Savings & Loan Assnciation of Grflnd lsland, which is or�anized and existing
<br />under the laws of the United 5tates of America and whose address is 221 South Locust Street, GrAnd Island,
<br />Nebraska 68801 ("Lender"). RUNALD E POWEItS and LADONNA R POWFRS awe Lender the principal sum
<br />of Two Thousand One Hundred Sixty-seven and 28/100 llvllars (U.S. $2,167.2$), w}zich is evidenced hy the
<br />note, consumer loan agreement, or similar writing dated the same date as this Security Instrument (tl�e "Nole"),
<br />which provides for in.ocithly p�yments ("Periodic E'ayments"), with the fiill debt, if noC paid earlier, due Tnd
<br />payable on ()ctober 1, 2012. 'I'his Security Instrument secures to I,ender: (a) the repayment of the debt evidettced
<br />by the Note, wilh intere5t, and all renewals, extensians and modifications of the Note; (b) tl�e paymenC of all other
<br />sums, wilh interest, advanced to protect the security of this Security Instrument under tk�e provisions of,thc 5ection
<br />titled Protection of Lender's Riglits in the Property; and (c) Che perfonnancc c�f Borrower's covenant� and
<br />agreements under tliis Security lnstrument and the Note. For tliis purpose, I3orrc�wer, i�a cousideratian c�f the debt
<br />and the trust herein created, irrevocably grant� and conveys to Trustee, in trust, with power of sale, the following
<br />described property located in the COtJN'1"Y of HALL, State of Nebraska:
<br />Address: 587 E CAPITAL AV�, [:.�f1ND ISLAND, Nebraska (i8801
<br />Legal Description: TF�F. N�RTHERLY ONE IIUNDRF.D F.iC��TY-THItEE AND TOUR TF.NTHS
<br />F+EE;'1' (1$3.4') OF LOT ELEVEN (11) O�' GEER SUSDIVISION OF LO'CS (i, 7, AND 9 OT
<br />GARRETT'S SUBUIV.I.SIUN OF PART OF E 1/2 ()�' S�CTION 9, TOWNSI�IP 11 N()[tTH,
<br />RANGE 9 W.EST OF THE SIXTII PRINCIPAL M1;R11)IAN
<br />TOGE1'HER WI'I'H all the iznprovemenrs now ar hereafter erected on the properCy, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacemerits and additions sliall al5c> be
<br />covered by this Security instru�x�e�at. All of the foregoing is ref�rred to in this Security Instrument as t}�e
<br />"Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and h�s the right to
<br />�rant and convey tlie Property and that the Property is unencumUered, excepl ii�r encumhrance5 of record.
<br />Borrower warrants and will defer�d generally tl�e title to the ProperCy against all claims and demands, subj�et to
<br />any encucnbrances of record.
<br />Borrower and Lender covenanr and agree as follows:
<br />Payment of Principfll and lnterest; Prepayment and Late Charges. Borrower shall prom�tly pay when due the
<br />principal of and iziterest on the debt evidenced by the Note and arry prepayment and late charges due under tlze
<br />Note.
<br />Applicable Law. As used in this Security InStrument, the term "Applicable Law" shall mean a11 can(rolling
<br />applicable £ederal, state and local statutes, regulations, ordinances and administrative rules and orders (that h;�ve
<br />the efPect of law) as well as all applicable �nal, non-appealable judicial opinions.
<br />Funds for Taxes and Ins��rance. At I,ei�der's request and suhject to Applicable Law, Borrower s11a11 pay to
<br />Lender on the day periodic payments are due under the Note, until tl�e Note is paid in fiill, a 5um ("Punds") tor: (a)
<br />yearly taxes and assessments which Tnay attain pric�rity over this Security Instrument as a lien ox� tlie k'roperty, (h)
<br />yearly leasehc�ld paymenCs or graund rentG on the Property, if any, (c) yearly hazard c7r property ins�.irat�ce
<br />premiums; (d) yearly flood artsura�tce premiums, iF any; (e) yearly mortgage insurance premiums, if any; ��Yd (n
<br />any sums payable by Borrower to Lender, in accordance with the provisions of the paragraph titled Mortgage
<br />lnsurance, in lieu of d�e pay�nent of mortgage insurance premiums. 'I'hese items are called "Escrow Items."
<br />l,,ender may, at any time, collect and hold Fux�ds in an amount not to exceed c�ie maxii�iuna amount a lender ior a
<br />federally related ►nort�age loan may require for Borrc�wer's escrow account under the federal Real Estate
<br />SeCtlement Procedures Act c�f 1974 as amended from time to time, 12 U.S.C. Section 2601 et �eq. ("ItF'SF'/t"),
<br />unless another Applicable I.,�w that applie5 to the Funds sels a lesser amount. If so, Lendc�r u1ay, ;�t any time,
<br />collect and l�old Fund� in an amount not to exceed the les�er amount. Lender may estimate the anioi.irit of Funds
<br />�) 200�-2U09 Cnmpli;ince Syyte�na, Inc 002U-SEbC - 2009.12368
<br />Co»3u�ntr Rer.l Gctate - Security Instrumcnt PI.,20?6 Pa�±c I of 6 �u�u�e.�.rnnplinncrcy�stenw.cnm
<br />3� � 5°
<br />
|