|
�
<br />�w.■
<br />��
<br />�rr.r
<br />j �
<br />� �
<br />��
<br />� —
<br />� �
<br />�
<br />�^
<br />w�
<br />�
<br />��
<br />Q\
<br />�
<br />�
<br />�
<br />� n
<br />1
<br />- a
<br />�
<br />�
<br />� !
<br />. r �� e � . . ,
<br />��� I
<br />/� +�
<br />i a �-�.:
<br />�'
<br />rwr� tn - � <r- Q 171
<br />� c>
<br />� y �.` w � r c.� T� � 1�1°i
<br />.:r: r• � ��� _,:-i � —I
<br />�
<br />. r�r; ... � . �; -- 1 � i (� �
<br />4 . ` �' :-. -�C t--j rl"1
<br />� �=a;�. � �; - �'1 Mw.+� Q
<br />_ � ` ,� �, . ,� 7 �
<br />y �r -r r�i � C!]
<br />r.� (�'
<br />1 r, n'' �j L rz� �
<br />VI �,� � r �r7 U �L ]
<br />e:7 �� � ' r` T- �
<br />U> � F ,� -� U> �
<br />C7 � "� C
<br />h--+ �..�_. �7 �^��'-.
<br />� � � �
<br />Cn �
<br />Z
<br />0
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument") is made on November 1S, 201Q. The grantors are Ronald L
<br />Muhs and Sheri L Muhs, HUSBAND AND WIFE, whose address is 2208 N. Huston, GRAND ISLAND,
<br />Nebraska b$8Q3 ("Borrower"). Borrower is not necessarily the same as the Person or Persons whp sign the Note.
<br />The obligations of Borrowers who did nat sign the Note are explained further in the section titled 5uccessors and
<br />Assigns Bound; Joint and Several Liability; Accotnx►todation Signers. The trustee is Arend R. Saack,
<br />Attorney whose address is P.O. Box 790, Grand Ysland, Nebraska 68802 ("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 Statss of America and whase address is 221 South Locust Street, Grand Island, Nebraska 68$01
<br />("Lender"). Ronald L Muhs and Sheri L Mahs owe Lender the principal sum of Eighteen Thousand Five
<br />Hundred Seventy-nine and 50/100 Dollars (U.S. $18,579.50), which is evidenced by the note, consumer loan
<br />agreement, or similar writing dated the same date as this Security Instrument (the "Note"), which provides for
<br />periodic payments ("Periodic Payments"), with the full debt, if not paid earlier, due and payable on November
<br />17, 2013. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with
<br />interest, and all renewals, extensions and modi$cations of the Note; (b) the payment of all other surns, with
<br />interest, advanced to protect ths 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 S�curity Instrurnent 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 af Nebraska:
<br />Address: 22Q8 N. Huston, GRAND ISLAND, Nebraska 68803
<br />Legal Description: LOT NINE (9) BLOCK SIXTEEN (16) COLLEGE ADDITION TO WEST
<br />LAWN IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />TOGETHER WITH all the improvements now or hereafter erected an the property, and all easez�aents,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />cavered by this Security Instrurnent. All of the foregoing is referred to in this Security Instrument as the
<br />"Froperty."
<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 />I3orrower and Lender covenant and agree as follows:
<br />Payment of Principal and Interest; Prepayment and Late Charges. Borrawer 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 lacal statutes, regulatians, ordinances and administrative rulcs and orders (that have
<br />the eff'ect 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 nn 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 an 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; arid ( fl
<br />any sums payable by Borrower to Lender, in accordance with the provisions of the paragraph titled Mortgage
<br />Tnsursnce, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Itams."
<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 accaunt under the federal Real Estate
<br />Settlement Procedures Act o£ 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 hald 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 Ttems or otherwise in
<br />accordance with Applicable Law.
<br />4� 2004-2009 Compliancc Systcros, Inc. 002D-El�bl - 2009.12.368
<br />Consumer Real Estatc - Sccurity Instrument pL2036 Pege 1 af 6 www.compliancesystcros.com
<br />;�C�-So
<br />
|