|
� Q o
<br />�
<br />� o .�
<br />� � �
<br />�
<br />� � �l
<br />(n o 'C3
<br />1` 'O 2r�
<br />�
<br />Z. �
<br />Q �
<br />�
<br />�
<br />�
<br />�Q
<br />�
<br />O
<br />b
<br />;
<br />�
<br />�
<br />C
<br />= D i�/f
<br />� �_
<br />� �
<br />�
<br />�. �
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />�
<br />� �
<br />���
<br />S i�a
<br />D �
<br />r �' �
<br />f "' C ,_. ` a :
<br />�i f. ......�. �
<br />F�-�
<br />� �
<br />r,
<br />�' � � -"i7
<br />r�i .3
<br />��
<br />o ( 'a �,
<br />�
<br />f.:,,..
<br />o �..
<br />�� x N
<br />p }� tX3
<br />c� )
<br />� �
<br />� �
<br />C �
<br />� -�,
<br />..'-{ fT7
<br />"� o
<br />O '�
<br />- n z
<br />� m
<br />D �
<br />r �
<br />r r>
<br />cn
<br />�
<br />n
<br />..� �
<br />V�
<br />�
<br />�
<br />N
<br />C�
<br />F--+
<br />f-+
<br />0
<br />t--+
<br />Ct�
<br />GY3
<br />�-r3
<br />m
<br />�
<br />v
<br />�
<br />�
<br />�
<br />C
<br />�
<br />�7'I
<br />�
<br />�
<br />� �
<br />a
<br />THIS DEED OF TRU5T ("Security Instxument") is made on March 7, 2011. The grantors are LEE A MILLS
<br />and CAROLI'N K MILLS, Husband and Wife, whose address is 4306 SADDLE HORSE COURT, GRAND
<br />ISLAND, Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign
<br />the Note. The obligations of Bonowers who did not sign the Note are explained fiuther in the section titled
<br />Successors and Assigns Bound; Joint and Several Liability; Accommodation Signers. The trustee is Arend
<br />R. Baack, At�orney whose sddress 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"). LEE A MILLS and CAROLYN K MILLS owe Lender the principal sum of Sixteen Thousand
<br />Seventy-nine and 50/100 Dollars (U.S. $16,079.50), which is evidenced by the note, consumer loan agreement, or
<br />similar writing dated the same date as this Security Insttument (the "Note"), which provides for periodic payrnents
<br />("Periodic Payments"), with the full debt, if not paid earlier, due and payable on March 6, 2016. This Security
<br />Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced to protect the
<br />security of this Security Instrument under the provisions of the section titled Protection of Lender's Rights in the
<br />Property; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the
<br />Note. For this purpose, Bonower, in consideration of the debt and the trust herein created, irrevocably grants and
<br />conveys to Trustee, in trust, with power of sale, the following described property located in the county of hall,
<br />State of Nebraska:
<br />Address: 4306 SADDLE HORSE COURT, GRAND ISLAND, Nebraska 68803
<br />Legal Description: LOT EIGHT (8) JACK VOSS HORSE COUNTRY CLUB SECOgb
<br />SUBDIVISION IN THE CITY OF 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 Instruxnent. 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 />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 />Tnstrument, or as otherwise required by 12 CFR 22631. Borrower and Lender further acknowledge and agree that
<br />this Security Instrument will secure additional debt subject to 12 CFR 22632 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 prepayrnent 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 payrnents 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 (�
<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 />� 2004-2010 Compliaoce Sys[ems, Inc. EEOB-16DD • 2010.03378
<br />Cousumer Real Estate • Security Instrument DL2036 Page 1 of 6 www.compliancesystems.com
<br />
|