|
�
<br />0
<br />�
<br />. �
<br />�
<br />�
<br />�
<br />�
<br />�
<br />�
<br />70
<br />�
<br />C
<br />=�v
<br />��N
<br />R=
<br />� �
<br />� �
<br />���
<br />�
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />�� �
<br />� �
<br />n
<br />� �--
<br />r ,-- �
<br />o �;`�:- - �
<br />` f--
<br />m -.�
<br />� �"�
<br />—r - �Z3
<br />z�i �
<br />��� �
<br />c.� !'°`<.
<br />Q ��`°' C. � J �
<br />�
<br />c� �,
<br />0
<br />c n
<br />2 -!
<br />—r rn
<br />� o
<br />o �
<br />-*� z
<br />= rn
<br />b Qj
<br />r �
<br />r t,,
<br />�n
<br />�
<br />�--- �..
<br />�
<br />Cn
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 4, 2011. The grantors are Melanie K
<br />Randall and Scott M Randall, Wife and Husband, whose address is 4331 Kay Ave, GRAND ISLAND,
<br />Nebraska 68803 ("Borrower"). Borrower is not necessarily the same as the Person or Persons who sign the Note.
<br />The obligations of Bonowers who did not sign the Note are explained further in the section titled Successors and
<br />Assigns Bound; Joint and 5everal Liability; Accommodation Signers. The trustee is Arend R. Baack,
<br />Attorney whose address is P.O. Box 790, Grand Island, 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 States of America and whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"). Melanie K Randall and Scott M Randall owe Lender the principal sum of Fifteen Thousand
<br />Three Hundred Seventy-nine and 50/100 Dollars (U.S. $15,379.50), which is evidenced by the note, consumer
<br />loan 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 March 25,
<br />2019. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with
<br />interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with
<br />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 InsUvment 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: 4331 Kay Ave, GRAND ISLAND, Nebraska 68803
<br />Legal Description: Lot Four (4) in Block One (1) in LA Heights Second 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 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 priar 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 follaws:
<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 wsll as all applicable final, non-appealable judicial opinions.
<br />Funds for Taxes and Insurance. At Lender's request and subject to Applicable Law, �onower 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 premiuxns, if any; (e) yearly mortgage insurance premiums, if any; and ( fl
<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 Systems, Inc. EEOB-BBFE • 2010.03.378
<br />Coosumer Real Estak - Security Iastrument DL2036 Page 1 of 6 www.compliancesystems.com
<br />O� rV
<br />�m
<br />F--► p
<br />H �
<br />O �
<br />�--' �
<br />C�
<br />aD �
<br />�Q �
<br />�
<br />3 �` �
<br />
|