|
��
<br />-
<br />r
<br />N �
<br />� ��
<br />-
<br />3 �
<br />� �
<br />�
<br />� �
<br />� —
<br />t0
<br />��
<br />��
<br />�
<br />�
<br />�
<br />�
<br />�
<br />\
<br />�
<br />'�
<br />C
<br />,�nv
<br />� = N
<br />� �
<br />A �
<br />�
<br />�
<br />0
<br />(Space Above This Line For Recording Data)
<br />DEED OF TRUST
<br />�
<br />f�
<br />� . ..
<br />r � �
<br />� `"�' ` �
<br />�, ,y _
<br />��
<br />o �, �,
<br />� �x.. �
<br />m
<br />n r
<br />v, 7 ` .,- -t7
<br />rn �
<br />a�
<br />o �;_ .., �
<br />�t .
<br />c `
<br />ni �
<br />t�'t �
<br />O
<br />4� �
<br />� �
<br />� - ' -- 1
<br />c D'
<br />� �
<br />_...� m
<br />-� �
<br />� �
<br />� �
<br />= rn
<br />A m
<br />r �
<br />r D
<br />�
<br />�
<br />D
<br />cr�
<br />cn
<br />�i
<br />�
<br />O
<br />F"�►
<br />�
<br />0-
<br />N
<br />F--'
<br />C.J'�
<br />LD
<br />m
<br />�
<br />m �
<br />v
<br />�
<br />�
<br />�
<br />C
<br />�
<br />(
<br />-1
<br />�
<br />�
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 10, 2011. The grantors are Jay C Anderson
<br />and Melissa Anderson, Husband and Wife, whose address is 315 Beachwood Drive, 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 Borrowers who did not sign the Note are explained further 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 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"). Jay C Anderson and Melissa Anderson owe Lender the principal sum of Twenty Thousand
<br />Seventy-nine and 50/100 Doliars (U.S. $20,079.50), which is evidenced by the note, consumer loan agreement, or
<br />similar writing dated the same date as this Security Instrument (the "Note"), which provides for periodic payments
<br />("Periodic Payments"), with the full debt, if not paid earlier, due and payable on March 17, 2016. This Security
<br />Instrument secures to Lender: (a) the repayrnent 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, Borrower, 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: 315 Beachwood Drive, GRAND ISLAND, Nebraska 68803
<br />Legal Description: Lot Sixteen (16), Westwood Park 8th Subdivision in the city of Grand Island, Hall
<br />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 prior 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 22632 and Applicable Law.
<br />Borrower and Lender covenant and agree as follows:
<br />Payment of Principal aud 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 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 Instnunent as a lien on the Property; (b)
<br />yearly leasehold payments or ground rents on the Property, if any; (c) yearly ha�ard or property insurance
<br />premiums; (d) yearly flood insurance premiums, 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 />0 2004-2010 Compliaoce Systems, Inc. EEOB-F15E • 2010.03.378
<br />Consumer Real Estate - Security Iastrument DL2036 Page 1 of 6 www.compliaacesystems.coro
<br />�
<br />g�
<br />
|