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rn <br />C 2 <br />C � 2 <br />THIS DEED OF TRUST is made on March 6, 2014 <br />The Trustor is Scott A. Peters, also known as Borrower. <br />The Trustee is Stacy Nonhof, Grand Island City Attorney <br />BORROWER AND LENDER AGREE AS FOLLOWS: <br />s <br />c> <br />C7 <br />`3 <br />The Beneficiary is City of Grand Island, also known as Lender. <br />CJ Beneficiary's address is P.O. Box 1968, Grand Island, NE 68802 -1968 <br />Borrower irrevocably conveys to Trustee, in Trust, with power of sale, the following: <br />Lot Twenty Six (26), Fonner View Subdivision, City Of Grand Island, Hall County, Nebraska <br />t r <br />together with all the rents and profits therefrom and subject to easements and restrictions of record, if any. <br />C Borrower owes Lender up to Twenty Thousand Dollars and no cents ($20,000.00) evidenced by <br />nBorrower's Note of even date, payable according to the terms thereof. <br />y This Security Instrument secures to Lender the Debt evidenced by said Note, the payment of all other sums, <br />with interest, advanced under the provisions hereafter to protect the security and the performancy of Borrower's <br />covenants and agreements. <br />Borrower's covenant that Borrower is lawfully seized of such real estate and have the legal power and lawful <br />authority to convey the same and warrant and will defend title to the real estate against the lawful claims of all <br />persons. <br />1. Borrower shall pay when due, the principal and interest as provided in said Note. <br />2. All payments received by Lender shall be first applied to the principal due. This loan is zero interest and <br />is forgiven at a rate of 10% each year on the anniversary date of signed promissory note as long as all conditions <br />set forth are met. <br />3. Borrower shall pay all general real estate taxes and special assessments against the property before <br />the same become delinquent. <br />1.s <br />DEED OF TRUST <br />0 <br />