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<br /> , JTb7 � �/"' ��➢��c:y� 6(�60790 . ,
<br /> � • • which hesttxo address at 66a KUESTER LAKE , GRAND I SLAND � �
<br /> ' '�� [Ci.tyl :�,.
<br /> ISstaotl „ `
<br /> Nabraeka 6880� (herein"Property Address ); ° s��'���
<br /> ['J.IP�^--oda] �'�--
<br /> TO(3F"fH�'R with el! the improvernents a�w or hereafter erected on tho property,and all c�:,4ments, ._,�,F
<br /> � righte,appurtenances and rents(s�.�'�Ssct l»vfever to the rights end nuthorities�iven herein to Lender tcr collect �.�
<br /> and apply such rente),el! of whi�l�shall 6o decmed to bo and remain a pert of the property cove.e�by thie ��,"y'_
<br /> �_��
<br /> IIEed of Trust;and ell of the for.eQo�c`q, t4gether with Maid propartp(�r the lensehold esu►te if thie B�eed of �.'�
<br /> r Trust ie on a leasehold)are hereiw�fter referred tn es tha Property ; --
<br /> TO SECURE to I.ender tr� tepaymRnt of the indabtedness evidenced by Dorrower s aoz�e dated �'--
<br /> APR I L 14TH 1991 aad eztensions end renewele tliercof (lterein"Note"),in tlie�rincipal �:_
<br /> �:�:, � sum of U.S.S 30,000.00 ,with interest therean,provid3nd for monthly inscnllmeatA�P�aincipal �_,_-
<br /> �.�'�:�:� � and intere�t,with the balance of trn indebtsd�ess.i4 not soonar paid,due nnd payable on �,.;;,,.
<br /> �R1�4.�'
<br /> � �"�"�� MAY 1 ST 2002 ; tha pays�aeat of �Il other sums, �vith interest tliereon, ndvunced in R�:x.rordance ,JN;;_-
<br /> herewith to protect the secutity of.ttus Deed of Trust;and tha performtuice of tha covenantD end al�ernante of _
<br /> , .'f "� Borrowcr horein contained. ''�=
<br /> . �` Hortower covonents that Bortower is lsNfully seised of the estate hereby conveyed and lien tyfe right to -_
<br /> � ' grant and convay the Property,un�1 thai the Property is unencumbered,except for encumUrences��t�record. '�:��
<br /> � Bonower covenante that Borrower warrunts and will defend geacrnlly the title to the�'ronerty :zgninat all -.��_�,;�,�
<br /> ' cleime end demands,sub,ject tr�ear.umbrunces of record.
<br /> [JAiIgpRIvi COVBIJAN'ES.Boreower�md Lender covenant und ngree as followe:
<br /> �•%?s•�:.'-- 1. Fsymeni vi F��ry:;�a! ::�= ?�•.='°`r, Anrrower shall promptly pay when due the ps-%ncipal and
<br /> �`? interest iadobtedness evi3e�.ed bp the Note and IsiG c�arg�as provided in the Noto.
<br /> � "'''' 2,Funds Ior'Y'axds aa�d Ittsurame,e•Subyect to applicab�e la�v or a written weiver Uy I.e�dc-�,Aorrower
<br />- �� 1���:� a ments of rinci al and interest are papable under tb,a NAta,until
<br /> ,,:.,: ehell peq to I.endor on the day m�nthip P y P P
<br /> .� ,,,
<br />= .`:�;j;,' „•. .���,}�' tho Noto is paid in full. a eis:m (hereia "F�nde") eclual to one-twolftlt of the yearly ¢�uces �d a..`sessments
<br />'�''"� ,1 ;-,�•Y'°� (iacluding condominium.and planced unit development assessments, if any�wluch m�f mi��nstxl ments
<br /> ��''�..:,,�' .,�;i ':
<br /> ttue Dad of Trust and groua3 reAts on the Property,if any,plua oue-t�velfth of year y p
<br /> ��, for heaard iasurance,plus one-twelfth of yearly premium in�tallments for mortgage i�►surnnc�:, if any, all as
<br /> . • reasonebly qtimated initiel��afld from time to tima bq I.eader on tiie basie of s5sessments and billa end -
<br />' � reasonnble estimntcs thereof.Bocrower sh�l not be obligatul to mol:e such payments of l�ue�3s to Leuder td
<br />- � the exeeat thnt Aorrower m�es sucv pnyments to the holder of a prior anortgage or deed of 4ruyt it euah - _
<br /> . _ : ._,.�; holderieaainstitutionnlLc�c�c.
<br />-�;.,,.., 1�Bonower pays Funds to T.u�der,tkie Fund,shall ba held in na ins'ci�¢ution the deporkta or accounts oi s
<br />_1,-��,�.�. ��� which ere iasured or gunruG.:xd bY a federal or state agencp (including Lender iP Lender is euch �n
<br /> inatitution).Lender ehell ap�nl,� t�.e Funds to pay said taxes� asseysments, insuranco pren�iums nnd groun�
<br /> °:'�"'� �1 � reats.l.ender meq not char�e tor so holding and aPplying the Funda,analqzin�said account or verifying and
<br /> ;;:c�`, ,. „� compiliag ssid avsessm.ents ezd bilis,unless Lender pays Bonowor interest on the I�►inris end npplxcable la�� -_
<br /> � �� permits Loader to make euch a el:.a�ge.Borrower and Lender map egrree ia writina aC Che tima of oxeoution of __
<br /> - '�'�' `'��"• � tlue Dad of Trust that interest or.tLe Funds sl�all ba paid to Borco�ver,and unless�ucl�.agresmont ie t�ade or
<br /> .. ..'�:4�....:
<br /> �'=��-( appliceble lnw requir�s such interes�t to bo peid,I,ender shall not ba required to pay Dortower nay interest or
<br /> ui�j����.wr V.~' .
<br /> earni.ngs on the Funds. I,ender aha11 �ivo to Bonower, without charge,an�uwel u�;counting of the un
<br /> .-�"`.•��:;• ehowing credits e.nd debit�to the Fur_d�aad tho purpose for whiah each dobit to the Funds wes mnda.The
<br /> �=`'°��•n� :�.���:;�, Funds nre pledged es additionel securi2y foc tho suins sccured by thie Dee�of Trust.
<br /> ";:i If the nmuunt oi the Funds held by Lendor, togethar with tl�e future moa*�ly installmenta of Punds
<br /> � payable prior to the duo dntes of taxes,asses�rneats,insurance pramiums and�round renta,shall exceed the —_ -
<br /> amount required to pay said taxes,essessc�sents,in�urance premiums and ground rents as they fall due,sucD _
<br /> . � ex�aess shell bo,at Botrower's option,eith�r promptly rapaid to Borro�ver or credited to Borrower on monthly -_
<br /> i: iaswllments of Funds. Ii tha amovnt of the Funds held bq I,cnder shall no�r be sufficient to pay texes, �...---
<br /> ��t��__�.
<br /> � � assessmente,inaurance premiums nnd ground rents ns tha}•fall due,Borrower shull pay to Lender any amount __
<br /> _. . ��. ��1.�.-
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