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<br /> v a granto and conveys to Trusta,in trust,with power of sele,the following described property loca[al in the County of `
<br /> �� �,L ,Sttte of Nebr�uka:
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<br /> I�OT 5, BLOCK 28. PACKER & BARR'S SECOND ADAITION, CITY OF ORAND ISLAND, HAI+L
<br /> —� �.OLJNTY. NEHRASICA.
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<br />�� which has the�dt3mys of 222 NORTH (3FtACE ���'
<br /> — axnrin iSi,aN�* [ciryl.N�braska 68803 [ztPCoae] (���in"Property Addnss');
<br /> - TOGETHER with all tt�e lmprovements now or h�ereafter erceted on the properry, and all easemrnts, ri6hts,
<br />;;;� appurtenances and rcnts(s�ibject however to the �ights an•� authorides given here�n to L,ender to collact usd ap?�Y �
<br /> such cents),aU of which sLa11 be damed to be and remain a put of tlx propercy covetod by this DoM of Tmst;aad
<br />. all of the fongoing, together with said property(or the teagehold estata�f this Deod of Tn�st is oa a leasehold)�re
<br /> - herelnafter refemetl to a�the"Property':
<br />---- Tt3 SECCF�to 3�n3.:.L's�ttps;�!Qf the in�!tbtexln�s evidr.ncecl by Borrower's note dated .:�
<br />:;�1'� MAY 22, 1998 and extensions and renewals thereof(hcrcin"Note").in the princip�l sum of '
<br /> "a�, ,wjth interast thereon,Provlding for monthly uutallments of principal u�d iata+est,
<br />:::���y� U.S.S 30,000.00 .
<br /> with the balu�x of the indebtedneas,if uat sooner p�id,due und payable oa MAY 28, 2023 �
<br /> .s'_"1......».i•/.•..n«.s�..��l.o ew����ifv�1�ftitl� _
<br /> the payment at'all othtr sums, wfth mtenst tnoreoa. uuv�IN+RI l��RH�i4A»M�I�Y\MA�wa... ,......�.»._ � __. -
<br /> _ Dxd of Trv.st;und ihe partor►nance of the cavenants ancl agreemca�s of Bomower derein contwxd.
<br />'<;� Borrow�r covenants that Borrower is lawfully seised of�the estate heeeby conveycd and h�.s thc right to grant and
<br /> - convey the Property, and that t�he Property is unencumbercd,eacepe for encumbrances of record.Bornower coveannte
<br /> th�t Borrower warrmts u�d will defsnd�ener�lly the title to the Pcope�ty�Bwist all cl�ims�ud demu�ds.subjc�t Ro
<br /> eucumbr+mces of record.
<br /> UNIFORM COVENANTS. Borrower and I.ender covenmt�nd agree as follows:
<br /> 1. ��nent o[ Prlocipal And Interest. Borrower sh�ll proraptly pay when due the principnl nnd intereat
<br /> indebtednesa evidenced by the Note and late chuges as pmvided in the N�te.
<br /> 2. Ebnds[or T�xes�nd iniur�nce. Subject tonpplicable law or a writ[en waiver by L.cader.Boroowa shall
<br /> _'_---. p�y to Lender oa the day moathly piyments of princip�l and interest are payable under the Note.until the Noto i�
<br /> p�ud in full� a aum ('secein "Funda') e9w1 to one-tarolfth of the yeuly taues and assasments (ia�i►xiin8
<br /> condominium uKf planned unic development agsessments. if ury)whicb miy atta�n prioriry ova thia fleed of Trust,
<br /> � and ground rents on tLe PropeccY.if anY.Plw one-cwelfth of yearly premium inst�llwa►ts for hazard insurance,plus
<br /> one•twelfth of yeuly prem[um installmenu for moxtgage insuraace. if any. �11 as re�son�bly e�timued inidally and
<br />,�,;;;� from tim�to time by Lender on the basis of essessmenes•and bills anrl reasonable estimata theteof. Bo�w�`Q�e
<br /> -- not be obligued to make such payments of Fnncia to Lender so tlx exteat that Borrower m�lces such pay
<br /> holder of a pdor mortgage or dad of trust if such holder is an institucda►nal lender.
<br /> If Borrower peys Fu�ls co Lender,the Funds shall be held ia an institution the deposits or�ccounts of which
<br /> ___ ue insuted or guuantad by a fodenl or state agency(including Leader If Lender is such w institution).Lenda sh�1�
<br /> _ • �pply the Funds[o pay sa9d t�uces�s�sasments. insuracrcx pnm�ums and ground renu.Lender mty not chuge for so
<br /> ;:..`� holdwg md�pplyiag the Funtls�aa�lYz►nB said account or verifying�nd compilin,�said assrssrornts�nd bills.ualas
<br />..:��:� l.ender paya Borrower interost on the Funds md�pplicable l�w permits I.ender to make such a charge.Borrowa aad
<br /> � L,ender tnay a6ree in writing at the time of execution of this Doed of Tcust that inte�est on the Funds sh�ll be p�id to
<br />- go�„�,�r�a�ualpa such�grxment is made or appHcable law requires such iatecest to be paid,L,e�r sh�ll not be
<br /> requirod to pay. Bori+ower�ay interat or eamings on the Funds.I.ender sh�ll give to Borrower,without charge. m
<br />-- — �mual�ag nf the Funds showing crodits u�d debits ro the Funds u�d t1�e pntpose for which ach debit to the
<br />=-- - F�a��,T6�Funtls are plaiged as�dditional securiry for the swns secured by this Aeed of Trust.
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