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<br /> , � 97-110804 � °
<br /> .rv�'^�i.r� 'Y`�.
<br /> ' � • �� "''` grants and wnveys to Trustee,in trust,with power af sale, the following described property loca[ State of Nebr kaf _-
<br /> HAI.�L --
<br /> � 0� g�(,�Y 8/2IN W.IIIDUULpH�YITION THE C�I�OF _
<br /> �
<br /> , CRA�N ISLAND, HALL O�TPY, NE9RASKA. _
<br /> � TAX ID NUMBF�R: 400139901
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<br /> �. � which has the address of 604 90LJ!'fi CL�2K �"���~
<br /> •� �ctry� ,Nebraska 68801 �zip codc) (herein"Property Address") _.
<br /> C�RlaND ISLAI�ID �`=-
<br /> � TOCiETHER with all the improvements now on c�reafter erected on the property, and all easements. dghts, _
<br /> appurtenances and rents (subject however to the rights and authorities given hereln to Lender to wll�ct and apply
<br /> ;r,� such rents), all of which shall be deeraed to be and remain a part of the property covered by this nad of Trust;and
<br /> � all of the foregoing,together with said property(or the leasehold estatc if this Deed of Trust is on a leasehold)aze
<br /> ; hereinafter refened to as the"Properry";
<br />_- �,- TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated
<br /> ��;.�, December 12, 1997 and extensions and renewals thereof(herein`'ivoce"j, iu Qia princfpat susn of
<br /> ��' U.S.S 18,245.00 ,with interest thereon,providing for mo:�th1Y installments of princlpal and interest:
<br /> with the balance of the indebtedness,if not sooner paid,due and payable on December 17, 2022 ,
<br /> ;; the payment of all other sums,with interest thereon, advanced In accordance herewith to protxt the security of this
<br /> . � Dr,rAI uf Trust;and the perfonnance of thr.covenants and aRIaments of Boreower herein contained• `
<br /> •' Bonower covenants that Boaower is lawfully seised of the estate hereby conveyed and has clne riglil to grant and _
<br /> � ; convey the Property,and that the Properry is unencumbered,except for encumbrances of record. Bonower covenants :
<br /> ' " that Borrower wanants and will defend generally the title to the Property agalnst all claims and demands,subjxt to
<br /> ' encumbrances of record.
<br /> UNIFORM COVENANTS.Bonower and I.ender�.ovenant and agree as follows:
<br /> 1, Payment of Pr[ncipAl and Interest. Borrawer shall promptly pay when due the pr+ncipal and Interest
<br /> � indebtedness evidenced by the Note and late chazges as provided in the Note.
<br /> Bonower shall
<br />' 2,Funcls for Taxes and Insurswce. Subject to applicable law or a written waiver by Lender,
<br />— pa�+ to Lender on the day monthly payments ot pdncipal and interest are payable under the Note,until the Note is
<br /> ' • � pa�d in fall, a sum (hetein "Funds") equal to one-twelfth of the yearly taxes and assessments (including
<br /> , � . y condominium and planned unit developme i�o�SLwelfth�ofy arly p emium installman for hazazd inst�uano�T p tg
<br /> , • and ground rents on the Properry, if any.p
<br /> � one-twelfth of yearly premium installments for mortgage insurance, if any,all as reasonably estimated initlally nnd ` `
<br />_ , � from time to time by Lender on the basis of assessments and bills and reasoaable estimates thereof. Bonower shsill
<br /> � not be obligated to inake such payments of Funds to Lender to the extent tltat Bonower n►akes such payments to the
<br /> - � � holder of a prior mortgage or deed of trust if such holder is an institutional lender. �
<br /> ` If Borrower pays Funds to Lender, the Funds shall bc held in an institution the deposits or accounts of which __.__
<br />— are insured or guazanteed by a federal or state agency (including Lender if Lender is such an institution). Lender _
<br /> shall apply the Fwids to pay said taxes, assessments, insurance premiums and ground rents.Lender may not chazge _
<br /> for so holding and applying the Funds,analyzing said acwunt or verifying and compiling said assessments and bills, _
<br /> unless I.ender pays Borrower interest on the Funds and applicable law permits I.ender to make such a char�e. ;-
<br /> Bonawer and Lender may agree in wdting at the time of execution of this Der,d of Trust that interest on the Funds �•;�.
<br /> shall be paid to Bonower, and unless such agreement is made or applicable law requires such interest to be paid, Y
<br /> Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower,
<br /> without charge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose for
<br /> which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured m 38z,s
<br /> Deed of Trust.
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