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��14�1199
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<br /> IUIULT�FAMILY DEED �F TRUST, SE�URITY AGREEMENT, ASSI�NIVIENT �F
<br /> RENTS, AND FlXTURE FILIN�
<br /> THIS MULTlFAM�LY DEED �F TRUST, SE�URITY A�REENlENT,
<br /> ASSI�NMENT �F RENTS, AND FIXTURE FIL�N�, INHI�H, F�R AS L�NG AS THE
<br /> L�AN IS INSURED �R HELD BY HUD, SHALL BE DEEMED T� BE THE
<br /> M�RTGA�E AS DEFINED BY PR�GRAM �BLIGATI�NS �"Security �nstrurnent"}, is
<br /> made as of this �st day of March, ���4, amang LUTHERAN H�MES, INC., a non-prafit
<br /> corpora�ion arganized and existing under the laws of Ne�raska, wh�se addr�ss is Attn:
<br /> Mortgage Servicing, 28�7 West Faidley A�enu�, Grand Is�and, Nebraska 588�3, as
<br /> grant�r, trustar, Borrow�r �B�rr�wer}, to FIRST AMERI�AN TITLE lNSURAN�E
<br /> ��MPANY, as trustee �Trustee}, a cvrporati�n organized and ex'rsting und�r the laws
<br /> af a i rn ' a , whose address is 139�4 �ald �ircle,
<br /> �maha, Nebraska, 68�44, for the benef�t af LANCASTER PC�LLA�D M�RTGAGE
<br /> ��MPANY, LL�, a �fmited liability company, organ�z�d and exist�ng under the laws �f
<br /> Deiaware, whnse address �s �5 E. State �treet, ��th Floor, �olumbus, �H 43215, as
<br /> Lender �Lender}.
<br /> BorrovU�r, in consid�ra�ion vf the Indebtedness and the trust cr�at�� by thiS
<br /> 5ecurity �nstrument, irrevocably grants, conveys and assigns to Trustee and Trustee's
<br /> succ�ss�rs and assigns, �n trust, with �ower of�ale, the Mortgag�d Pr�perty, including
<br /> th� Land located in Hall �ounty, State of Nebraska and des�ribed in Exhibit A attached
<br /> t� thi� Secur�ty lnstrument, t� have and t� hold the IVlortgaged Pro�erty unto Trustee
<br /> and Trust��'s succ�ss�rs and assigns.
<br /> T� SE�URE T� LENDER the repayment of the Indebtedness e�idenced by �
<br /> Barraw�r's Note paya�l� t� L�nd�r dated as of the date of this Security Instrument, and
<br /> maturing on Apri� 'i, ��49, in the princi�ai amount of Tw� Million Thirty-E�ght Thousand
<br /> Six Hundred and ��1��� D�Ilars �$2,�38,6��.��} �"Loan"}, and all r�newais, extensions
<br /> and modif�cations of the �ndebtedness, and th� performanc� of the co�enants and
<br /> agr��ments af B�rrower cantain�d in this 5ecurity Instrum�nt and the Note.
<br /> Borrower r�presents and warrants that B�rraw�r is la�fulfy se�zed af the
<br /> Mortgag�d Prop�rty and has the right, p�vtir�r an� auth�rity �v mortgage, grant, can�ey
<br /> and assign th� M�rtgag�d Property, and that th� Mortgaged Property is unencumbered
<br /> except for easem�nts and r�strictions �isted in a schedule of exc��t��ns t� ca�erage in
<br /> any titl� insuranc� p�licy issu�d to Lend�r contemporaneaus�y with the executian and
<br /> r���rdati�n af this Security Instrument and insuring Lend�r's interest in the Mortgaged
<br /> Pro�erty. Barrower c��enants that Borrower shall warrant and defend generally su�h
<br /> tit�e t� the Mortgag�d Pr�perty aga�nst all claims and demands, subject t� said
<br /> easements and restr�cti�ns.
<br /> P�e�ious editions ar�obsolete HUD MF Security Instrument HLJD-94���M�Rev.�4111}
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