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2000U2632 .. <br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property <br />located in the County of HALL , State of Nebraska: <br />LOT EIGHT (8) IN BLOCK TWO (2) IN "WIESER SUBDIVISION ", BEING A PART OF THE <br />WEST HALF OF THE SOUTHWEST OUARTER OF SECTION TWO (2), TOWNSHIP ELEVEN (11) <br />NORTH, RANGE TEN (10), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA. <br />which has the address of 4310 MARIAN RD <br />GRAND ISLAND [city] , Nebraska <br />[Street], <br />68803 -1408 [ZIP code] (herein "Property Address "); <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, <br />rights, appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect <br />and apply such rents), all of which shall be deemed to be and remain a part of the property covered by this Deed <br />of Trust; and all of the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on <br />a leasehold) are hereinafter referred to as the "Property "; <br />TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated <br />and extensions and renewals thereof (herein "Note "), in the principal <br />sum of U.S. $ 21, 000.00 , with interest thereon, providing for monthly installments of principal <br />and interest, with the balance of the indebtedness, if not sooner paid, due and payable on <br />FEBRUARY 22ND, 2015; the payment of all other sums, with interest thereon, advanced in accordance <br />herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of <br />Borrower herein contained. <br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to <br />grant and convey the Property, and that the Property is unencumbered, except for encumbrances of record. <br />Borrower covenants that Borrower warrants and will defend generally the title to the Property against all <br />claims and demands, subject to encumbrances of record. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal and Interest. Borrower shall promptly pay when due the principal and interest <br />indebtedness evidenced by the Note and late charges as provided in the Note. <br />2. Funds for Taxes and Insurance. Subject to applicable law or a written waiver by Lender, Borrower <br />shall pay to Lender on the day monthly payments of principal and interest are payable under the Note, until the <br />Note is paid in full, a sum (herein "Funds ") equal to one - twelfth of the yearly taxes and assessments (including <br />condominium and planned unit development assessments, if any) which may attain priority over this Deed of <br />Trust and ground rents on the Property, if any, plus one - twelfth of yearly premium installments for hazard <br />insurance, plus one - twelfth of yearly premium installments for mortgage insurance, if any, all as reasonably <br />estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable <br />estimates thereof. Borrower shall not be obligated to make such payments of Funds to Lender to the extent that <br />Borrower makes such payments to the holder of a prior mortgage or deed of trust if such holder is an <br />institutional Lender. <br />If Borrower pays Funds to Lender, the Funds shall be held in an institution the deposits or accounts <br />of which are insured or guaranteed by a federal or state agency (including Lender if Lender is such an <br />institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground <br />�j Initials: <br />C <br />_76(NE)(a8o3) Page 2 of 7 4,,M aQ Form 3828 <br />