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DEED OF TRUST 89- .103839 THIS DEED OF TRUST is made Oft 20th 111), , _ .among tlhe Trwtor, aric J.. Alle and Conda L, 1►11Qn; husbaho 4 a wife Off. " Borrower" );: FinilMr Mok;,f+�i OM Association, Orrinitha, Nebraska. (herein "Trustee"). and ftn?116w.. F1106r 80*. a+ fatipn4J-A*eaci%*WkChit" Nebraska. a , corporation organized and existing under the laws of. Tale Unilad. Stites, of Aarerica, whoea address is 1700 Fornam afro Owaha. Nebraska. 081109 -2103 owein BORROWER, in consideration of the indebtedness Mersin recited rt3. R OuO 8eirein•created. irrevocably Wants and conveysto Trusts. in trust, with power of located inths County Of Hall „. StAle of Nebraska: i Lots Twenty three (23):, and Twftlty four (24) r Block Six (6)'r. �^hten Place, and j all of fractional Block-Forty Nine (49) in the Subdivision of Block Bosty eight (48) and Stock Forty nine (49) of Charles ,Waiia wr'a Third Addition to the City of Grand Island, Hall County, Nebratkat. , which has 11110 address of 516 South ,;rapt Grad Island Nebraska 68803. '• ; • An�wa�ce+.e ,. TOGETHER with an the itthptovNrhsrhte now or hereaftr erected on the property, and all easements. rights, aww"nances, rents (suta)eci however to the rights and authorities given herein to Lender to collect and apply such rents). royalties. mineral. oil and go rights and profit. water. water rights, and water stlock. and all fixtures now Or hereafter afleched to the property. ak of which. including replacements and additions 0 * min. ~ be deemed to be and remain a part of the property covered by this Deed of T rust; and all of the foregoing. together with said property (or the leasehold estate if this Deed of Trust is on a leashold) are herein referred to as the ,.Proporty "; TO SECURE 2 t, lqV (a) the repayment of the indebMdness evidenced by Borrower's note dated June 20. 19 9 (heroin " Note"), in the principal sum of Twenty five thousand fifty Dollars. with interest thereon. providing for monthly installments of principal and ~@K with the balance of the indebtedness, it not sooner paid, due and payable on June 20, 19W ; the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agrawonts of Borrower herein contained; and all renewals, extensions and modifications thereof; and (b) the rrpeynher►t �t,r,ry lh true lva:hc!e. with interest in thereon. made to Borrower by tender pursuant to paragraph 2l hereof (herein "Future Advances ") BORROWE=R covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant end convey the Property, that the Property is unencumbered. and that Borrower will warrant and defend gwwally this title to th* Property against all claims and demands. subject to any declarations. eq sements or restrictions listwJ in a srhsdule of excepttuns to coverage err any title insurance policy insuring Lendel's rr(tr_rest in live pl%)Ody , i