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i <br />DEED OF TRUST <br />89-- 104997 <br />THIS DEFEu_OF TRUST is made this 14rt, yay of �;t�.emhe= <br />19 g9 , arnan9 the Trustor. yenneth E. Clark and Phyllis A Clark, hunhand x wife <br />(herein "Borrower"), FirsTler Bank, National Association, <br />Omaha, NebrAk"', (herein "Trustee "), and Beneficiary, Firaliier Bank, National Association, Omaha, Nebraska, a <br />corporation orgWZad and existing under the laws of The United States of America, whose address is 1700 <br />Farnam Strea4 0M&# k Nebraska, 68102.2183 (herein "Lender"): <br />- BORROWEF i�:ipra ida a3ion of the indebtedness herein: kited and the trust hart created, irrevocably <br />goranttsalnl conv e}js oTrua , intrust, with powerofsale, thefotiowing described property tocatedfrr ,theCounty <br />State of Nebraska: <br />Commencing. =4t a point Forty Four (44N .xei;,'South of the Northeast corner of <br />a tract v ronly known as "Huston's; 4..a, a +ve`? and more particularly <br />described'-3n Deed recorded in Book-8 .37 of the Deed records of <br />Hall County, NebT ;4ika, same being a- =hart a "the Southeast Quarter of the <br />Southeast .Quarter. '(SEk SE )., of Sect3dn Eight. ,. Township Eleven (11) <br />North, l 'gh <br />e Nine (9) West'�O- the6th <br />P.1if;.; "14all County, Nebiriaka and <br />running t i'thce West parallel with the North"'line of said tract, a distance <br />of One Hundred Thirty Eight and Cwe`i�alf'(1381a) feet; thence South at <br />right angles and parallel with the.',!FY -ast lice of said tract, a distanta of <br />Forty Foir:..(44) feet; then�.e East pa .Allel- -it-iI h the North line .of' said <br />tract, a. _c:fiistance of One I: t @red Thirty Eigh 'and One Half (13E } feet, <br />to the East line of said tri3ct; . thei icc,�B- North Forty Four (44) feet to the <br />place of beginning. <br />I I <br />D�I <br />E <br />which has the address of 1328 North Broadvell, Grand Island <br />Nebraska 68803 <br />(S"" (ON) <br />�0dZWc�.► (herein "Property Address"); <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements. rights, <br />appurtenances, rents (subject however to the rights 4nd authorities given herein to Lender to collect and apply <br />such rents), royalties, mineral. oil and gas rights and profits. water, water rights, and water stock, artd all fixtures <br />now or hereafter attached to the property, all of whEch, including replacements and additions thereto, shall be <br />deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together <br />with property (or the leasehold estate it this Deed of Trust is on a leashold) are herein referred to as the <br />TO SECURE to LENDER (a) the repayment of the indebtedness evidenced by Borrower's note dated <br />— $>:ptamnhQr 14 , 1989 - .( herein "N(de "), In the principal sum of - Fifteen thousand and no/ 100 - <br />- - -($ s p 000 00)_ -- Dollars, with Interest thereon, providing for monthly installments <br />of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on <br />_-Spntemher 14- 1924 ; the payment of all other sums, with interest thereon, advanced <br />In accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and <br />agreements of Borrower herein contained; and all renewals, extensions and modifications thereof, and (b) the <br />repayment ofany futureadvances, with interest in thereon, madeto Borrower by Lender pursuantto paragraph 21 <br />hereof (herein "Future Advances "). <br />BORROWER covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to <br />grant and convey the Property, that the Property is'unencumbered, and that Borrower will warrant and defend <br />generally the title to the property against all claims and demands. subject to any declarations. easements'or-' <br />restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest <br />in the Property. <br />