99108068 - Laserfiche WebLink

Browse

�9 � � 8068 Z A. Lot l, Losee Subdivision in Hall County, Nebraska; B . The NW/4 of 26-9-10, Hall County, Nebraska, EXCEPT Lot l, Losee Subdivision. Together with improvements, fixtures, easements, rights, privileges and appurtenances located thereon or in anywise pertaining thereto, and the rents issues and profits, reversions and remainders thereof, all of the foregoing being referred to herein as the ��Property�� ; To secure to Lenders (a) the repayment of the indebtedness evidenced by Borrower� s note dated even date herewith (herein "Note") , in the principal sum of $302, 000 . 00, with interest thereon, providing for annual installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on March l, 2014; (b) the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and (c) the performance of the covenants and agreements of Borrower herein contained. Borrower covenants and agrees, as follows : 1 . Borrower Seized of Pro�ertv. That Borrower is lawfully seized of the estate hereby conveyed and have the right to grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and demands, subject to any covenants, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lenders ' interest in the Property. 2 . Payment . To pay the principal and interest thereof as provided in this Deed of Trust and the Note. 3 . Taxes and Assessments . To pay on or before they become delinquent all taxes, special assessments and other charges against the Property and, upon written demand by Lenders, to add to the payments required under the Note secured hereby, such amount as may be sufficient to enable the Lenders to pay such taxes, assessments or other charges as they become due. 4 . Insurance. To keep the Property insured against damage by fire, hazards included within the term "extended coverage" , and such other hazards as Lenders may require, in amounts and with companies acceptable to Lender, and with loss payable to the Lenders . 5 . Repair, Maintenance and Use. To promptly repair, restore or rebuild any improvements now or hereafter on the Property; to keep the Property in good condition and repair, without waste, and