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<br /> y:a.;;,;r,�_�,. BORROWER,la con�kferaUon of the Inclebtednaso herNn recelved end the truat hereitt croated,lerovooably Qv�nts,tron�f�ro,conwya md e�si{�u to -_-
<br /> r -��mT� ,s` '7auctse,in TRUST,WITH POWER OF SALE,ths foliowlnp detaribed pro�erty,locat�d in Nal l ComEy,Nebndc�:
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<br />_`;;; '-,''= • Lot 19� Block 1, Br�ntwaod Subdivision, City af Grand Island, Hall
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<br /> � ; . ` 1` TOGE7HEH witA el!buildiapa,fixtures,improvemente and eppurten�ncee now or hereefter erocted theroon and ati dphto-of•wey,eeaemenro, ronta,
<br /> -- , � Iswea,ptotite,Incoma,ten�m�nt�,heredittvn�ntn,privil�pe�,eppurtene�ces,roydtiet,end minc►al,oli,gao end weter riphte thersunto belonpinp,uoed
<br /> – " ., � or enJoyed with said land or�ny�nrt thereo},ell of wMah,Includinp reploaemente end edditions thareto ehell be deemed to be end �emeln e qerc of �r�.�
<br /> y_ the propeny covered by tN�Trus4 9aed;and all of the(orepoinp topether with said proporty ero heroln rolerrod to as the'Property.• i""�
<br /> �� TO SECURE to iondet th�rsp�yment of indebtadneas evidenaed by Botrower'o�lome Equity Une Lo�n Apreement and Home Equity Note datod I
<br /> _ • • ° �tober 5 _, 19 94 •toQethsr with eny eM e�1 nnewel�,maiiflcetlone,end exten�iona theroof end eubotltuUone or axchmgei therofor
<br /> _:,� (herein the'Note')In 4he ma�tlmum pdncipal sum outotendinp et any one time ot 0 20.000_00 .topother with Interest at the rote �
<br /> - ' pravidsd thereln,with e find matuNty,ff not sooner peld, of Or.tober S , 99 99 .and atseuudty tor eny futuro edv�nces thot moy �
<br /> ' �a mede by the Lender to ths Borrower from time to tlme end os seourity for tho paymont of eny end ell othor Indebtedneue of the Borrorrar to tho
<br /> �, Le n de►w h lc h mey a des,r l l o f e d d�um�not to exee�d 6n t he eppropate e sam oqu d to t hree timea t he oripinal pdnclpd emount of the Ncte. Fo�
<br /> �.,�": � purpoae�of tt�e Home Equlty Ur»loan Apreomartt,p�ra�nph�Z,3,4,6 e�d 11 betow ehd!be desmed covenento relatinp to the Properiy. I
<br /> .;�s,.. � ., ,.,,,��! BORYtOWEfl covorsants th�t tM fiorrow�r h lawfully eNtW of the Property heroby convoyed and has the dpht ro Qnnt and aonvey the Propercy,thet �.
<br /> -��', '. • . tE»Prop�rty te unsncumbn�d by�ny nw►tqep�,trust dssd,contreat to purchese or otherwi�e,except tors first Deed a£ TCUS[
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<br /> '�� � .. _,on which the unpald b�Nxe on thi9 data dons not exos ' . e Borrower covennnts to oompty witA e11 the terme end '
<br /> �� '.�_�:.. _ . . provi�lon�of any pdor mortpspe, trust deed or contnot to purohase,upon the Property erd to make di paymsnh thereon before they become f
<br /> V�;' :, dMit►qt►ent. If no name or emount Is Intetted in this parppreph,then 4he Borrowtt covenants thet there aro no prior Ilens or encum6rencae o}eny kfnd �
<br /> _ �! upon th�Proneriv. Ths 8orrowsr funher cnvnrunu ta waront snd def�rd th�tiUe m t!u P�an�mr-�m�.r dl ct,tm..rul.�.ma„ee �
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<br /> "�. . , The Borrower and che Lsndar luKher covenent end epree es tollowe: �
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<br /> ' 1. The Qorrower eh�l prompUy pey whnn duo ths princlpd end fntereat on the indebtednasa evidenced by the Note. i
<br />_- , 2. At leeet ten deya betoro they become delinqttont Bortuwer aha!pay eil texo�aM cpscicJ acaoscmento lavind or esaessad epafnet the �
<br /> Property,ot eny p�rt iMr�o},�nd dl taxes,leviee end eeeesament�levfed uaon tMt T�utt Deed or the debt wMch it eecutea. j
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<br /> �� 3. The Borrower eh�il keep the Improvertsante end bulldinps,I}eny,upon the Prape�ty Ineurad,with e company ot compenie�npproved by the 1�
<br /> Lerxler,for en emount not lea9 the�the unpeid befence on the Indebtndnese eecured by t�f�Truet Oeed with e etenda�d martaape clnuso �
<br /> .. � with loss payable to the Lender. TAa Borrower shdi detiver eald policy or poUcfea to the Lender.
<br /> In the swnt of n loas,ti»Barrow�r�hall giva pvompt noc6ct ro the Inaurence carder a�x1 tAe lendnr end lile •proof of lose. If th� Borrnwer fa not `
<br />-- � ± otherwite In d�(�Wt,tMs Borrower m�y�Ieot to�ppiy tIN in�unnu prow�ds ro rep�ir or repl�cs thm d�m�p�d Pro��rty,If economic�ity Ie�aiDle,end !
<br />: ``•�"' tA��ecurity af tNs Tn��t U��d woutd not b�Impared. IP iM Bo►row�r I�In defauit o�Nao4�not to repeir or replee�fhe dam�od Prcparty or repaf► i
<br /> �i •- • �r r�pl�c�rtt�nt would not�canaNcdly t�sdW�or the�ncudty of tN�TN�t O��d would bs tmp�ired then tAe in�unnc�proce�de sha11 bc�eppt�ed to i
<br /> ` � •° the In9t m�turinp p�ymenU dw oe th�Note. If the ioturance proce�da�n ia exceee of the totM emoam das on�dd IYot�,the excesa oha11 ho paid !
<br /> ta the Barrowe�. Insurenc�procesdi ter reF�ir or reptecemant shetl he placed In esorow ere in axce�s of the totsl ernount due on oad Note,the oxco�a '
<br /> shdl Ee yetd to the Dorcowee. Insurence proceede tur►c,�ar or roptic�nent eha{I Oe placed in escruw with Y�e les�der and dfsbuned by the Londer !
<br /> �� durinA or upon compietion of auch reFelr or teplacemenl. If the LeMer ecGulres titto to the Pra�erty by exercisinp Ite power ot ode,larer.locuro or i
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