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200M5+69 <br />grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of <br />Hall , State of Nebraska: <br />All that tract or parcel of land as shown on Schedule "A" attached <br />hereto which is incorporated herein and made a part hereof. <br />which has the address of 414 WEST 12TH STREET [Street] <br />WOOD RIVER [City], Nebraska 68883 [ZIP Code] (herein "Property Address "); <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such <br />rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the <br />foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter <br />referred to as the "Property ". Borrower understands and agrees that MERS holds only legal title to the interests granted <br />by Borrower in this Deed of Trust; but, if necessary to comply with law or custom, MERS, (as nominee for Lender and <br />Lender's successors and assigns), has the right: to exercise any or all of those interests, including, but not limited to, the <br />right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing <br />or canceling this Deed of Trust. <br />Nov �LVE t3 t9ker the repayment of the indebtedness evidenced by Borrower's note dated <br />20,000.00 and extensions and renewals thereof (herein "Note"), in the principal sum of <br />U.S. $ , with interest thereon, providing for monthly installments of principal and interest, <br />with the balance of the indebtedness, if not sooner paid, due and payable on <br />the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed <br />of Trust; and the performance of the covenants and agreements of Borrower herein contained. <br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and <br />convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants <br />that Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />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 shall pay <br />to Lender on the day monthly payments of principal and interest are payable under the Note, until the Note is paid in <br />full, a sum (herein "Funds ") equal to one - twelfth of the yearly taxes and assessments (including condominium and <br />planned unit development assessments, if any) which may attain priority over this Deed of Trust, and ground rents on <br />the Property, if any, plus one - twelfth of yearly premium installments for hazard insurance, plus one - twelfth of yearly <br />premium installments for mortgage insurance, if any, all as reasonably estimated initially and from time to time by <br />Lender on the basis of assessments and bills and reasonable estimates thereof. Borrower shall not be obligated to make <br />such payments of Funds to Lender to the extent that Borrower makes such payments to the holder of a prior mortgage or <br />deed of trust if such holder is an institutional lender. <br />Initials: y' I <br />=- 76N(NE) (0308) Page of7 Forin 3828 <br />ID <br />