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20Q504041
<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 />LOT 4, BLOCK 1, IN CAPITAL HEIGHTS SECOND SUBDIVISION, BEING A PART
<br />OF THE SWI14 OF SECTION 2, TOWNSHIP 11 NORTH, RANGE 10 WEST OF THE
<br />6TH P.M., HALL COUNTY, NEBRASKA.
<br />Parcel ID Number: County: 400152983 City : [Street]
<br />which has the address of 4248 NEW YORK AVE 2Xp Code]
<br />GRAND I S LAND 68803 [city] ,Nebraska [
<br />(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 ";
<br />TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated
<br />April 25th, 2005 and extensions and renewals thereof (herein "Note "), in the principal sum of
<br />U.S. $ 37,190-00 , 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 May 1st, 2030
<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: n due the principal and interest
<br />1. Payment of Principal and Interest. Borrower, shall promptly pay p p
<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 />If Borrower pays Funds to .Lender, the Funds shall be held in an institution the deposits or accounts of which are
<br />insured or guaranteed by a federal or state agency (including Lender if Lender is such an institution). Lender shall apply
<br />the Funds to pay said taxes, assessments, insurance premiums and ground rents. Lender may not charge for so holding
<br />and applying the Funds, analyzing said account or verifying and compiling said assessments and bills, unless Lender
<br />pays Borrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and Lender
<br />may agree in writing at the time of execution of this Deed of Trust that interest on the Funds shall be paid to Borrower,
<br />pay Borrower hanyr interest or earningapplicable n the Funds Lender interest to tobBorrower, without shall harge, ran annual
<br />0053401881 Initlals( ' ,
<br />�}�., Page z of � Form 3828
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<br />Vi1 -76(NE) (0407)
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