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<br />200600779
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<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 FOURTEEN (14), IN BLOCK TWO (2), IN PARKHILL SUBDIVISION, AN ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
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<br />which has the address of 2536 W ANNA ST [Street],
<br />Grand -Island' . [City];Nebras.ka6BB03-5B29 [ZIP Code] (herein "Property Address");
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<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
<br />such rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and
<br />all of the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are
<br />hereinafter referred to as the "Property";
<br />TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated Jan 17,
<br />2006 and extensions and renewals thereof (herein "Note"), in the principal sum of
<br />U. S. $ 31, 451 . 8 B , 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 February 24, 2012
<br />the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this
<br />Deed of Trust; and the perfonnance of the covenants andagreell1ents of Borrower herein contained.
<br />Borrower covenants that Borrower is lawfulIy 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
<br />pay to Lender on the day monthly payments of principal and interest are payable under the Note, until the Note is
<br />paid in full, a sum (herein "Funds") equal to one.twelfth of the yearly taxes and assessments (including
<br />condominium and planned unit development assessments, if any) which may attain priority over this Deed of Trust,
<br />and ground rents on the Property, if any, plus oI).e-twelfth of yearly premium installments for hazard insurance, plus
<br />one-twelfth of yearly premium installments -for' mortgage insurance, if any ,all as reasonably estimated initially and
<br />from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof. Borrower shall
<br />not be obligated to make such payments of Funds to Lender to the extent that Borrower makes such payments to the
<br />holder of a prior mortgage or deed of trust if such holder is an institutional lender.
<br />If Borrower pays Funds to Lender, the Funds shalI be held in an institution the deposits or accounts of which
<br />are insured or guaranteed by a federal or state agency (including Lender jf Lender is such an institution). Lender shall
<br />apply the Funds to pay said taxes, assessments, insurance premiums and ground rents. Lender may not charge for so
<br />holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills, unless
<br />Lender pays Borrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and
<br />Lender may agree in writing at the time of execution of this Deed of Trust that interest on the Funds shall be paid to
<br />Borrower, and unless such agreement is made or applicable law requires such interest to be paid, Lender shall not be
<br />required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower, without charge, an
<br />annual accounting of the Funds showing credits and dehits to the Funds and thepmpose fo, Wh~. h. debi.t to the
<br />Funds was made. The Funds are pledged as additional security for the sums secured by this Deed . ~. ....
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<br />Initials' gj/'
<br />cD .76(NE) 100071.01 Page 2 of 6 jq828
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