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200607167 grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of HALL , State of Nebraska: te-QatlX Ji}~~Ai1'tAont ~~~~m~N~ tW~x~X ff m~xlffirf*lJ X ~he Weht One~haLt (W1/2) ot Loth One (1) and two (2), in BLock Iwenty-two (22) in Packe~ and Ba~~'h Second Addition to the City ot 9~and IhLand, HaLf County, Neg~ahka Parcel ID Number: 400070634 which has the address of 2312 81 ake Street Grand Island (herein "Property Address ") ; TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such 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 foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter referred to as the "Property"; TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated August 9. 2006 and extensions and renewals thereof (herein "Note"), in the principal sum of u.s. $ 17.980.00 , with interest thereon, providing for monthly installment.." of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable onSeptember 1. 2036 the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained. Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property, and that dIe Property is unencumbered, except for encumbrances of record. Borrower covenant" that Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to encumbrances of record. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal and Interest. Borrower shall promptly pay when due the principal and interest indebtedness evidenced by tl1e Note and late charges as provided in tl1e Note. 2. Funds for Taxes and Insurance. Subject to applicable law or a written waiver by Lender, Borrower shall pay to Lender on the day monIDly payments of principal and interest are payable under the Note, until tl1e Note is paid in full, a sum (herein "Funds") equal to one~twelfID of the yearly taxes and assessments (including condominium and plamled unit development assessments, if any) which may attain priority over this Deed of Trust, and ground rents on IDe Property, if any, plus one-twelfth of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium lllstalhnents for mortgage insurance, if any, all as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof. Borrower shall not be obligated to make such payments of Funds to Lender to the extent fuat Borrower makes such payments to the holder of a prior mortgage or deed of trust if such holder is an institutional lender. If Borrower pays Funds to Lender, the Funds shall be held in an institution tl1e deposits or accounts of which are insured or guaranteed by a federal or state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents. Lender may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills, unless Lender pays Borrower interest on tl1e Funds and applicable law permits Lender to make such a charge. Borrower and Lender may agree in writing at tile time of execution of this Deed of Trust tl1at interest on the Funds shall be paid to Borrower, and unless such agreement is made or applicable law requires such interest to be paid, Lender shall not be required to pay Borrower any interest or earnings on tile Funds. Lender shall give to Borrower, without charge, an [City], Nebraska 68803 [Stred] IZIP Code] S-76(NEII04071 $ pag. 2 0' 7 'nitia'sVv1~0~2J362376 Form 3828