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<br />~.87-J.07198 ':
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<br />DEED OF TRUST
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<br />'<.... '.. . . 15th . '. '. '.December .' ..' .
<br />THISa9EEDOFTRUST IS made this Kc.L1.lccu L.Fc&ui..,. ..ubj...:.e~af":L1fe Esta.te tO,Lyle u',.
<br />19. ...,. .... ...'..... ., .amongthl! Trustor, .Van Cl..vp '.1:. !':hAr1 nH...w.. ..VAn . ("'1"'''9. "'l'iband. f, .wl.fe~ ali :)ol.nt
<br />t.emlllts . and . !lot .' aR . tenant6 '.' in. .l'!nmmnn'.. . (herein "Borrower"). FirSlierB8nk. 'National Association..
<br />ORlaha,Nebraska,(herein "Trustee"), and Beneficiary, Firslier Bank, National Association, Omaha. Nebraska, it .
<br />corpqration,organizedand.existing under the laws of TheUnited States of America, whose address is 1700
<br />F8rn8m~treet; Omaha, Nebraska, 68102-2183 (herein "lender"). .
<br />
<br />BORROWER, inconsideration of the indebtedness herein recited and the trust herein created. irrevocably
<br />grants and conveys to Trustee, in trust, with power of sale, the following described. property located in the County .
<br />of Hall' " State of Nebraska: .
<br />
<br />Lots Eight (8) and Nine (9), in Stehr's Subdivision, being located
<br />on part of the West Half of the Southwest Quarter (W~SW\) of Section
<br />Eleven (11), Township Eleven (11) North, Range Nine (9) West of the
<br />6th P.M~, Hall County, Nebraska.
<br />
<br />2310 East Seedling Mile
<br />(SnefJ
<br />(herein "Property AddreSS");
<br />. ~-Zip~ '.' .
<br />T()GETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />. appurtenances,rerits(subject however to the rigtlts and authorities given herein to lender to collect and apply
<br />suc~ 'ents). royalties, mineral, oil and gas rights and profits, water, water rights, and water stock. and all fixtures
<br />now or hereafter ilttachedto the property. all of which, including replacements and additions thereto, shall be
<br />deemed to be and remain a part of the property covered by this Deed of Trust; and'all of the foregoing, together
<br />' witt1saidproporty(or the leasehold estate if this Deed of Trust is on a ieashold) are herein referred to as the
<br />"PfoPertY~-':-:.. .
<br />
<br />which has the address of
<br />Nebraska' ' 68801.
<br />
<br />Grand Island
<br />(Cdy)
<br />
<br />TO SECURE to LENDER <a) the repaYment of the indebtedness evidenced by Borrower's note dated _
<br />....Dt!c~r 15~1?87 .'. '. (herein "Note"), in the ptincipal sum of " F'ifteen thousand three hundred
<br />'. seventy & ..24/100-- ($15, 37().24) .'. '. Dollars, with interest thereon, providing for monthly installments
<br />ofp!!nclPaJarid in"""" with the balance of the indebtedness, if not sooner paid. due and payable on '----,,--
<br />....' Dec:~rl5,1997 '.' ..'. . . . :thepaymentofallothersums,withinterestthereon,advanced
<br />in~c:ordanee herewith to protect the security of this Deed of Trust; and the per1ormanceof the covenants and
<br />agreementaof Borrowerhet'ein contained; and all renewals, extensions and modifications thereof; and (b) the
<br />. repayment of any future .wances, with interest in thereon, made to Borrower by Lender pursuant to paragraph 21
<br />hereof (herein "Future Advances"). ,
<br />BORROWER covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to
<br />grant and convey the property, that the Property Is unencumbered. and that Borrower will warrant and ijefend
<br />generally the title to the prope,ty agalnstali claims and demands, subject to any declarations, easements or
<br />restrictions Iisted!n a schedule ofexceptlons to coverage In any title insurance policy insuring Lender's interest
<br />In the Property.
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