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<br />r <br /> <br /> <br />L <br /> <br />88- 100572 <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is made this 22nd _ day of December <br />19 87 ,among the Trustor, Bvrd C. Gat'rison and Virginia Garrison I hli<:h"'Ylq <br />and wife (herein "Borrower"), Firslier Bank, National Association, <br />Omaha, Nebraska, (herein "Trustee"), and Beneficiary, Firsliei Bank, National Association, Omaha, Nebraska, a <br />corporation organized and, existing under the laws of The United States of America, whose address is 1700 <br />Farnam Street, Omaha, Nebraska, 68102.2183 (herein "lender"). <br /> <br />BORROWER, in consideration of the indebtedness herein recited and the trust herein ~reated, 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 />SEE EXHIBIT "A" ATTACHED <br /> <br />which has the address of Vacant Lot Grand Island <br />(Slreel) (City) <br />Nebraska 68801 (herein "Property Address"); <br />(Slat. end Zip COde) <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances, rents (subject however to the rights and authorities given herein to lender to collect and apply <br />such rents), royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures <br />now or hereafter attached to 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 />with said property (or the leasehold estate if this Deed of Trust is on a leash old) are herein referred to as the <br />"Property"; <br />Gary & Billie Jean Berta <br />TO SEGUREto lENDER (a) the repayment of the indebtedness evidenced by~~note dated _ <br />December 22. 1987 (herein "Note"),ln the principal sum of Twentv Five Thousand all.d <br />no/1M - - -. -- -- - - - - - Dollars, with interest thereon, providing for monthly installments <br />of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on _ <br />demand ; the payment of all other sums, with interest thereon, advanced <br />.In accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and <br />agreements of Borrower herein contained; and all renewals, extensions and modifications thereof; and (b) the <br />repayment of any future advances, with Interest in thereon, made to Borrower by Lender pursuantto 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 defend <br />ganerally the title to the Property against all claims and demands, subject to any declarations, e~s.ern~Pls. or ,.... <br />restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Len~r(5 int~I', <br />in the Property, <br /> <br />r-- <br />i <br />i <br /> <br />, I <br />.~ <br />,/J! <br />~. <br />