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<br />88---
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<br />100782
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<br />DEED OF TRUST
<br />
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<br />THIS DEED OF TRUST is made this 12th day of February
<br />19 88 amonathelru.stor,.Donald C. Miller & Peqqv J. Miller. Husband & Wife. as Joint
<br />Tenants w~tn Ri<1nt 0 surv~vors~p and (herein "Borrower"), FirsTler Bank, National Association,
<br />NuL d.~ 1't::ua.llL~ .1.11 CObuuuu
<br />Omaha. Nebraska, (herein "Trustee"), and Beneficiary, FirsTler 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, 66102-2183 (herein "Lender"),
<br />
<br />BORROWER, in consideration 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 />Lot Eleven (11), Block Two (2), Irr~erial Village Subdivision, City
<br />of Grand Island, Hall County, Nebraska.
<br />
<br />(Subject to Mortgage of Record to The Equitable Building and Loan
<br />Association of Grand Island in the amount of $16,000.00, filed
<br />in Book 164, Page 539, Hall County, Nebraska.)
<br />
<br />
<br />
<br />1432 Howard Place
<br />
<br />Grand Island
<br />(City)
<br />
<br />which has the address of
<br />Nebraska 68803
<br />
<br />(Stroo4l
<br />(herein "Property Address");
<br />(Sla," and z,p 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 leashold) are herein referred to as the
<br />"Property";
<br />
<br />TO SECURE to LENDER (a) the repayment of the indebtedness evidenced by Borrower's note dated _
<br />February 12, 1988 (herein "Note"), in the principal sum of F~fteen thousand and no/100--
<br />--------- ($15,000.00) ----------- 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 />upOn. cancellation ; the payment of all other sums, with interest thereon, advanced
<br />in accordance herewith to protect the BeCurity 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 Intarestln 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 warra'1t'~'1d ~~...
<br />generally the title to the Property against all claims and demands, subject to any declarations, eAsd,{,e1ll8' oi
<br />restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest
<br />in the Property.
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