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188-- 1024.25 t.. DEED OF TRUST THIS DEED OF TRUST is made this 19 88 ' " among the Truator. Martin A, 9 th day of May Hoch and Judv Ann Hoch, hllsbrmn "'TIn wi f'p (herein "Borrower"). FirsTler Bank. National Association. Omaha, Nebraska, (herein "Trustee"), and Beneficiary, FirsTler Bank, National Association, Omaha. Nebraska, a corporation organized and existing under the laws ot The United States ot America. whose address is 1700 Farnam Street. Omaha. Nebraska, 68102-2183 (herein "Lender"), BORROWER. in consideration of the indebtedness herein recited and the trust herein created. irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County ot Hall , State of Nebraska: Lot Ten (10), Block One (1), Brentwood Second Subdivision to the City of Grand Island, Hall County, Nebraska Subject to Mortgage of Record to First Federal Savings & Loan in the amount of $78,500.00, filed as Document #86-103941, Hall COunty, Nebraska which has the address of ''11 nc; R.-pnt-wood Dr Grand Island (SItMl) CCIt\1 Nebraska 68801 (herein "Property Address"); I_.nd"p~t TOGETHER with all the improvements now or hereafter erected on the property, and all easements. rights, appurtenances, rents (subject however to the rights and authorities given herein to Lender to collect and apply such rents), royalties, minerai. oil and ga8 rights and profits, water. water rights, and water stock. and all fildures now or hereafter attached to the property. all ot whieh. including replacements and additions thereto. shall be deemed to be and remain a part ot the property covered by this Deed ot Trust; and all of the foregoing. together with said property (or the leasehold estate if this Deed of Trust is on a leashold) are herein referred to 8S the "Property"; L TO SECURE to LENDER (a) the repayment of the Indebtedness evidenced by Borrower's note dated - Mav 9, 1988 (herein "Note"), in the principal sum of Thirty Five Them'ann and 00/100 - -, $35,000,00) - - - - - -{)allars, with Intb-lest thereon. providing for monthly Installments of prlnclpalllnd interest. with the balance of the indebtedness. If not sooner paid. due and payable on - August a, 198& ; the payment at all other sums, with interest thereon, ad\f8nced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreementa of Borrower herein contained: and all renewals, extensions and modifications thereof; and (b) the repayment of any futur.advances, with Interest In thereon, made to Borrower by Lender pursuanllo paragraph 21 hereof (herein "Future Advances"), BORROWER covenants Ihat Borrower Is lawfully seized of the estale hereby conveyed and has Ihe righllo grant and convey the Property. that the Property Is unencumbered, and that Borrower will warrant and dofend genorally tho till!! to the Property 11galnst all claims and demands, sl;l)jecllo any declaradotws,s8semehls or restricllonsllsted In a l!Ichedule of Olcceplions 10 coverage In any tille Insurance pollcy Insuring Lendor's interest In the Property