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<br />I, _ <br /> <br />88_104894 <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is made this 1st day of ~"I?",.mh,.~ <br />19~.8inOngtheTrus'or. Norman D. Nott and Janet K. Not:t:. hm;h~nA ;:Inn ..,i<f'A <br />(herein "Borrower"), Flrsller Bank, Nationel Association, <br />Omaha, Nebraska. (hareln "Trustee"), and Beneficlery, Flrsller Bank, National Association, Omaha, Nebraska, a <br />corporation organized and existing undar the lawa of The United StatGS of Amerlce, whose address is 1700 <br />Farnem Street Omaha, Nebraska, 68102-2183 (herein "Lender"). <br /> <br />BORROWER, In consideration ot the Indabtedness 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 Ha11 , State of Nebraska: <br /> <br />Lot Six (6), in Buck Subdivision, in the City of Grand Island, <br />Ball County, Nebraska <br /> <br />Subject to Mortgage of Record to Mortgage Plus Incorporated in the <br />atrIlunt of $33,000.00 filed as Document #79-005880 , Hall County_ Nebraska <br /> <br />which has the addrns of 4320 West caoita] Ave <br />....., <br />IIlebras:,,~:,o~ (herein "Property Address"); <br /> <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 euthorities given herein to Lender to collect and apply <br />IIUch rents), royaltles. mineraI, 011 and gas rights and profitS, waterrwater rights, and water stock, and allllxtures <br />now or hereall8r attached to the property, all of which, Including replacements end additions therelo, shall be <br />deen1ed 10 be and remain a part 01 the property covered by this Deed of Trust; and all of the foregoing, together <br />with said property (or the leasehold estate II this Deed ot Trust Is on a leashold) are herein referred to as the <br />"Property"; <br /> <br />Grand Island <br />''''''' <br /> <br />TO SECURE 10 LENDER (a) the repaymenl of the Indebtedneaa evidenced by Borrower's nole dated - <br />september 1, 1988 (herllin "Note"), In the princlpalaum 01 Ten Thousand and no/100 - <br />- - - - - - - - - - - - - - - - - Dollars. with Interest thereon, providing tor monthly Inslallments <br />01 princlpal and interest. with the balance 01 the Indebtedness. It not sooner paid, due end payable on - <br />upon cancellation ; the payment 01 all oIher auma, with Interes' thereon, edvanced <br />in KCOrdance her_1th 10 protect the security 01 thla Deed of Trus~ end the performance of the covenents and <br />~ of Borrower llerllin conlalned; and ell renewala, extensions and modifications theraot, end (b) the <br />~oIanyfuture eclYances. wllh In_tlnthllfBOn. mllde 10 Borrower by Lender pursuant to paragraph 21 <br />hereoI (hInln "Future Advanc....., <br />BORAOWER covenanll thel Borrower Is lawlully seized of the ..lale hereby conveyed and h8S the '11111' to <br />IIranl and convey the Property. thet tha Property Is unencumbered. and that Borrower will warranl and dllfend <br />generally thrt btle 10 the Property 8l1lin.1 III Claim. and damand.. sub/ael to any declarallons, easemenls or <br />restriction. lilted in _ achedule of e:xce;rtlonl to coverage In any tlUe Insurance policy Insunno Lender'~ mlerest <br />.n the P,opet1y <br />