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<br />88- 105895
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST is made this 27th day of October
<br />19..1H!.--. among the Trustor, Larry E. Rovle & Cecilia B.. Roval. husband and wife
<br />(herein "Borrower"), Flrsller Bank, National Association,
<br />Omaha, Nebraska,lhereln "Trustee"), and Benellclary, Flrsller Bank, National Association, Omaha, Nebraska, a
<br />corporation organized and existing under the laws 01 The United States of America, whose address Is 1700
<br />Farnam Stree~ Omaha, Nebraska, 68102-2183 (herein "Lender").
<br />
<br />BORROWER, In consideration ot the Indebtedness herein recited and the trust herein created, Irrevocably
<br />grants and conveys to Trustee,ln Irust, wllh power of sale, the following described property located In the Counly
<br />01 Hall , State of Nebraska:
<br />
<br />Lot Two (2), in Block One Hundred Thrity (130) in
<br />Koenig and Wiebe's Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />
<br />(Subject to Deed of Trust to Farmers State Bank
<br />and Trust Company of Superior, NE in the amount
<br />of $43,000.00 filed May 22, 1987 in Hall County,
<br />Nebraska.. )
<br />
<br />which has the address 01 809 West Koenig Grand Island,
<br />Nebraska 68801 {StrRIJ (Cl~l
<br />..........""~ (herein "Property Address");
<br />
<br />TOGETHER with all the Improvements now 9r hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents (subject however to the rights and authcrilies given herein to Lender to collect and apply
<br />such rents), royailles, minerai, 011 and gas rights and prolits. water, water rights, and water stock, and all lixtures
<br />now or hereafter attached to the property, all 01 which, Including replacements and additions thereto, shall be
<br />deemed to be and remain a part 01 the property covered by this Deed 01 Trus~ and all ot the loregoing, together
<br />with said property (or the leasehold estate II this Deed 01 Trust Is on a leashold) are herein relerred to as the
<br />"Property";
<br />
<br />TO SECURE to LENDER (a) the repayment of the indebtedness evidenced by Borrower's note dated -
<br />October 27.. 1988 (herein "Note"), in the principal sum of six thousand rind no/100-
<br />_____ (S6. 000.00) ---------- Dollars, with Interest thereon, providing for monthly Installments
<br />01 principal and interes~ with the balance 01 the indebtedness, il 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 securlly ot this Deed of Trus~ and the performance of the covenants and
<br />agreements 01 Borrower herein contained; and all renewals, extensions and modifications thereol; and (bl the
<br />repayment 01 any future advances, with interest in thereon, made to Borrower by Lender pursuant to paragraph 21
<br />hereof (herein "Future Advances").
<br />BORROWER covanants that Borrower Is lawfully seized 01 the estale hereby conveyed and has the right to
<br />gmnt and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend
<br />generally the title to the Property against all claims and demands, subJect to any dec!aration5, easements or
<br />restrictions listed In a schedule of exceptions to coverage in any title insurance polley Insuring Lender's Inlere51
<br />In 'he Property
<br />
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