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<br />88- 106359
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST is mada Ihis 28th day 01 November
<br />19 88 'am?nl\,T!'hT~flor John J. .pohlmaier & Elizabeth POhlmeier, husband &. wife as
<br />~;r'~B~e~:"j;:niHIts i..q~;.;;..survJ.vorsnimreln "Borrower"), Firsller Bank, National Association,
<br />Omaha, Nebraska, (herein "Truslee"), and Baneficlary,FlrsllerBank, National Association, Omaha, Nebraska, a
<br />corporallon'organlzed end existing under the laws'of The United Stales of America, whose address Is 1700
<br />Farnam' Street, Omaha, Nebraska, 68102-2183 (herein "lender'1.
<br />
<br />BORROWER, In consideration of the Indebledness herein recited and the trust herein created, Irrevocably
<br />grants and conveys to Trustee, In trust, with power of sale, Ihe following described property located In the County
<br />01 Hall , State of Nebraska:
<br />
<br />The North Thirty-Four (34) Feet of Lot Five (5), and the
<br />South Twenty-Four (24) Feet of Lot Three (3), Block
<br />Twenty (20), Scarff's Addition to West Lawn in the City
<br />of Grand Island, Hall County, Nebraska.
<br />
<br />which has the address 01
<br />IS_
<br />Nebr;:<:'Zip~)03 (herein "Property Address");
<br />
<br />TOGETHER \\lith all the Improvements now or hereaftar erected on the property, and all easements, rights,
<br />eppurtenances. rentS (subject however 10 the rights and authorities given herein to lender to collect and apply
<br />such renta). royalties, mineral, oil and gas rights and profits, waler. water rights, and watar slock, and all lixturas
<br />now Or hereafter attached 10 the property, all of which, including replacements and additions therelo, shall be
<br />deemed to be and remain a pari of the property covered by this Deed 01 Trust; end ell of the foregoing, together
<br />with saidjlroperty (or the leasehold estate II this Deed 01 Trust is on a leeshold) are herein referred to as the
<br />"propitrty";
<br />
<br />1726 Taylor Avenue
<br />
<br />Grand Island
<br />(Cllyl
<br />
<br />TO SECURE toLENDEiR(a) the repayment of the Indebtadness evidenced by Borrower's note dated _
<br />.November 28,1988 (herein "Nole"), In the princlpelsum of Fifteen Thousand and
<br />no/100": ($15,000.00) ********* Dollars; with Interest thereon, providing for monthly Installments
<br />01 principal and interest, with the balance 01 the Indebtedness. if not sooner paid, due and peyable on _
<br />Upon cancellation ; the. Payment 01 all olher sums, with interest thereon, advanced
<br />in aQC9fdance herewith to protactthe security 01 Ihls Deed 01 Truat and the performance 01 the covanants and
<br />. agreements 01 Borrower herein conwlnecl; and all renawals, elltenalons and modifications thereOf; and (b) the
<br />rapaymenl 01 any future advances. with inwrestln thereon, msde to BorrOwer by Lender pursuant to paragraph 21
<br />haraoI (heraln "Fulure Advances").
<br />BORROWER covenants that Borrower Is lawlullY seized of Ihe estsle hereby conveyed and has the right to
<br />grant and convey the Property, that the Property Is unencumbered. and that Borrower will warranl and dafend
<br />generally the title 10 the Property agelnst all claims and demands, subject 10 any declarations, "a~~e\1ts, or
<br />restriction. listed In a schedule of excapllons to coverege in any Iitie Insurance policy Insuring Lender.. inlere"
<br />in ",. P~rtr.
<br />
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