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<br />88-106743
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST is made this 9th dey 01 December
<br />1,?B8~oJ.nc co!Rma!I,ll ~!'tT,ru2~Jh L. Te~ ~~~~nkru ~~ & Rut~, M. Steinkru er Hueband & \'life,
<br />Bnd ngli as t:.BRllIIta in .._gn eln Borrower), Flrsllsr Bank, National Association,
<br />Omeha, Nebraska, (herein "Trustee"), and Bensficlary, Flrsller Benk, National Asaoclatlon, Omahs, Nebraaka, a
<br />corporation organized and'exlsting under the lawa 01 The United States 01 America, whcse eddress Is 1700
<br />Farnam Slrest, Omaha, Nebraska, 68102-2183 (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 olssle, the lollowlng described property located In the County
<br />of Hall , State 01 Nsbraska:
<br />
<br />Lot Three (3) I Block One (1), in Southern Acres Addition to
<br />the City of Grand Island, Hall County, Nebraska.
<br />
<br />which has the addrsss 01 2419 Riverside Drive Grand Island
<br />...... -
<br />Neb~~lip.,,:~801 (herein "Property Address");
<br />
<br />TOGETHER with all the Improvements now or hereefter erected on the property, and sll easements, rights,
<br />appurtenances, rents (subject however to the rights and suthorlties given herein to Lender to collect and apply
<br />such rents), royaftles.mineral, oil and gas rights and profits, water, water rights, and wstsr stock, snd all fixtures
<br />now or hsrealter attached to the property, all 01 which, Including replacements and additions thereto, shall be
<br />deemed to be and remain a pert 01 the property covered by this Deed olTrus~ and all oltheloregolng, together
<br />with Ba.id property (or the leasehold estate If this Deed 01 Trust Is on a leashold) are herein referred to ss the
<br />"Property";
<br />
<br />TO SECURE to LENDER (a) the repeyment 01 the indebtednsss evidenced by Borrower's note daled _
<br />DeC8Dber 9, 1988 (herein "Note"), In the prinCipal Bum 01 Twentv five thousand and no/l00-
<br />. ----($25 ,000. 00) ----------- Dollars, with interest thereon, provldin!l'or monthly installments
<br />of principal and in~ with the balance of the Indebtednsss, If not sooner peld, due snd peyable on _
<br />upon cancellation : the paymsnt 01 all othsr .ums, wllh Interest thsreon, advanced
<br />.In accordance h.rewlth to protect the security 01 this Deed 01 Trus~ and the performance 01 the covenents.and
<br />au_n.. 01 Borrower herein contalnlld; and all renew.I., extensions and modifications thereof. and (b) the
<br />repaymentofanylutureadvances, with Intera.Un thereon, made to Borrower by Lenderpursuanlto paragraph 21
<br />hereof (herein "Future Advances").
<br />BORROWER cov.nants Ih.t Borrower is lawlully seized of the estate hereby conveyed and has the right to
<br />\lrant .nd conylly the Property, th.lthe Property Is unencumbered, and that Bollower-.wJll wll(rll~\ ,nd delend
<br />uenllf1llly the tlU. to the Property against ell cl.lms and demand., subjecllo any decfaretiorl.: easements or
<br />restriction, lilted in a schedule Or exceptions 10 coverage in Bny tide Insurance polley insunng Lender's mterest
<br />In the Properly.
<br />
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