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L <br />e :i )1 ) t <br />MMI)EEDOFTRUSTismadedess <br />-�� Harold <br />soRROVAB ,;e coaddwad of dwhkd Waa.oa r a. rmkW and tM mw bKdo amood. '--ot onb r ar..I marl eo.-ey m'> t+wa. <br />in tray, witis power of sele. the following 1 pop hey immod is dm Cody of Hall <br />StaleofNebraara: <br />The Westerly One Half (11-112) of Lots One (1) and Three (3), <br />in block Twelve (12), College Addition. to West Lawn, <br />City of Grand Island, Hall County, Nebraska. <br />which has the address of 2013 West Cottage Grand Island <br />(STREET) (Crm <br />Nebraska 68803 <br />therein "Property Accrues "); <br />(STATE & ZIP CODE) <br />TOGETHER with all the improvements now or hereafter erected on the property. and all mss, rights. appursesmaces, —is <br />(subject however to the rights and authorities given herein to Lender to collect and apply such rents), royalties, mioaai, oil and sas rights and <br />profits, water, water rights, and water stock, and all Fixtures now or hereafter attached to the property, all of which, including replacements and <br />additions thereto, shall be deemed to be and remain a part of the property covered by this Deed of 'Bust; and all of the foregoing, together with <br />said property (or the leasehold estate if this Dad of Trust is on a kasebold) are herein referred to as the "Property"; <br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrgwer's rote dated Ja nu r y 21, 1987 <br />„ Fi- *teen Tnousand and no /100- ---------- - - - - -- <br />(herein "Note"), is the principal sum of - -"-" Dallas, <br />with interest thereon, for monthly installments of principal and interest, with the balance of the indebtednes, if not sooner pad, due <br />and payable on ebruary 1, 2002 . the payment of all other sums, <br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and <br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to ®oaowes by Leader <br />pursuant to paragraph 21 hereof (herein "Future Advances "). <br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property, <br />that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property as imt all claims and <br />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any tick insurance policy <br />insuring Lender's interest in the Property. <br />UNIFORM COVENANTS. Borrower and Leda covenant and agree as follows: <br />1. Paymew of Fdodpal mM hourse . Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced <br />by the Note, prepayment and late chin as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed <br />Of Trust. <br />2. Falls f r Tnnm and lasursam Subject to applicable law or to a written waiver by L ender, Borrower shall pay to Leader on the day <br />monthly installments of principal and interest are payable under the Note, until the Note is paid in full. a sum (herein "Funds ") equal to one- <br />twelfth of the yearly tables and assewunents which may attain priority over this Deed of Trust, and ground rents an the Property, if any, plus ono- <br />twelfth of yearly premium installments for h--rd insurance, plus one- twelfth of yearly premium im allmeats for mortgage insurance. if any, all <br />as remonaW estimated initially and from time to tip by Lender on the basis of auks sad bilk and reasonable animates thereof. <br />The Pan& shall be bald in an institution the deposits or accounts of which are insured or gmaueed by a Federal or state agency (including <br />Lender if Leader is such an institution). Lender shall apply the Funds to pay said taxes, mats, insurance premiums and ground reins. <br />Leader may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said auausents and bills. <br />unless Lender pays Borrower interest on the Funds and applicable law permits Lender to matte such a charge. Borrower sad Lender may agree in <br />writing at the bate of execution of this Eked of Trust that interest on the Funds shall be paid to Borrower, and uaaa such agreement it mate or <br />