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<br />DEEDOFTRM 87- 100576
<br />DSHDOF TIRW is
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<br />BORROWIMincooddwathootdwhW*ooftmbwde -' anditetolww HAL ��+ �mideww asiT one,
<br />in trust, mitt power of mK tie h ill, l tg dwerbed ps ""Vowed M ftCoM of
<br />StaeofNetbra W
<br />LOT ONE HUNDRED EIGHTEEN (118) IN BUENAVISTA SUBDIVISION, HALL COUNTY, NEBRASKA
<br />which has the address of 1116 South Vine Grand Island,
<br />(STREET) (CITY)
<br />Nebraska 66801 (henln "Property Address ");
<br />(STATE & ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents
<br />(subject however to the rights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil and get rights and
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, iedtading replaaatasts and
<br />additions thereto, shall be deemed to be and remain a pan of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to u the "Property ";
<br />TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated January 2B. 1987
<br />(herein "Note"). in the principal sum of TWENTY THOUSAND TWO HUNDRED TWENTY FIVE AND Nn/inn-- ---- -- Dollars,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedneas, if not sooner paid, dux
<br />and payable on February 1 . 1992 ; the payment of all other sums,
<br />with interest thereon, advanced in accordant herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agreements of Borrower heretic contained; and (b) the repayment of any future advances, with interest thereon, trade to Borrower by Lender
<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 against all claims and
<br />demands, subject to any declarations, easements or restrictions listed in a schedule of exception to coverage in any title insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows;
<br />1. Psymeatt of Pdadpl and how. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. Feuds for Tom seed Iswnuice. Subject to applicable law or to a written waiver by Lender, Borrower shelf pay to Laedn on the day
<br />monthly irolallmeob of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Fends ") equal to one -
<br />twelfth of the yearly taxes anal assessments which may attain priority over this Deed of Trust, and ground rents on the
<br />Property, if say, plus one-
<br />twelfth of yearly premium iasWlments fa hazard insurance. plats one- twelfth of yearly premiaon installeerats for mortgage insurance, if any, all
<br />as reasonably estimated initially and from time to time by Lender on the basis of amessmens tend bills and rasonableestiniates thereof.
<br />The Funds shall be held in an institution the deposits cf accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender if Leader is such an institution). Lender shag apply the Funds to pay said taxes, assessments, insurance peeuitnws and ground rents.
<br />lender may not charge for so holding and applying the Funds, analyzing said account or verifying and
<br />compiling said astessaxnts and bills,
<br />unless Lender pays Borrower interest on the Funds and applicable taw permits Lender to make such a charge. Borrower and Leader may agree in
<br />writing at the time of execution of this Deed of Trust that interest on the Funds &bull be paid to Borrower, and wain stack agresueM is made or
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