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0000218 -9 1 DEED OF 87-109797 'rumor .i =;W IM WMCZt on behalf of itself and all othar parties hlzeto hereby+ requests a copy of any notice of default and that any notice of sale hececmder be mailed to it at the address sat forth in the first caragraph of this :)red of 'rust THIS DEED OF TRUST is made this ........1.1 ........ _ ........ dar of Fehi uary ' . 14. 87 theTrustor.... Randall L. Throap and Nan!: .I. _ ..... . s .... husband and wife thattn " Borrower') .... ... ................. .. ....... ... . : . . . Custer Federal avin$s and Loatt 4ssnciation the rein- Trust�.3. andthe$ert�eiair Y. the Nebraska Lwwtment Finance Authority, Lin ln. Diebraske, a body politic and ao[porate_: . .......... organized and emmng made: the laws of ..thn .State. taf . Nebraska .......... . ... .. . whose address is. _.Gold % .Gal leria....Suite . #30.4.. - .. ........ .... 1033.:0 ".Stsaet..LiucoIA, NE..6$50$._. (herein "Lmadez'). BORROWER, in consWerarm of the indebtedness herein recited and the ttmcc herein created irrevocably gzassa and conveys to Trustee. in trrnt. with power of sale. the following described property lorand in tine Goomy of _Halt ..................... State of Nebraslta Lot. Five (5), Colonial Estates 3rd Sutidivision to the City of Grand ',,land, !tall County, Nebraska. PLZ which has the address of .... ..3Q.r.Prij23ns .fir...... Grand Island 3 - last _ .... . ...... "' Nebraska ......... 1 ............. !herein •. Address- 1; ;. lLvrirtf TOGETM with all the improvements now or bereaftw erected on the propert_. and all easepea[s_ fighm Appurtenances and ernes (subject ho ever to the rights and authorities Siren herein W I,ender to collect and apply stick renal. all of which shall be deemed to be and remain a part of the property coved br this Deed of Tram- and an of The 4ang• t� with said proper,.- (or the leasehold estate if this Deed at Trust is on a leasehoid3 art herein tier referred to as the ..Plopetty'.: To SECURE to Leader the esFavtmetc of the imdebadmeta evidenced by Borrower's .; nv,e dated:.......... . ebCtt� -y. ... and eatem>rioas and renewals thereof therein `"Nate ), in the principal Sum of U.S. S i')ty . ...: , t ........ • .......... with tlitl Mat thawn. providing for montltiv ionalimenK of principal and menu. with the balance of the indebtedness. if not sooner paid. due and payable on Maier 1, 1991 . the payment of all other sums. with interest tbesta._ advanced in accordance herewith to protect ttu seevtity of this Deed of Trust; and the performance of thq covenants and agreements of Borrower herein contained. Borrower covenants that Borrower is_tawffly seised of the estate hereby -and has conveyed- the right to grant and :convey the Proper:. and that the Property is unencarnbered. except for encumbrances of record Borrower covenants that Borto.er watrann and will defe,id jeaerally the tide as the Property against all clairms and demands. subject to encumbrances of. L:!tlMRtM COVENAIM. Borrow: and Lander covenant and agree as follows: - - -.. 1. Pay of Principal and fmsueaL Borrower shall protmptly pay when due the indebtedness evidenced bit the !Yore and late charges pT'T P� a� interest ergo,, provided the Note L Fads for Taco and Ia er"011. Sub w Jett to applicable law or a written waiver by Lander. BorrOVVe; shall pas to Lender on the day monthly payments of to principal and interest are parable under tits Note. until the `tore is in full. a sum therein "Funds-) equal to one - twelfth of the Yeariv ram and assessments tinciuding condomi ium and planned omit development assessments. if any' which mar anion pnonty Over this Deed of Trent. and ground rents on the Prttperry- if any. plus one - twelfth of vearir premium installments for hazard insurance. plus one- twelfth of tear!: Premium installments for mortgage insurance. 4' anv, ail as remnabiv estimated ininally and from time to time by Lender on the basis of assessments and bills and reasonable ~ estimates tnrreot. 8arm>Aer vhali not be �biiyated to matte such pa?mentx at Funds the event that Ht7trc3aer makes siren l avmenrs to the'soider iii a tutor mort¢agenr "-der is an ;n tt .teed aY truxt at such h� +der cx an ,nxxituririn:tk lender . !?rime+ �Imrst'tty+ =*.twirl} �