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81- 101003
<br />DEED OF TRUST
<br />16th February
<br />THIS DEED OF TRUST is made this of
<br />If A7 ,miotg the TnWftr, Gary R. White and Dixie L. Wbi_te_
<br />WE
<br />( hereis "Truataettt, and the Raeefldary. OF MCM IIE
<br />a+or�nratiat nxraaieed and adtdet tttader the hnr� of NMIIArIIA «kprnaYiwrr fM lOINM L00YlL Pi 01 ow NM,
<br />-quo IN.iwa nt (wre iha<•� �La•dar'h.
<br />190RROWER, in cwdwdwu*n otthe ieNht.Oaafe Yeti teaMed attd 1ha saran hrob aTetalei, Yrr.alWf dfaats nd tlaatteYa a TTtaetee,
<br />in- rtgt, with pohrer of saki the foi eft deserbW Papal WOW iN the C WAKY of Hall.
<br />5tue'bf Nebraatta:
<br />LOT SIXTEEN (16), BLOCK ONE (1), IN SOsTHEP,N ACRES ADDITION TO THE CITY OF GRAND
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<br />ISLAND, HALL COUNTY, NEBRASKA
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<br />a-
<br />i'
<br />' y
<br />which has the address of G1` Locnln Grand island
<br />(STREET) (Crm
<br />Nebraska 6680' _(herein "Property Address ");��
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<br />(STATE & ZIP CODE)
<br />3
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all sums, rk0u. aPPwtm4scm rents
<br />(subject however to the rights and authorities given herein to tender to collect and apply such rents), royaltie, nhiaeral, oil and gas rights and
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which. ieduding replaoemeeta and
<br />additions thereto, shalt be deemed to be and remain a part of the property covered by this Deed of Thant; and all of the foregoing, together with
<br />opy ";
<br />said property (or the leasehold estate if this Dad of Trust is on a leasehold) are herein referred to as the "Prert
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated February 16, 1987
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<br />(herein "Note "),in the principal sum of Seven Thousand Five Hund*ed TLve!2,t,y x an❑ OC1 %1(?n - - - - - - - - Dollars.
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the irdebtedw, if not sooner Paid. due
<br />and payable on Autust Zl , 1 G f?? : the paymeat of all other sums, -
<br />with interest thereon, advanced in accordance herewith to protect the security of this Teed of Trust; and the perfornuthce of the co is and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by i ender
<br />pursuant to paragraph 21 hereof (herein "Future Advances ").
<br />- Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed Mad has the right to grant and coavay the Property.
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<br />ran all claims and
<br />erally the k to the Property atainu
<br />that the Property is unencumbered, and that Borrower will wart and defend gen tic
<br />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuting Lender'sinterestin the Property.
<br />UNIFORM COVENANTS. Borrower and Leader covenant and agree as follows:
<br />1, pyesaM of Ptiaelpal sad Jai~. Borrower shall promptly Pay when due the principal of and interest on the indebudaw evidenced
<br />by the Note, prepayment and late charges u provided in the Note, and the principal of and interest on =nY Future Advances secured by thus Dew
<br />Of Trust,
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<br />Z. fnada W Taw W IWArsae. Subject to APPhWbie law or to a written waiver by Louder, BOrtnwQ shall Pay to hAdar ON the day
<br />rMnthiy iihstaUnsarts of principal and interest am payable under the Note, until the Note is paid in full, a sun (herein 'tMltads ") gtMl to one -
<br />twWth of the Yearly taxq and 4ssesa0emes which may attain priority over this Dead of Trust, and ground reaua at the Property, if MY, Plus one -
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<br />[*oath of yearly pretniWn inatalimentfs for is rard insurance, plus one - twelfth of yearly premium installments for thratgat;c inaurunce, if any, all
<br />w seasonably estimated initially and 1,0131 time to time by Lender an the basis of um uments and bills and reasonable estimates thereof.
<br />the Funds shalt he field in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state Ass ncy (including
<br />- I.hhtfet if t to del is stnch an tristitation). Irendan shall apply the Funds tar y said taxes, aueaentents; iMUrance pterniums and ground M010- -
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<br />I -OAAW may nit cha�t"at till ,o holding and applying The Fund., analyuna said account or vert Ina and compiling said amniments and bills,
<br />hdrt pay4 irtttw" tittetitsl trio thr t -unds Arran attpll:.#;tile law permit* 1,elt4en tai Itlaae swh a chMngt. "rowel and Lendet may sun in
<br />ttnlcst t R .st
<br />4t!YitGtte at th r ktlnt M f1#4.01mtt ,f anti% D"it .4 to oo thaai ittlrie,%, tin the 1,itntli slhaii t7r paid to Wwtttwitt, and unkmo such agreMnalnt 09 made tit
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