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DEED OF TRUST <br />r 87_ 10117 <br />THIS DEED OF TRUST is made this 5th day of February <br />18 87 among the Trustor, Kirk W _ Rook r±r and PharlPna A Rnrikpr, hnchand anti -ire <br />(herein "Borrower'), FhrsHer Bank, National Association, <br />Onuft Nebraska, (herein "Trustee "), and Beneficiary; Fkffw Bank, Mona! Association, Omaha, Nebraska, a <br />corporation organized and existing under the laws of The United States of America, whose address is 1700 <br />Fatnam Sheet, Omaha, Nebraska. 68102 -2183 (herein "Lender" ) <br />BORROWER, in consideration of the indebtedness herein reci9ed and the trust herein created, irrevocably <br />grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County <br />Of Hall State of Nebraska: <br />Wi of Lot six (6) and W} of S23' of Lot 4, Block 21, in Scarff's Addition <br />to West Lawn, in the City of Grand Island, Hall County, Nebraska. <br />Subject to mortgage of Record to First National Bank & Trust, Lincoln, in the <br />amount of $13,800 filed in Book 136, Page 125, and assigned to Dollar Savings <br />Bank, recorded August 26, 1965, in Book 50, Page 391, Fall County, Nebraska. <br />which has the address of - 2424 W 16th Grand Tsl nnri <br />NE 68801 "Address"), gy""` <br />rl Z Z coda (herein Property <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurternances, rents (subject however to the rights and authorities given herein to Lender to collect and apply <br />such rents), royalties, mineral, oil and gas rights and profits, water, wad rights, and water stock, and all fixtures <br />now or hereafter attached to the property, all of which. including replacements and additions thereto, shall be <br />deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together <br />with said property (or the leasehold estate if this Deed of Trust is on a leashold) are herein referred to as the <br />TO SECURE to LENDER (a) the repayment of the indebtedness evidenced by Borrowers note dated <br />February 5,` 1987 (herein "Note" ), in the principal Sum of Tr n t'.hn11can,1 anti nn/ inn <br />- with interet thereon, providing for monthly instaftments <br />of principal and interest, with the balance of the indebtedness, it not sooner paid, due and payable on <br />February 5 194 : the payment of all other suirm, with interest thereon, advanced <br />in accordance herewith to protect the security of this Deed of Trust and the performance of the covenants and <br />agreements of Borrower herein dined; and ah renewals, extensions and modifications thereof; and (b) the <br />repayment of any future advances, with interest in thereon, made to Borrower by Lender pursuant to paragraph 21 - <br />thereof (heroin "Future Advances—). <br />BORROWER covenants that Borrower is lawfully seized of the estate hereby conveyed and hall the right to �- <br />grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend <br />peneratly the Ute to the Property against all claims and demands. subject to any declarations, easements or <br />restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest <br />in the Property j <br />