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DEED OF TRUE' 87-101222
<br />27th February
<br />DEED OF TRUST is darof
<br />IF ugene core Tong an ^trlstrong, us an an i e - - - --
<br />14 a�� � Try,
<br />(herein "Borower"), AMM R, DRAM ATTOMUY AT LAW
<br />therein -mustee-% and the Renentimy, "OW FEDWAL SN M W a LOAM ANBOMTM OF MM ALMA ME
<br />a corporation ogpniud and a under the htwa of NSA w—md&> im M MM LOOM, F. Q MOIL "ML
<br />OAANO MAM0. ME 0000(1 iidddn "Lamb ').
<br />BORROW M4 in maddaaeioa of the indebnthtt n herd recited mad the nw herder assaft"'Gow""'s -S avid em eyes to 7letom
<br />is truest, arith power of >aie. the foBowigg dmetibd pnopaty located in the t:ot.ajr d
<br />9tm of Nebraska:
<br />Lot Seventeen (17) in Eagle Lake Estates Subdivision, Hall County, Nebraska
<br />which has the address of_ ='305 Quail Lane, ranC _slar:c,
<br />(STREET) (CrTy)
<br />Nebraska 58801 thew"Prop" A „l.
<br />(STATE & ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property. and all oaxsesn, rights, apper,enaaces. rents
<br />(subject however to the rights and authorities given herein to Leader to call= and apply such react}, royalties, mustsaL oil and gas rq*m and
<br />profits, water, water rights, and water stock. and all futures now or hereafter attached to the property. ad of which, ieclding repi— and
<br />additions thereto, scull be deemed to be and twin a part of the property covered by this Deed of Tran; and all of the F' 8, with
<br />s dd property (or the leasehold estate if this Deed of Trent is on a iearehoid) art be= referred to as the "Psopm ty";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by s note dated F ph rr _ , 7 - ' gR7
<br />(herein a },in he# tm{alstrtHgf Thirteen Thousand anc n- ' C'-0-- ------------------ -- - - --- DOOM
<br />with interest thereonkprovtdutg for monEW °amlltnents of p indpal and [merest, with the balance of the indebudaess, if not serener paid, due
<br />and payable on ebruary 20, %92 . the paym otofaQoalmsaan,
<br />with interest that ton, advanced in accordance herewith to protect the security of this Deed of Trust and the performaaz of the covatamas and
<br />agreements of Borrower herein contained; and (b) the rgoayment of any future advances, with interest thereon, made to Borrows by I ®cis
<br />pursuant to paragraph 21 hereof (herein "Future Advaeca ").
<br />Bomwu 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, subs to any declarations, amememts or restrictions listed in a schedule of exceptions to coverage in any title insurance 17&v
<br />iostuing Leader's interest in the Property.
<br />. - - LIMPORM COVENANTS_ Borrower and Lender covenant and agree as follows:
<br />I. Pnym W of Priadpai ad interest. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Now, prepayment and late charges as provided is the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />1. Fads for Texas ad Immermem Subject to applicable law or to a wratca waiver by Leader, Borrower shag pap to Lender on the day
<br />aoothly tustallments of principal and lot~ are payable under the Note, until the Nos is paid in full, a scan (herein "Finds ,) equal to one -
<br />twelfth of the pearly taxer and sa emments which may attain priority over this Deed of Trust, and ground. on the Property. if any. Phu —
<br />twdith of vastly prendum installnmts for hazard insurance, phis one - twelfth of yearly ptetaim ioatellmeats for ma qPW inuurance, if any, all
<br />- s = "»w� JF- -.d==:taxi
<br />m ttffaaraoly ei®1RW iawatty a:an riUm ®C W ®C OJ uiRwf w iu ud� i,a � .n. ..o. �.. - t
<br />The Purls drag be held in an institation the deposits or accounts of which are unused of guarmosed by a Federal or mate agency (mchisiiag
<br />Lander if Leader is mcb an in utedon). Leads shall apply the Funds to pay said tam. assessments. mmuranoa prank m and ground seen.
<br />Leader may suit clssrge fm so holding tend applying the Furls, analyzing said account or verifying and coutpiking rid a sses ments and bilks.
<br />.miens Lender pays Borrower interet on the Funds anti applicable haw permits Lender to malca such a charge. borrower cad LmAsr no tam in
<br />writing at the tine of executton of this Deed of Trust that interest on the Funds shall he paid to Borrower, and torus such aarwmmt is made or
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