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L <br />DEED OF TRUST 87--1 02304 <br />THIS DBBD OF TRUST is made this 20TH <br />19_R7 ,�g the Trustor, Y T RR A day of APRIL <br />Y HU AN AND WIFE <br />(haaia "T " >, sad AREMD R. BAACK ATTORNEY AT LAW <br />a cOMOra�a orgttpimd and • MOAAE �� riN� N LOAN A OMATdOM OP GRAND 14LANf7 NE <br />01MNrD BLAND NE N 0 under the laws of NE_�RA�� –whose address is Z21 <br />( .Lam,) :OUTH LOCUST P O DOW lam <br />BORROWHR, in consideration of the indebtedness herein recited and the trust herein created, irrevocabl <br />m rte. " Power of sale, the following described property located in the County of HALL y Banta and Conveys to Trustee, <br />State of Nebraska: <br />LOT TWO (2) IN BLOCK FIVE (5) IN ASHTON PLACE, AN ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />which has the address <br />NEBRASKA 68803 , .—, <br />(STATE& ZiP CODE) (herein "Property Address "); <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 Leader to collect and apply such rents), royalties, mineral, oil and gas rights and <br />Profits, water, water rights, raid water stock, and all future now or <br />additions ther". shall be hereafter attached to the property, all of which, including rePlacemrnts and <br />domed to be and remain a pan of the property covered by this Deed of Trust and all of the foregoing, together with <br />sad Property (°r the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property,,; <br />TO SECURE tO un (a) the repa�ment of the indebtedness evidenced by mower's note dated APRIL 20, 1987 <br />(herein "� "),inthe Principal sum of SEVEN THOUSAND SIX AND 58,00 - -- with interest thereon, providing formonthi installments of -- -------Dollars, <br />and payable on APRIL 2. 1992 �nc."Pal and interest, with the balance of the indebtedness, if not sooner paid, due <br />sot Borrower , advanced m atxadatim hmvnth to praect the security of this Deed of Trust and the the payment of all other sums, <br />ms contained; and A the Advances"). repayment of any future advances, with interest thereon, made of Borrower by Lender <br />Dursutmt to Paragraph 21 hereof (herein "Future Advances "), <br />Borrower —enauts 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 unerscumbervil. and that Borr <br />imemin over will warrant and defend generally the tick to the Property against all claims and <br />' to � declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy <br />Leader's b in the Property, <br />UNIFORM COVENANTS' Borrower and Lender covenant and agree as follows: <br />I. F"le"I of Fyt'*d and ila w"L Borrower shall <br />by the Nose, pm"y and late a°mPrIY pay when due the principal of and interest on the indebtedness evidenced <br />dTriaN. as aOY� m fie• and the Principal of and interest on any Future Advances secured by this Deed <br />2. F gs dw Tun and <br />Mrasd k& S Are to able tam law a to a written waiver by Lender, Borrower shall Pay to Leader on the day <br />d i eta payable under the Nee, until the Note is paid in full, o sum (herein "Funds ") equal to one - <br />t l of tat Yearly 92M and which may attain priority over this <br />for hard Deed of Trust, and ground rents on the Property, ifany.plusone- <br />hvdft 3nsuratce. plus 000- twelfth of yearly premium instailmosts for mortgage insurance, if any, all <br />as y euimOW i�Y and from twu to time by Leader on the basis of seseumemts and bills and reasonable estimates thereof. <br />The F be held In an the deposits or accounts of which are Insured or <br />Leader if Lender is such at institution). Leader guaranteed by a Federal or state agency (including <br />Lender way � charge for so holding mad re F the Funds to pay said taxes, assessments, insurance premiums and ground rents. <br />unless LemEla pays applying the Furnds, saidYting said account or verifying and compiling said assessments and bills, <br />Crest on the Funds std applicable law permits Lender to make such a charge. Borrower and Lender may agree in <br />writin{ Of the time Of execution or this Deed of Trust that interest on the Funds shall be paid to Borrower, and unless such agreement is made or <br />ISLAND <br />a <br />