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L��F�t►sr <br />87-- 102306 <br />THIS DE90 OF TRUST is mad. this 17 dy of Apr I I <br />r 19 67 ,alnorigthsTowtor, No 1 In D. Krouch i and Nancy M. Kreuch I , as Joint Tenants <br />r with Right -of Survivorship (herein 'Borrower), <br />First &vae rican T tle In urance Company (herein "Trustee'), an4 the %Mficiry, <br />Sears Cansuaer Financial Corporation acaPoration or <br />w tower ten laws of Kansas id and <br />w1wel"ressia 9225 Indian Creek Parkway, Corporate Woods, Bldg. 32, <br />Overland Park, Kansas 96210 (herein ^LrWr^). <br />KWA40VYM in conpdsratlon of the indaptedwss herein recited and the trust herein created, irrevocably grants and conveys to <br />Tnafft In trust, with Power of see. the fONowing described property located in the County of <br />He i I State of Nebra*&: <br />!ot 1, Block 1, Westroads Estates Second Subdivision, Hall County, <br />il;braske. Also known as: 3508 Schroeder Grand Island, Neb. 68803 <br />which has the address of 3508 Schroeder Grand Island <br />i <br />(Strew fCi , <br />Nabrapca 68803 ( hrein ^Property Address"); <br />Qip COW <br />TOGETFER with 811 the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and <br />rants (stAJect however to the rights and authorities given herein 10 Lender to collect <br />and apply such rents), alt Of which shell De <br />deemed 10be are remain a part of the property Covered by this Deed of Trust; and all of The foregdn9 together with said which Shall be <br />the teaaeh0ld eatate if this Deed of Trust hs on aleasgWco <br />re Mreinsftr refrrsdto as the " Propertl /; <br />To SECURE tolendr the repayment of the indebtedness <br />evidenced by Borrowers note dated 04/17/87 <br />and extensions and renewals thereof (herein "Nola"), in the principal sum of <br />LM S 25605.50 <br />, with interest thereon, <br />ntrest, with the balance of the indebtedness, if not sooner providng for monthly installrrnents of princlpp and <br />Pid due and Payable on Apr 11 <br />23 1999 ; <br />The P"TOM of 80 Other SUMS, with interest thereon, advanced in accordance herewith to Protect the <br />security of this Deed of Trust; <br />andthe prforimam* of the coreawtts etdagreements of Borrower herein contained <br />Borrower CoWne is that Borrower Is lawfully Seised Of the estate hereby conveyed aril has the right to grant and convey the <br />Property, ate Ito the PrOWtyis Unencur"o", fOr <br />exCept enCUMbrences Of record. Borrower CovWWtS that Borrower warrants <br />and wla defend gamey the title to the Property against an claims and dertwds, subject to SMUrytrancas <br />of record <br />leeFOAN COVENANTS. Borrower and Landr, covenant and agree as follows: <br />1. /"MO of N111dp1 err hllareet. <br />Borrower shall Promptly Pay when due the Principal and interest indebtedness <br />erhdertcW by Me Nye and late charges u provided in the Note. <br />2. FWAb for Tessa the dyntxingtly wMr+ama ofd SW Jett to applicable law or a written wa wrby Lender, Borrower shell paYtOlsnder an <br />PrM�►ei and interest <br />re payable under ten NO1e. Until the Note is paid in full. awn (ersin ^Funds^) Go" <br />to ire -tMeal 1h of the ylsrly taa1N and "seasMeMs (including cOn0 rninium SW <br />Planned Urn dMNOprnrnt assessments, if any) <br />whell n men attain Priority Over this Deed of Trust, and ground rents <br />on the Property, if wry, pun one - twelfth of ye prarryum <br />ti for ►eard agents", PkR ons- twelfth of yearly pram'" instalments for mOrt9age insurance, <br />if wry, el as reasonably <br />wed aepaay and fromttre 10 throe bat (emir on the baps of aSSesanyMS and bills and reasonable <br />estimates thereof. Borrower <br />shad not be obegated to make Such paynentS of Funds to L~ to the extent that Borrower makes <br />� <br />such payments to the molder of a <br />Prio►mortge9sOr deed Of trtstif Such holder is anitWitutional Iarder. <br />&"-HM* /B0-rNMA/FNLMC U W0011M <br />_Mn0VD'*W-1 <br />NSTRUMENT <br />vwuw t ® �eM 1 el 4 <br />M RAA <br />