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DEED OF TRUST $7- 14235, <br />THIS DEED OF TRUST is made this 27th day or April <br />(19 —AL, a tbeTxwtor, _ e east -- -- - - - - -- -LAW <br />AR ND R. SAACK ATTORNEY AT <br />arld the a00ePa napniaedand�fk�. F FEDEIIAL UVINGS •LOAN AMOCIATION Of OIIAND IiiAND NE <br />existing under the laws of Nw"IffK• whose address is Z41 BOUTH LOCUST <br />0 F l( O Pa 1008 <br />.na/1MD 1 0004 (berain "Lead, "). <br />BORROWER, in conk oration Of the indebtedness herein recited and the trust herein created, irrevocably greats and tOttI to Trustee, <br />in It". wkk pow" of sale' the following described PrOpertY located in the County of _ Hall <br />State of Nebrska: . <br />Lot Nineteen (19), Block Six (6), Morris Third addition to the City <br />of Grand Island, Hall County, Nebraska. <br />which has the address of 308 East 19th Street Grand Island <br />(STREET) (CITY) <br />Nebraska 68801 <br />(STATER 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 />(strbject however to the rights and authorities given herein to fender to collect and apply such rents), royalties, ntial ail and Sera rights and <br />profles, water, water rights, and water stock, and all futures now or hereafter attached to the property, all of which, including <br />additions thereto, shall be deemed to be and remain a part of the property covered rats and all said property (or the leasehold estate if this Deed of Trust is On a leasehold) are herein referred oI of <br />the Trust; Pro of the foregoing, together with <br />"Property"; <br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated _ April 27, 1987 <br />(haain "Note "),intheprincipalsumof Twelve Thousand, Seven Hundred Fifty and no - - - - - -- <br />with interest thereon, Providing for monthly installments of ---, <br />and Payable on April 15, 1999 principal and interest, with the balance of the indebtedness, if not sooner paid, due <br />with interest thereon' advanced in accordance herewith to praect the security of this Dad of Trust, and the ; the Pant of all other sums, <br />agtesmans of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made of of <br />Borrower by aLender <br />pu:s"m to Paragraph 21 hereof (herein "Future Advances"). <br />Borrower COves ants that B—Ower is lawfQY seised of the estate hereby conveyed and has the right to grant and convey the Property, <br />than the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and <br />dam, subject to any dedarattons, —COMM or restrictions listed in a schedule of exceptions to coverage in any title insurance policy <br />L Lender's !merest in the Property. <br />UNWORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. r"aseste aT rslaeigal gig ilalaew. Borrower shall promptly Pay when due the <br />by the Nom. �y�t and principal of and interest on the indebtedness secured b evidenced <br />Of Tnea. cherries u provided in the Note, and the Principal of and interest on any Future Advances secured by this Dad <br />Rri fse Taaw ad 1sawaaes. Subiect to applicable law or to a written waiver by Leader. Borrower shall Pay to Lender on the day <br />DrWd* and latest arc payable under the Note, until the Note is Paid in full, s sum (herein "Funds ") equal to one - <br />tws" eddre yearly taxes and Oftumfm which may autain priority over this Deed of Trust, and ground rents on the Property. if any. plus ore <br />tweMih of yearly pramhmr for hazard W— . plus are twelfth of yearly premium inuWlments for <br />as WUWIY and from time to time by Lender err the basis of insurance, if any, all <br />The Fwxk sha8 be held in an institution the assessments sad bills and reasonable estimates thereof. <br />Laura if Eerier le weir an irntiteNioer). I eedsq sheep a a accounts o! which are insured or guaranteed by a Federal or state aienty (including <br />Lsendw apply the Funds to pay said taxes. assessments. insurance premiums and ground rents. <br />�y not chirp for so hohllty and applying the Funds, analysing said account or vent, ' and compiling said <br />Leader pays Borrower interest on the Funds and applicabk law permit' Lender to makes h as charge. Borrower and Lender may hills, <br />uselass writing at the there Of execution of this Deed of Trust that interest on the Furls %hull be paid to Borrower, and unless such <br />Y agree in <br />agreement is made or <br />A�. <br />