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DEED OF TRUST 87-102469
<br />r. �T,HISDEEDOFTRUSTis Beth' 27th der of April
<br />11 19 — ,atnKnis the Trustor,. Ober TiT. ey_?r anti�ol�anne'��.-lrf©yer, us an3 (herein "�owcr"), AREND R. BAACKi ATTORNEY AT I.AW
<br />t7terain "Trustoganized and ctd is i u N0ME FEDERAL SAVINQB l� LOAN ASSOCIATION OR ORANp 181AND NE
<br />tclary, .
<br />A corporation m ng under the iawa of NE RA8KA whose address is 180UTN LOCU8T P O Box X 19
<br />GRAND 18LAND NE t3{tOQ (herein "Lender "),
<br />BORROWER, inconsideration of the indebtedness herein recited and the trust herein rea[d irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in the County of _ fca l '
<br />State Of Nebraska: —
<br />The East Twenty -Six Feet (E261) of Lot Four (4) and all of Lot Three (3)
<br />in block Fifty -Three (53), Wasmer's Second Addition ti Grand Island, Hall
<br />County, Nebraska.
<br />which has the address of 1815 West Louise
<br />Grand Island,
<br />Nebraska 68803 (STREET) (CITY)
<br />(STATE A 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 Lender to collect and apply such rents), royalties, mineral, , oil and gas rights and
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />additions thereto, shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said Property (or the household estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repay lIn of This debtedness evidenced by Bor.(awer's note dated April 27, 1 987
<br />( herein "Note "), in the principal sum of h T tY U Thousand and no/ I ULI---- -------- ---- ---- - ----- --
<br />with interest thereon, providing for monthly installments of principal Dollars,
<br />acid payable on Ma V-1, P pal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />> >nm
<br />with interest thereon. advanced in accordance herewith to protect the security of this Deed of Trust; and the ' the payment of all other sums,
<br />agreements of Borrower herein contained, and y performance B the covenants and
<br />(b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />Pursuant to paragaph 21 hereof (herein "Future Advances ").
<br />Borrower 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, Lender's nt any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />ittsurittd I.erider's interact in the Property.
<br />UNIFORM COVENANTS. Borrower and Leader covenant and agree as follows:
<br />L ltpaest ert PrHtdissil and Interco. Borrower shall
<br />by � Nexe promptly pay when due the principal of and interest ext the indebtedness evidenced
<br />Prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />Of Trull.
<br />morithill 2, F)i" for Tama lead Imo. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />ts of Principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one -
<br />teraft Of the Yearly taxes and assessments which may attain priority over this Deed of Trust, and ground rents on the Pr
<br />twelfth of ymty itstallments for hazard insurance, plus one - twelfth of earl opeins if any, Plus one
<br />m Y estimated initially and from time to time Yearly Premium installments for mortgage insurance, . any, alt
<br />by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />Lando The Fuluk shah be held in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender if Loilliff is such an institution). Lender shall apply the Funds to Pay said taxes, assessments, insurance premiums and ground rents.
<br />may not charge for so holding end applying the Funds, analyzing said account or verifying and compiling said assessments and hills,
<br />unksit Leader pays ilorrowet interest nn the Funds and aPPlic:able law Permits Lender to make Ruch a charge. Borrower and tender may agree its
<br />writing at the time of execution of this l of'Tnest that interest on the Funds shall be paid to Borrower. and unless such agreement is made or
<br />w.
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