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102507 <br />DEED OF TRUST 87- <br />THIS DEED OF TRUST is trade this 30th <br />19,, dayof April <br />atnoag the Trtattor, <br />(herds "BtttYOSrer "), H n j 6 W f----------------- - - - - -. <br />(haeht "Traslee „), ass the AREND R. WICK ATTORNEY AT LAW <br />NOM[ FEOtRAL gAVINOg i LOAN AgiOC1ATION OF GRAND IgLANO NE <br />a 0°M0 lw$smk d and existing tinder the laws of NlflRaltc� where address is SS1 gOUTN tOCUiT 0 O X 1gOg <br />' � Ml _(herein "t Grader „), <br />BORROWER, Inconsidwatlion of the indebtedness herein recited and the trust herein created, irrevocably <br />IN Mail- sstth power of ask, the following described property located in the County of __ Hal i grants and cottveys to Trustee, <br />Stale of Nebraska: <br />Lot Thirty Seven (37) in Castle Estates Subdivision, Hall County, Nebraska. <br />which has the address of_ 4030 Palace Drive Grand Island <br />(STREET) <br />Nebrask (CITY) <br />a 68803 <br />(S _(herein "Property Address "); <br />TAT E # ZIP CODE) <br />TOGETHER with all the improvements now or hereafter erected on Ute property, and all easements, rights, appurtenants <br />(alt *1 however to the rights and authorities given herein to Lender to collect and apply suc ces, ren <br />h rents), royalties, mineral, oil and gas tights 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, shill 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 />OW property (ax the kawbold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property "; <br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated Anr i 1 -j s 1 q1�7 <br />(herein "Nwe'q, in the principal sum of twenty Five Thousand and-no /100 - -- <br />with interest thereon. providing for monthly installments of Dollars, <br />Gad Payable on May 1 2017 Art °nasal and interest, with the balance of the indebtedness, if not sooner paid, due <br />with lateral thereon' advanced in accordance herewith to protaxt the security of this Deed of Trust; and the the payment of all other sums, <br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made of Of <br />Borrower coven Lender <br />Pursuant to Paragraph 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 t y, <br />he Propert <br />that the Property is Unenclmtbesed, and that Borrower will warrant and defend generally the title to the Property against all claims and <br />dam, Wbjact to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy <br />insuring Dander's inUMt in the Property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />I• F i ssm K Mad9al mad lmiftvg. Borrower shall <br />by alit �t ply � �t � Drartptly WY when due the principal of and interest on the indebtedness evidenced <br />a f Trust, as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed <br />1L Fftb fie Tom aril T jut ppiicable law or to a written waiver b <br />ttatratsoe. Sub' to a Y [.ender, Borrower steal! <br />MOM* of Principal and interest are Payable under the Note, until the Note is lacy to Lenrder on the day <br />twdtth they y and aaessments which may attain paid in full, a sum (herein "Funds ") equal to one - <br />priority over this Dee of Trust, and ground rents on the Property, if any. plus one <br />- <br />two%of yearly Pruslum imtaNznents for hazard insurance, plus one- twelfth of Yearly Premium installments for mortgage ltsurattce, if any, all <br />as Mated initially and from time to time by Lauder on the basis of assessments and bills and reasons mortgage tgage to thereof. <br />Tiro Funds shad be held is as irotitulion the deposits or accounts of which ace insured or guaranteed by a Federal or state agency (including <br />Leader if Laden is such r institution). holdin a Lender shall apply the Funds to Pay said taxes, assessments, insurance premiums and ground rents. <br />I lacier ratty taw efiarge for so holding told applying the Funds. analyzing said account or verifying std compiling sold assessments and bills, <br />unless Letider Pays Bwrowa interest on the Funds std applicable law permits Lender to make such a charge. piling sand Lesser may agree in <br />writing at the time of execution of this Iliad of Trust tMt interest on the Funds shall be paid to Borrower, and unless such agreement is trade or <br />—i <br />