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<br />THIS DEED OF TRUST is made this _h
<br />19 -- @Z_ , antoag the Tnuta, day of May
<br />(b r6n "Hortowrp'), R x n L Je inekg husband and wife
<br />( (hreia "Trustee" ),and the AREND R. -BA—AC ATTORNEY Air LAW
<br />a corporation aJt�ised NOME FEOEAAL SAVINpi i LOAN AgOdATION Op pMND ISLAND NE
<br />W Any 1� �i p under the Taws of _what address is 221 em", LOCUiT. so O. OOX 1000.
<br />(herein "Lender• )
<br />t' BORROWER, itt consideration of the itrdebt
<br />in UI whh Dower of sak, the f Picks herein ed in t and the trust herein crated, irrevocably grants and conveys to Tartars,
<br />state O f Nebraska. following described hxoikrty located in the County of _---.Hall
<br />THE NORTH FORTY -SIX AND SIXTY -EIGHT HUNORETHS FEET (N46.681) OF THE EAST HALF
<br />OF THE NORTH HALF (EJNJ) OF BLOCK THIRTEEN (13) OF PLEASANT HOME SUBDIVISION,
<br />LOCATED ON PART OF THE EAST HALF OF THE SOUTHEAST QUARTER (EJSE4) OF SECTION
<br />TWENTY -ONE (21) IN TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE SIXTH
<br />P. m., IN HALL COUNTY, NEBRASKA
<br />which has the address of_______ Of—. ---1504 S. SYLVAN _
<br />NEBRASKA 68801 (S — GRAND ISLAND
<br />(CITY)
<br />(ST�►IE t lIP CODE) - (herein "Property Address ");
<br />TOGETHER with all the ntWoveMMU now or hereafter erected on the
<br />(subject however to the rights and property. and all man U. tights, appurtenances. rents
<br />Profits, water, water[[ given here to Lender to collect aced apply such rents), royalties, tnitreral, oil and gas rights and
<br />rights, ind water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />additiorss thereto. shall be deceased 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 Itasebootd 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 _ MAY 4, 1987
<br />(bran "Nott")•intbePdssapalsremof FIFTEEN THOUSAND SIX HUNDRED EIGHTEEN AND 47/100- -
<br />with interest thereon, providing for monthly inuaUroeots of Dollars,
<br />and Payable on MAY 1 S 1992 Principal and interest, with the balance of the indebtedness, if not sooner
<br />paid, due
<br />wtgoaer�ts thereon, advanced in accordsom herewith to protect the security of this Deed of Trust; and the f the Payment he all other sums,
<br />Borrower herein contatocd; and (b) the repayment of any future advances, with interest thereon, performance of the covenants and
<br />Pursuant to paragraph 21 hereof (herein "Future Advances ") made to Borrower by Lender
<br />Borrower covenants that Borrower h lawfully seised of the estate hereby conveyed and Yas the right to grant and convey the Property,
<br />that [Ire Properly n �, and that Borrower will warrant and defend generally the title to the Property
<br />demands, subject to any dedaratiom, easements or Cued in a schedule of exceptions to coverage in any gain insurance policy
<br />insuring Larder's interest in the Property.
<br />UNIFORM COVENANTS. 9—ower goad Lender Covenant and
<br />I. � � rrfaelDal stag ttNerast. Borrower shall agfOe as follows:
<br />by the Nett. Drepaymeit and lot Promptly Pay when due the principal of and interest on the indebtedness evidenced
<br />eel' Trust- as Provided in the �d the Principal of and interest on any Future Advances secured by this Deed
<br />2. 1hLar kor Tsetse std ysaraats. Subject to
<br />asoatholy instsivionsonts applicable kw or to a written waiver by Lender, SmOwer shall Pay to Lender on the day
<br />Of Priac'PW and mterest we Payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one-
<br />L ""M Of the yearly tam and dents which may attain Priority over this Deed of Trust, and ground rents on the Pr
<br />twelfth of Yearly premium iaaraUwraes for hazard insurance, Plus one - twelfth of yearly Premium installments for property, if any, Plus one retkonrtbly catenated la tually and ftao time to time by Lends at the basis of montage insurance, if any, al:
<br />The Futrk shall be held in an institution the assessments srtxttts and bills and reasonable atirnates thereof.
<br />1 ei+dtr if Leader is such an irtNitution). Lender ilat) gopp1Y the Funds to tom are ensured or guaranteed by a Federal or sate agency (including
<br />t.ertelat may [m[ charge tot so htolcUng and aF�yuy the Funds, and raY said taxes, assessments, insurance Premiums and ground rents.
<br />unless I °ends[ Pays charge rota interest a[ the Furry and analyzing �d acme or verifying and compiling said auessments and bills,
<br />welting at the tutu of applicable law Permits Lender to make such a charge. Horrower and Lender may
<br />tatrution of this Deed of Treat that interest On the Funds shall he Y agree i r
<br />Paid ro Borrower, and unless such agtcemcnt is made or
<br />F
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