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87- 103838 DEED OF TRUST VMILI VOID THIS DEED OF TRUST is made this 24TH l-� tea,___ TI_h10THY E. ENCK AND SHERILYN ENCK HUSBAND AND WIFE (her )' AREND " ' DERAL ACK A ORNET LAW A . MIE SAVINQ3 i LOAN a orpNsed and eaistisg under the hews of NESRAEK� ASSOCIATION GRAND IfLAND NE OIIAIr� a NE �MOS (herein ,. „) —wh°se address is �1 30UTH lOCU3T P. O. SOX tow BORROWER, in cosWaation of the indebtedness mein recited and the trust herein created, irrevocably to trtat, width Power' of tale, the folbwing described property located in the County of HALL grants and conveys to Trustee, StsueotNebratka: N14' OF LOT 2 AND 9481 OF LOT 3, BLOCK 16 WEST VIEW ADDITION AND PART OF SWMEI 17 -11 -9 AND PT. OF VACATED CUSTER AVENUE, HALL COUNTY, NEBRASKA SEE ATTACHED EXHIBIT "A1e which has the address of 630 NORTH CUSTER (mE� -- -_.___ GRAND ISLAND NEBRASKA 68803 (C1M (STATE tt ZIP CODE) herein "Property Address"): TOGETHER with an the (aubJat however to the improvements now or hereafter erected on the property. and all easements, rights, appurtenances, rents rights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, al and gas rights and Profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shad be deemed to be and remain a pan of the property covered by this Deed of Trust and all of the for of said Property (or the teasdwW estate if this Deed of Trust is on a kasehotd) are herein referred to as the "Pro n • to with Property"; TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated APRIL 24, 1987 (here's "Note "), in the priocipd sun of TEN THOUSAND AND 00/100 with decreer thereon. ------------------- - - - - -- -- Providing for monthly installments of Principal and interest. with the balance of the Dollars, NW Pal on APRIL 30 1992 indebtedness, if not sooner Paid, due vsRh thereon, advanced q accordance herewith to sect the ; the payment of all other suns, with hi Fr security of this Deed of Test; and the performance of the covenants and Borrower herein mil; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender pursuant to Paragraph 21 hereof (herein "Future Advatroes"). dest the Borrower coveaaeus that Borrower is lawfully seised of the estate hereby conve oOertY is 0d• yed and has the right to grant and convey the Property, deaseask subject and that Borrower will warrant and defend generally the title to the Property against an claims and sagsBlg Leaders in s' easements restrictions listed in a schedule of exceptions to coverage in any title insurance f'roPerry• policy UMFORM COUNTS- Botrowa and Leader covenant and agree as follows: 3 > of ihisee1Pa1 me Islasaal. Borrower shall promptly Pay when due the principal of and interest on the indebtedness evidenced Of provided is the Note. and the principal of and interest on any Future Advances secured by this Deed 2' raseb far Tanta a ed lassere sea. Subject to app&cabie law or to a of Fn►cipal and interest ere written waiver by Lender. Borrower shall pay w Lender on the day _ Payable under the Note, until the Noce is paid in full, a sum (herein ' `Funds ") equal to one - tawal of ygv a Pxa�ess i� hazard mau�'a�wurmtor+atwelhis oDeed of Trust, and ground rents on the Property, if any. plus one rassate ly aid initially and from time to time by Leader on the basis of Yearly installmens for mortgage imsurance, if any. all Thee f wkh AM be held in as institution the asseanents and bills and reasonable estimates thereof. L.csder if Lender is such as instit deposits or accounts of which are insured or guaranteed by a Federal or state agency (including sties) Leader shall apply the Funds to pay said taxes. assessments, insurance premiums and ground rents. Leader may rust charge for a hold Gad applying the Fusels, smLaw Eateries pstYa Borrower interest on the applying and analyzing said account or verifying and compiling said assessments and bills, steskes at the Pays of execution vt this Deed of Trust aPPlicabk law permits Lender to make such a charge. Borrower and Lender may alts in that iaterest on the Funds stall be paid to borrower. and unless such agreement is made or ( l lz ( I