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See Future Advances Covenant ( #20) Loan No ............................. DEED OF TRUST THIS DEED OF TRUST is trade this ...2.9.t:h.... day of ..MMY. ... r..... 1M .................. ............................... L98 ........... t 18001111 dw Tmftr . ..... Ployde „R: Loy and Barbara A. Loyr Husband and Wife ..................................................... ............................... (herein "Borrower ") . ............................................. ............................... n Battle „Creek State „Bank,,,.,,,,,,,, (herein "Trustee"), and the Beneficiary Battle Creek State a corporation organized and existing under the laws of the State of Nebraska, whose address is Battle Creek, Nebraska, 68715 (herein "Lender"). BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee, in trust, WITH POWER OF SALE, the following described property located in the county of ' .......... .......... ...........ARIA........,....... ......... State of Nebraska: - Lots Two (2) and Three (3) in Block Four (4) in the First Addition to Cairo, Hall County, Nebraska. c _ cZ� - which has ft address of ..... 504 „SouCh, High „Strgg. ,Geeirs,.. N�hzaska..... 4��2. 4 ... ............................... ...........�`"a (StreN) (City) ............................... ............................... (herein "Property Address "). (Sots and Tap Code) TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, apurte- tnaas, rents, (subject however to the rights and authorities given herein to Lender to collect and apply such rents), royalties, numeral, oil 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, shall be deemed to be and remain a part of the proper- ty covered by this Deed of Trost, and all of the foregoing, together with said property (or the leasehold estate if this Deed of Trost is on a leasehold) are herein referred to as the "Property "; TO SBCURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's Note dated .MAY ..2Q.,...1913Z .............. I............. (herein note) in the principal sum of ........................................................................... ............................... ....... Eighteen Thousand and no /100 Dollars 18s000,,OQ,,,) .. ............................... ($ Doll- with interest thereon, providing for payment of principal and interest, with a maturity date ofJUne ..01....1.997 ................ ••• ......••.••••• •.•.........I .................. which has been delivered and is payable to order of beneficiary, and which by this reference is hereby made a put hereof, and any and all modifications, extensions and renewals thereof; the payment of all other sums, with interest thereat, agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender pursuant to Paragraph 20 hereof (herein "Future Advances. ") Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and con- vey the Property, that the Property is unencumbered. and that Borrower will warrant and defend generally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions listed in a schedule of excep- tim to coverage in any title insurance policy insuring Lender's interest in the Property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: indebtedness y�ve evidenced the Noe nth. Borer shall promptly pay when due the principal of and interest on the by prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed of Trust. 2• F686 1W Tatra and Iasarwce. Subject to applicable law, at any time during the duration of this Trust Deed, upon election of Lender, Borrower shall pay to Lender on the day monthly installments of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one - twelfth of the yearly taxes and assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one -�- twelfth of yearly premium installments for hazard insurance, plus one - twelfth of yearly premium installments for mort- ga,e imursace, if any, all as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof. The Funds shall be held by Lender. Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents. Lender may not charge for so holding and applying the Funds, analyzing said account or verifying and Compiling, said assessments and bills, unless Lender pays Borrower interest on the Funds and applicable law permits ( Lender to make such a charge. Borrower and Lender may agree in writing at the time of execution of this Decd of Trust L_ that interest on the Funds till be paid to Borrower, and unless such agreement is made or applicable law requires such Interest to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower, with out charge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured by this Deed of Trust. If the amount of the Funds held by Lender, together with the future monthly installments of Funds payable prior io The duo dates of taxes, assessments. insurance and rents, m premiums ground shall exceed the amount required to pay said taxes, assessments, insurance premiums and ground rents as they fall due, such excess shall be, at Borrower's options.