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DEED OF TRUST
<br />THIS DEED OFTRUST' h14 der of JUNE
<br />19_1 ,a the 7ttntor, Saasta , and and muLny bn la
<br />(hadst "Borrower"). ARENA LAW -
<br />(halo''Trueae "). and the Bandiciary, NOME FEC ML wAVOWN i LOAN ASSOCIATUM OF fiNANO
<br />a oorPorathm organized and existing under the haws of Nt I96IKA whose address is 441 SOUTH LOCUwT P 0. a" 100q
<br />Qf1AN0 NLANO, NE M 2 (herein "Lander'q
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herd tacfea od, irrevocably grants and conveys to Trustee,
<br />in try, with Power of sale, the following described property located In the County of 1
<br />Sts to of Nebraska:
<br />LOT FIVE (5) IN VILLA MAR DEE SUBDIVISION IN THE CITY OF GRAND ISLAM), HALL
<br />COUNTY, NEBRASKA.
<br />which has the address of 206 WAINWRIGHT GRAND ISLAND
<br />(STREET) — (CITY) C
<br />NEBRASKA 68801 (herein "Property Address ");
<br />(STATE A ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances. rents 'C
<br />(subject It -ever to the rights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil and gas rights and
<br />Profits, wad, 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 retain a pan of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />sold Property (or the tenchoid estate if this Dead of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lander (a) the repayment of the indebtedness evidenced by Borrower's note dated JUNE 11, 1987
<br />(herein "Note "),in the principal sum of SIX THOUSAND, TUB HUNDRED FOURTEEN AND 73/100 ------------ j"I
<br />with interest thereon, providing for monthly ly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on NQV M R 2Q. 1 q8q ; the payment of all other sutras,
<br />with hUMM thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />P to paragraph 21 hereof (herein "Future Advances ").
<br />Donvwer covenants that Borrower is lawfully eased of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is ungescumbered. and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />Insaring subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />Leader's lateral in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. ralum of rsirrlgal sri Hleral. Borrower shell promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the NOW, Papaymen and late Charges as provided in the Note, and the principal of and interest on any Future Advances mural by this Deed
<br />Of Tart.
<br />2. Fier Ns Tess seed Ims raeas. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />principal and bmwM are payable under the Note, until the Note is paid in full, a stem (herein "Funds ") apual to one-
<br />Mft tbt yearly taxes and assessments which may attain priority over this Deed of Trust, and ground rants on the Property, if any, plus one-
<br />tIMM leatlf' Pnmum lastalknems for hm M insurance, plus one - twelfth of yearly premium installments for mortgage insurance, if any, all
<br />ea MAGRaNY estimated Initially and from time to time by Loader on the basis of assessments and bills and reasonable estitnates thereof.
<br />trader The Punds shall be held in an institution ties deposits or OCCOMMIS of which are insured or guaranteed by a Federal or state agency (including
<br />if Leader is slatt an ). apply the Funds to pay said tuts, ts, insurance premiums and ground rents,
<br />"Aseder may am charge for to and the Funds, analysing said account or verifying and compiling said assessments and bills,
<br />WAM Leader pays on the Funds and applicable law permits Lender to make such a charge. Borrower and Lender may agree in
<br />wthift at the OAW Of 64ftwic" of this Dead of Try that interest om the Funds shall be paid to Borrower, and unless such agteement is made or
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<br />which has the address of 206 WAINWRIGHT GRAND ISLAND
<br />(STREET) — (CITY) C
<br />NEBRASKA 68801 (herein "Property Address ");
<br />(STATE A ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances. rents 'C
<br />(subject It -ever to the rights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil and gas rights and
<br />Profits, wad, 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 retain a pan of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />sold Property (or the tenchoid estate if this Dead of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lander (a) the repayment of the indebtedness evidenced by Borrower's note dated JUNE 11, 1987
<br />(herein "Note "),in the principal sum of SIX THOUSAND, TUB HUNDRED FOURTEEN AND 73/100 ------------ j"I
<br />with interest thereon, providing for monthly ly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on NQV M R 2Q. 1 q8q ; the payment of all other sutras,
<br />with hUMM thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />P to paragraph 21 hereof (herein "Future Advances ").
<br />Donvwer covenants that Borrower is lawfully eased of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is ungescumbered. and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />Insaring subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />Leader's lateral in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. ralum of rsirrlgal sri Hleral. Borrower shell promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the NOW, Papaymen and late Charges as provided in the Note, and the principal of and interest on any Future Advances mural by this Deed
<br />Of Tart.
<br />2. Fier Ns Tess seed Ims raeas. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />principal and bmwM are payable under the Note, until the Note is paid in full, a stem (herein "Funds ") apual to one-
<br />Mft tbt yearly taxes and assessments which may attain priority over this Deed of Trust, and ground rants on the Property, if any, plus one-
<br />tIMM leatlf' Pnmum lastalknems for hm M insurance, plus one - twelfth of yearly premium installments for mortgage insurance, if any, all
<br />ea MAGRaNY estimated Initially and from time to time by Loader on the basis of assessments and bills and reasonable estitnates thereof.
<br />trader The Punds shall be held in an institution ties deposits or OCCOMMIS of which are insured or guaranteed by a Federal or state agency (including
<br />if Leader is slatt an ). apply the Funds to pay said tuts, ts, insurance premiums and ground rents,
<br />"Aseder may am charge for to and the Funds, analysing said account or verifying and compiling said assessments and bills,
<br />WAM Leader pays on the Funds and applicable law permits Lender to make such a charge. Borrower and Lender may agree in
<br />wthift at the OAW Of 64ftwic" of this Dead of Try that interest om the Funds shall be paid to Borrower, and unless such agteement is made or
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