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r <br />DEED OF TRUST 87- 104360 <br />A tract of land comprising a part of Lot Five (5), situated in the Southwest Quarter <br />of the Southwest Quarter (54SW4) of Section Twelve (12), Township Ten (10), North, Range <br />Nine (9) West of the 6th P.m., in Hall County, Nebraska, more particularly described <br />as follows: Beginning at the southeast corner of said southwest Quarter of the Southwest <br />Quarter (SW45W4); thence northerly along the east line of said SW4SW4, a distance of <br />One Thousand Three Hundred Nine and Fifty Two Hundredths (1,309.52) feet to the northeast <br />corner of said SW4SW4; thence westerly along the north line of said SW4SW4, a distance <br />of Seven Hundred three and Eighty -four Hundredths (703.84) feet to the present right <br />bark line of the Platte river; thence deflecting left 41 022113" and running southwesterly <br />along said riqht bank, a distance of Three Hundred fifty four and Thirty Seven Hundredths <br />(354.37) feet; thence deflecting left 85 108'49" and running southeasterly a distance of <br />Five Hundred twenty two and Seventy Seven Hundredths (522.77) feet to the south line <br />of the N�%kSW4; thence easterly along said south line of the N2SW4SW4, a distance of <br />Six Hundred Forty (640.0) feet; thence southerly parallel to the east line of said SW4SW' <br />a distance of S,x Hundred fifty Four and Seventy Six Hundredths (F54.76) feet to the <br />south line of said Section Twelve (12); thence easterly along the south line of said <br />Section Twelve (12), a distance of twenty (20.0) feet to the place of beginning. <br />which has the address of pn, d t8 #i -1 Ph' ]- l r fL =- <br />(STREET) (CITY) <br />Nphr = -ken _ BRASS (herein "Property Address "); <br />(STATE 4 ZIP CODE) <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements. rights, appurtenances, rats <br />(subject however to the rights and authorities given herein to Leader to collect and apply such rents), royalties, mineral, oil and gas rights and <br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replaamews and <br />additions thereto, shalt 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 />said property (a the leasehold estate if this Deed of Trust is on a )are herein referred to as the "Property "; <br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated fflmr -h 11 r 11�E3? <br />"Note"), in the principal sum of Dollars, <br />with interest thereon, providing for monthly' installments of principal and interest, with the balance of the indebtednness, if not Sooner paid, due <br />and payable on — 01,r,h 15, 19:1 ; the payment of all other sum, <br />with interest thereon, advanced in accordance herewith to protect the security of this Dead of Trust, and the performance of the covenants and <br />agreements of Borrower hereon contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by 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 the Property, <br />the the Property is unemumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and <br />demantis, subject to any declarations, easements or restrictions listed in a schedule of excgxk ns to coverage in any title insurance policy <br />insuring Lender's interest in the Property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Pa /toot eel l4fndpl tW ialuM. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced <br />by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by" Deed <br />Of Try. <br />3. 'tads for mil (era om. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lads on the day <br />monthly installments of principal and Interest ate payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to oae- <br />L twelfth of the yearly tam and assessments which may attain priority over this Dated of Trust, and grouted rents on the Property, if my, plus one- <br />twelfth <br />of yearly premium Installments for hazard insurance, plus one- twelfth of yearly premium installments for mortgage insurance, if any, all <br />s Initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thaw. <br />The Fmads shall be bead In an institution the deposits or accounts of which are imam or guaranteed by a Federal or state agency (including <br />Lender it Lender is amt an institution). Leader shall apply the Funds to pay said taxes, assessments. insurance premiums and grated rents. <br />Leader may not charge for a holding and applying the Funds. analyzing said account or verifying and compiling said assessments and bills. <br />unless Lender pays Borrower inter on the Funds and applicable haw permits Lender to stake such a charge. Borrower and Leader may agree in <br />wnutig at the time of wercation of this Deed of Trust that interest on the Funds shall be paid to harrower, and unties such agreement is made of <br />