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DEED OF TRUST 87-105134
<br />I TEII,SDEEDOFTRUS, T 20th August
<br />19 ismthls s cd -y;r eosktP HU5
<br />5an and wire
<br />(herein +'Borroww ")• ARE 'D R. BAACK ATTORNEY AT LAW
<br />"Trn+�ea' +)• and the 8eadiciary, HOME FEDERAL SAM" & LOAN ASSOCIATION OF ORAND ISLAND NE
<br />a coryoratron orSaresed ad eaRting under the laws of NEBRASKA whose address is 221 SOUTN LOCUST. p. O. BOX 10pill
<br />SUM ISLAND NE Ctlo2 (herein ••[order• )
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in the County of
<br />Hal l
<br />State of Nebraska:
<br />ALL OF LOT SIX (6) BLOCK NINE (9), BOGGS AND HILL'S ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA SUBSEQUENT TO SEPTEMBER 5, 1969
<br />AND
<br />THE WESTERLY TWENTY THREE (23) FEET OF LOT FIVE (5) BLOCK NINE (9) BOGGS
<br />AND HILL'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />SUBSEQUENT TO SEPTEMBER 5, 1969.
<br />which has the atdressof 2023 WEST 11TH AVENUE GRAND ISLAND,
<br />(STREET) (CITY)
<br />NEBRASKA 68803
<br />(STATE A ZIP CODE) (herein "Property Address ");
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all casements, rights, appurtenances, rents
<br />(subject however to the rights and authorities given herein to Lender 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 replacements and
<br />additions thereto. shall 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 (or the leasehold 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 August-20, 1987
<br />(herein "gore "),in the principal sum of Three Thousand, seventy and 35. 100 -------- ----------------
<br />[follars
<br />with interest thereat, providing for monthly �a1l��ts of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />� payable on August 26 l 9 9 ; the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Dad 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 />Pursuant to paragraph 21 hereof (herein "Future Advances ").
<br />Borrower covenants that Borrower is lawfully scised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />tlm the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />bowing Lesxkr's interest in the Property.
<br />UNI FORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Rawer a! FfbOdPldmdbdemM. Borrower shall promptly pay when due the
<br />principal of and interest on the indebtedness evidenced
<br />by the Note, Prepayment and We charms as proves in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />1. PYa/s for Taus and Lss ramee. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />monthly bmUMMMU of principal and interest are payable under the Note, until the Note is paid in full+ a sum (herein "Funds ") equal to one-
<br />"MM of the yes * farm and assessmasit which may attain priority over this Dad of Trust, and ground rents on the Property, if any, plus one-
<br />twdRh of yearly Premium wAtSUMMU for hoard insurance. plus ate- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as initially and frmt t to time by Leader on the bash of assessments and bills and reasonable estimates thereof.
<br />The Funds shall be held In an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Leader if Lem is such an ' ). Lender shag apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Leader may it% t:1wge for m holding and applying the Fumle, analyzing said account or verifying and compiling said assessments and bills.
<br />unless Lender lays Borrower interest on the Funds and applicable law permits Leader to make such a charge. Borrower and Lender may aaree in
<br />w'titft at the time of execution of this Dowd of Trust that interest on the Funds shall be paid to Borrower, and unless such agreement is made of
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