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DEED OF TRUST
<br />S THIS MW OF TRUST is made this
<br />Fati "Harow ""),
<br />..ice �sT a�a�rh �nA r6w O�seA�arr'_ 1 f�:!.l
<br />day of
<br />7 105842
<br />'TEMBER
<br />..;fin..... .)
<br />BORROWER, in consideration of the Indebtedness heron recited and the trust herein eteHu�Cfrrsvocably ; greats and , to T
<br />in trust. with of sale, the following described y located in the County of ,
<br />LOT FIVE (5), BLOCK TWO (2), IMPERIAL VILLAGE ADDITION TO THE CITY OF GRAB ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />which has the address of 1328 N. HOWARD PLACE GRAND ISLAND
<br />(STREET) (CITY)
<br />NEBRASKA 68803 rnerein "Property Address ");
<br />(STATE R ZIP CODE)
<br />TOGETHER with all the Improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents
<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, said 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 Decd 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 SEPTEMBER 28,—_1987
<br />Owrdn "Note "),intbeprincipsiaamot TEN THQUSANO SEVENTY FIVE AND 21100 ---------------- - - - - -- Dollars,
<br />With interest thereon, provii1lift for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable an SEPTEMBER 20 1990 ' 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 />pursum to paragraph 21 hereof (herein "Future Advances").
<br />Borrower covemum that Harrower is lawfully lased of the estate hereby conveyed and has the right to grant and convey the Property,
<br />am the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />to any dederations, casements or restrictions listed,in a schedule of exceptions to coverage in any title Insurance policy
<br />Insuring Laders,buterom in On Property.
<br />UNIFORM COVENANTS. Ht f~ said 1.4ader covenant and agrees as follows:
<br />1. Parma of Psladpolnnd loweeL Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by rtes 14M. prepayment and late clarges as provided in the Note, and the principal of and interest on any Future Advances scatted by this Dad
<br />W
<br />L Fermi ire Two ant Harsain. Subs to applicable law or to a written waiver by Lender, Borrower sham pay to Lander on the day
<br />of prisselpal and Wmed are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one-
<br />dthe ` tam and assessments w nary attain priority ova tlds Deal of Trot, and ground rents on the Property, if any. Plus one-
<br />t for hatatrd insurance, plus ono- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />a and from ume to fists by Leader on the basis of assessments atxl bills and reasonable estimates thereof.
<br />The F be keld In an Institution the deposits or accounts of which are insured or guaranteed by a Fed" or state agency (including
<br />if Lender Is such ), Lender sW ably the Funds to psy said taxes, assessments, insurance premiums and ground rents,
<br />Leader may net charge for w behfing and applying do Funds. analyzing said account or verifying and compiling said assessments and bills,
<br />West Load" pop Borrower Was" on the runds and Applicable law permits Leader to make such a charge. Borrower and Lender may agree in
<br />w"ting U the of emuslon of this Dad r r Tres that fir, "n the Funds shall be paid to Borrower, and unless such agreement Is made or
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