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V 1059211
<br />DEED OF TRUST
<br />LOT THIRTY ONE (31), IN ARGO FOURTH SUBDIVISION, IN THE VILLAGE OF AL.DA, HALL COUNTY,
<br />NEBRASKA.
<br />which has the address of 31 VENUS ALDA,
<br />(STREET) (CITY)
<br />NEBRASKA 68810 (herein "Property Address ");
<br />(STATE R ZIP CODE)
<br />I ETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents
<br />(subject however to the rights sad 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 />siddiNtau therein, sod) be deead to be and retain a part of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said property (or the iaaehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Leads (a) the repot of the t'n btexlness U b r a dated SEPTEMBER 30, 1987
<br />( heroin •Note "),In the principal stmt of TIW THOUSAND SIX HUN IWtN�` -�I�� AND ------ - - - - -- Dollars,
<br />with interest thereon s for m� installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and 1»7� on T08 R 5, 19 ; the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agnsaaats of Borrower herds contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />parsom to paragraph 21 hereof (herein "Future Advances").
<br />Borrower covenants that Borrower is lawfully seised of the estat4 hereby conveyed and has the right to grant and convey the Property,
<br />do the Property is tmeaatmbered, sad that Borrower will warrant and defend generally the title to the Property against all claims and
<br />subject to any declarations, easements or muietions listed in a schedule of exceptions to coverage in any title insurance policy
<br />hesaft Lender's lowest in the Property.
<br />UNIFORM COVEINfANCS. Borrower and Lender covenant and agree as follows;
<br />f. Pag711M of 14 el/d W HlwaaL Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Nag, prepayment and has Charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />thf Trwt.
<br />2, 11'amtgr for TAM aced Itaameamea. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />moofthMUdhmo of Prindpalandinterissit am payable under the Note, until the Note is paid in full, a sum (heroin "Funds ") equal to one -
<br />of the yeaft aces and messimentil which may attNn priority over this Deed of Trust, and ground rents on the Property, if any, plus nne-
<br />twelft yearly premium installments for hazard insurance, plus ore- twelfth of yearly premium installments for mortgage insurance, i f any. all
<br />M ressionably estimated initially and from time to time by Lender on the basis of assessiments and bills and reasonable estimates thereof.
<br />The Pundit shall be held in an hwitletion the deposits or Mounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender it Leader is such an ). Leader shall apply the Funds to pay said lutes, assessments, insurance premiums and ground rents.
<br />1.4sider may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills.
<br />saliess Waller pa) a Borrower Imerest an On funds and law permits Lender to make such a charge. Borrower and Lender may agree in
<br />writin at this time of istecution of this Deed of Trust that imeresirl on the Funds shah be paid to Borrower, and unless such agreement is made or
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