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<br />DEED OF TRUST 87.. 106774
<br />THIS DEED OF TRUST is made this 12th dayof_ November
<br />19 87 amongtheTrustor, W I LBUR B KLE I NT AND SHARON K KLE I NT, Husband and w. c
<br />lhexein" "), AREND R. MACK ATTORNEY AT LAW
<br />(herein "Trustee"), and the Beneficiary, HOME FEDERAL SAVINGS hk LOAN ASSOCIATION OF GRAND ISLAND, HE
<br />acorpomdon apaixed and existing utter the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. BOX 1009,
<br />GRAND ISLAND, NE 111M (herein "Leader ").
<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 HALL
<br />State of Nebraska:
<br />LOT 4, BLOCK 2, IN LE HEIGHTS SECOND SUBDIVISION, IN HALL COUNTY, NEBRASKA.
<br />which has [headdress of 2306 Gateway Ave. Grand Island
<br />(STREET) (CITY)
<br />Nebraska 68803 (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
<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 futures 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 fv�vamhe= r 17 , 1987
<br />(herein "Note "), in the principal stmt of SIX THOUSAND ONE HUNDRED FIFTY FIVE AND 90/100 ---- - - - - -- -Dos
<br />with interest thereon, providing for monthly installments of grincipal and interest, with the balance of the indebtedness, if not sootier paid, due
<br />and payable on November 18, 199
<br />•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 />agreements of Borrower mein 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 />that the Property is unencumbered. and that Borrower will warrant and defer generally the title to the Property against all claims and
<br />ems, subject to any declarations, casements or restrictions listed in a schedule of exceptions 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. Paytttst of lrindpl W Imo. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and the charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Try.
<br />2. Firm for Tatws ud insurance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to lender on the day
<br />monthly umtoRme0b of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one-
<br />twelfth of the yearly canes and assessments which may attain priority over this Deed of Trust, and
<br />ground rents on the Property, if any, plus one-
<br />twelfth of yearly pretaium installments for hazard Insurance, plus one- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as _MOMMY estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funds shall be hem in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender if Lehr is rich an `institution). Leader shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Leader may not charge for ro holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills,
<br />unless Leader pan Borrower interest on the Funds and applicable law Permits Lender to make such a charge. Borrower and Lender may agree in
<br />writing At the time of execution of this Deed of Trust that interest on the Funds shall be paid to Borrower, and unless such agreement is made or
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