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DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument") is made on .................... � a n u� ry .. 3 ........... ............................... <br />......... . <br />19...0 .... The trustor is .... Ri.1.4. L.14on ... bmoand... aad.. Wi. ft ...... ............................... <br />............................................ ............................... ( "Borrower "). The trustee is ....................................... .....................:.......:g <br />.......... <br />Npt�itest..tianb ..Ni:brasks...Natj.ana, .. Ps ............................... ( °Trustee•'). The beneficiary is <br />Kptyv,�hir,,,�0k„ Nebraska, Natlona ssoctatlon_...•• which is or izedatadexisttn <br />.......... <br />under the laws of Th4 VrliUd $tAo pf AWrj9.0 and whose address is �..Q "...�Q�.. 408.... �� ............... <br />..... Omaha., ... mbrasu .... 6.8.lu ... I ......................................................... ... ..... ........... ....................... <br />Borrower owes Lender the principal sum of ... TJArty-•67.x.. T.hQU5. and... 0ne-- Jiundxed..an d..004100- -. - -r. - .-.. -_ •-•- <br />--- -- - - -- -- -- Dollars (U.S. S..3b.t.1Q0 ; 00,••, ). This debt isevidenced b Borrower's note <br />................................. ............................... ........ <br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not <br />paid earlier, due and payable on ............ F. .dnarx.L... 2QQ. 6 ............................................................... ............................... <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and o <br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpose. Borrower irrevocably grts and conveys to Trustee, in trust, with power of sale, the following described property <br />locatedin ........................ ...Ha......... an ................. ......................... ............................... ........................ County. Nebraska: <br />Part of Lot Five (5), Block Two (2), Westerhoff's First Subdivision in the City <br />of Grand Island, Hall County, Nebraska; more particularly described as follows: <br />Beginning at th2 Southwest corner of said Lot Five (5) running Easterly along <br />and upon the Southerly lot line of said Lot Five (5), a distance of Eight (8) <br />feet to the actual point of beginning, thence running Northerly parallel to <br />the Westerly boundary line of said Lot Five (5), to a point on the Southerly <br />boundary line of Westside Street, thence running Easterly along and upon the <br />Southerly boundary line of Westside Street a distance Fifty Seven (57) feet; <br />thence running southerly parallel to the West boundary line of said Lot Five <br />(5) to a point on the Southerly boundary line of said Lot Five (5); thence <br />running Westerly along and upon the Southerly boundary line of said Lot Five <br />(5) a distance of Fifty Seven (57) feet to the point of beginning. <br />im L <br />Z ^ n t N <br />_= v <br />ZD <br />ID <br />CD <br />which has the address of ........ 290,7.,Wes.Csi de .... rand is l and . <br />........ ................... ................................................. ............................... <br />(Street) IG>yl <br />Nebraska ............... 6880 3 <br />............................ ( "Property Address "); <br />lZ10 Code) �. <br />TOGETHER WITH ail the improvements now or hereafter erected on the property, and all easements, rights, <br />C <br />appurtenances. rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or <br />� hereafter a part of the property. All replacements and additions shall also be covered by this Security instrument. All of the <br />i foregoing is referred to in this Security instrument as the "Property." <br />X BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant <br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants <br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and nonuniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />UNiFORM COVENANTS Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due <br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the :Vote. <br />I. Funds for Taxes and insurance. Subject to applicable law or to a written waiver by Lender. Borrower shall pay <br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full. a sum ( "Funds ") equal to <br />one-twelfth of: (a) yearly taxes and assessments which may attain priority over this Security instrument; (b) yearly <br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums: and td) yearly <br />mortgage insurance premiums, if any. These items are called "escrow items." Lender may estimate the Funds due on the <br />bests of current data and reasonable estimates of future escrow items. <br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or I Rr <br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the escrow items. <br />Lender may not charge for holding and applying the Funds, analyzing the account or verifying the escrow items, unless <br />vrm,m 085 - -01 <br />+;l FA S!"', j <br />