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<br />DEED OF TRUST $S — 100402
<br />THIS DEED OF TRUST is nude thia 2n2 d day of January
<br />(' 19�_,"wStheTrugor,_ CHARLES E. OXNER -AND CATHY J. OXNER, HUSBAND AND WIFE
<br />�n..��•), AREND'R. DAACK ATTORNEY AT LAW'
<br />(herein •"trustee+'), and the Beneficiary, HOME FEDERAL SAVINGS a LOAN AMMIATION OF GRAND ISLAND, NE
<br />a corporation otpniz,d and ezisdrig under the laws of NESRASKA_whose address is 421 SOUTH LOCUST, P. O. BOX IM
<br />ORAMD UNMO WE MW (herein "LaklOr ")
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in "a, with power of sale, the following described property located in the County of Hall
<br />State of Nebraska:
<br />LOT SIX (6), BLOCK TWO (2), IN "LAKEVIEW ", IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />The Rider to the Deed of Trust which is attached hereto and executed on the same day is
<br />hereby incorporated into the mortgage. The Rider shall amend and supplement the covenants
<br />and agreements of this Mortgage as if the Rider was a part thereof.
<br />which has the address of_ 10 Fact Achtnn franc( Tcland
<br />(STREET) (CITY)
<br />ii_
<br />Nahracka FiRRfll (herein "Property Address ");
<br />(STATE & 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 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 _ ,ja pat a ry 22. 1986
<br />( berein "Note'),intheprindpaisumof T tF NTV FT tF THOUSAND DUI ARS AND N04100 --- - ----- Dollars,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payer on ; 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 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 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 defend generally the title to the Property against all claims and
<br />dea ssinds, subject to any declarations, easements of restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />ituuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
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<br />1• Fall at of Frkefpl and Interest. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, pnpaymett and {ate charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of?runt.
<br />2. >rwds far Tam and low em. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />Ck"y insudlififianu 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 taxes and assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one-
<br />twelfth of yaarly preniwo installments for hazard insurance, plus one - twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably astimated initially and from time to time by Lender on the basis 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
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<br />Lender if Lender is such an institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Lender may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and hills,
<br />unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and Lender may aAe LT in
<br />writing at the time of execution of this Dad of 'Trust that interest on the Funds shall he paid to Borrower• and unless such agreement is made or
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