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DEED OF TRUST $$ - . 100482
<br />DEED OF TRUST is Made this 29th day of 1 nuary
<br />moaS the I TreMtor, ARwhin sa_ IRLACK_ ATMRNEYAT LAW '
<br />0�1AlID "NL`JIii14. UE` N� (h«ein,- a,mdmr••):
<br />W$R; is coroidtration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />iatris,4 what pwwir of seek, the following described property located in the County of Hall
<br />LOT THREE (3), IN BLOCK EIGHT (8), OF ROLLINS ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The Rider to the Deed of Trush 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_ Grand Island
<br />(STREET) (CITY)
<br />Nebraska 68801 (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 />additiom 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 January 29 1986
<br />(h,Cin..NM.,).intWpfl0dpvs,mof EIGHTEEN THOUSAND DOLLARS AND NO /100 ------------ - - - - -- Dollars,
<br />with interest thereon, Wovidmi for monthly instalments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
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<br />and pay, ebruary 1, 2001 ; 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 />agreetneAts 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 caste 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 />demands, sttbOd to any declarations,. easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />inswing Leader's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />L Pagnanw1011P-1 oil 1 611111 IstMUL Borrower shall promptly Pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, ptepaytsest and lase charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Treat.
<br />2. tssis for Tams: ad lsssrsssa. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />mom* htMadotpts of priscipal and lateral are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to on--
<br />twelfth of da yearly tow and assesaneats which may attain priority over this Deed of Trust, and ground rents on the Property. if any. plus one -
<br />twditY of yearly prowum i istallt ends for hazard insurance, plus ow-twelfth of yearly pranium installments for mortgage insurance, if any, all
<br />as reasosabhy aMilnated WdaUy and from tisx to time by Lender on the stasis of assessments and bills and reasonable estimates thereof.
<br />The Ftmds shall be bdd in an institution the deposits or accounts of which are insured or guaranteed by a Federal or sate agency (including
<br />Louder if Lender is such an Institution). Leader shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Leader may not charge for so hoiding end applying the Funds, analyzing said account or verifying and compiling said assessments and bills,
<br />unless Leader pays Borrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and Lender may Agra in
<br />writing at the time of execution of this Deed of Trust that interest on the Funds shall he paid to Borrower, and unless such agreement is made or
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