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whose address is
<br />i ��Lender „),
<br />idebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />ibed property located in the County of Hal 1
<br />a■zrvt t�■ar■s■ ■:
<br />ALL OF FRACTIONAL LOT THREE (3), AND ALL THAT PART OF FRACTIONAL LOT TWENTY THREE (23),
<br />WHICH LIES WESTERLY OF THE PROLONGED EASTERLY BOUNDARY LINE OF SAID FRACTIONAL LOT THREE
<br />(3), ALL BEING IN FRACTIONAL BLOCK EIGHTEEN (18), IN ASHTON PLACE, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL.COUNTY, 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 2fing w- (STREE (CITY)
<br />Nebraska 68803 (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 January 30. 1986
<br />(harm "Note% in the principal sum of THIRTY THOUSAND DOLLARS AND NO /100 ---------------- - - - - -- 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 payable on February 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 />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 />demands, subject to any declarations, easements 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 />I. Psy of lslrrlpal said Irlanat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, propaymertt amd We charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. Fads for Tttass aril laarratsoa. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />monthly inamllments 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 twelfth of yearly premium installmients for hued insurance, plus one-twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably enin a w initially and from time to time by Lender on the basis of assessments and bills and reawnable estimates thereof.
<br />The Funds a" be held in an Institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<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 w holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills,
<br />unless Lender pays 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 ?rust that Interest oat i tie Funds .hall he paid to Borrower, and unless such agreement is made or
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