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DEED OF TRUST 86-101656
<br />THIS DEED OF TRUST is made this 3- day of April
<br />19 86 amoagtheTiwior, KENNETH E. HT-1 LIGAS ANC RAPIOhA R. HILLIGAS, husband and wife, as o ua
<br />(��" "), AREND R. MACK, ATTORNEY AT LAW enan s an corrnnon
<br />(herein "Trustee "), and the Beneficiary, HOME FEDERAL SAYINGS i LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a ctsrparstion organized and enlisting under the laws of NEBRASKA whose address is ZH SOUTH LOCUST, P. O. BOX 1ooY
<br />GRAND ISLAND, NE IBM (herein "Lender")
<br />BORROWER, in considpsadoo of the indebtedness herein ranted and the trust herein created, irrevocably grants and conveys to Trustee,
<br />intrust, with power of sak, the following described property located in the County of HAI t
<br />State of Nebraska:
<br />LOT THREE (3) HILLIGAS SUBDr'1111510N, IN THE CITY nF GRAND ISLANC), HALL COUNTY, NEBRASKA,
<br />EXCEPTING THEREFROM THE = :; -TE.PLY 106.05' THEREOF.
<br />The Rider to the Geed of Trust ,jhi h is attached hereto and exect:ted cn the same day
<br />is hereby incorporated into e mortgage, The Rider shah amend and supplement the
<br />covenants and agreements of tr,_s r^ort.gage as- if +; to Rider uas ,s cart thereof.
<br />iia 1 -
<br />which has theatSdressof__ Enamel .hand
<br />(STREET) (C)TY) - -- —
<br />Nebraska E9O1 _ "Properry 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 - April 3 , I9 86
<br />therein "Note"), in the principal sum of THIRTY T;J0 THGUSAdO.,.0 JG /_� ------- ---- - - - --- Dollars,
<br />r - - - -- - - - --
<br />with interest theretm, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on _ mar 1, 2005 ; 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 />agreemmils of Borrower herein contained; and (b) the repaytr . 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 sassed of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the ProPetty is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands. subiect to any declarations, eawments or restrictions listed in a schedule of exceptions to coverage `n any tide insurance policy
<br />insuring Leader's interest in the Prope7y.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payossnt of <•tlatlpl Mel I0111hezeat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note. PrWsyment and late charge,, as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />3. lPmm s lee Taaw aisig ittanaoe. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />mosuhly imsat4nl6ts of P"WIPal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to ont-
<br />twelfth of the yearly cases turd assessments which may attain priority over this feed of 'crust, and ground rents on the Property, if any, plus one- #
<br />twelfth of yavty ptmum installments for hazard insurance, plus one - twelfth of yearly premium itutallttents for mortgage insurance, if any, all
<br />at retsaaeably estdmaad initially and from time io time by Lender on the basis of assenments and hills and reasonable vimates thereof. *, .
<br />The Funds stall be held in an institution the deposits or U- Counts of which ate insured or guaranteed by a Federal or state agency t including
<br />lender if Lender is such an institution). Leader %hall attfrly the Funds to pay said taxes, asst5sments, insurance prt9rtiums and ground ants.
<br />I may rte charge for so holding and applying test Funds, anslyring said 6 -count or Verifying and cnmpiding ;std mst and gets And 1 m,.
<br />utatast Lander pays hoxtcwer interest on the Funds and applicable law permits Lender to make such a charge di%frrt�W ei ASHl l ender may agrtt ,n
<br />wt tting at the tilts of eaecutitni of this E *Nl of Tr'List that interest on the Funds %hall hr' paid to H0a141%er, And mle- sigh attrern rni is :Wade sir
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