86-- 101952
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security instrument ") is made on ......... Atria . t4 . ........ .
<br />19.. 66. The trustor is. .1111t. E. Htffua.aad. Sbir.tft.11. Ntffaa!•, •Iwcbiad• ad, Wife ...................... • .... .
<br />( "Borrower "). The trustee is AMERICAN CHARTER FEDERAL,
<br />SAVINGS AND LOAN ASSOCIATION, 206 S. 13th St., Lincoln, NE 88506 ( "Trustee " }. The beneficiary is
<br />AMERICAN CHARTER FEDERAL SAVINGS AND LOAN ASSOCIATION, which is organized and existing under
<br />the laws of United States of America, whose address is 206 S. 13th St., Lincoln, Nebraska 68508 ( "Lender ").
<br />Borrower owes Lender the principal sum of .. , Fiftx Tvt Wosatd.Tes Btairld..and.4U116G......................
<br />a' ............ . .......Dollars (U.S. 3.............. S2,2QQ.i� This debt is evidenced by Borrowers note
<br />dated the same date as this Security Instrument ( "Note ") which proides for monthly payments, with the full debt,
<br />v
<br />if not paid earlier, due and payable on ....... MIT At. hill ...... ....... . ......
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest,
<br />and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under
<br />paragraph 7 to protect the security of this Security instrument; and (c) the performance of Borrower's covenants
<br />and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale,
<br />the following described property located in ............. Na i 1 . , . _ _ , . • ...... ........... County, Nebraska:
<br />Lot Seveateta (17), it,, Marrlane Subdivision, Nall iouritk,
<br />Nebraska ..................
<br />31(1�. ifir. Y. l2al ................................................... .......... ......
<br />— X istreell (ctY]
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<br />.....rb>>t3ii:l:.l+�..,�.. � (Property Address ");
<br />IZ,p Code]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a par of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security instrument as the "Property."
<br />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 />i{ i fis 4 fs } �ll� t f��t�r�l. �ni ?SAndc vei'&'A1s ftorLr�� orial use and nonuniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />The vadtrsigot4 wires the benefit of the Holiestead Exteptitn is to this debt,
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment or Principal and Interest; Prepayment and Late Charges. Horrower 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 Note.
<br />2. Fumk for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Bon ewer 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•Iwelfth 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 (d) yearly
<br />mortgage insurance premiums, if any. These items are called "escrow items." Lender may estimate the funds due on the
<br />basis of current data and reasonable estimates of future escrow items.
<br />The Funds shall be held in sit institution the deposits or accounts of which are insured or guaranteed by a federal or
<br />state agency (including Lender if tender 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 i1em%, unless
<br />l—ender pays Borrower interest on the Funds and applicable law perrnits Lender to make such a charge Borrower and
<br />Lender may agree to wriling that interest shall he paid on the funds Unless an agrcemcnt i. 111dWC ,rr at j hclbic lay,'
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