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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is [Wade this 9t day of May
<br />19 86 among anTrustor, WILBUR R ROBERTS AND RAMONA 1 RORFRTS HIISRANO AND WTEE
<br />(herein "Borrower'), AMEND R. SAACK ATTORNEY AT LAW
<br />(herein "Trustee "), and the Beneficiary, NOME FEDERAL SAVINM R LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a corporation organiand and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. BOX 1000,
<br />GMNO 141—LAND, HE 0 (herein "Le ndW ).
<br />BORROWER, in consideration of the indeMedrss herein recited and the trust herein crated, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in the County of H
<br />Sate of Nebraska:
<br />LOTS TWELVE (12) AND THIRTEEN (13), OF GEER SUBDIVISION OF LOTS SIX (6), SEVEN (7), AND
<br />EIGHT (8) OF GARRETT'S SUBDIVISION OF PART OF THE EAST HALF (E' -z) OF SECTION NINE (9),
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6tH P.M., HALL COUNTY, NEBRASKA
<br />EXCEPT FOR THE SOUTH SIXTY (60) FEET OF THE NORTH FOUR HUNDRED TWENTY SIX AND EIGHT TENTHS
<br />(426.8) FEET OF LOTS TWELVE (12), AND THIRTEEN (13), IN GEER SUBDIVISION CONVEYED TO THE CITY
<br />OF GRAND ISLAND FOR STREET PURPOSES AS SHOWN AT BOOK 139 OF DEEDS AT PAGE 394 OF RECORDS
<br />OF THE REGISTER OF DEEDS OF HALL COUNTY, NEBRASKA, AND EXCEPT FOR THE SOUTH TWENTY FIVE (25)
<br />FEET OF SAID LOTS TWELVE (12) AND THIRTEEN (13) ALSO PREVIOUSLY CONVEYED TO THE CITY OF GRAND
<br />ISLAND.
<br />which has the address of 579 E. Capital AVP_F Grand Tcland
<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 />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 Marl, 1986
<br />(herein "Note "),intheprincipal sum of EIGHTEEN THOUSAND D011_ARS AND NO /lflfl ____ _____________ 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 June 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 cevenants 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 Leader's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Psymsol of lrlar*x1 ani INeest. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and late 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. Floods for Teas and Inswasice. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />monthly installments 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 yearly premium installments for hazard insurance, plus one- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funds stud) 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 Leader is such an institution). Leader shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Lender may not charge for so holdicg and applying the Funds, analyzing said account or verifying and compiling said assessments and bills,
<br />unim Lender pays Bmro*er interest on the Funds and applicable law permits Lender to make such a charge. Burrower and t ender may agree to
<br />writing at the time of execution of this need of 'I rust that interest stn the Funds shall he paid to Borrower, and un!r^s such agreement is made of
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<br />which has the address of 579 E. Capital AVP_F Grand Tcland
<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 />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 Marl, 1986
<br />(herein "Note "),intheprincipal sum of EIGHTEEN THOUSAND D011_ARS AND NO /lflfl ____ _____________ 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 June 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 cevenants 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 Leader's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Psymsol of lrlar*x1 ani INeest. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and late 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. Floods for Teas and Inswasice. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />monthly installments 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 yearly premium installments for hazard insurance, plus one- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funds stud) 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 Leader is such an institution). Leader shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Lender may not charge for so holdicg and applying the Funds, analyzing said account or verifying and compiling said assessments and bills,
<br />unim Lender pays Bmro*er interest on the Funds and applicable law permits Lender to make such a charge. Burrower and t ender may agree to
<br />writing at the time of execution of this need of 'I rust that interest stn the Funds shall he paid to Borrower, and un!r^s such agreement is made of
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