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0 86-- 102480 Township Eleven (1 1) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska and in part of Lots one (1), Two (2) and Three (3), Block Four (4) voitle's Addition all in the city of Grand Island, Hall County, Nebraska. Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof; including, but not limited to, heating and cooling equipmenc and such personal property that is attached to the improvements so as to constitute a fixture; all of which, including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust and all of the foregoing being referred to herein as the "Property ". This Deed of Trust, shall secure (a) the payment of the principal sum and interest evidenced by BORROWER's note dated 51'3 ��• having a maturity date of June 15, 1991 in the original principal amount of $41,000.00 and any and all modifications, extensions and renewals thereof or thereto and any and all future advances and readvances hereunder pursuant to one or more promissory notes (herein called "Note "); (b) the payment of other sums advanced by LENDER to protect the security of this Deed of Trust, with interest thereon as provided in the Note; and (c) the performance of all covenants and agreements of BORROWER set forth herein. BORROWER, to protect the security of this Deed of Trust, covenants and agrees with LENDER as follows: 1. Payment of Principal and Interest. BORROWER shall promptly pay when due the principal of and interest on, and any fees or charges provided in, the Note or in this Deed of Trust. 2. Title. BORROWER is the owner of the Property, has the right and authority to convey the Property, and warrants that the lien created hereby is a first and prior lien on the Property, except as may otherwise be set forth herein, and the execution and delivery of this Deed of Trust does not violate any contract or other obligation to which BORROWER is subject. 3. Taxes, Assessments. To pay when due all taxes, special assessments and all other charges against the Property and, upon written demand by LENDER, to pay to LENDER such amount as may he sufficient to enable the LENDER to pay such taxes, assessments or other charges as they become due. -2- u i J