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PENN which has the address of 4317 CZaussen Road E Grand island iST IiE1:T) (CITY) Nebraska 68803 therein "Property Address"); (STATE A up CODE) TOGETHER with all the improvement; now or hereafter erected on the property, and all easements. rights, appurtenances, rents (aabjsct bowww to the rights and authorities gives herein to Leader to collect and apply such rents), royalties, mineral, oil and gas rights and pros. wafer. water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which. including replacements and additions thereto, sbai be deemed to beats remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with said property (or the lemeboid estate if this Deed of Trust is on a leasehold) arc herein referred to as the -Property"; TY)rS 1)BE m Leader (a) the repayment of the indebtedness evidenced by Borrowers note dated Md Y 28, 1986 (basis ,ww% imd1wprism*w sumof TWENTY W THOU5AND5IX HUNDRED FORTY -ONE DOLLARS AND 15113WItirs, weith iatsrwt dmwwa, providing for monthly rents of principal and interest, with the balance of the indebtedness. if not sooner paid, due sad payable on MAY 28- 1226 ; the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Dead of Trust; and the performance of the coveaants and as of Dorrawer herein costaiaed; and (b) the repayment of any future advances. with interest thereon, made to Borrower by Leader persom to paragraph 21 bereof (basin ' `Kure Advances! Borrows oavesaats dot Borrows' is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property. dims the Wit► a wasatsbeneC and that Borrower will warrant and defend generally the tide to the Property against all claim and danands. subject to any deeLratfiom, eaamests or restrictions listed in a schedule of exceptions to coverage in any tick insurance policy ieariatg Landers'aaen+st O the Pfopenty. UNWORN! COMRNAMM Borrcmer and leader covenant and agree at follows: L lfa *MM O hA1dd/d tM taelwwL Borrower shall promptly pay when due the principal of and interest on the indebteduess evidenced by des ?Am* j is awl lose duspet as prs>rided in the Note. and the principal of and interest on any Future Adva wa secured by this Deed of 1Craet: L lhtai Nt TONS Met 01001011M SrbjaM to mtpbc abk Ow or to a written waiver by Leader. Borrower shelf pry to Lead r on the day i asmass" of p msipd acrd Was sa, am paysbie under the Note, until the Node is paid in full. a sum (hereto "Item&") ewluaf to one - of ft yaaeig saes and amommoss which may attaw priority over the Deed of Trent, and ground rests on the Property. if any, plus ono- tww1h of yaady PMMM IMUMMeM fur batard matraaoe, Phu ons- twelfth of Yearly premium notallmaus for mortgage umareswc, if any. an as i We"aabb admW d and frost time so d ws by Leader on the barn of anommmu and bdk and reasonable estimates thereof. The h? ends shalt to bdd.in an issmitudom the isparits or accounts of which are insured or guaranteed by a Federal or Mate agency (including Lender it Leader e, t eb an Lewder shag apply the t cards to pry slid tra . assenments. insuramm premium and ground rents. Lender Way sot 400 for so bddift and appiyOg the Fands, analyzing said account or verifying and compling said assessaienu and NO%. 040",L.A*ft iW% 00e100 ANN* on the FWA4 and appliuMe law permits Leader to make ukh a dMirge. Borrower and Lender act agree io at dims am * of tho Daede of Trw that ' imeromit can tht F shah he paid to Dorn r, aW unknu %whs agiftwemo o n aide