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<br />DEED OF TRUST 86- 142852
<br />OF TRUST esme&this _23rd --day of Mt 1Y
<br />"Tnww.
<br />L '! AlIEND'R. iAACK, A EY AT LAW
<br />-A ,r. a ..rr. t.— iactemr teononAL AAVMM I LOM AMSOCBATM OF OIIAND HU ANO. HE
<br />address
<br />W16k, in consideration of the isidebitedesests herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />*wer of ok, the following described property located in the County of Hal I
<br />FRACTIONAL LOT NINE (9) IN FRACTIONAL BLOCK SIXTEEN (16), IN CHARLES WASHER'S ADDITION
<br />TO THE CITY OF GRAND ISLAND, NEBRASKA AND WASHER'S ANNEX TO FIRST ADDITION, AND ITS
<br />COMPLEMENT, TO -WIT: FRACTIONAL LOT NINE (9), IN FRACTIONAL BLOCK SIX (6), IN WOODBINE
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Rider to the Deed of Trust which is attached hereto and executed on the same day is
<br />hereby incorporated into the mortgage. The Rider shall amend and supplement the covenants
<br />and agreements of this Mortgage as if the Rider was a part thereof.
<br />which has the address of 2008 W. Koenig Grand Island
<br />lisTAEE n (CITY)
<br />Nebraska 68803 _(herein "Property Address "):
<br />(STATE t ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property. and all casements, rights, appurtenances, rents
<br />(subject however to the rights and authorities even herein to Leader to collect and apply such rents), royalties, mineral, oil aced gas rights and
<br />profits, watts, water rights, and water stock, and all fixtures now OF 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) arc herein referred to as the "Property";
<br />TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated __ Mayes. 1986
<br />( h =am•9dote•).intbeprinapalst,mof FIFTEEN THOUSAND DOLLARS AND NO /100 - - - - -- --- - - - - -- Dollars,
<br />with abet thereon, pr for monthly imstalLmm not sooner of principal and interest. with the balance of the indebtedness. if n sootier paid, due
<br />and, ) , , m 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 Test; and the performance of the covenants and
<br />aBrsommis of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lendr
<br />parsuant to paragraph 21 hereof (herein "Future Advances").
<br />Borrower tovemaats that Burrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is admcsmbered. and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands. subject to my declaratiom, asematts or restrictions listed in a schedule of exceptions to coverage in any tide insurance policy
<br />insuring Leader's interest in the Property.
<br />UNIFORM COVENANT& Borrower and lender covenant and agree as follows:
<br />1. Fall of Frbrdpi and Isiormt. Borrower shall promptly pay when due the .principal of and interest on the indebtedness evidenced
<br />by do Hots, prepmyateat wend We charges ea provided is the Neste, and the principal of and interest on any Future Advances secured by this Deed
<br />of Triton.
<br />2. Tfdeiet Tawas ad.bwwmm e. subject to appliabk law or to a written waiver by Leader, Borrower shall pay to Lender on the day
<br />tetstdly'aMallom s o[ principal and interest are payabk under the Note. until the Note is paid in full, a sum (herein "Funds") equal to one -
<br />twdith of tea yearly most and mom mu which may attain priority over this Deed of Trust, and ground rents on the Property. if any, plus one-
<br />twdUth of yearly ptemon intallat mb for heard iamsnm cq plus ate - twelfth of yearly premium installments for mortgage insurance, if any, all
<br />is renoeakiy endowedmiakYy and from mme to tine by Leader on the basis of age atmeau and hills and reasonable atimua thereof.
<br />The Funds shall be MU in as aatitutiom the dap sits or amounts of which are insured or guaranteed by a Federal o state regency (including
<br />Lender 9 Leadw is such as isagimttiom). leader shelf apply the Funds to pay said taxes. assessments. insurance premiums and ground rents.
<br />Leader am no edtmrge for so holding and applying the Funds, anatyang said account or verifying and compiling said assessments gad bills,
<br />era lens, leaser pays Net own merest on the Funds and applicable law permits Lender to make such a charge. Burrower and :.ender may agree in
<br />writing at the not of execution of this 1Daal of Trot that interest on the Funds shall be pact to Borrower, and unless such agreement is made of
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