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... a. x ''
<br />ss_ 1033
<br />DEED OF TRUST
<br />vi;fra r�vrne�n�rirr:. �.�.� � 7Qtr• _ y..-e :.. 1.....,..: ..
<br />SOERROrVERR,
<br />in" comiN ra dm of the indebteduesshaeda recited and the trust herein created, t7evoC�bly grants7l cOtdt lyi to lYWlae,
<br />io trmt, whb power of sale_. the followi.rg described property loaned in the County of Wall
<br />96tcof Nebraska:
<br />LOT SIXTEEN (16), BLOCK ONE. M . IN SOUTHERN ACRES ADDITION TO THE CITY OF
<br />which has the address of 2512 Cochin Avenue Grand Island
<br />(STREET) (CIM
<br />Nebraska 58801 (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 rennin a part of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said property (a the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property' ;
<br />TO SECURE to Leader (a) the repa t of the indebtedness evidenced by Borrower's note dated June 18, 1986
<br />FFFTY FOUR THOUSAND DOLLARS AND NO /100 -------- - - - - --
<br />(bereitt "Note "), in the principal sum of --- Dollars,
<br />with lateral thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payrlble on July 1st, 2016 ; the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of Lids Deed o. Trust; and the performance of the covenants 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 2, Httwf (herein "Future Advances ").
<br />Borrower covenant that Borrower is lawfully seised of the estate hereby conveyed and has the right to Sant 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 />deands, 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 COVE iiAMM Borrower and Lender covenant and agree as follows:
<br />1. Ftgtaent d Ir ad InWaL Borrower shalt promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepsymemt and We durpts as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trwt,
<br />2. Fmm b tat Tense am limeaeamea. Subject.to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />mae tty iaahYaaw of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one
<br />twdith of the yearly taxes and aaauamts whit& may attain priority over this Decd of Trust, and ground rents on the Property, if any, pits one -
<br />twoUlh of "early gtwtiaw installments for hazard insurance, plus onatwdRh of yearly premium installments for mortgage insurance. if any, all
<br />ai rwonably abased initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Fttadsshell be held Ism is dustion the depodu or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lenders if Lower is.snah as imtitud"). Lender shall apply the Funds to pay said taxes. assessments. insurance premiums and ground rents.
<br />Leader sea+ riot charge for so holding and applying the Fands, anatyaog said account or verifying and compiling said assessments and bills,
<br />uaime 14WK pays Borrower hNereet on the Fantle and applicable law permits Larder to make such a charge. Borrower and Lender may agree in
<br />writes at the that of enecution of this Deed of T=M that interest on the Funds shall be paid to Borrower, and unless such agreement is made or
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