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1 DEED OF TRUST gs„ 103731 is Mate this I s t _ day of AREND A. QAAM ATT NOME FEDMU SAYIMS A LOAF kr tie laws of Ng_M whose address tdduvian of On indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee, the following described property located in the County of Hall Lot Fifteen (15), R & B 2nd Subdivision. which has the address of— 4076 7n j a I-an. - Grand -i s l a Ad i --- .I RrET} (CITY) Nebraska 68803 _(herein Property Address"); (STATE A ZIP CODE) TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents (subject however to the rights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all futures now or hereafter attached to the property, all of which, including replacements and addilio0s thereto, shalt be deesssed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with aid property (or thehasehold cute if this Deed of Trust is on a leasehoid) are herein referred to as the "Property "; TO SECURE to Lender (a) the rerpsymetu of the indebtedness evidenced by Borrower's note dated July 1, 1986 Movis- Nose- %intheprinciptIsumof Four Thousand Two Hundred Five and 95 /100----------- - - - - -- Dears, with interest thereon. providing for monthly installmeots of principal and interest, with the balance of the indebtedness, if not sootier paid, due and payee an July 9, 1990 _ ; the paymew of all other sums, with hsteseat thereat, advanced in accordamx herewith to protect the security of this Deed of Trust; and the performance of the covenants and ssf*nbaets of Borrower herein contained; and (b) the repayment of any future advarica, with interest thereon, made to Borrower by Lender pursnast to pntiegrapi 21 hereof (herein "Future Advances "). Borrowerooveamw that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property, that the Property is usescumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and dntewds, wtbject to tmy dedaradons, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy haearing Leader's interest la the Property. UNIFORM COVENAMS. Borrow and Lender covenant and agree as follows: 1. tagssnt of Pelaeigoel sad Wass. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced by tie MM. preplyfsaa and less charges as provided in the Note. and the principal of and interest on any Future Advances secured by this Deed srrTtmt. L V1006 far TnMr said fatsntstaar. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day 000&b bWAVI asrt of peiwoipai and iatuxest are payable under the Note, until the Note is paid in full, a sum (herein "Funds) equal to one- tat ilidt of the yearly tam aid assessaents which may aruin priority over this Deed of Trust, and ground tents on the Property, if any, plus one- 10410th of yearly preeitas iustaSttueats for heard insurance, plus out-twelfth of yearly premium installments for mortgage insurance, i f any, all ateteerdaably eee)nued (tiitiatly and fraw Buse to tine by Lender on the hauls of aswessmahts and bills and reasonable estftnates thereof. TiePtiosds anal be hold is tM immucios the deposits at accouters of which ere insured or guaranteed by a Federal or state agency (including LOMW if Lander is wed► as (mtitution). Leader shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents Latadat NW nor charge for No hWAing sail appying the Funds, "yring said ismount of verifying and compiling said assessments and bills. useless Lander Osiya •orrotver' ipiMW nth The Funds std applicable law pemtts Lender to make such a charge. Borrower and lender may agree it +Ming 0 the tWw of tisom on of etas Does! of Trust that interest on the Funds she)) be paid to litk rower. and unit as such sareement is made or I