1
<br />DEED OF TRUST
<br />Inside this 31st day of
<br />ss-i 104P,80
<br />= am cusung umaer tine laws of NE5Rl13RA wbose address is 221 SOUTH'. LOCUST, P. O SOX 1001
<br />D. NE SO= (herein "Lender ")
<br />in consideration of the indebtedness herein recited and the trust herein crated, irrevocably grants and conveys to Trustee,
<br />f sale, "the following described property located in the County of HAI I
<br />A TRACT OF LAND IN THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NW4NE' 14) OF SECTION TWENTY -
<br />NINE (29), IN TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE SIXTH P.M., MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING, AT A POINT 33.0 FEET WEST AND 601.1 FEET SOUTH OF
<br />THE NORTHEAST CORNER OF SUCH NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NW ;.iNE ); THENCE RUNNING
<br />WESTERLY AND PARALLEL TO THE NORTH LINE OF SUCH NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NW-4NE4),
<br />A DISTANCE OF 150.0 FEET; THENCE NORTHERLY AND PARALLEL TO THE EAST BOUNDARY OF SUCH SECTION A DIS-
<br />TANCE OF 90.0 FEET; THENCE EASTERLY AND PARALLEL TO THE NORTH BOUNDARY OF SUCH SECTION A DISTANCE
<br />OF 150.0 FEET; THENCE SOUTHERLY AND PARALLEL TO THE EAST LINE OF SUCH SECTION A DISTANCE OF 90.0
<br />FEET, TO THE POINT OF BEGINNING;
<br />AND, LOT EIGHT (8) AND THE EASTERLY TEN FEET (10') OF LOT SEVEN (7), BLOCK TWO(2) IN
<br />SECOND ADDITION TO HOLCOMB'S HIGHWAY HOMES SUBDIVISION, LOCATED ON A PART OF THE NORTHEAST
<br />QUARTER OF THE NORTHEAST QUARTER (NE4NE' -) OF SECTION TWENTY -EIGHT (28), TOWNSHIP ELEVEN (11),
<br />NORTH, RANGE NINE (9) WEST OF THE 6TH P -M.
<br />which has the address of 2120 South Blaine f'ranri Tclanri
<br />(STREET) (CITY)
<br />flahra e ka 6sm _ (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 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) are herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated .1111 V 41 , 1 �8b
<br />(herein "Note"), in the principal sum of FTFTY Ff111R THOINANn AND r10/1n0_ Dollars,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on ne,gi e r 1 , 9of1 t ; the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of 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 21 hereof (herein "Future Advances ").
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant 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 />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1- layeenrat of lrlaclgal said Interest. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. F"& for Taxes and Irssraace. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />monthly installments of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one-
<br />twelfth of the yearly taxes and assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one -
<br />twelftb of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium installments for mortgage insurance, if any• all
<br />as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funds shall be field in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender if Leader is such an institution). Lender stall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Lender may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and hilh,
<br />unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such it charge. Borrower and tender may agree in
<br />writing at the time of execution of this Deed of Trust that interest on the Funds shall be paid to Borrower, and unless su, h agreement rs made or
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