|
•=ru l
<br />AND LOAN 'A55ULIAI lury ur un,ow � A•••••, - - --
<br />ailrq address is 221,South Locust Street, P. 0. Box 1009, Grand Island, ras a
<br />i valuable consideration, Trustor irrevocably grants,.
<br />transfers, can and
<br />to, Trustee, in trust, with power of sale, for the benefit and security of Bene-
<br />under and subject to the terms' and conditions of this Deed of Trust,; the fol-
<br />described property, located in Hall County, Nebraska, to -wit:
<br />E`(1)`LABELINDO SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL`COUNTY, NEBRASKA.
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways,
<br />easements, rights, privileges and appurtenances reversionstand ttheeremaindersnthereof, includ-
<br />y way pertaining
<br />thereto, and the rents, issues, profits,
<br />ing all such personal property that is attached to the improvements so as to constitute
<br />a fixture, all of which, including replacements and additions thereto, are hereby de-
<br />clared to be a part of the real estate conveyed in trust hereby, it being agreed that
<br />all of the foregoing shall be hereinafter referred to as the "Property."
<br />FOR THE PURPOSE OF 5ECURING:
<br />(a) the payment of indebtedno5 s evidenced by Trustor's note of even date herewith
<br />in, the principal sum of Fourty Four Thousand Two Hundred Fiftyr and no�1o0- -- ---_ —
<br />($ 44,250.00 ), together with the balance °fw th interest at the rated sooner
<br />or rates
<br />paid, due and payable on AUQUSt 1 , 200E
<br />provided therein., along with the payment of all other sums, with interest thereon.,
<br />advanced in accordance herewith to protect the security of this Deed of Trust,
<br />together with the principal and interest on any future advance as evidenced by
<br />promissory rotes stating they are secured hereby, and any and all renewals, modifi-
<br />cations and extensions of such rotes, both principal and interest on the notes
<br />being payable in accordance with the terms set forth therein, which by this refer-
<br />ence is hereby made a part hereof. The holder hereof shall have the option to
<br />accelerate the maturity of the note for which this mortgage is given as security,
<br />at any time after the -0- loan year after first giving the undersigned or
<br />the then owner of the premises described herein a written notice three months
<br />in advance of its inert to do so. At no time shall the principal amount of the
<br />indebtedness secured by this Deed of Trust, not including sums advanced in accord-
<br />ance herewith to protect tte security of the Deed of Trust, exceed the original
<br />amount of the rote plus $ -0-
<br />,b) the performance of each agreement and covenant of Trustor herein contained;
<br />and
<br />(c) the payment of any sum or sums of' money which may be hereafter paid or advanced
<br />by Beneficiary under the terms ofthis Deed of Trust, together with interest thereon
<br />at the rate provided in the rote.
<br />T� protect the security of this Deed of Trust, Trustor hereby covenants and ?grew
<br />fui;cws:
<br />�J
<br />
|