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R. BAACK, Attorney at Law,;. hereinatter
<br />mailing address is P. 0.' Boz 790, Grand Island, Nebraska 68802; and HOME FEDERAL
<br />GS AND LOAN "iASSDGIATIDN ,GRAND ISLAND, hereinafter referred to.as "Beneficiary,"
<br />9, "Grand Island, Nebraska
<br />mailing address is 221 South Locust Street, P. 0. Box 100
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and
<br />,ns to °Trustee, in trust, with power of sale, for the benefit and security .of Bene -
<br />ry, under and subject to the terms and conditions of this Deed of Trust, the fol
<br />g described property, located in'iaT7 County, Nebraska, to -wit:
<br />Lots One (1), Six (6), Seven (7), Ten (10) and Eleven (11) Warren Subdivision
<br />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 located thereon or in any way pertaining
<br />thereto, and the rents, issues, profits, reversions and the remainders thereof, includ-
<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 SECURING:
<br />(a) the payment of indebtedness evidenced by Trustor's note of even date herewith
<br />in the principal sum of nun HIINnRFn CTXTY TOQJlcatin 0ni i Mr, un t,nnnn--------------
<br />($ 16n_ non _nn ) , together with the balance of such indebtedness, if not sooner
<br />paid, due and payable on A„g,ict .1, , with interest at the rate or rates
<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 notes stating they are secured hereby, and any and all renewals, modifi-
<br />cations and extensions of such notes, 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 intent 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 note 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 note.
<br />To protect the security of this Deed of Trust., Trustor hereby covenants and agrees
<br />as follows:
<br />h."
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