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13) B which has the address of 2904 West Hancock Place (,rand lcland (STREET) (CITY) Nebraska 68803 (herein "Property Address "); (STATE t 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 fixtures now or hereafter attached to the property, all of which, including replacements and 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 said property (or the leasehold estate if this Deed of Taut is on a leasehold) are herein ref erred to as the "Property "; TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated Augu c t 1. 1986 (herein "Note "),in the principal sum of THIRTY THOUSAND AND NOj 100 ------------------------- ------ Dollars, with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not stoner paid, due and payable on August 1. 2001 ; the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advances "). Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and demands, subject to any declarations, casements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's Worms in the Property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. pay of Pdodpal aai Inlsnat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced by the Note, preMymens and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Dad of Tnut. 2. Vmb 1w Tasty sail luaramee. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day monthly imgaWmemts of principal anti interest arc payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one- twelfth of the yearly taxes and assessments which may attain priority over this Dad of Trust, and ground rents on the Property, if any, plus one- twelfth of yearly premiums itMaihaents for hazard insurance, plus one - twelfth of yearly premium instalments for mortgage insurance, if any. all as reasonably aseimaled initially and from time to time by Leader on the basis of assessments and bills and reasonable estimates thereof. The Fumds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including Lender if Lender is such an institution). Loader shall apply the Funds to pay said taxes, assessments. insurance premiums and ground rents. Larder may trot charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and hills. unless Leader pays Borrower imaest on the Fuads and applicable law permits Lender to make such a charge. Borrower and Lender may agree in writing at the time of execution of this Decd of Trust that interest on the Funds shall be paid to Borrower, and unless such agreement is made or