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I
<br />DEED OF TRUST
<br />THIS DEi b OF TRUST is made this 20th day of August
<br />19 06 ,amongtheTrustor, FRANK J MARTINEZ AND DONTTA E fLARTINEZ, Itt� S `bind r3Cisf_3atif
<br />(herein "Burrower "), LUEBS, DOWDINti SELTZER, L'EININGER, SMITH,, I HUSICK ATTORNirVS
<br />( herein" Trustee "),andthellenefciary, HOME FEDERAL SAV0413S At LOAN ASSOCIATION tiF GRANbr, ISLAND, HE
<br />a cbtporation organited and i listing under the laws of , NEBRASKA whose address is M. SLII)TFI 'tOCifSf _h O " $OX fflOA "
<br />"ti' RAND ISLAND Nlr eem . (herein - ender ).
<br />BORROWER, in consideration of the indebtedness herein recited and the trust liereincreated, irrevocably grants and conveys to Ttiistee,
<br />in trust, with power of sale, the following described property located in the County of - 14ALL
<br />Sta*oFNebraska:
<br />" (1"), BLOCK TWENTY—FOUR (24), PACKER AND BARR'"S SECOND ADDITIO
<br />LOT ONE N AND PART'OF,
<br />BLAKE STREET, ALL IN`THE CITY OF GRAND ISLAND, MALL COUNTY.-NEBRASKA..
<br />� T
<br />T
<br />�h t
<br />.ryp n
<br />which has the address of,- _f�f t i.ts1 ial'and Tcl—t
<br />Nebraska 68803 _ (traein "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 />addtuorts thereto. shah be deemed to be and remain a par of the property covered by this Deed of Trust: and all of the foregoing, together with
<br />said property (or the leaschotd estate if this Deed of Trust is on leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repayment o€ the indebtedness evidenced by.Borrower's note dated __ AligtiS t 203, 19RS
<br />( herein "Note "). in the principal sum of _ =ETY -TW(l AND 071100 - -- -- - - -- -DoE.
<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 _ the payment of all other suns,
<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, casements or restrictions listed in a schedule of exceptions to coverage in any title insurance pviicy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENAWTS. Borrower and Lender covenant and agree as fol lows:
<br />1. Payment of PAnipal acid Interest. Borrower shall promptly pay when due the principal of and interest on the 'indebtedness evidenced
<br />by the *tote, prepayment and We charges as provided in the Note, and the principal of and interest or. any Future Advances secured by this Deed
<br />of Trust,
<br />2. Foods for Tam sent iaaamoce. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to tender on the day
<br />monthly installments of principal and interest are payable under the Note, until the Note is paid in lull, 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 />twelfth of yearly premium installments for hazard insurance, plus one- twelfth of yearly premium installments i'or mortgage insurance, if any, all
<br />as reasonably estimated initially and from time to tune by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a Federal L.r state agency t1nclU0)T', t
<br />Lender if Lenticr is such an instnution). tender shall apply the Funds to pity said taxes, asseisments, Insurance premiums and ground rew,
<br />tender may not rlta.rge for so holding and applying the Funds, analyzing said UT;ount or verifying anti corapr8ng said ;T sSrmnuinu ana tells,
<br />unless Lender pays Bcir'rower tnteresl alt: slic Funds atui splibcable I i'l permitc Lender to make iu�h a charge_ iiorrowar and t_en let svta3 a€tiec rr.
<br />writing at the tense of execution of Itus licetl of Tlust that inteteit_ C.It the fundl §ha11 i', Paid 'k, Itortowet, and ur.IC,re iii, ih &p','ee:i -mn ,S l:Mzttic , -,
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