|
DEED OF TRUST
<br />THIS DEED OF TRUST is made this 5th day of Sentembei
<br />l9 85 an,,MtheTrmuoc, LOU JAtX DFTSKA TRa AND DEE ANN DETSKA husband a-mid wife --
<br />"Borrower"), ARMD IL'DAAM ATT WW AT LAW
<br />(hmvin .ThWtW —), and the T. MW F L SAVVM & LOAM AW000M OF QPAV Q NE
<br />a ,pecsti�o atalca aderd,ie3as,sa' manAWA wbowsaire sis 321 AMM LOCWT R 0. 9= QOM,
<br />"W MAW 1M MW {Mein " Leader" }.
<br />BORROWER,ineonsideraumofdie aedneni -n recitedandthetrastladencsmaad, 1Vrev0tNW5r=uwindw0 se3110'Tkaatee.
<br />$ mag,. vimpoverafule, the foDowb* desaibaairope ,tyltearoedmfheiommyof HALL
<br />Shmof Mcbruka:
<br />1UT5 THIRTY FIVE (35), THIRTY S =X (36), THIRTY SEVEN (37), THIRTY EIGHT (38) AND TH_RTY
<br />NINE (-599), FRANK BARK'S SUBOIUISTON NUMBER THREE (3), OF PART OF THE EAST HALF OF THE NORTH-
<br />EAST .QUARTER (E 1J2 NE 1;0 OF SECTION TEN (10) TOLNSHIP.ELEVEN (11) NORTH, RANGE N -INE (9)
<br />WEST OF THE STH P.M., HALL COUNTY, NEBRASKA.
<br />-a t
<br />LDT NINE =), BLOCK THREE (3) TN li1ESTERHOFF'IS SECOND SilBUIVISION, HAL.' CO3_Iff Y, GRAM! 7SLAND,
<br />lt��RASK�.
<br />= 1
<br />L.
<br />. _ Z
<br />s 1 i c- 7-'r?-i island
<br />-
<br />which irrsuieaadressof 9 we Sr3n
<br />(STREET) (CITY e
<br />Ne -_raska 5880! therein "'Propem :Address ");
<br />iS TAT. & ZIP COME)
<br />TOCiETiiER with all the improvements now or hereafter erected an the proptrn. and LU emits, rights, appt:r,enaams reins
<br />{subieu however so the rights and authorities given herein to Lender to collect and apply such retxul, royalties. miaaal, oil and Bas rights and
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter artai$nd to the property, ail of which. including replatements 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 proper:, for the ltasehoid estate if this Deed of Trust is an a leasehold) are herein referred to as the "Property";
<br />To SECURE to Lender (a) tut repaymem of tie indebtedness evidenced by Borrower's —dated `Sa a; , r -..RF
<br />(herein ° "Nott "t, it; the principal sum of 7u= NT `" THOUSAND AND ND/120 -- ---------------------- --
<br />with interest thereon, providing for monthly instaAmenu of principal and inter, with the balance of the indebleuncss. ff not sooner paid, due
<br />and payable on Sep' ember 25 1-q0F the payment of all other sums,
<br />with interest thereon. aasanced in accordance hmvwitb to protect the security of this Deed of Trost: 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 />puisuar 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 gencra3ty the title io the Property against aL' cialm and
<br />demands, subject to any declarations. casements or tesstricuous listed in a schedule of exceptions to coverage in any tithe insurance policy
<br />insuring Leader's interest in the Property.
<br />UNIFORM COVENANTS- TS_ Borrower and Lender covenant and agree as foiiows:
<br />1. Paysst of PrIndpal wad laitssaL Borrower shall promptly pay when due the principal of and ;ntesest on the indebtedness evidenced
<br />by the Note, prepayment and late charges as provided in the Note, and the principal of and uxterost on any Future Advances secured by this Deed
<br />of Trust.
<br />2. Feuds for Tama and Inwance. Subject to applicable taw or to a written waiver by lends. Borrower shall pay to Lender an the day
<br />momtbly installments of principal and interest arc payable under the Note, until the Note is paid in full. a sum (herein "Funds") equal to ago-
<br />twelfth of the yearly tared and assessments which may attain priority aver this Deed of Trust, and ground :cats on the Property, if any, phis ono-
<br />twelfth of yearly Premium installments for heard 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 balls and reasonable estimates thereof.
<br />The Funds shall be treed is an institution the deposits or accounts of which are insured or guamic ed by a Federal or state agency (including
<br />Lend= if lender is such an institution). Lender shall apply the Funds to pay said taxes, asaasmectu. insurance premiums and ground tuts.
<br />I ender may am dmatge for so holding and applying the Funds, analyzing said account or verifying and aampalmg said assessm=us and }nits.
<br />usuhss Leader pays Borrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and Lender may agreed m
<br />writing at the time of execution of this Deed of Trust that raterest an the Funds shall be paid to Borrower, and uukss such agreement is made or
<br />
|