86105287 - Laserfiche WebLink

Browse

DEED OF TRUST 86-"' 105287 which has the "dress of 2225 Viking Road Grand Island (STREET) (CrM Nebraska 68803 (b cm m "Property Address "); (STATE & ZIP CODE) TOGETHER{ with all the improvements now or heft ufter cream an that propermy. and all C&SWICUM TWUS, :eats (subject however to the rights and authorities given neran to Leader to call= and apply such rents), royalties, mircral, cal and gas nghm and profits. water, water rights, and water stock, anc an fixtures now or hereafter attached to the property, allof whicb, including nsphomamsand additions therao, shall be deemed to be and remain a part of the property mined by this Deed of Test; and all of the fig, together with said property (or the leasehold estate if this Deed of Trust is con a leasehold) seam herein referred to as the "Property"; TO SECURE to L ender (a) the repayment of the indebted evidenced by Borrower's tote dated September 11. 19,136 (herein "Note "), in the principal sum of FOUR THOUSAND SEVENTY ONE AND 22 f I00------------------ - - -iyo s. with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedoes, if sort sooner paid, due sndpayabkon -September 2 0. 1991 the payment of all adwssums with interest t hereon, advanced in accordance herewith to protect the security of this Deed of Trust; aid the pedotniaaoe of the cove umn and agreements of Borrower herein contained. and (b) the repayment of any future advances, with interest thereon, made to Bataower by Larder pursuant to paragraph 21 hereof (herein "Future Advances")_ Borrower covenants that Burrower is lawfully seised of the estate barb, conveyed and has the right to grant and Ivey me Property, that the Property is unencumbered, and that Borrower will warrant and defend wily the title to the Property against all claims and demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any Hine rannance poky ruing Larder's interest in the Property_ UNIFORM COVENANTS. Borrower and Lender covrnant and agree as follows: 1. Pay=W of Thiodpl and liteexL Borrower shall promptly pay when due the principal of ant micrest on the indebtamess cvule ced by the Note. prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by das Deed of Trust. 2. Heir for Tares aM Inersom Subject to applicable law or to a written waiver by Leader. Borrower shall pay to I ender on the day aaouthly installments of principal and incest arc payable under the Note, until the Note is paid in hill, a shim (herein "Folds ) epaal ro ose- twdith of the yearly tares and assessments which may attain priority over this Deed of Trust. and ground rem an the Property. if any, plus one- tesditb ofyearly premium installments far hazard insurance. plus one- iwdith of yearly premium instals for =tango imauzuee, if any. an as reasonably estimated initially and from time to time by Lender on the basis of assessments and balls and reasonable estimates dwreof. The Funds shall be held in an institut;on the depous or scomints of which an insured ar guaramtmd by a Federal or stare agency (incloding Lender if Lewder is such an institution). Linda shall apply the Funds to pay said tam, assessments. insurance "pramiu ms and ground rem- Leader may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills, unless Lender pays Borrower interest on the Funds and applicable law permits Louder to make such a charge. fkxTowet and Lando two} agree in writing at the time of execution of thus Deed of Trust that mterem on the Funds shall be paid to Borrower, and unkis such aSremtam a made of