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DEED OF TRUST 86'"' .
<br />in5495
<br />which has the address of 3020 N. Webb Road Grand Island.
<br />MD OF TRUSr is Oak d* 29th dmyot September
<br />Nebraska 68803 (herein "Property Addms");
<br />lq 86 , M2W#tbTnWW, Wilbur L Salmon
<br />TOGETHER with all the improvements now or hereafter erected on the prope -ty, and all easements, rights, appurtataam, rents
<br />(herain'7oerasr�r'7. A ATIW
<br />profits, water. water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including nViaoments and
<br />(hea6t "1 io ta'y, grad the MMli�ry, SAMM i "LOAM', OF
<br />Mt' .
<br />said property (or the lnsebold estate if this Deed of Trust is on a leasehold) we herein referred to as the "Property ";
<br />a M spw LOaw.
<br />AMMO sum `fiM�t (hwain "l andsr")
<br />P, :Q em ML
<br />Owein "Noll "),in the principal sum of thirty Thn„cand =e n0114n __ __ __ _ lea••,
<br />;
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if act sooner paid, due
<br />11D1tROWB1t,;o eonadRatioa d'tis i�dsMadmsi Itwsin tneKat! and tie trot isnM eraatad, irreyneAy g� and conveys �'�o�.
<br />and payable on Rr tnhar 1, 200 1 the payment of all other sums,
<br />in wet. with po+rar of wk, the foBowip dw"164d yrgMtY 11000d ill sae eaMaty of Hal l
<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 Leader
<br />State of Nebraska:
<br />pursuant to paragraph 21 hereof (herein "Future Advances ").
<br />Lot Two (2), B10n Subdivision, Hall County, Nebraska, located in the East
<br />Half of the
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<br />Northeast Quarter, (E1 /2) NE1 /4) of Section One (1). Township Eleven (11)
<br />North,
<br />Range Ten (10) West of the 6th P. M. Hall County, Nebraska.
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<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to gram and convey the Property,
<br />that the Properly is unencumbered. and that Borrower will warrant and defend generally the utk to the Property agaimt all claims and
<br />demands, subject to any declarations, a aser..ents or restrictions listed in a schedule of exceptions to ooverage in any title insurance policy
<br />insuring Lender's intacat in be Property.
<br />UNIFORM COVENANTS. %_v-,owes and Leader covenant and agree as follows:
<br />I. !'yaaant of Prtaetpal and Inasost. Borrower shall promptly pay when due the principal of and interest on the indebtedtws evidenced
<br />by the Note. prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of TYuct.
<br />L f0o& for Ttsw and Inwraaoe. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Leader on the day
<br />monthly installionots of principal and interest are payable under the Note. until the Note is paid in full, a rum (herein "Funds") egual to out-
<br />twelfth of the yearly taxes and wasments which tray attain priority over this Dead of Trust, and pound raps no the Property. it any, plus oar-
<br />twelfth of yearly prmim itrWimeaU for hawd imuratta. plus one - twelfth of yearly praaim intallneau for mortgage insurance. if any. all
<br />as ra merMy tsrimuod initially and from time to time by Lender on the basis of aesesmeots and bills and reasonable estimates thereof.
<br />Tie Funds sW be bdd In an institution the deposits or accounts of which are imared or guaranteed by a Federal or slue agency (including
<br />Leader if l.endor is such an institution). I seeder shall apply the Funds to pay said taxes. apMpamts, iawrance pcomhws and ground razes.
<br />Loader easy not charge for so holding and applying the Funds, anatyztng said account or verifying and oornpiligg said assestatam and bilk.
<br />unkas Lander pays Borrower interest on the Funds and appiic bit law permits Lender to make such a charge. Dotrower and Lender may agree in
<br />writing an the time of execution of this Deed of Trust that interest on the Funds shall be paid to Borrower, gad unless such agreement is made or
<br />which has the address of 3020 N. Webb Road Grand Island.
<br />(STREET) (CITY)
<br />Nebraska 68803 (herein "Property Addms");
<br />(STATE A ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the prope -ty, and all easements, rights, appurtataam, rents
<br />(subject however to the rights and authorities given herein to tender 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 nViaoments and
<br />additx m thereto, shall be deemed to be and remain a part of the property covered by this Deed of TYw; gad all of the foregow& together with
<br />said property (or the lnsebold estate if this Deed of Trust is on a leasehold) we herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated September 29, 1986
<br />Owein "Noll "),in the principal sum of thirty Thn„cand =e n0114n __ __ __ _ lea••,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if act sooner paid, due
<br />and payable on Rr tnhar 1, 200 1 the payment of all other sums,
<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 Leader
<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 gram and convey the Property,
<br />that the Properly is unencumbered. and that Borrower will warrant and defend generally the utk to the Property agaimt all claims and
<br />demands, subject to any declarations, a aser..ents or restrictions listed in a schedule of exceptions to ooverage in any title insurance policy
<br />insuring Lender's intacat in be Property.
<br />UNIFORM COVENANTS. %_v-,owes and Leader covenant and agree as follows:
<br />I. !'yaaant of Prtaetpal and Inasost. Borrower shall promptly pay when due the principal of and interest on the indebtedtws evidenced
<br />by the Note. prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of TYuct.
<br />L f0o& for Ttsw and Inwraaoe. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Leader on the day
<br />monthly installionots of principal and interest are payable under the Note. until the Note is paid in full, a rum (herein "Funds") egual to out-
<br />twelfth of the yearly taxes and wasments which tray attain priority over this Dead of Trust, and pound raps no the Property. it any, plus oar-
<br />twelfth of yearly prmim itrWimeaU for hawd imuratta. plus one - twelfth of yearly praaim intallneau for mortgage insurance. if any. all
<br />as ra merMy tsrimuod initially and from time to time by Lender on the basis of aesesmeots and bills and reasonable estimates thereof.
<br />Tie Funds sW be bdd In an institution the deposits or accounts of which are imared or guaranteed by a Federal or slue agency (including
<br />Leader if l.endor is such an institution). I seeder shall apply the Funds to pay said taxes. apMpamts, iawrance pcomhws and ground razes.
<br />Loader easy not charge for so holding and applying the Funds, anatyztng said account or verifying and oornpiligg said assestatam and bilk.
<br />unkas Lander pays Borrower interest on the Funds and appiic bit law permits Lender to make such a charge. Dotrower and Lender may agree in
<br />writing an the time of execution of this Deed of Trust that interest on the Funds shall be paid to Borrower, gad unless such agreement is made or
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