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fli�A}f+l� Naga W (wain "Lwiar'q soRlto i* ecndaantl in of the hnielnedneae hudn signed an d tie trw here irmnleali4 ors a wd ow" to Trwu, in trust, wO poe of sole the toYorndocribed propy tomW hi theCovmyof HALL State of Nebrasita: LOT FIFTEEN (15) WESTROADS ESTATES FOURTH SUBDIVISION, HALL COUNTY, NEBRASKA. which has the address of 3566 Hillside Drive Grand Island.. (STREET) (CITY) Nebraska 68803 ebercia "Property Address"); (STATE R ZIP CODE) TOGETHER with all the improvements now or hereafter erected on the property. and all easements, rights, appurtenances. rents (sub)ect however to the rights and authorities given heeler to Leader to collect and apply such rents), royalties, mineral, oil and ps rights and profits, water. water rithu. and water stock, and all futtum now or hereafter attached to the property, all of which, including replacements and addition* thereto, shah! be dawned to be and remain a put of the property covered by this Deed of Trust; and all of the foregoio{, tolletha with said property (or the lwasebold estate if this Deed of Trust is on a lesse oid) are herein referred to as the "Property "; TO SECURE to Leader (a) the repayment of the milebtaUtn* evidenced by Borrower's note dated October 1, 1986 (herein "Now"),in the principal =in of Forty Nine Thousand, Two Hundred and no /100------- - - - - -- -Daum, with interest thereon. providing for monthly iassalinswU of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on QC tobe r 1. 2001 ; the paymea of an other sum, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Truett; 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 am has the right to great and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property apiwt all claims and demands, subject to nay declarations, casements or restrictions fisted in a schedule of eaoepdons to coverage in any title insurance policy inuring Leader's interest in the Property. UNIFORM COVENANTS. Borrower and Leader covenant and agree as follows: 1. Ffayeasnl of hiaefpal and basest, Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced by the Note, prepayment and late chwjw as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed or Trust. 2, Fttsti !err Tateee anti bstteanee. Subject to applicable law or to a written waiver by Leader. Borrower shall pay to Leader on the day moWWy imaBAemma of principal and interest we payable under the Note, until the dote is paid in full. a stem OWNia "Pima.•) Opal to 01W twelfth of tee yowly tatter and assessment which may attain priority over this Dad of Trust, and ground rests on the Property. if any. plus one - twelifL of yearly presd— installments for hoard isutarom plus one-twelfth of yeatiy pterdlmm iaNallmap for wAc* a iawrance, if any, all a rewmabiy admaud initially and from rase to time by Leader on the buds of assessments and bills and reasooabk estimates tiersof. The Fab dug be Mid an an bstitudw the deposits or accounts of which are assured or guwaatad by a Federal or state eaeacy (indudiag Leader if Leader is such an institution). Leader shall apply the Funds to pay said texas. assaepaawts. tsuraace premiums and ground rents. Leader may col charge for to holding and applying the Futter. analyth* said amount or verifyieg and compWft said assessments and bilh, umdas I ender pays Sort~ interest on the Fuels and applicable law permits Leader to matte such a charp, Borrower and Lender may agree in writing at Use time of execution of this Deed of Trust that interest on the Fusels shall be paid to Borrower, and unless such agroament W n►ade or