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which has the add reasof 2407 Riverside Drive (serest T�lanri <br />(STREET) (cfTY) <br />Nebraska 68801 ( berein "Property Address "); <br />(STATE & ZIP CODE) <br />TOGETHER with all the improvements now or hereafter erected on the propert_ and all easements, rights, appurtenances. rents <br />(subject however to the tights and authorities given hereto to Leader to collect and apply such rents). royalties, mioerai, oil and gas fights and <br />profits. water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replaoemears and <br />additions thereto, shall be deemed to be and remain a pan of the property covered by this Deed of Then; and all of the foregoing6 together with <br />aid property (of the lemeboid estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property"; <br />TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's Dote dated Spht pmhpr 3O * 1 qR6 <br />( herein „Note"),in the principal sum of FORTY-TWO THOUSAND SEVEN HUNDRFD SIXTY -TWO AND 90/700 - - - -- Dollars. <br />with interest theroon, providing for monthly installments of principal and interest, with the balance of the iodebtedaas, if not iooner paid, due <br />and pay” on Na rch 30 1987 = the payment of all other seems. <br />with interest thereon. advanced in accordance herewith to protect the security of this Dad of Trust; and the perforaam 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 />ptnsuaot to paragraph 21 hereof (herein "Future Advances "). <br />Borrower covenants that Borrower is lawftaly 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 defect generally the tide to the Property against all dais and <br />demands. subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy, <br />Insuring Lender's inert in the Property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. tayaant of pe.n . .aril htanN. Burrower shalt promptly pay when due the principal of and interest on the indebtedness <br />evidenced <br />by the Non, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Dad <br />of TralL <br />3. !reds for Taara art b sntaass. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Lander our the day <br />aeoathly inatalbeb of principal and jades N are payable under the Note, until the Now is paid to full. a am (pain " Funds ") equal 10 one - <br />twdfth of d w yearly team and aaaessseams which my attain priority over this Dad of Treat, and ground hems our the Property, if any, pbts ooe- <br />tWditb of yearly ptranitsa iaNauaenia for basafd i"W*W, plus one - twelfth of yearly pteraiuen installments for aor4pp insurance. if any, AN <br />ar reasonably estimaud initially and tram deer to time by Linder on the basis of assessments and bilk and reasonabk astimates thereof. <br />To Pasts shah be held in an institution the deposits or accounts of which are insured or guaranteed by a Federal or sate agency (including <br />Lender if Linda is aadn an Jostitutic s). Leader shall apply the Funds to pay said taxes, esmsasena, insurance preaMwms and ground snots, <br />Leader aaty not charge for so holding and applying the Funds, wAylh* said account or verifyins and oompihag said asesaments and bills. <br />unless Lender pays Borrower interest oa the Funds and applicable law permits Deader to make such a charge. Borrower and I cancer may agree in <br />writing at the time of execution of this Dead of Trust that interest on the Funds tnW be paid to Borrower, and uakss such agreement in made or <br />