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which has the address of 2504 West Anna <br />(SfREETI (CrM <br />Nebraska . 68803 Aheran— Property Address "). <br />(STATE & ZIP CODE) <br />TOGETHER with all the improvements now or hereafter erected on the property. and all easements, two. appurtenances, rents <br />(subject however to the rights and authorities given herein to Leader to collect and apply such rams), royalties. mineral. oil and on rights and <br />profits, water. water rights, and water stock. and an futures now or baattter attached to the property, ag of which, including replaoaac+n and <br />addition thereto, shalt be deemed to be and remain a part of the property covered by this Deed of Trull; dad all of the fooelloiod, tosetYer with <br />sedd property (or the kamboid estate if this Deed of Trust is on a bawhold) are herein referred to as the "Property "; <br />TO SECUM to Lender (a) the repayment of the iadebtedaeaa evidenced by Borrower's now dmad October 6. 1 9 A6 <br />(herein•'NM-).inthepriadpdsumof FOUR THOUSAND EIGHT HUNDRED EIGHTY —NINE &161100 Dollm, <br />with interelt thereon. providing for monthly isssaBmots of principal and interest. with the babsew of the iodebiadaas, if act snorter paid, due <br />and parable oat October 6 1988 ; the payment of all other tahn., <br />with interest thereon. advanced in accordance herewith to protect the security of this Dad of Trust; and the performance of the covagaab and <br />agreements of florroww herein contained; and (b) the mVaymem of any future advances, with interest thereon. made to Sorrowu by Leader <br />pursuant to paragraph 21 hereof (herein "Future Advances"). <br />Borrower covenants that Borrower is lawfully sdscd of the estate hereby conveyed and bas the tight to grant and cWn7 the Property, <br />that the Property is unencumbered, and that Borrower will warrant and defend seaway the title to the Property agwast all calms and <br />demands, subject to day declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title imuranoe policy <br />Insuring Unadar's imere t in the Property. <br />LTNUNORM COVENANTS. Borrower and Leda covenant and agree as follows: <br />1. Farm" eelTsfaeya1 and lamue. Borrowa shall promptly pay when dw the principal of and interest on the indebtedness evidenced <br />by the Nests, prepay nerrt aid late charges as provided in the Note. and the principal of and interest on any Future Advances sexwed by this Dad <br />out Trm. <br />I. Fom6 for Team eat faearaum Subject to appbcable law or to a written waiver by Leader. Bortaww shall pay to Leader oat the day <br />moaM ly imeailmeats o(prindpal and +.rarest are payable under the Note. until the Note it paid in full. a sum (harain "Pa ids') equal to ooe- <br />twdith of the yearly tams aad mania mu which may attain priority ova this Dead or Treat. mad ground teens ram the Property. if nay, plus one- <br />tweak of yearly premiers hwalhawts for barard mawana, plus one - twelfth of yearly pnmhtm iasteiimsets for nortpge iawvaoee, if any, dl <br />as rommeably mummad IsMal)y and from time to these by Leader on the basis of am me aew and bMW and reasonable mimeses thateof. <br />The Pwda shag be bdd is as iastkutioe the deposits or accounts of which ate lantrad err gerarseemid by a Fetderal or state apacy (ietckWiag <br />Lawler if Lesser a each as Watitedon). Leader stall apply the Funds to pay said taxes. a ammaws. himm sae promiums sad grot d reap. <br />LAW* uW dot cMr- for to hoidiag and applying the Funds, aadyaiug saw account or verifying and compiling said ammmdms and bias. <br />wigs Lewder pays Borrower ititwsat on the Funds and appitcable law posits Leedet to nab nhct a charge. Borrower and leader may agree in <br />wtslipg at the time of eatscat" of this Deed of cruet that interest on the Panda AM be paid to Borrower. tape maims such igreesaetht is made or <br />T <br />