86106143 - Laserfiche WebLink

Browse

liORi440VM4 1 ootwfdoeatiot of tMe ed160 iaem iReita tatrlMd sad the trust herein daaaeed, irrevocably gram and convey to Trustee, intimt,06powerof sale. NrofoiOwiogaaaibrdpropettywastediblbecouetyof HALT. , Stale of Nebraska- LOT THREE (3) IN BLOCK TWENTY (20), IN PACKER & BARR'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. which has the address of 240 North Darr (BEET) (Crry) Nebraska 68801 (herein "Property Address "); (STATE AZLP CODE) TOCETMER with all the iugwovaomts now or hereafter erected on the property, and all eascam s, rights, appurtenances. rents (subject however to the rights ad authorities given herein to Leader to collect and apply such rents), royalties. mioerai, oil sad gas rights and profits, water, water ruts, and wader stock. and all fixtures now or heeafter attached to the property, all of which, including replacements and additions thereto, shall be demand to be and remain a part of the propaty covered by this Deed of Tout; and all of the foregoing, together with said property (or the leaaehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property "; TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated 10-90—R6 ( herein "NoW%isthepchicipalsumof ONE THOUSAND SEVEN HUNDRED EIGHTY NINE AND 55/ 100 - - - - -- Dollars, with interest thereon, provkft for moaddy undallmsts of principal and interest. with the balance of the indebtedness. if not sooner paid, due and payaMe an October 20 1988 • the paymtut of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; 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 Leader pursues[ to paragrapi 21 hereof ( berein "Future AdvaacW'). Bottower c*vOmi s that Botrawer a lawfully seised of she estate hereby conveyed and has the right to grant and convey the Property, that the Property is unencumbered. and that Borrower will warrant and defend generally the title to the Property against all claims and danandr. subject to sty declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy ituoritg Lender's interest it the Property. UMFORM COVENANTS. Hotrowes and Lender coventiat and agree as follows: L. Pay arwl of P 1 it and It issmL Betrower shall promptly pay when due the principal of and interest on the indebtedness evidenced by the Note, peapaynsret and We difa - as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed of Trust. 2. lard& far Tit o ad gnawtea. 9abjact to applicable law or to a written waiver by Lender. Borrower shall pay to lssder on the day asoatMy iastailarrtb of principal and itw+ art are payable under the Note. until the Note is paid in full. a sum (herein "Funds ") equal to one - tweifth of tba yealy gases and aarta&kn&nn which may attain priority over this Deed of Trust, and ground rents on the Property. if any. phis one twdm of yearly ytaiaar installments far l a sent iwrraace. plus cae welfth of yearly premium installments for mortgage insurance. if any. all as remosseW east maMd'aids -)and from ties to time by Leader on the basis of assessments and bilk and reasonable estimates thereof. 11w Fwad& dial bg bdd in = i&&dhRiot the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including Larder if Leader is auh an instiwtic" Leader shah apply the Funds to pay said tags, assessments, insurance premiums and ground rents. Leader may amt thags for so bolding and a Vb* the Furls, analyzing said account or verifying and compiling said assessments and bills. ankes Leader pry& Dosrwsrar iOhaart on fit Funds and applicable Law permits lender to make such a charge. Borrower and Lander may agree in writing at the thin of execution of this Dad of Trust that interest on the Funds shall be paid to Borrower, and unless etch agreement is made or