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Lot Six (6), Block Eleven (11), in Charles Warmer's Addition to the City of - Grand - Island; Hall County, Nebraska. which has the address of 1522 West Koenig Street Grand Island (STREET) (Crry) Nebraska 68801 OWein "Property AddreW'l; (SrATEAZIPCODE) TO(,STMEt.R with all doe imlimesnts now or hereafter erected on the property, and all easements, rights. appurtessamm, rents (subject however to the rights and authorities given heron to Lends to collect and apply such rents), royalties. m mrai, oil and gas rights and profits, water, warner rights, gad water stock, and all fixtures now or hereafter attached to the property, all of which. including replacements and additioes thereto, shad be det'ed to be and temaii a part of the property covered by this Deed of Trost; and all of the foregoing, together with said propmty(or the Imehoid estate if this Deed of Trust is on a Iwehoid) are herein referred to as the "Property"; ToSEcu ltEtoEmdw( a) thergwymmtoftheiadebtedisnsevidencedbyBorrowc 'snotedated October 20, 1986 (herein" NoW%intleepriidpaiwsof THIRTY FIVE THOUSAND AND NO /100------------------ - - - - -- molars, with' thveoa, peovidiang for monthly iasta0®eMS of principal and interest, with the balance of the indebtedness, , if not sooner paid, due gad payebic an November 1. 2001 ; the payment of an other sums, with into tha moo. advanced iaacconlime herewith to protect the security of this Deed of Trust; and the perfmas ice of the covenants and a@mmmts of Htetouwr balder caMaintd; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Linda patreutoparataph211Mrwof(heseio "FsRnreAdvaaoa "). Horsowes eovana4 that Botrowa is hrwfWly seised of the estate hereby conveyed and has the right to grant and convey the Property, that the Psopty -is wtaaaaaaheteC and that Illmowes will warrant and defend generally the tide to the Property against all claims and densede, subject" to atsy dacaralions, anrenem or restrictions listed in a schedule of exceptions to coverage in any title insurance policy irwrim mdoesitsearaRistheProperty. LROPOM COVENANTS. Sosrowm aid Les dercoveoant and agm as follows: L PatNeae titatPeliripal and ImbouL Darrower shall promptly pay when due the papal of and interest on the indebtedness evidenced bythe Nos, I m naemmd hen dligr asp. in the Dote, and the principal of and interest on any Future Advances secured by this Dad of Trsttt L lnMrNr lanes atwl litbtiraoa. 9nbjm to applicable law or to a written waives by Lender, Borrower shall pay to I eiders on the dray moMMY iietelMtnatte d ptihotpai -id inlraeK au pg�ibie under the Note, until the Note is paid in full, a sum (herein "FmW I equal to ono- itaeUth 0f 1ha yeesrly hiss irad aeesemeW rthk! fiery attain priority over this Deed of Trust, and ground rents on the Property, if any, phi ono- twelft of ymV peamiim bMWIMMU for haaard bWWMoe, plus one- twelfth of yearly pFVMkitam installments for mortgage insurance. if any, an K marbly eetMlMedieiYelly and from time to time by Lender on the basis of asammts and bills and rwombie estimates thereof. `Ilse Pmft AM be bO is ins itrtitudoa the depodis or accounts of which are in u vd or guaranteed by a Federal or state agency (including Leader if -Lmml e';it multan iiMipMioi). Lanier dnli apply the Funds to pay said taxes, assessments, insurance praaums and ground rents. Landes may tat for soloWiig aid appiyiig the Funds. analyzing said account or verifying and compiling said assessments and bills. thaw Leader pays Sorrowes ismrmt on the Ftrids and applicable law permits lender to make such a charge. Borrower and Lender may agree in writing an the time of immution of this Deed of Trent that interest on the Funds shall be paid to Borrower. and unit" such agreement is made or