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DEED OF TRUST t962� 8� - 9 01F CHECKED, THIS DEED OF TRUST SECURES FUTURE ADVANCES THIS DEED OF among Cite Grantor, UST is made this 29th rlie P & Heidemarre H A Brown October ^ 19-86 (herein "Borrower "), Vi rct- Amnri pan Ti t-1 P (herein "Trustee -), and the Bcpeficiar, . Cor rat' whore sdd -^cos is treet PO Box 1614 Grand Island, Ne 68802 (herein "Lender'). lie following paragraph preceded by a dwdwd boa is applicable: WHEREAS, Borrower is indebted to Lender in the principal sum of U.S. $ 923J•00 , which indebtedness is evidenced by Borrower's Loan Repayment Agreement dated 10/29/86 and extensions and renewals thereof, including those pursuant to any Renegotiable Rate Agreement, (herein "Note'), providing for monthly installments of principal and interest at the rate specified in the Note (herein "contract rate"), including any adjustments to the amount of payment or the contract rate if that rate is variable, and other charges payable at Lender's address stated above, with the balance of indebtedness, if not sooner paid, dote and payable on 10/29/93 WHEREAS, Borrower is indebted to Lender in the principal sum of S XXX or so much thf as may be advanced pursuant to Borrower's Revolving Loan Agreement dated and extensions and renewals thereof (herein "Note"), providing for a credit limit of S XXX and an initial advance of S XXX _. TO SECURE to Lender the repayment of the indebtedness, including future advances, evidenced by the Note, with interest thereon at the applicable contract rate (including any adjustments to the amount of payment or the conu::u rate if that rate is variable) and other charges; the payment of all other sums, with interest thereon, advanced ir► accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained, Borrower, in consideration of the indebtedness herein recited and the trust herein created, i rere z. ".I grants and conveys to Trustee, in trust, with power of sale, the following described property located in the r osr,y Of Ha T t , State of Nebraska: Lot 21 in Block 1 in Sothman Subdivision to the City of Grand Island, Hall County, Nebrasica which has the address of 915 South Lincoln Grand Island 68801 (Street) - -- w� Yi -- -- -- - - - - -- Nebraska (Zip Code! (herein "Property Address "I: TOGETHER with all the improvement:, now or hereafter erected on the property• and all easements. rights. appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such rents), all of which shall be deemed to be and remain a part of the property covered by this feed of Trust: and all of the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter referred to as the "Pnrpeny." Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property, and that the Property is unencumbered. except for encumbrances of record. Borrower covenant~ that Borrower warrants and will defend generally the title to the Property agamsi all claonos and deman& subject to encumbrances of record. FORM 79%1V "�