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86- 106,236
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this —30th flay of October
<br />1966 among ft Trustor,; W. J. 'Bryan Lacy, Jr. and Wanda J. Lacy... hgsband and. w:'
<br />As Joint Tenants with Right of Survivor (herein "Borrower"), Firslier Bank, Nalionai Asedclatkx
<br />s
<br />(harem rustle %eneficiary, FirsTiier Bank, National Association, Omaha, Nebraska,
<br />corporation organized and existing under the laws of The United States of America, whose address is 170
<br />Famarn Street, Omaha, Nebraska, 68102 -2183 (herein "Lender ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocabl
<br />grants and conveysfo Trustee, in trust, with power of sale, the following described property located in the Count
<br />Of Hall , State of Nebraska:
<br />Lot Five (5), in Block Two (2), in Knickrehm Second Addition to the
<br />City of Grand Island, Hall County, Nebraska
<br />which has the address of 102 East 21st. Street Grand Island
<br />"'Z (sip
<br />Nebraska 68801 (herein "Property Address ");
<br />(ift" -W no cceH
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents (subject however to the rights and authorities given herein to Lender to collect and apply
<br />such rents), royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures
<br />now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be
<br />deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together
<br />with said property (or the leasehold estate if this Deed of Trust is on a leashold) are herein referred to as the
<br />"Property ".
<br />TO SECURE to LENDER (a) the repayment of the indebtedness evidenced by Borrower's note dated
<br />October 30, 1986 (herein "Note"). in the principal sum of Thirteen Thousand Five
<br />Hundred and no,/100 - - - - - - - Dollars, with interest thereon, providing for monthly installments
<br />of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on
<br />November 4, 1991 ; the payment of all other sums, with interest thereon, advanced
<br />in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agreements of Borrower herein contained; and all renewals, extensions and modifications thereof; and (b) the
<br />repaymentof any future advances, with interest in thereon, made to Borrower by Lender pursuant to paragraph 21
<br />hereof (herein "Future Advances "). w
<br />BORROWER covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to
<br />grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend
<br />generally the title to the Property against all claims and demands, subject to any declarations, easements or
<br />restrictions listed in a schedule of exceptions to coverage in any titie.insurance policy insuring Lender's interest
<br />in the Property.
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