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NINETEEN (19), IN SCARFF'S ADDITION TO WEST LAWN IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. which has the address of 9307 Wpct 1Rrh crrn t Grnnd TQIna i (STREET) (CFM Nebraska 68803 therein "Property Address"). (STATE d: ZIP CODE) TOGETHER with all the unprovemmu now or haeatter erected on the property, and all easements. rights. appurteaawes, rents ( subject however to the rights and authorities given herein to Leader to collect and apply such rents), royalties. numeral, oil and tiro rights tied profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which. including; replacements and aMdons thereto. shill be detsaed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing. together with said property (or the leasehold esttue if this Deed of Trust is on a kmehold) are berein referred to as the "Property''; TO SECURE to tender (a) the repayment of the indebtedness evidenced by Borrower's note dated DP_ Pmt 8 , V)86 (haVin•'Note "),intieptiodpdmmof TWENTY FIVE THOUSAND AND NO'llnn with interest thereon. p mvK%gfor monthly installments of principal NO interest, with the balance of the indebtedness, if not sooner Maid, due and pay ble on Tanta r y 1- 1997 ; the payaaent of aY other suast, with intavat thaeon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenmnta mad agreement of Borrower herein'cointained; and (b) the repayment of any future advances, with interest thereon. made to Borrower by lender pursuant to perapaph 21 hereof (herein "Future Advamcet "). Borrower cov®mats that Borrower is lawfndy nited of the estate hereby conveyed and has the right to grant and convey the Property. that the Property is tmeoamsbwed, and that Borrower will warrant and defend generally the title to the Property against all denims and dennembi subject to any dsi3aretions, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy innesingiamdea's nearest in Property. UNIFORM COVB 4WM. Borrower and leader covemant and epee as follows: g,; l!gamnt sCltlmefpl mmi Lswaat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced by the Noss; pnWayemet and Les charges in provided in the Note. and the principal of and interest on any Future Advances secured by this Dad of Trust: 2. iPltmi far Tanne and Immanent. Subject to applicable law or to a written waiver by Lender. Borrower shill pay w Lander on the deny soomdtgi.iesaiia nest of ptimdpml and' tt ese are payable under the Note, until the Note is paid is hill. a sum (herein "F1mds ") OWAd to ono- tw dith of tie yeady tanes said attast®etw whidi stay attain priority over this Deed of Trust, aced ground feats on the Property, if troy. plus ono- tweBdt'ofyasdy:pe..ittrt iONmYeetau for board insurance. plus one- tweiitb of yearly prandume installments for mortgage insurame, If my, all a, asdnmaed imiW9y and ftoas them to time by Lends on the basis of aaesmmints and bilk and reasonable ettimam thereof. The Fonds d" be held in an inedbition die deposits or accounts of which at immured or guaranteed by a Federal or state agamcy (including Leader if Leader it seek le botitathoN). Lender apply the Funds to pry said taaat. smarm uts, insurance premiums and pound rants . l amdar WM sot ttk - , for so heidittd mad applying tine Funds, aaslyaiog said account or verifying and compiling said assessments and bills, union Leader payt Borrower taw~ on the Fumds and applicable lam permits Lender to make such a charge. Borrower and Leader may agree in writing at the time of emeationof this Dead of Trust that interest at the Funds shall be paid to Borrower, and unless such apeemast is a made or 4