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DEED OF TRUST
<br />T DEED t TRUST a tlta aara
<br />19
<br />,,HIS '�dmT�. Rory jernes an Lori jernes, Husband and Wife
<br />(heteia ••h2nrro ►er'•), AFMD R. SAACK, ATTORNEY AT LAW
<br />(hereigi-Triastite). and the Beneficiary, NOME FOVAL SAVMU It LOAN Atiti0C111TON OF MAN% NE
<br />a corporation organized and eusting tinder the laps of ► wbore address a M SCUM cocusT. P. 0. BOX JIM
<br />ono WIuwo, W MBOZ Meryin "Les aer'l.
<br />MOWER, ut consideration of the indebtemwas btaxiu recited and the past berm trwtea, irrevoc wy greats and cosy to Trustee,
<br />in trust, with vow— of s ale, the following described property toeated in the county of Hall
<br />State of Nebraska:
<br />The South One Hundred Eighty
<br />Sixty Six and eight Tenths
<br />of the Northeast Quarter of
<br />in Grand Island, Hall County,
<br />three and Four Tenth Feet (183.4') of the North Three Hundred
<br />(366.8) feet of Lot wine (9) in Geer Subdivision being part
<br />section 9, Township 11 North, Range 9 West of the 6th P.M.,
<br />Nebraska.
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, trots
<br />(subject however to the rights and authorities given herein to Lender to collect and apply such rents). royalties, mineral, al and gas rights and
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />additions thereto, shall be deemed to be and remain a pan of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated December 22, 1986
<br />(herein `°Note "),in the principal sum of Nineteen Thousand, Six Hundred and no /100----------------- ikears,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payer on Jan ua r v 1 2002 ; the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust, and the performance of the ce-,eants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by fender
<br />pursuant to paragraph 21 hereof (herein "Future Advances").
<br />Borrower covenants that Borrower is !awfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1, la;mwt of Iteintipl acid [asaeaL Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and late charges as provided in tie Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. funds fair Times send Immanence. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to fender on the day
<br />monthly iau of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one-
<br />twelfth of the yearly taxes and assessments which may attain priorty over this Deed of Trust, and ground rents on the Property, if any. plus one-
<br />twelfth of yewty prtinium histalimmts for hasard insurance, plus ore- twelfth of yearly premium installments for mortgage insurance. if any, all
<br />as reasonably wis mated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />TAr Fads shall be held is an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender if Lender is swA an institution). Lender shall apply the Funds to pay said taxes, assessments. insurance premiums and ground rents.
<br />!.ender may not charge lot so holding and applying the Funds, arslyang said account nr verifying and comtuling said assessments and bills,
<br />unless Lender pays Borrower interest on the Funds and applicable taw permits Lender to inahe such a charge- Wwrower and Lender may agree in
<br />writing at the tine of execution of this Deed of Trust that interest our the Funds shah he pod to PAwowcr, and unions such agreement is made or
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<br />794 East 20th
<br />Grand Island
<br />hick has the address of
<br />(STREET)
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<br />(CIT1)
<br />Nebraska 68801
<br />(herein "Property Address "):
<br />(STATE & ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, trots
<br />(subject however to the rights and authorities given herein to Lender to collect and apply such rents). royalties, mineral, al and gas rights and
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />additions thereto, shall be deemed to be and remain a pan of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated December 22, 1986
<br />(herein `°Note "),in the principal sum of Nineteen Thousand, Six Hundred and no /100----------------- ikears,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payer on Jan ua r v 1 2002 ; the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust, and the performance of the ce-,eants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by fender
<br />pursuant to paragraph 21 hereof (herein "Future Advances").
<br />Borrower covenants that Borrower is !awfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1, la;mwt of Iteintipl acid [asaeaL Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and late charges as provided in tie Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. funds fair Times send Immanence. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to fender on the day
<br />monthly iau of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one-
<br />twelfth of the yearly taxes and assessments which may attain priorty over this Deed of Trust, and ground rents on the Property, if any. plus one-
<br />twelfth of yewty prtinium histalimmts for hasard insurance, plus ore- twelfth of yearly premium installments for mortgage insurance. if any, all
<br />as reasonably wis mated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />TAr Fads shall be held is an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender if Lender is swA an institution). Lender shall apply the Funds to pay said taxes, assessments. insurance premiums and ground rents.
<br />!.ender may not charge lot so holding and applying the Funds, arslyang said account nr verifying and comtuling said assessments and bills,
<br />unless Lender pays Borrower interest on the Funds and applicable taw permits Lender to inahe such a charge- Wwrower and Lender may agree in
<br />writing at the tine of execution of this Deed of Trust that interest our the Funds shah he pod to PAwowcr, and unions such agreement is made or
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