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<br />DEED OF TRUST
<br />TAU" ismed d& 17th —day of Uprpmhpr -
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<br />gcorpOraflOa Or�alltMd sad eaistiaS Yttdsr tees Ines ea[ II0IIANfA whose address Is M ' SOM
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<br />9ORROWM in CowWwadon of the in66wMess Isercin recited and the trust bere w Created, ,rf evOcal* V811" and Convey f to Trustee,
<br />in trust, with power of sak, the foBowiag desaiMd property located in the County of Hal I
<br />State Of Nebraska.
<br />Lot Nineteen (19) IN BLOCK THREE (3) IN OLDE MILL SUBDIVISION, CITY OF GRAND ISLAND
<br />HALL COUNTY, NEBRASKA.
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<br />which has the address of 2710 Stagecoach Road Grand lcland
<br />(STREW (CITY)
<br />Nebraska 68801 therein "Property Address");
<br />(STATE d ZIP CODE)
<br />TOGETHER with all the improvetsxnts now or hereafter erected on the property, and all easements, rights, appurtenances. rents
<br />(subject however to the rights and authorities riven herein to Leader to -Itect and apply such rents). royalties, mineral, oil Mad gas rights and
<br />profits, water, water rights, and water stock, and all futures now or hereafter attached to the property, all of which, including replacements and
<br />additions thereto. shag be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing. together with
<br />said property (or the kwehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ",
<br />TO SECURE to Lo mler (a) the repayment of the indebtedness evidenced by Borrower's note dated December 17 1986
<br />- -- --
<br />( herein "Note "),inibetximcipulsthmof Fort} Six Thousand Five Hundred and 110/100 -- - - - - -- - Dollars,
<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 PaYablee January 1, 2002 - the payment of all other stems,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trout. and the performance of the covenants and
<br />agreements of Borrower herein contained' and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pursuant to paragraph 21 hereof (herein "Future Advances").
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is unencumbered. seed that Borrower will warrant and defend generally the title to the Property against all claim and
<br />demands. subject to any decorations, pmts or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />imurnig Lacer's interest in the Property.
<br />UNIFORM COVENANTS. Borrower aid Leader covenant and agree: as follows:
<br />1. rev of ltMelpal and lebwaet. Borrower shall promptly pay when due the principal of and interest or. the indebtedness evidenced
<br />by the Note. prepsymW sad late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />Of Trust.
<br />2. Fawk Ow Tones ad Lattrawa. Subject to applicabte law or to a written waiver by Lender. Borrower shall pay to ).ender on the day
<br />monthly auaaRe%ea1s of principal stud inurest tee payabk under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one -
<br />twdtth of the yetsly tags and awawans which may attain priority over this Deed of Trust, and ground rents on the Property, if ar_y, plus one -
<br />twetlfth of yearly presas ieuagneats for haawd insurance. plus one - twelfth of yearly preroium installments for mortgage insurance. if any, all
<br />as rasaoeably atNaft" lnus,* and from tome to tape by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />'M Fwvtls shag be Mid in as UNitutim the deposits Of accounts of which are insured or guaranteed by a Federal or %Late oganhcy (including
<br />Lender if Laidw is act an im"utioa). leader ahaA apply the Funds, to pay said taxes, Assessments, insurance premiums and ground rents.
<br />Lender nsay not dwgp for so holm and applying the Furls. aaWyung said account or verifying and compiling said assessments tend bills,
<br />unless Lender pays Borivoin interne on the Funds and applicable law permits Lander to make such a charge. Borrower ana Lender may agree in
<br />witting at the tune of eawAion of this Deed of Trout that interest on the Funds shall be paid 10 Borrower, and unless .uch agreement is made or
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<br />which has the address of 2710 Stagecoach Road Grand lcland
<br />(STREW (CITY)
<br />Nebraska 68801 therein "Property Address");
<br />(STATE d ZIP CODE)
<br />TOGETHER with all the improvetsxnts now or hereafter erected on the property, and all easements, rights, appurtenances. rents
<br />(subject however to the rights and authorities riven herein to Leader to -Itect and apply such rents). royalties, mineral, oil Mad gas rights and
<br />profits, water, water rights, and water stock, and all futures now or hereafter attached to the property, all of which, including replacements and
<br />additions thereto. shag be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing. together with
<br />said property (or the kwehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ",
<br />TO SECURE to Lo mler (a) the repayment of the indebtedness evidenced by Borrower's note dated December 17 1986
<br />- -- --
<br />( herein "Note "),inibetximcipulsthmof Fort} Six Thousand Five Hundred and 110/100 -- - - - - -- - Dollars,
<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 PaYablee January 1, 2002 - the payment of all other stems,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trout. and the performance of the covenants and
<br />agreements of Borrower herein contained' and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pursuant to paragraph 21 hereof (herein "Future Advances").
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is unencumbered. seed that Borrower will warrant and defend generally the title to the Property against all claim and
<br />demands. subject to any decorations, pmts or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />imurnig Lacer's interest in the Property.
<br />UNIFORM COVENANTS. Borrower aid Leader covenant and agree: as follows:
<br />1. rev of ltMelpal and lebwaet. Borrower shall promptly pay when due the principal of and interest or. the indebtedness evidenced
<br />by the Note. prepsymW sad late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />Of Trust.
<br />2. Fawk Ow Tones ad Lattrawa. Subject to applicabte law or to a written waiver by Lender. Borrower shall pay to ).ender on the day
<br />monthly auaaRe%ea1s of principal stud inurest tee payabk under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one -
<br />twdtth of the yetsly tags and awawans which may attain priority over this Deed of Trust, and ground rents on the Property, if ar_y, plus one -
<br />twetlfth of yearly presas ieuagneats for haawd insurance. plus one - twelfth of yearly preroium installments for mortgage insurance. if any, all
<br />as rasaoeably atNaft" lnus,* and from tome to tape by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />'M Fwvtls shag be Mid in as UNitutim the deposits Of accounts of which are insured or guaranteed by a Federal or %Late oganhcy (including
<br />Lender if Laidw is act an im"utioa). leader ahaA apply the Funds, to pay said taxes, Assessments, insurance premiums and ground rents.
<br />Lender nsay not dwgp for so holm and applying the Furls. aaWyung said account or verifying and compiling said assessments tend bills,
<br />unless Lender pays Borivoin interne on the Funds and applicable law permits Lander to make such a charge. Borrower ana Lender may agree in
<br />witting at the tune of eawAion of this Deed of Trout that interest on the Funds shall be paid 10 Borrower, and unless .uch agreement is made or
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