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8i7141S DEED OF TRUST is molth,
<br />14 � : the Tnnuor,
<br />'n "1Wtr ").
<br />(bacon "T` "), and the Beneficiary,
<br />a corporatim orpoind mW ctrasaing under
<br />(!u
<br />i
<br />DEED OF TRUST
<br />day
<br />rb I.Ic 1s an elel.; Et. t' IQr
<br />BORROWER. in cormideratim of the indebtedness herein recited and the trust herei(pqratf ed,.1 elvocabIy grants and conveys to Trustee,
<br />in trust, with power of sak, the following described property located in the County of
<br />State of Nebraska:
<br />A trac of land comprising all of Lot One (1), Black One, Rep.lat of Riverside Acres,
<br />and Addition to the City of Grand Island, rail County, Pdebiaska; and a tract of !.and
<br />comprising a part of the Southwest Quarter of the Northeast Quarter (SW4'NE4) of Section
<br />Twenty Eight (28), Township Eleven (11) North, Range Nine (9) West of the 6th P.(f.,
<br />in Grand Island,Hall County, Nebraska, more particularly described as follows=: Beginning
<br />at the southeast corner of LotOne (11), Block One (1), Replat of Riverside Acres, and
<br />addition to theCity of ',rand Island, hJebraska; thence suutherly alen-- the east line
<br />of said Lot One ;1), if extended, a distance of Eleven (11,0) feet; thence deflecting
<br />right 55 degrees 53' 41st and running outhwesterly, a distance of One Hundred eight
<br />and Fifty Five Hundredths (108.55) feet to, a pJln`, rjrt the westerly line Cif said Lot
<br />One (1), if extended; thence northwesterly aior:o tfte westerly line of said Lot One (11),
<br />if extended, a distance of Four (' +.C") fret to .hP_ lithwest :crner ;o saic Lot One (1);
<br />thence northeasterly along the southerly line r;f said One i , a distance of One
<br />Hundred Fifteen (115.0) feet to the place
<br />whichhzs:heaadressof__ 607 Stage,- �cech Roo =..---- -------- _ - - - - -_ -rani T ion
<br />(STREET) (CITY)
<br />Nebraska 68801 (herein "Property Address ");
<br />(STATE fir. ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents
<br />(subject however to the rights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil 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 />a6ditions thereto, shall 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 />;aid 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 repayrptent pf }the r debtgdness evidenced b7' Sorrpwyit, s note dated
<br />ig y ix susanc anc, ru ; 1 - ,U --------------------------- Dollars,
<br />therein "Note "), in the principal sum of ------_—_____--`—_--
<br />with intent thereon, ovidi for tt}pr�tYy installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on �ebrurlry _uU �° -' —°— - -° - -- -- -- - °-- - -° the payment of all other sums,
<br />tTa
<br />with interest thereon, advanced 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 (b) the repayment of any future adaances, 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, and that Borrower will warrant and defend generally the title to the Property against all daims and
<br />subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />itrsurfir4 Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Paymad of sod Interest. Borrower shall promptly pay e,hen due site principal of and imcrr;,t on the indebtedness evidenced
<br />by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any i�uturc Advances secured by this Deed
<br />of Trust..
<br />2. Fun& f4w Tam md Isawtance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />Italy, i 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 tam and assessments which may attain priority over this Lined of l rust, and ground rents on the Property, if any, plus onc-
<br />twdfth of yearly preaguen miasillments for hawd insurance, plus orte- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />am riongreably estimated insuaBy said from Its to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />the FwxU sW be held to an rMoraticc time deposits or accounts of which ace insured or guaranteed by a Federal of state agency (inciuding
<br />Leader if I.: is h an m attution). L shall apply the Funds to pay said taxer, asicsatayents, "muratt::e prennutns gild ground rents.
<br />&,coda may not tharp for sit holding and applying the Funds, analyzing said account or vcnfving anal conipilitu; taald assessments and hills,
<br />WdOW4 t 100frowtar ttaterrSt cut the Vu ,and a#ypitt;ahie law tV1 tn,as I e<ndCl to make such a : hdtse. W14WAV canal i ender ntay agree tit
<br />wTmos N the lime of c etc t of this Oretiol I start that -enter ,,a on Jv l und, shail tv paid to =atuwst anal eankm% such atitrearicifl ss made of
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