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<br />DEED OF TRUST $5� 000534
<br />THIS DEED OF TRUST is made this 1st day of February
<br />19- .a_,among the Trustor, _DANIEL P. BAKER, unmarried
<br />(fin "grower"), AREND R. BAACK ATTORNEY AT LAW
<br />C,terein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS At LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a corporation organized and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. BOX 1009,
<br />GRAND ISLAND, NE EG.'02 (herein "Lender").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />intrust, with power of sale, the following described property located in the County of HALL
<br />State of Nebraska:
<br />LOT THIRTY NINE (39) IN ISLAND ACRES NO. 7, A SUBDIVISION OF PART OF FRACTIONAL SECTION
<br />SEVEN (7) ALL IN TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />-AND-
<br />LOT FIFTEEN (15), IMPERIAL VILLAGE THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The Rider to the Deed of Trust which is attached hereto and executed on the same day is
<br />hereby incorporated into the mortgage. The Rider shall amend and supplement the covenants
<br />and agreements of this Mortgae as if the Rider was a part thereof.
<br />whiehhastheaddressof 3208 Westside and 1321 North Sheridan Place Grand Island
<br />(STREET) (CITY)
<br />Nebraska 68801 therein "Property Address ");
<br />(STATE & 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 />additions 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 />property said (or the kawhold estate if this teed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated February 1, 1985
<br />(herein "Note ").intheprincipal sum of SIXTY ONE THOUSAND SEVEN HUNDRED AND NO /100------ --- - - - --- s
<br />with interest therein, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on F ebruary_ 1_, 2015 _ _ _.� ; 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 covenants and
<br />aVaments of Borrower herein containeii; 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 />rower COVC111113113 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 unencumlicrod. and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows;
<br />1. Payssonotelf Pirinclisal and InWriail. 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 the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. Fivialls tae Tom mad lastoram. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />monthly histalloarms of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one-
<br />lwvtfth of the yearly taxes mW assestments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one•
<br />twelfth ofywly premium installments for hazard insurance, plus one twelfth of yearly premium installments for mortgage insurance. if any, all
<br />as reasonably estimated initially and front time to thin by Lender on the basis of Assiessments and bills and reasonable estimates thereof.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender if L is such an institution), lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Lender may not charge for so dualding and applying the Funds, analysing �xid account or verifying and compiling said assessments and bills, l
<br />unim Lender pays Bamower interest ten the Funds and applicable law permits (.ender to make such a charge. Ilotrower and Lender may agree in
<br />writing. at the i Into of execution of this Ii4ed of Trust that interest on the Funtis shatI tic paid to Borrower, and unless such agreement is made o
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