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DEED OF TRUST 85-. 000908
<br />THIS DEED OF
<br />i9...aS.T The t TRUST ( "Securit Instrument "� is made on ......E. u 8
<br />rustoris [ ?NEY..G., ...JOHNSON „AND Mal. JOHN Y 1
<br />SONt .................
<br />a
<br />........
<br />( "Borrower") Thetrusteeis AREND.R, BAAGK� attorney
<br />................... ...............................
<br />, ( "Truata
<br />OF GRAND ISLAND, QRASKl�,�u )' a is
<br />under the laws of ..............NERRASI ill.... ............................... ztd a� existing ;
<br />and whose add
<br />GRR6JO... I. 5t. ililtQ, ,..NEBElA51f.A ................. rests �rrl, .`�tQUT#�U51,... ..:
<br />Borrower owes Lender the principal sum o}}f��.` UV.E...TR U5AN1?..ElI�.,(�lR /,a,QQ (" r)
<br />', 1 ,,,,..,..•R,1.,i.T.R.,.1„Y.T.rR �T.T.T.lSTT.�ZT. T.T.yylW[.� ••••••••••••••• --- __
<br />(U.S. S..........4,5„0M.Do .... >. This debt is evidenced ..... ore
<br />dated the same date as this Security Instrument ( "Note"), which provides for monthly orrower's note
<br />Paid earlier, due and payable on ........ marrlh ..1...2015 ................... Y Payments. with the frill
<br />debt, if not
<br />This Security Instrument secures to Lender: (a) the
<br />renewals, extensions and modifications b the fepayment of the debt evidenced by the Note, with interest, and all
<br />protect the security of this Security Instrument; and ent of all other sums, with interest, advanced under paragraph 7 to
<br />Purpose. Borrower irrevocably this bl () performance of Borrower's covenants and agreements. For this
<br />.. gt ants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located . ................................................... irreHALL
<br />........................ ............................... County, Nebraska.
<br />LOT SIX (6), IN SADDLE CLUB SUBDIVISION, HALL COUNTY, NEBRASKA
<br />which has the acklrenof ........................3609 Palomino
<br />•••••• i5I •••••... Grand Island
<br />............... ...............................
<br />....... ...............................
<br />ebraska .......... a8aaJ. 1 ... ............................... ( "Property Address "); rcihl
<br />rrs, coat
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />aPPtrnenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a part of the property All replacements and additions shall also be covered by this Security Instrument. All of the
<br />fore;oin9 is referred to in this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />a convey fire Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and nonuniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS Borrower and Lender covenant and agree as follows:
<br />" Payment of Principal and .Interest; Prepayment and Late Charges, Borrower shall promptly pav when due
<br />the Principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />1, Funds fer Taxes and Insurance, Subject to applicable law or to a written waiver by Lender. Borrower shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds") equal to
<br />tft'tweifth Of (a) yearly taxes and assessments which may attain priority over this Security Instrument; (b) leasc'
<br />hold payments of ground rents on the Property, if any; (c) yearly hazard insurance premiums: and (d) yearly
<br />mortgage insurance premiums, if any. These items are called "escrow items." Lender may estimate the Funds due on the
<br />baw of current data and reasonable estimates of future escrow items.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the funds to pay the escrow items.
<br />Lender may not charge for holding and applying the Funds, analyzing the account or serifytng the escrow items, unless
<br />NIF A 9/94
<br />OX'itlrt I gR4A
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