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DEED OF TRUST 85-.e <br />THIS DEED OF TRUST is made this... 22n0 ................. day of ..February.............. , <br />19::$5: among the 7:rustor. $tanle_y. M.. .11141110m and .Eva. L.. Kituings .......................... <br />. (herein "Borrower") .............................. . <br />T1,cQz.T1I:1A ,mur8ilCe. C. onp4uy ........................... (herein "Trustee "), and the Beneficiary. <br />Security. Fairific .Financle. ,Corporation ........................... . a corporation organized and <br />existing under the laws of ..the. state .of. Nebraska .............................................. <br />whose address is .... 332.3x. W.. Capital.,, Grand. Island, Nebraska ............................... <br />..... ............................... I .............................. (herein "Lender "). <br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants <br />and conveys to Trustee, in trust, with power of sale, the following described property located in the County of <br />............ Hal.1. ........................... State of Nebraska: <br />The Westerly Forty Seven Feet (47) of Lot Three (3), Block Two (2), <br />AXT and Hagge's Addition to the City of Grand Island, Hall County, Nebraska. <br />which has the address of ...... 209. E.. Division- Grand. Island .. ............................... . <br />IS!rer!I �Grll <br />Nebraska ......48801 ................ (herein "Property Address"); <br />I1LD Lcdei <br />`Io?tkrlwk with all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances and rents (subject however to the. rights and authorities given herein to Lender W collect and apply such <br />rents), al] of which shall be deemed to be and remain it part of the property covered by this Deed of Trust: and all of <br />the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are <br />hereinafter referred to as the "Property ": <br />TO SE(uw, to lxnder the repayment of the indebtednes:; evidenced by Borrower's note dated ................ . <br />.2122185 .............. I ......... and extensions and renewals thereof (herein "Note"). in the principal stint of <br />U.S. S 4461.85 • • • .. with interest thereon, providing for nlonihly installments of principal and <br />interest, with the balance of the indebtedness, il'not sooner paid. due and payable on ..2/.27/89 • • .......... <br />the payment of all other turns, with interest thereon, advanced in accordance herewith to protect the %ccurity o1 this <br />Deed of 1 rust: and the per lonnance off fie covenants and agreements of Burrower herein sonGaiucd. <br />Borrower ctivenanis that Borrower is, lawfully seised (11 tile estate hereby colikoed and has the right Ill graltl and <br />convey the Property, and Ihat the Property is unencumbered, except hit encllillbra11ces (,1 lecord. l3ornmer coeYmants <br />that Borrower warrants and will defend generally the Title IU the Properly igalliq .111 Clailtls alld delllarld%. Subject of <br />encumbrances of record. <br />UNIT -ORM COVF..NAN'IS. Borrower and Lender covenant and agree a% follows: <br />I. Payment of l"Amlpal and Interest. Burrower shall promptly pay when duc the principal and mictest <br />indebtedness evidenced by the Note and lute charges as provided in the Note. <br />2. Funds for Taxes and Insurance. Subi(,ct to applicable Taw' (1l I %%I itle11 %k,mcr 1,t I t-mler, Bormi%vi %)bill pay Ill <br />Lender on the (lay monthly payolcrus t)f principal and iruert'st me pavablc 11mlcl the Now' 1111111 the Note is paid <br />in full. if sum Ihercin "Funds ") cyual to one IwClllh (it the cearly Iaxcs and assesstne11ls 011r111dulg tom l 'fill nnn11 :m,l <br />planned unit flevelopment assess"wIlIs, it a11yl "flub stay altain priurlty over this Ihcd of 11liq, ;anti ground 10111% on <br />the I'rr,l;erty. if ably, plus onerlwell'th of yearly ptVillmin installnle11l, I'll hanard nlslira11:e, l,fus one nt6fill tat rctark <br />pfcmiut11 irl %tallittcwx fi,r mortgage in%uranee, it ally. all x, fv'Ieun,lblc C%tiII1,11 l initially x1 d from 1111x• it, lime b% <br />],ender oll life basis ul :aasr, esnle'rlls and 1,111% .11141 reamma lilt, (sum,ues IhPfe(,I. 6tor1 „wer sl!:a,l u„( 1,( „1,1!e',(lrt9 1„ make <br />suer) I(ayll le 11 IN( f Irnnds t.. LerldeI In the c.ttoIll that It, Iruwer ttlakc, , 11, i, Ilatnlcnl, 1., the II ,It I"t ,d 1,1 nn nua!kagv m <br />decd e•f iftw it %uch h( +Idcr r, an !n %ltlu11ohal lendcr <br />.n <br />_._ <br />MiRRKSKK( �! , r. c�Eta tuFac aaratlaM Issrseslel! <br />,Md' ti, fYk�9 <br />