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DEED OF TRUST 85-- -.000973
<br />THIS DEED OF TRUST ("Security Instrument") is made on ............ �5
<br />19 ... V .... The trustor is ... E. Faltin and Leah R. Faltin as husband and ....... .........
<br />... ....................................................................................... — ............... wife I ..................
<br />................ ............................... ("Borrower"). The trustee is ............ F i. v.q ... Fp.i nt
<br />.... ....... �— ank .....................
<br />......................... ...... I ...... I ............... ...................................................................................... ("Trustee"). The beneficiary is
<br />..........................................
<br />Five Points Bank
<br />— ............................ I .......... I ................................................... I... which is organized and existing
<br />under the laws of ............... .............................................. and whose address is ...... N ort
<br />................... .. ...........h
<br />.........................
<br />........ I ................................................................ I ...................... ("Lender").
<br />Borrower owes Lender the principal sum of ........ F!?x.t,y .. ................... ............................... Iir�
<br />............... Dollars (U.S. S...45- 999 ,90 ............ This debt is evidenced by Borrower's note
<br />dated the same date as this Security Inst-ument ("Note"), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on .............. 11axrah.. 1.,.201.5 ..................................................................................................
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />locatedin ....................................... ................................................................................................... County, Nebraska:
<br />Lot 4, Block 9. in Ashton Place Addition to the City
<br />of Grand Island, Hall County, Nebraska
<br />which has the address of � ...... 24 1.3.We.s t... Ch ar I e ';rand Island
<br />Nebraska .......... 688ol i C ty I
<br />I.... ..................... I ....... ("Property Address");
<br />lbp camel
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter apart of the property. All replacements and additions shall also be covered by this Security Instrument, All ofthe
<br />foregoing 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 />and convey the 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 non - uniform covenants with
<br />limited variations by jurisdiction t0con%lilute a uniform security instrument covering real property
<br />UNIFORM COVLNAN TS Borrower and Lender covenant and agree as follows,
<br />I. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall jitonij,jly pas kole1w kill,,
<br />the Principal of and interest on the debt evidenced by the Note and any prepayment and laic charges Lille tividef file Note
<br />?. Fu nch for Taxes and Insurance,, Subject it) applicable law or to it written waiver by 1-.endel, 11orto%%cj shall pay
<br />to Lender on the day firlonthly payments are title tinder the Note, until ;he Note is paid in hill. a Nilin (''I killils ') 4-jillal 1,
<br />oft-twcIfth of: (a) yearly ianci and mkitsilnents which may attain litiolity over this Security Insfillincill, 11)) scarlk
<br />193141110W pa t7i
<br />, YmvtltN or ground reniki (fit the Property, if any (ci yearly hatard Insurance prenutillis, tiltj (41! ,C,llk
<br />monsw insurance premiums, if any. rhe-c items are called "escrow sterns " Lender may VsIsnlafv the t:oflds dtiv ('11 Ifl,-
<br />uv
<br />of current data and reasonable estimates of Infuse ewrow ktcr
<br />The Furkks %hall be held in an m%inution the deposits or accounts of which ;ire lflsllr ed or f;llilf anleed I,% A federal '11
<br />V.&W agency (including Lender of' Lender vi such art Institution) bender Shall allpIv Ilse i ands to pa III" c" 10% It"101
<br />Lender may not charge for holding and applying the Vurld"i, analy'-wifit life account ,t rfil,,inu ihe %, t.—
<br />NXFA R/R4
<br />Set ign I 1)R4A
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