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DEED OF TRUST
<br />�a
<br />001426
<br />THIS DEED OF TRUST is made this _ 27th day of march
<br />19_ aS - ,amongtheTrustor, RICHARD JAMES CATRON AND LAUONNE MARIE CATRON, husband and wife
<br />(herein "Borrower "), AREND R. BAACK ATTORNEY AT LAW
<br />(herein "Trustee "), and the Beneficiary, HOME FEDERAL SAYINGS i 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 1W9
<br />GRAND ISLAND NE (herein "Lender ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in the County of HALL
<br />State of Nebraska: —
<br />LOT TWENTY ONE (21), CAPITAL HEIGHTS SEVENTH SUBOi I 1,5TON, HALL COUNTY, NEBRASKA.
<br />which has the address of 258 i,iizora
<br />- - --
<br />(CITY)
<br />-- -- --- ---------- - - - - -_
<br />(STATE d ZIP
<br />- (herein "Property Address''); COUE.D
<br />TOGETHER with all the improvements now or hereafter erec•ed on the property, and all easemems, rights, appurtenances, rents
<br />Isubject 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 io 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 />said property (or "he teasehtxld estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property";
<br />TO SECURE. to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated
<br />(herein "Note "), in the principal sum of _ =�
<br />�t' Ti{ i-
<br />withinterestthereon. - - Principal _dinterest, ` -- - -- - - - - - - - - -- - -- - -- -Dollars,
<br />IErovidjng for monthly installrncnts of and interest, with the balance of file indebtedness, if not sooner paid, due
<br />and {usable an -__ ..- -- -._ __. t_ i �� ' -' �j ;_��
<br />with interest thereon, advanced in accords ce herewith to protect the ses unry of this Decd of Trust; and the the payment of all other sums,
<br />agrecracrits of Borrower herein contained; and (bi the repayment of any future advances, with interest thereon( made to tBorlrower by bender
<br />Pursuant to paragraph 21 hcrcof(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 again n
<br />against all claims ad
<br />demands, subject to any declarations. easements or restrictions listed in a schedule of exceptions to coverage in any title insur
<br />insuring Lender's interest in the Property, ance policy
<br />UNIFORM COVENANTS. Borrower and fender covenant and agree as follows:
<br />1' Pay of F Inferem. Borrower shall promptly pay when due file principal of and interest on the tildehI dne.s evidenced
<br />try the t. prepa 1 mid tateCharges as provided in the Note, and the principal of and interest on any future Advances secured by this I)Ced
<br />of Trust.
<br />2' F for T lmewswe. Subject to applicable law or to a written waiver by Lender, Borrower shall pay fn Lender on the day
<br />monthly installments of principal and micte[t are payable under life Note, until the Note is paid in full, a stint therein "funds ") equal to one
<br />twelfth of the yearly taxes and assessments whic)t may attain priority over this Deed of T'ru.gt, and ground rents oil the Property, if any, plus one
<br />rwsjfih of YCMIY picutum installments for hazard insurance, plus one - twelfth of yearly premium inatallntems for mortgage Insurance, it anv, all
<br />as teasonabiy estimated innivally and from timc to time by Lender on the basis of assessments and bills and reasonable estimates thereof
<br />9111 finds shall he held In an institution the alcp(mis or accounts of which are insured or guaranteed by a federal or state agency (including
<br />1 mater if I.ertdef is such ail Institution). Lendet shall apply the I hods to pa§' *aid taxes, assessmeius, insurance prentfunu and ground rents.
<br />1 ender "eav not charge for sir holding and appllving life funds, analyrmg ,aid account or scritying and conlPlhng seal asscssanents and hilts,
<br />=iniess Lemter pays Iicrrrower Interest non the funds and appiecalyle law Perintrs 's ender In "take .,,. h a charge Forrower and I.emler tilm agree I,
<br />-wing at the [title of execution of thin bred of f cost that Interest in the i nncls 'toll
<br />l he Paid to Ilortower. Mid antes+ v+_h agreement I, made ,
<br />17121:
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