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s DEED OF TRUST 85�'• 001709 THIS DEED OF TRUST ( "Security Instrument ") is made on .... PF? 1... °..� ................... FF 19..85..... The trustor ... ............................... ........................................ ............................... "Borrower"). The trustee is Y Norwest Bank Grand Island Na�ional Association .........." " " "" "�" ................................. a.......................................... ............................... "Trustee "). The beneficiary is ' .�9T.T?RRC...$�lA�:.G� and „3��.and,,.,Nat�onal „Association ................ which is organized and existing under the laws of...kht3..iJAJf;pJ..�f~4X g..gf..AMRrU.a. ......... and whose address is ......Ng.. Welig.. 7JJrd..S;;.......... .............. Grand..L3.1 td,...Nebrablta,.....b880.1. Borrower owes Lender the principal sum of ,...�tt;;ty.- �rigkt... {144tS Af).. 2lfd ..A?4��9QXh3? ................ . ("Lender"). �. dated the same date as this Security Instrument ("Note"), which provides form monthly pa is evidenced by Borrower's note paid earlier, due and p Y payments, with the foil debt, if not ' payable on .............. MaR... 1..... zAd. 5........................... ............................... This Security instrument secures to Lender: (a) the repayment of the debt evidenced by Cite Note, with interest, and ail renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced un..:r paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property tlocated in ........................... U411 ............................. .....I... County, Nebraska: The Nortnerly Twenty =seven (N271) of Lot Thirteen (13),and Lot Eleven (11) excepting the Northerly Eighteen (N18) Feet thereof, all in Block Seven (7), in University Place, an Addition to the City of Grand Island, Hall County, Nebraska. which has the address of ....... X08.. ? ?.e.. Kowa ;7.5( ...... n ..... . ........... .............................. .... ...��. ;Atit1... 1P.7, aid . ............................... Nebraska ti8801 tcityl ............. .....................I......... („Property Address "); TOGETHER WITH all the impro:asnents now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is (awfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and nonuniform covenants with limited variations by jurisdiclion to constitute a uniform security instrument covering real property. UNIFORM COVENANTS Borrower and Lender covenant and agree as follows: 1• P111Y111111111111 of Principal and Interest; Prepayment and Late Charges. Botrower shall promptly pay when due the principal of and interest on the debt evidenced by the Note and any prepayment arid late charges due under the Note. a. Fu for Taxes and Insurance. Subject to applicable law or to a writleri waiver by Lender, Horiower shall pay to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a Stitt ( "funds ") equal to twelfth of: (a) yearly taxes and assessments which may attain priority over this Security fnstrument; {b) yearly Payments or ground rents on the Property, if any; (c) yearly hazard it pI IlistI' : and tdf yearly ge insurance ptemiunts, if ally, "Illese ilents are coiled "cserow items." Lender may esthnate the l "unds title ors the basiiref current data and f easorlittile estimates of future escrow items. The Funds shall be held in an institution the deposits or accounts (if which are insured of Ruarantred hr a federal lit P state ag y (including lender if Lender is such an fnsliltltiorr). (..ender 4ha1! appiv the 1Moods to ;lay file escrow items I may not charge for holding and applying Cite Funds, analyx.inx tltf account to rrrfltna Etta r5rrnis itrnn, unless uirA 9/94 i#,orI 1413 4 A