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I <br />DEED OF TRUST 85-001760 <br />THIS DEED OF TRUST ( "Security Instrument ") is made on ..........April 11,,,,,,,,, <br />........................... <br />••8Fs.... The trustor is . JEFF. RE. Y.. .3_..L1t10LAftQ..ANL1..Af11f11. U1QlA.AftR.,..huSbr��d..3Pd..W.1 f � ........ ............................... <br />.......... <br />...... ..................................... ............................... (..Borrower "). The trustee is A REND.. R ....B.88M ... a.u.mogy........... <br />................................................................................................................. ............................... ( "'Trustee "). The beneficiary is <br />t:tClt�..E.EQUAI AAMIN95..dt..1.Q.AN..A.. �IG�. NT. ZRN... QF.. JPRAN0 ...�- %8RQ .................... which is organized and existing <br />under the laws of ...................N ERR)M 8 .... ...................................... and whose address is 721..SJIUZH..i. QGIJST............... <br />GRANa..SSL 9AID,..PZBRP a1KA........... 68801 ............................................................................. ............................... ( "Lender "). <br />Borrower owes Lender the principal sum of ... 1WENT. X.. NI NE..TJMUS111!{CI..S.L1C..Hu1mR D .AND..1u0 %1DQR,, ..T.T "RR.RRRR <br />--':- r�--- z-- ---- .- .--- -.---- .- .- - - -. -- Dollars( U. S.$ 29 . &O..X ............. ). This debt is evidenced b Borrower's note <br />dated the same date as this Security nstrument 'Note" which provides for monthly y <br />Y ("Note"), p y payments, with the full debt, if not <br />paid earlier, done and payable on .......... May ... 1... 22,1 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 .......................... _HALL ............................................................................................................ County, Nebraska: <br />WESTERLY SIXTY FEET (601) OF FRACTIONAL LOT SEVEN (7), BLOCK ONE HUNDRED THIRTY -SEVEN <br />(137), OF THE UNION PACIFIC RAILWAY COMPANY'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA, AND ITS COMPLEMENT TO -WIT: FRACTIONAL LOT EIGHT (8), IN BLOCK <br />FOUR (4) OF RUSSEL WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />which has the address of ............................308 West 8th Street Grand Islard <br />.............. ............................... • .......... .............................., <br />[Street] [c-al <br />N • ............ 6880. 1 . ............................... ( "Property Address"); <br />(zip coca) <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances, 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 />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 to constitute a uniform security instrument covering real property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal and Interest; Prepayment and fate Charges. Borrower shall promptly pay when due <br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges duc under the Note. <br />2. Funds for 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 />one-twelfth of: (a) yearly taxes and assessments which may attain priority over this Security Instrument; (b) yearly <br />leaschold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums: and (d) yearly <br />rrxtrt insurance premiums, if any. These items are called "escrow items." lender may estimate the Funds due on the <br />baits 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 %rnfying the escrow itenis. unless <br />NTFA 8/94 <br />14(;471 <br />