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DEED OF TRUST
<br />5WAM 001992
<br />THIS DEED OF TRUST is made this day of Aaril
<br />Grain "Borrower "), 119 119 among the Trustor, R A R h an an f
<br />AREND R. BAACK ATTORNEY AT LAW
<br />(herein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS A LOAN ASSOCIATION OF pRANO- ISLANO NE
<br />a corporation organized and existing under the laws of NEBRASKA whose address is xis SOUTH LOCUST P O, BOX DON
<br />GRAND ISLAND NE 611d102 (herein "Lender"),
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trwee,
<br />in trust, with power of sak, the following described property located in the County of _ HALL
<br />State of Nebraska:
<br />Lots Twenty (20), and Twenty One (21), in Block Twenty (20), in Ashton Place, an Addition
<br />to the City of Grand Island, Hall County, Nebraska AND Fractional Lots Nineteen (19)
<br />and Eighteen (18) in Block Twenty (20) in Ashton Place, an Addition to the City of Grand
<br />Island, Hall County, Nebraska, also Know as Lot f=ive and One Half (5 112) in Block Ten
<br />(10), in f7iorrill's Addition to the City of Grand Island, Hall County, Nebraska.
<br />which has the address
<br />(CITY)
<br />"Property Address");
<br />(STATE & ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents
<br />(subject 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 to 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 Dead of Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this Deed of Trust is on a leasehold) arc herein referred to as the "Property ";
<br />To SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated A r i i
<br />(herein "Note "), in the principal sum of ...I!1dF:
<br />with interest thereon, providing for monthly nstallments of 4)ollars,
<br />Y principa! and interest, with the balance of the indebtedness, if not sooner paid, due
<br />andpayableon -
<br />`'.' ® °.._.._._._...._ the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />Pursuant to paragraph 21 hereof (herein "future Advances ").
<br />that rower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />the Property is unencumbered. and that Borrower will warrant and defend ,generally the title to the Property against all claims and
<br />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring 's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and tender covenant and agree as follows:
<br />" raymW Of FrIsKIP111111 ttutd halt ml- Borrower shall promptly pay when duct lie principal of and interest on the indebtedness evidenced
<br />by the None, i repaYment and late charges as provided in the Note, and the principal of and interest on any future Advances secured by this Dccd
<br />of Trust,
<br />2- F"6 for Tom mW taiw1ralce. Subject to applicable law or to a written waiver by bender. Borrower shall pay to i ender on the day
<br />monthly installments of principal anti interest are payable under the Note. until the Note is paid in full, a sum (herein - Funds -) equal ter one,
<br />twelfth of the YearlY taxes and . sment% which may attain priority over this Deed of Trust, and ground rents (in the Property, if any, plus onc-
<br />twelfth of yearly premium installments for hazard insurance, plus onc- twelfth of yearly larc*nrium ins►allrnents for mortgage insurance, if any, all
<br />es t ably estimated initially and f'r <rm time to time by D..endet on the basis of assessments and bills and reasonable estimates therrrrf,
<br />the Funds shall be held in an institution the depo"" (it accounts of which arc insured or guaranteed by a Federal or state agency onc:luding
<br />I_crider if Le is such an institution). Lender %hall apply the Funds its pav said taxes, assessments, in%urar►(:e ist, nliums and grouted rents
<br />I etvkr may next charge four so holding and applying the h'undM, analyzing sail ace(xtrtt or verifying and (utnpifiitg said assessment. and billw,
<br />sin k,%% Lender Pays B(arrc> er iraterext ern the Funds and apphcahle law permit., I.endct to snake suj:h ja charge. BAers oAc; ,rtt(t l ender may agree +n
<br />awning at the time of execution of this( Dred oft rust that irltetest on the Funds shall he t?sxtd to liar ro%cr, and sink>a tt ag: "rltetat is nta(le i11
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