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<br />DEED OF TRUST 8$..r.. 00270
<br />THIS DEED OF TRUST is made this F t h
<br />air-on the Tt'usw, �ITt 9) IR day of ,nc
<br />(herein "�01� "). by Wilburn F 6 r+�� ��
<br />((terrain „Trustee °), tutd the Benef AREND R. BMCK ATTOR EY AT LAW attorrHey,�uan d wife
<br />rY, HOME FEDERAL SAVINGS i LOAN ASSOCIATION OF GRAND ISLAND NE
<br />a Corporation orSimi -d and existing under the laws of __ NE_aR� A whose address is 221 SOUTH LOCU8T P. O. BOX ME
<br />AND ISLAND, NE son (herein "Lender ").
<br />BORROWER, in consideration of the indebt
<br />in Mutt. with eroper herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />Power of attic, the following described property located in the County of HAI I
<br />Scats of Nebraska;
<br />Lot Three (3) Holcomb's Highway Homes, a subdivision, of part of the Northeast Quarter
<br />of Northeast Quarter. (NE-.M-4) and a part of Lot Four (4), mainland all in Section.
<br />Twenty Eight (28), Township Eleven (11) North, Range Nine (9) West of the 6th P.m.,
<br />Hall County, Nebraska.
<br />which has the address of SO__ _ 5 West _Stn, l l_y p� _RQad
<br />(STREET) - -- Frand Tc?snd
<br />Nebraska 68801 (CITY)
<br />(STATEBZIPCODE) -" (herein 'Property Address "); —
<br />TOGETHER with ail the improvements now or hereafter erected on the property, and all casements, 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, wiser righb, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />Additrot>s thereto' shelf 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 (m the kaselsold 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 T -ore 6 t gB5
<br />(herein "Note "), in the principal sum of T H i R T Y E I GH T T
<br />- H0 I AND A Nil NO 1, (lfl
<br />with interest !Person,
<br />Providing for monthly installments of principal and interest, with the �-
<br />a d payable on Jul v 1, 2005 balance of the indebtedness, if not sooner paid, due
<br />with iaterat thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the the payment of all other sums,
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, ads of Borrower by Lttender
<br />Pwsuum to paragraph 211ereof (herein "Future Advances ").
<br />Buffo— covenams'list 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 Pr
<br />, subject to any declarations- eauments or restrictions listed in a schedule of exceptions open, against all claims and
<br />t ing Ltatder'sinterest inthe property. ePtions to coverage in any title insurance policy
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. PafasaO el Prilt"llpol aw latertw. Borrower shall Promptly
<br />by the . fKePaYtnattt and late char P � y Pay when disc the principal of and interest on the indebtedness evidenced
<br />of Try. as provitisd in the Note, and the principal of and interest on b,ty Future Advatx es secured by this Deed
<br />3. Femb for Tom wA Insures". Subject to applicable law or to a written waiver by Lender, Borrower shell pay to of Principal and Interest are Payable under the Note, until the Note is paid in full, a sum (herein "Funds") ual the dray
<br />twelfth of the yearly taxed OW assessments which may attain priority over this Deed of Trust, and ground rents on the pr
<br />t1°eiBh of Yenfly Pt Installments for baxard insurance, Plus one - twelfth of earl opens, if any, pans ono.
<br />ee r Y initially and from Lima to time by Lender on the basis of assessments and hills mand ereasfonab�g� insurance, hereof. any, all
<br />The F he held In an institution the deposits or accrnints of which are insured of guaranteed by a Federal or state
<br />L if F. is such an institution). l.snder shall a agency (including
<br />Lender apply the Funds to Pay said taxes, Assessments, insurance premiums and ground rents,
<br />may rtet4 vhar� for u) holding area atrPlying the Funds. analyrAng said account Of verifying and compiling said assessments anti hilts,
<br />wassis Lender hays Borrower interest on the Funds and applicable law Permits I wfding at the time of execution of this I1t+rd of '1 mast that interest on the Funds qh ender tee pR d IOVak�s a)werf gas)J inlres eucp i..ettder may agree in
<br />agreement is made m
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