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<br />4 s
<br />DEED OF TRUST
<br />$-- 002835
<br />THIS DEED OF TRUST is Made this
<br />19M—, among the Ttustor, --- ---- -- day of
<br />("' (harem --Borrower,,), AREND R. BAACK ATTORN AT LAW
<br />1
<br />(herein " Trustee "), and the Beneficiary, NOME FEDERAL &AVINpg i LOAN ASSOCIATION OF Qp�D ISLAND NE
<br />a corporation organized aril axing under the laws of NEBRASKA whose address is 2-21 SOUTH LOCUST P. O. BOX 10p!
<br />GRAND ISLAND NE fli/A02 (herein "Lender ")
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys
<br />in trust, with power of sale, the following described Property located in the County of _ HAI I to Trustee,
<br />State of Nebraska:
<br />LOT TWO (2), IN BLOCK ONE (1)9 LAKE DAVIS ACRES SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The Rider to the Deed of Trust which is attached hereto and executed on the same day
<br />is hereby incorporated into the mortgage. The Rider shall amend and supplement the
<br />covenants and agreements of this mortgage as if the Rider was a part thereof.
<br />which has the address of 4212 Calvin D r i v e
<br />(STREET) Grand Island
<br />.`:sbraska 68801 (CITY)
<br />(STATE & ZIP CODE) -- (herein "Property Address ");
<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 Deed of Trust; and all of the foregoing, together with
<br />said Prouty (or the leasehoh estate if this Deed of Trust is on a leasehold) are herein referred to as t;.0 "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 �1FTY SEVEN THO I A iD T+►fl H I +f)Rl"p A t� _______Dollars,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payee on _ _ J u l v 1, 2000
<br />with interest thereon, advanced in accordance herewith to protect the security this Deed of Trust and the the payment he of
<br />all other sums,
<br />y
<br />agreements of Borrower herein contained; and b Performance of the covenants and
<br />O the re payment of any future advances. with interest thereon, made to Borrower by Lender
<br />Pursuant to paragraph 21 hereof (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
<br />subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any ttittlle insurancempolliiiccy
<br />i 's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. M astd Istnt+sst. Borrower shall tom tl
<br />P P y Pay when due the principal of and interest on the indebtedness evidenced
<br />bythe Note. Prepayment anti late charges as provided in the Note, and the principal of and ins :rest on any Future Advances secured by this Deed
<br />of Trust.
<br />g' Funds f9f TOXIN tntd 101111raw. Subject to applicable law or to a written waiver by Lender, Borrower shall
<br />Monthly t is Of Principal turd interest are pay to Lender al the day
<br />payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to One-
<br />twelfth
<br />of the yearly taxes and JUNICISMents which may attain Priority over this Deed of Trust, and ground rents on the Property, if any, plus one-
<br />twelfth of yearly premium inst for hazard insurance, plus olre- twelfth of earl
<br />as
<br />reasonably i . yearly premium installments for mortgage insurance, if' any. all
<br />y 1 from time to time by Lender on the is of as manta and bills and reasonable estimates thereof.
<br />T F 1 in an institution the deposit or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />LergW if LaWff is such an institution). Lender shall apply the funds to pay said taxes, assessments , insurance premiums and ground rents.
<br />Le may not Charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills.
<br />unless l Pays Borrower interest on the Funds and applicable law pcTmits lender to make sesuh a charge. Botrowcr and lender may
<br />writing at the ti of utlon of i s f of Trust that inter t on the Funds shall be .aid ter 11orreower, and unless ,such tee in
<br />p ag,ccnrcm is trade err
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