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I� <br />i <br />DEED OF TRUST 85`00,2991 <br />THIS DEED OF TRUST is made this . 28t4 June <br />(— <br />19 .8S. , among the Trustor... �'us Sa<] pas and R�ren Sue Sal day of . . <br />first Aa. r.. 'T ......... I ........ (herein "Borrower-) . ................ . <br />. �'. ft?n �tlp:, T11suranea , �WpAPy (herein "Trustee "), and the Beneficiary, <br />�trt�4� i<Y. '�fr. � X�ut=je. CQXR. . <br />existing under the laws of .. irh�, $t ,ta; ,Q# TdBb>`>3�sT .... ' ' . " ' • • . • • • • , a corporation'organized and <br />whose address is. .... 33.. . ... CAp i��� ...................................... <br />' Qve... Qxaud . lsland.,..N1~......... . <br />(herein `Lender"). <br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants <br />and conveys to Trustee, in trust, with power of sale, the following described property located in the county of <br />..................... Hall .................. State of Nebraska: <br />Lot Fifteen (15), Block One (1), Dale Rouse 2nd Subdivision <br />of Part of the East 1/2 of the Southwest 1/4 of Section 14, <br />Township 11 North, Range 10 West of the 6th p.m., Hall County, <br />Nebraska. <br />which has the address of .... 315. N..Cberoke .... . ..Grand .zsland, . <br />JStfeetl <br />Nebraska ..... 68801.. . (c'tr► <br />(herein "Property Address "); <br />1Lp Cadet <br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, <br />d <br />appurtenances and rents (subject however to the rights and authorities <br />given herein to Lender collect and apply such <br />rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all <br />the foregoing, together with said (or <br />property of <br />the leasehold estate if this Deed of "trust is on a leasehold) are <br />hereinafter referred to as the "Property "; <br />To SECURE to Lender the repayrnent of the indebtedness evidenced by Borrower's note dated <br />......... . <br />and extensions and renewals thereof (herein "Note "), in the principal sum of <br />tr.S. s .4706.62........ ...................... with interest thereon, <br />providing for monthly installments of principal and <br />interest, with the balance of the indebtedness• if not sooner paid, due and payable on .June, 25,,, <br />the payment of all other <br />.1988 <br />sums, with interest thereon, advanced in accordance herewith to protect the security of this <br />Deed of Trust; and the performance of the covenants and <br />agreements of Borrower herein contained. <br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and <br />convey the Property, and that the Property is unencumbered, <br />except for encumbrances of record. Borrower covenants <br />that Borrower warrants and will defend generally the title to the Property against all claims an demands. <br />encumbrances of record. <br />ti subject to <br />UNIFORM COVENAN "rs. Borrower and Lender covenant and <br />agree as follows: <br />I. Payment of Principal and Interest. Borrower shall promptly pay when due the principal and interest <br />indebtedness evidenced by the Note and late charges as <br />provided in the Note. <br />2• F for Tex and Insurance - Subject to applicable. law <br />or a written waiver. by Lender. Borrower shall pay to <br />Lender on the day monthly payments of principal and interest are payable under the Note, until the Note is paid <br />in frill a sum (herein "funds ") equal to ()ill- twelfth of the <br />ycarlV taxes "fid iasse%sment5 ollcluditlg ea)nd( )I111r1iU►Tl and <br />planned rty if any, ds5eS5n1int5. if any) which nliay attain j11'iorlty over this 1.)ced to} '1'rUSt, <br />the par <)pt;ryy. if any, <br />so <br />and ground rents airs <br />plus one - twelfth of yearly premium rn5ta11►ncnts }pr 118Li4rd insurance. 111115 one -twelfth tit 1ee11'ly <br />premlUni Installments for fllclrtgugc a1lsUrarlt;f, If €Iny. all as t'ca5onably e5tlnlatCd <br />Lender the <br />a <br />on II1111aI1Y aIl(I 11'utll tllllt` to tittle by <br />basis of iraSe:5srt1er115 an(:1 t)111s and re'a%onat/le <br />� <br />estlmale5 thereof. Borrov%vr shall ilot lie obligated it) In,ake <br />such palyrnenes of Funds to IA:ruler to the extent 111,11 l3orrovser makes such pitynivIlls t(I tht ht,ldc�r <br />(Iced (of trust rt such holder <br />is an u4 a <br />institutional lender. Ili it101, nu)rtgal e or <br />° <br />� h46'it(iVk mk N? i�80 FNMA /F"kMC UNIiONM 1NStRUMiN1 i <br />>s <br />i <br />