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IN
<br />DEED QF TRUST 5°' 003028
<br />THIS DEED OF TRUST is made this
<br />19--B-5—, among the Trustor, BRENTF— Ai-IPPAIS AND SI ISAni t pHRFntS day of T'n�
<br />(herein "Borrower "), hi i�han t r
<br />(herein "Trusts" AREND R. BAACK ATTORNEY AT LAW
<br />), and the Beneficiary, HOME FEDERAL SAVINGS & LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a corporation organized and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST P. O. BOX tti0ii
<br />AND ISLAND NE X02 (herein "Lender ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in the County of
<br />State of Nebraska: HALL
<br />LOT ONE (1), IN BLOCK FOUR (4), IN WESTERHOFF'S SECOND SUBDIVISION,
<br />OF THE SOUTH HALF OF BLOCKS THREE (3) AND FOUR (4) AND THE NORTHHALFEOFGBA BLOCKS ION
<br />(S) AND SIX (6), WESTERHOFFtS FIRST SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br />NEBRASKA. COUNTY,
<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 �'
<br />covenants and agreements of this Mortgage as if the Riderlwaseadpart supplement the
<br />mart thereof-
<br />which has the address of 2919 West 1'lth Street
<br />(STREET)
<br />Neb -iska 68801 (CITY)
<br />(STATE & ZiP CODE) 1 —' "- - -� "`- __,(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
<br />Profits, water, water rights, and water stock, and all fixtures now or hereafter attached o tec property royalties, mineral, oil and gas rights and
<br />additions thereto, shall be deemed to be and remain a part of the property covered by this Deed of Trust land all of the foregoing, together and
<br />said Property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property"; �' together with
<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 __ F �_ __- ��+ - 19f1__�
<br />�iIL� _QLI5NM __ E. TOt-11 ...0
<br />with interest thereon, providing for monthly installments of principal and interest, with t�anc�th�e indebtedness, if not sooner t llars,
<br />and payable on _ w.aI paid. uue
<br />with interest thereon, advanced in accordance herewith to rotect the securit of this Deed of Trust; and the e
<br />P th payment he all other sums.
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to of
<br />by � enderr
<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 against all claims and
<br />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any tale insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />I. Para of Principal and Isteml. Borrower shall promptly pay when due the princ nal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Geed
<br />of Trust.
<br />2. Ftmrxk for Taxn road Imam ee, Subject to applicable law or to a written waiver by !.ender. Borrower shall pay to lender on the day
<br />monthly installments of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one.
<br />twelfth of the yearly taxes and assessments which may attain priority over this Deed of 'Trust, and ground rents on the Property, if any, plus one -
<br />twelfth of yearly premium installments for hazard insurance, plus orlc° twelfth of earl
<br />as reasonably estimated initially and from time to time by lender on the basis of, asscssm ts,an d billsaanderetast sable esgtintatesrtttene,af if any, all
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (inc•luding
<br />I, der if Lender is such an institution). 1,ender Shall apply the Hinds to Pav I.cr r may not charge for ,%() holding and applying the Funds, analyr.intt ui lsucaotatnt oraver"mel ts, insuiatiC compiling !urns awme ground rents,
<br />unless lei r Pays grower intcresl <►n the Pantie and applicable leave Perim[,' I ender• to ►nake .such a e:harge. Htlrrc.►wer ancf Leu�ler may agrees in
<br />writing 41 the trine ref exrctstinn of this (I xf of J'rtest that intt,test c,cr the I ttncls shall he [laid !cr 1$ertruwer, ynci rsnlev+ tiuih «tKrt tnrrrt 1< utatclr c e
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