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DEED OF TRUST $5-- 00325$
<br />THIS DEED OF TRUST is made this .
<br />19 • .85 , among the Trustor. James • D P ll - and, smda ......... day of ....July ............... .
<br />a • g. • Perwell; - Rusband •and • Wife•
<br />............................................ (herein "Borrower")
<br />fitrat •Anerd<m . tee "). and the . nefici . .
<br />e• lnetsranee Coapa. • • • • . • • • ........ (herein "Trustee "), and the Beneficiary.
<br />.........8eMVIXT -Paeif ic• lr inanee • Corporation ..................... a corporation organized and
<br />cttiEStingun the laws of ............the• state -of - Nebraska .
<br />whose address is .3323. W. - .Capital,. Grand •Islands. Nebraska......... .
<br />... ...... ............................... ........................(herein "Lender").
<br />).
<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 escribed
<br /><. Mall ............ g property located in the County of
<br />, State of Nebraska:
<br />The northeast of lot`14 and Lot 15, except the northeast 20 feet thereof, in
<br />block 3, second addition to Holcomb's Highway Homes Subdivision to the city of
<br />Grand Island, Hall County, Nebraska, more particularly described as follows:
<br />Commencing at the southwesterly corner of said lot 14' thence northeasterly along
<br />the northerly right of way of Wyandotte Street for 42.30 feet, to the point of
<br />beginning; thence Northwesterly and parallel to the westerly property line of
<br />said lot 14 and 116.1 feet to a point on the northerly property line of said lot
<br />14; thence northeasterly along the northerly preperely line of said lot 14 for
<br />36.7 feet to the Northeasterly corner of said lot 15 and 22.1 feet to the
<br />Northwesterly corner of said lot 15; thence Northeasterly along the northerly
<br />property line of said Lot 15 for 55.00 feet to a point 20 feet westerly from
<br />the Northeasterly corner of said lot 15; ence southeasterly and parallel to
<br />the Easterly Property line of said lot 15 for 138.2 feet to a point on the
<br />northerly right of way of Wyandotte Streetl thence southwesterly along the
<br />northerly right of way of Wyandotte Street 105.3 feet to the point of beginning.
<br />r
<br />a which has the address of .....412 Wyandotter Grand Island, Nebraska
<br />lst=eel leasi .........
<br />68801
<br />Nebraska .... . (herein "Property Address ");
<br />hfpwl............
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect 1 meet 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 of
<br />the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are
<br />hereinafter referred to as the "Property ";
<br />TO SECURE -to Leader the repayment. of the indebtedness evidenced by Borrower's note dated......... .
<br />July. 911. 19.45 • • • , , , , , , . , .. , and extensions and renewals thereof (herein a • s u m
<br />U.S. S b024.24. , , . , ".Note "), in the principal sum of
<br />. with interest thereon, providing for monthly installments of principal and
<br />interest, with the balance of the indebtedness, if not sooner paid, due and able a on ... Ju
<br />l7 Y ..�Y.15.. . 1.M
<br />the payment of all other 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 agreements of Borrower herein contained.
<br />I: 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, except for encumbrances of record. Borrower covenants
<br />that Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br />encumbrances of record.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1' Psyotoot of "d bditvst, Borrower shall promptly pay when due the principal and interest
<br />indebtedness evidenced by the Note and late charges as provided in the Note.
<br />Z. Fwi for Tstta and
<br />IMMnIsm- Subject to applicable law 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 full, a sum (herein "Funds ") equal to one - twelfth of the yearly taxes and assessments (including condominium and
<br />L.. planned unit development assessments, if any) which may attain priority over
<br />the PropertY, if any, plus one - twelfth of yearly premium installments for hazard sin urance. plus coma ground
<br />elf'th of yea ly
<br />premium installments for mortgage insurance, if any, all as reasonably estimated initially and from time to time by
<br />Lender on the basis of assessments and bills and reasonable estimates thereof. Borrower shall not be obligated to make
<br />such payments of Funds to Lender to the extent that Borrower makes such payments to the holder of a prior mortgage or
<br />deed of trust if such holder is an institutional lender.
<br />BRASKA ►�MEIMPROVEMENT- 1,,80_FNWFNLK UNW MINSTRWENi
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