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DEED OF TRUST
<br />THIS DEED OF TRUST (`•Security Instrument ") is made on ................ s? 4l1Y.. 16,.......... :.....................................
<br />19...,HS... The trustor u....... P ;i.LC.).�k...J,......'.9rie!a,. A.. �i.oa1.�. P.�rs.Qn .................... .•
<br />..........................................
<br />. ..... .. ......
<br />Assoctati.on ").The trustee is HaY7ridS.. B, adtk..QlAdhd...NdxiJxttdl......
<br />(
<br />...... . ("Trustee"). The beneficiary
<br />Nat�s.t Banit Oalaha Iilat�aaal . .......................... .........................
<br />under the laws of 111 ..Utt� tad. tik h A o�l1! C lea .....................................................
<br />and w ........... ..... which is
<br />is
<br />........... organi>7cd and existing
<br />�lAAhAJkJft 1rAf.� A....Ulu .. hose address is .PO&C.0#fi.ce..Box-.340& ......
<br />......................
<br />Borrower owes Lender the ........ ............... ............... ............................... ( "Lender•.
<br />PnnaPatsumof FArtY' NtA. Th4. N; An. 4.j ttA.. HIInSIC�SI ..AJASI..t1.lQQ- .---- .--- - -. -�.
<br />ument ,"Not . ,..whi ...r .............). This debt is evidenced
<br />dated: the same date as this Security Instrument "Note'• , which � Borrower's note
<br />paid earlier, due and payable on ......... 119�15.>ti.................. provides for monthly payments, with the full debt, if not
<br />...................... ...............................
<br />This Security Instrument secures to Lender: (a) the repayment of the debt .. mere...... and
<br />renewals, extensions and modifications; (b) the e� � by Noce, with iparagr, and all
<br />payment of all other sums, with interest, advanced under paragraph. 7 to
<br />Protect the security of this Security Instrument; and (c) the performance of Borrowers covenants and agreements. For this
<br />loPurpose. Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following scribed property
<br />cated in ............................................. kld11............................................................................................ County. Nebraska:
<br />Lot Five (5) and the Southerly Twenty Three and Twenty Five
<br />Hundredths (23.25) Feet of Lot Three (3), all in Block Twenty
<br />(20), University Place, an Addition to the City of Grand Island
<br />Hall County, Nebraska.
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a P.rt of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property..,
<br />and �BORROWER COVENANTS that Borrower is lawfully scised of the estate hereby conveyed and has the right to grant
<br />v�end Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />generally the title to the Property against all chums and demands, subject to any encumbrances of record.
<br />THis SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />I• PaY at of Principal and Interest; Prepayment and Late Charges, Borrower shall promptly pay when due
<br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />2. Fuittis for Taxes and Insurance, Subject to applicable law or to a written waiver by Lender, Borrower shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds ") equal to
<br />one - twelfth of: (a) yearly taxes and assessments which may attain priority over this Security Instrument; (b) yearly
<br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums; and (d) yearly
<br />mortgage insurance premiums, if any. These items are called "escrow items." Lender may estimate the Funds due on the
<br />basis`of current data and reasonable estimates of future escrow items.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the
<br />Lender may not charge for holding and applying the Funds, analyzing the account escrow items.
<br />or verifying the escrow items, unless
<br />FORM 085-07
<br />NIFA i /85
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<br />C73 __4 t.� .Tf
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<br />which has the address of ......... 2026.- Mrth ..LherJ.dAll
<br />o-
<br />...................
<br />[Strew) . ............................Gir
<br />and.. I. sland ...........................
<br />Nebraska ...............68;83. ..... (..Pro
<br />..................... ("Property Address ");
<br />(City)
<br />12ro Coaej
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a P.rt of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property..,
<br />and �BORROWER COVENANTS that Borrower is lawfully scised of the estate hereby conveyed and has the right to grant
<br />v�end Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />generally the title to the Property against all chums and demands, subject to any encumbrances of record.
<br />THis SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />I• PaY at of Principal and Interest; Prepayment and Late Charges, Borrower shall promptly pay when due
<br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />2. Fuittis for Taxes and Insurance, Subject to applicable law or to a written waiver by Lender, Borrower shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds ") equal to
<br />one - twelfth of: (a) yearly taxes and assessments which may attain priority over this Security Instrument; (b) yearly
<br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums; and (d) yearly
<br />mortgage insurance premiums, if any. These items are called "escrow items." Lender may estimate the Funds due on the
<br />basis`of current data and reasonable estimates of future escrow items.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the
<br />Lender may not charge for holding and applying the Funds, analyzing the account escrow items.
<br />or verifying the escrow items, unless
<br />FORM 085-07
<br />NIFA i /85
<br />
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