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DEED OF TRUST 85-- 003488
<br />r THIS DEED OF TRUST is made this 23rd
<br />19 95 among the Trustor, I L. ROBERTSON A i day of 7t t y
<br />(herein „Borrower"), ONNTF I antacoTgnpt' hushann nnn „r
<br />AREND R. BAACK ATTORNEY AT LAW
<br />(Reran "Trustee "),and the Beneficiary, HOME FEDERAL SAVINGS i 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 1006
<br />GRAND ISLAND NE 66602 (herein "Lender ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably gents and conveys to Trustee,
<br />fn trust, with power of sale, the following described property located in the County of - H A '
<br />Sate of Nebraska.-
<br />THE EAST HALF OF THE NORTHWEST QUARTER (E2NW4) OF SECTION TWENTY FOUR (24) TOWNSHIP ELEVEN
<br />(11) NORTH, RANGE NINE (9) WEST OF THE 6TH P,m., (excepting however, that
<br />North of the Right of Way of the Railroad of the Chicago, Burlington & part thereof lying
<br />Com-
<br />pany and on the Westerly side of a line drawn. seventeen (17) feet distant parallel Railroad and easterly from the center line of the trail sand Parallel with
<br />and staked over and across said land, heretofore conveyed by Warranty Deed srecorded �in Book
<br />57, of Deeds, at Page 75) all in Hall County, Nebraska, also excepting a tract of land com-
<br />prising a part of the Northwest Quarter (NW4) of Section. Twenty Four (24) Township Eleven.
<br />(11) North, Range Nine (9) West of the 6th P.M., in Hall County, Nebraska more particularly
<br />described as follows: Beginning at a point where the northerly line of said Northwest Quar-
<br />ter (NW4) intersects the easterly right of way line of the Burlington.- Northern. Railroad
<br />Spur, said point being One Thousand Two Hundred Two and Fifteen. Hundredths (1,202.15) feet
<br />west of the Northeast corner of said Northwest Quarter (NW4); thence easterly along the
<br />north line of said Northwest Quarter (NW4), a distance of One Hundred (100) feet; thence
<br />southerly perpendicular to the north line of said Northwest Quarter (NW4), a distance of
<br />Two Hundred (200) feet; thence westerly parallel to the North line of said Northwest Quarter
<br />(NW4); a distance of One Hundred Forty Eight and Thirteen Hundredths (145.13) feet; to the
<br />easterly right of way line of said railroad; thence northeasterly along said railroad right
<br />of way line, which is on a curve, a chord distance of Two Hundred Five and Seventy One Hun -
<br />dreths (205.71) feet to the place of beginning,
<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. _ R. R #4 Box 99 - a slay d
<br />(STREET) (CITY)
<br />Nebraska (herein "Property Address ");
<br />(STATTE dE&o Z ZIP CODE)
<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 />addition 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 amity (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated _ 1ily 23
<br />( herein "14me').indxprindpalsumof SEVENTY FIVE THOUSAND AND NO /100 --- -_ - Dollars
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner
<br />mbpayable on At i9 ,s, t 1 r 2000 paidums,
<br />with imwem thereon, advanced in accordance herewith to tore once of he all other sums,
<br />protect the security of this Decd of Trust; and the performance of the covenants and
<br />agreements of Borrmver herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pursuant to paragraph 21 hereof (herein "Future Advances ").
<br />Borrower covertanta 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 />insisting sub/tet to any declarations. easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />Lander's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />" Payowt ad hbdpl ant GtNrar. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Neste, prepayment orb later charges as provided in the Noe, and the principal of and interest on r ty Future Advances secured by this Deed
<br />of Try,
<br />stiossithilymasisiflatinalS 2, F"6 far Taaas act ksaillm, Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Lender on the day
<br />Of Principal and interest we payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one.
<br />twdft of tht yearly tam and assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one.
<br />L
<br />twelfth of yearly Mernfum instalments for hazard insurance, plus one - twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as r y CAURMW initially and from time to tirne by Lender on the basis of assessments and bibs and reasonable estimstea thereof.
<br />TIN Funds be held in sn institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />14 "der Lender is such an institution). lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents,
<br />1" may wX charge for $o holding ub applying the Funds, analyzing said account or verifying and compiling said assessments and Mils.
<br />L pays Brxfower interest on the Funds and applicable low permits tender to make such a charge. Borrower and I ender may agree in
<br />writ.ittg at the time of execution of this DOW of Trust that interest on the Funds shall he paid to Borrower, and unlevs such agreement is made or
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