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P �7 X DEED OF TRUST THIS DEED OF TRUST ("Security instrument-) is made on ........................... jHly 24, 19 ... as ... The trustor .. ..... ) jRq#.j..Ecklund ...... . .............. ......... .................. ....... .......... us . .................................................................... I ........ (-Bor�')L The trustee is ................ ik ............ saa, d of .................................................................................. ("Trustee "'). ("Trustee "'). 771M beneficiary is which is organized aand existing antler the laws and whose at is ..................................................... 7 i West Do lee Rud............. �- 4-- .O.j. ... . . ............................................... ("Lender"). Borrower owes Lender the Principal sum of .... nargy .. AU Udr-Od AAd.. WJ. 1 011== ............................................................ ...... E� (U.S. .......... ) .112k d2bt is r�ed by Borrcowers ........ s note dated-thc same date as this Security IMMument (-Note-% which Provides for monthly payments, with the M debt, if not paid earlier. due and payable on ... i..ZM ............................... This Security Instrument secure$ to Lender) the MaYment of the debt evidenced by the Note, with'interest.'and'all renewals, extensions and modifications; (b) the) of all other sums, with interest, advanced and paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, BorrOw H:rlilrrevocably grants and conveys to Trustee, in trust, with Power of sale. the following described property located in .................................................................................................................................................. County. Nebraska.: Lot Three (3) in Block Nineteen (19) in Charles Wasmer's Addition to the City.of Grand Island, Hall County, Nebraska. which has the address of ............ I & t%� J.� .. W$.t.. (stmol Nebraska .....0403 ................. "ropy A); .............. P ( rp codej 00 Ln 00 M C_n --j -7- ry C_ tb (Coto] ............ TOGETHER WITH all the improvements now Or hereafter erected on the property, and all casements, rights, Wurienancm rents, royalties. mineral, oil and 9" rights and Profits, water rights and stock and all fixtures now or hereafter a Pa" Of the property. All replacements and additions shall also be covered by this Security fOrClOing is referred to in this Security Instrument as the --property.- Instrument. All of the BMIROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and cORvtY the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the property against all claims and demands, subject to any encumbrances of record. THis SwVRffy INSTRUmENT combines uniform covenants for national use and non-uniform covenants with truted variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORMCOVENANTS. Borrower and Lender covenant and agree as follows '- PSY100" Of PrMC*W and Interest; PrWYMW and Late Charges. Borrower shall promptly pay when due the Principal of "'ntaw On the debt evidenced by the Note and any Prepayment and late charges due under & Note. 2- Fun&fsrTax*sand1Asm`aWe- Subject to applicable law or to written waiver by Lender. Borrower shall pay to Lender on the day monthly Payments are due under the Note, until the Note is paid in full, a sum ('-Funds") equal T(') one-tweM of (a) Yearly tax" and aftessments which may attain Priority over this Security Instrument, (b) nearly leasehold payments or ground rents on the Property. if any; (c) yearly hazard insurance premiums: mortgage insurance Premiums, and (d) yearly if any- These items are called "escrow items." Lender may estimate the Funds due 'on t he' basis of current data and reasonable estimates of future escrow items. The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or State agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the escrow items Lender may not charge for holding and applying the Funds, analyzing the account or verifying the m.-row items, unless MR-4 #85-07 NIFA 5/95