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I DEED OF TRUST 85-003672 THIS DEED OF TRUST is made this ........... 3.Qth .......... day of ....July.... • ... • .. . .85 ,among the Trustor...John. P_ . Aie�ter. and. Yl .. atoria.R.. NfeyerI - Husband. and - Wife ........ . ( herein " Borrower ")...... . .. First . American .Title. Insurance. ... SeCUZit Paci£ie . F Cot�aag . . ... . .......... (herein "Trustee "), a. -.d the Beneficiary. y inane .Corporation .......................... a corporation organized and existing under the laws of . the. state -of • Nebraska .................... . whose address is. - . 3323. lw. -Capital ., . brand • Is land.,. -Nebraska. - 688'0''1*. - • . .... . ............ . . • - ....................... . . . . ............... therein "Lender "). BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in The County of ...... Hall ............................ State of Nebraska: Lot 9, Block 7, Boggs and Hill's Addition to the city of Grand Island, Hall County, Nebraska. which has the address of ...... 1835 il. 11th Grand Island Nebraska ........ r .............. ?....... !Sncetl ............. . Nebraska . . ... 68801 ...................... (herein "Property Address"): I:mI'A�I TOGETHER with all the improvements now or hereafter erected on the property, and all casements, rights, appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such 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 the foregoing, together with said property for the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter referred to as the "Property "; TO SECURE to Lender the repayment of the indebtedness evidenced by 19. Borrower's note dated.. July .30,.85 and extensions and renewals thereof(herein "Note "). in the principal sum of U-S• S 15;13804• . • • • • ............. . with interest thereon. providing for monthly instal lmems of rncipal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on ... August S' 1990 the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained. Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property, and that the Property is unencumbered. except for encumbrances of record. Borrower covenants that Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to encumbrances of record. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: " PAY Of PrIlelpal and tatersst. Borrower shall rom tly ay when due the Principal and indebtedness evidenced by the Note and late charges as provided n the Not p interest L Fier & for Tam and I�arataa. Subject to applicable law or a written waiver b fender. Borrower shall pay to Lender on the day monthly payments of principal and interest are payable under the Notc, until the Note is paid in full. a sum (herein "Funds ") equal to one•twelfth of the yearly taxes and assessments (including condominium and planned unit development assessttnrnts, if any) which may attain priority over this Ihcd of 'f rust, and ground rents tilt the Property, if any, plus one twelfth of yearly premium installments fi)r hazard insurance, plus one•twcltlh of yearly premium installments for mortgage insurance., if env. all as rcasonahly estimated initially and from time to timr by Lender cm the basis of assessments and bills and reasonable estimates thcreof. Borroucr shall not be Obligated to make such payments of Funds to Lender to the extent that Borrower makes such pavmcn€s n� the'allde r of a , riot and To m or deed of trust if such holder is an institutional lender. K1111W K": #F iN�c'F o'#!.h' g0 IMM"FWAK 01111091111111 IIISTIPAEMT M'. M