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<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument ") is made on ....Angus t.- 1.,..1985
<br />1 9••••--•• •.• The trustoris ...... Thomas. -.E. McNish and Karen C. Aic�ish Husba,,,,.
<br />............... ...............x......I......Pd sTRd...Eti fQ ...............................
<br />.... ( "Borrower "). The trustee is ....Q144hil— Natioxtal ..Bank ........................
<br />............................ .
<br />..... ....... (••Trustee" ). The beneficiary is
<br />.c i rST• a, erAJ ArtMe..Gp.. ...................................... .. ............................ .
<br />under the laws of .tha.. United .4tates ................... which is organized and existing
<br />Omaha ..................... and whose address is g. 7. 7.2- .[desX..ARdgP_..&oad........
<br />..........N.ebra $ ka..6$ ........ -.
<br />........................................................................ ............................... ( "bender ").
<br />Borrower owes Lender the principal sum of ..... Twenl: y... N1149.. lboj iaand...SevM- Hundred..and..nn
<br />................... _ ............................................ Dollars (U.S. 5.29,LQ0.00... ......... ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on ..... August ..1_ 2005 ....... ...............................
<br />This Security Instrument secures to Lender: (a) the r -• -thint
<br />...................
<br />renewals, extensions and modifications; (b) the epayment of the debt evidenced by the Note, with interest, 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 Borrower's covenants and agreements. For this
<br />purpose.
<br />in Borrower Hal ably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />................................................................. ............................... ........................ County, Nebraska:
<br />.......................
<br />The North Thirty -four (34) feet of Lot One- Hundred -Four (104) and the South
<br />Twenty -three (23) feet of Lot One- Hundred -Five (105) in Hawthorne Place being
<br />a Subdivision of.part of the Northwest Quarter (NW' -;,) of Section Twenty -two (22),
<br />Township Eleven (11) North, Range Nine(9), West of the 6th P.M., Hall County,
<br />Nebraska.
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<br />which has the address of ............... . 812 South Oak Street .............................. Grand Island
<br />..........................
<br />!Streetl ..................
<br />Nebraska 68801 (••Property Address"),
<br />c tal
<br />................(Lo code)
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements. nghts,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water tights and stock and all fixtures now or
<br />hereafter a part of the property. A11 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 />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the tits- to the Property against all claims 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 rea! property.
<br />UNIFORM COVENANTS Borrower and Lender covenant and agree as follows.
<br />L Payment of Principal and Interest; Prepayment and Late Charges. Borro- er shall rimmptl) pa, •.vhc:, title
<br />the principal ofand interest on the debt evidenced by the Note and any prepayment and late charge; due under thc• N'utc
<br />2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender. Bnrr wcr hail ;,;i
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a SUM Cl-land,
<br />one - twelfth of: (a) yearly taxes and assessments which may attain priority over this Secunt) Instrument tt„
<br />leasehold payments or ground rents on the Property, If any (c) yearly hazard insurance premiums. ❑rid i i
<br />mortgage insurance premiums, if any. These items are called "escrow items." Lender may estimate the Funds due m ;!;t
<br />basis ofeurreni 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 h� a fedc r:ii ,,,
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds t,t pay :he es;;c.w ,tfms
<br />Lender may not charge for holding and applying the Funds, analyzing the account nr enfying the
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