|
L
<br />DEED OF TRUST
<br />85`003917
<br />THIS DEED OF TRUST is me& this ISth day of August
<br />ig 85,atnaptheTrustor,_DWIGHT G_ KANTER AND THUY B. KANTER- HUSBAND AND WIFE
<br />ptereiai •'Dorrosrer "). AREND R. MACK ATTORNEY AT LAW
<br />( herew *Irn atee "), said the Dendkiary, NONE FIEDWAL SAVINGS i LOAN A88WATM OF GRAND ISLAND, NE _
<br />a co rpoteatiote organized said own radar the Iran of MISPASKA whose address is 221 SOUTH LOCUST, P. O. sox im,
<br />GRAND NANO. HE OW (herein "Lender ").
<br />BORROWER, is conaldersthm of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />is trust, with pieta of sale, the following described property located in the County of Hall
<br />State of Nebraska:
<br />LOT SIXTEEN (16), PIPER GLEN SUBDIVISION,
<br />The bider to the Deed of Trust which is attached hereto and executed on the same day is
<br />hereby incorporated into the mortgage. The Rider shall amend and supplement the covenants
<br />and agreements of this Hortgage as if the Rider was a part thereof.
<br />r
<br />which has the addressor_ 2(74 North Pi erQ,_
<br />- . —_.� -- � - : _ _ - - - - - -- -- - - - - -G ra n dIsland
<br />- - - - - -- - - - -- �'
<br />(BYRE ETl (CITY)
<br />_ Nebraska 68801
<br />(hnem "Property Address ");
<br />(STATE d 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 heron to Leander 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 />additions thereto, shag 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 property (or the leasehold estate if this Dad of Trust is on a leaseh Ad) are herein referred to as the "Property ";
<br />TO SECURE to Leda (a) the repayment of the indebtedness evidenced by Borrower's note dated Auq u c t 15.1 qRe,
<br />(herein "Note ") in the principal stun of SIXTEEN T Oj{ LI NO/ 100 - - _ Dollars,
<br />with intermit thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner {acid, due
<br />said payabk on - 5g2tember 1. 2005 - - - - -. _ :the payment of all other sums,
<br />with interest thereon, advaa«d in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />alts of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />p ersom to paragraph 21 hereof (herein "Future Advances ").
<br />Bortowa srnmuttts dw Borrower is lawfully stised of the estate hereby conveyed and tits the right to grant and convey the Property,
<br />the the Property is u aracumbe+red, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />dam, sailsim to any dedwatitwa, casements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />marring tender's iNarm in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. t'ayaiaaait of Friaidpsl nod Worse. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, pnpaystae t and Isle charges as provided in the Note, and the principal of and interest ore any Future Advances secured by this Deed
<br />g( TT".
<br />L Womb hr Taws said laaara nce. Subject to applicable law air to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />moaft Wasdasents of phadfail std interest are psyobk under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one -
<br />twelfth of the yeasty tam and aaleampatts which may atlain priority over this Deed of Trust, and ground rents on the Property, if any, plus one -
<br />twd1% of yearly pre esiatet iaiKSllailsRtt for hoard inswattear, plus one. twelfth of yearly premium installments for mortgt(ge insurance, if any, all
<br />as tease aiabtp attisaiottd ipitiatfy sod from time to tars by Lender ore the busts of assessments and frills and reasonable estimates thereof.
<br />?fir Fm& sled be held in an initittnion the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />l,atder if L,elwder ht such at institutusa). Lewder she!) apply the Funds to pay said taxes. assessments. inTUrAnt-Y premiums And ground rants.
<br />Larder way (sot chtuge for see holdhtg and applying the Funds, analynaft said account or verifying and comp ilugl said assessments and hills,
<br />tnNeen Lamer pays Borroer Interest on the Funds and applicable law retmits Lend et to make such *charge Borrower and Lendo may agree in
<br />win*$ at the time ad esaeutkra of this Deed of Trust that interest (m the Funds stead he pmtd to &xrower, and unless such agreement is made of
<br />R
<br />
|