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DEED OF TRUST 85- 00411i
<br />THIS DEED OF TRUST is made this 215 t day of August
<br />19 85 anso"theTesuror, Gerald F. Krolikowski and Joyce C. Krolikowski, husband and trite
<br />r (herein "Brsrrmsa "). AMEND R. 8AACK ATTORNEY AT LAW
<br />1 ( herein "Trustee"), and the Beneficiary, HOME FEDERAL SAVINGS i LOAN ASSOCIATION OF GRAND ISLAND NE
<br />a corporation orpaised and edNins under the lawns of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. BOX 1009,
<br />WHO ISLAND, NE 99962 (herein "Leader ")
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in the County of Hal l
<br />State of Nebraska:
<br />Lot Nine (9), in Block Two (2), in Dodd and Marshall's Addition to Wood River,
<br />Hall County, Nebraska.
<br />The Rider 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
<br />covenants and agreements of this Mortgage as if the Rider was a part thereof.
<br />which has the address of_^ 1320 Li11 1— _-------- - - -_Wi nd_Ever__
<br />(STREET) (CITY)
<br />Nebraska 68883 _ _.._(herein "Property Address ");
<br />(STATE dt 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 />additions thereto, shall be deemed to be and remain a part of the property covered by this lied of Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this feed of Trust is on a leasehold) are herein referred to as the— Property";
<br />TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated _ Aygu 5 t 21� 1985 _
<br />( herein,Nott'),in the principal =of NINETEEN THOUSAND AND NOj100-----_------------- __— ______�_WIlars,
<br />with interest tbareon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on _ Septerttber 1 , 2Q15 _ the payment of all other sums.
<br />with interest thereon, advanced in accordance herewith to protect the security of this feed of 'trust; and the performance of the covenants and
<br />apowAnts of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, Male to Borrower by Lender
<br />pursusm to paragraph 21 hereof (herein "Future Advances").
<br />Borrower covenants thou Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is uaaacumbared, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />dauawk* subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurantcc policy
<br />irwrheg Leader's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />L PayMaM M Pa1MgN ant lalareat. Borrower shall promptly pay when due the rind
<br />p pal of and interest an the indebtedness evidenced
<br />by the Nate, PrepaynaM and We chargaa as provided in the Note, and the principal of and interest on any Future Advances secured by this feed
<br />of That,
<br />2. 6arafa he Ta a" Mawatna. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to !.ender on the day
<br />aeoeuthly iaatal M Ma of prmciflid and interest are payable under the Note, until rise Note is paid in full, a sum (herein "Funds") equal to one-
<br />twelfth of the yearly taxes rind Yes essass is which may attain priority over this Deed of Trust, and ground tents on the Property, if any, plus one•
<br />awadfBt of YY411fIY pKeadtins WA N OMM far hatard insurance, plus one - twelfth of yearly premium installments for monaage insurance, if any, all
<br />I as raaowabfy" iaWad ingiWy and from these to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />L 11w Funds shall be held in as institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />['1041W if leader is such an instrwion)• Tender shalt apply the Funds to pay said taxes, assessments, insuranto premiums and ground rents.
<br />Leader 0110 net jwgt for so WW" and applying the Funds, analyzing 111011 account or verifying and compiling said assemn ents and hell.,
<br />Laud" payer Iliorrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and Lender may ague in
<br />wrliM err the time of execution of this feel of Trust that interest on the Funds shall be paid ui Wirrower. and unless such agreentent it made
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