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DEED OF TRUST 85- 004332
<br />THIS DEED OF TRUST is made this 6th day of September
<br />19 85 , among dwTrustor, MARLING PETZ AND CAROLS PETZ husband and wife
<br />(heroin "Borrolm.1), AREND R. BAACK ATTORNEY AT LAW
<br />(herein "'Perverse"), acid the BeneRciary, HOME FEDERAL SAYINGS A LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a corporation organized and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. 90X 1006,
<br />G11M BEANO. NE SISOvt (herein "Lender")
<br />X*ROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trop, with power of sale, the fo0owing described property located in the County of Hall
<br />State of Nebraska:
<br />LOT THIRTY ONE (31), IN LE HEIGHTS FOURTH SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The Rider to the Deed of Trust which is attached hereto and executed or the same day
<br />is 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 4215 Norseman Grand _ I s 1 anti
<br />(STREET) !CITY)
<br />Nebraska 68803- - - -_ -___ _ tnerein "Property Address");
<br />(STATE A ZI P 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 />additiow thereto, shall be deemed to be and retrain a put of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />sod property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated — t emb e r 6. 1 985 _
<br />(herein "mote").in the Principal sum of FOR LMJFN.I ON USAND SIX A1NDRED DOLLARS AND lunllon_______�yollars,
<br />with interest thereon, Rnwidisilt for mcxtthly installments of principal and interest, with the balance of the indebtedness, if trot sooner paid, due
<br />b and ptyakon r t r L 2015 M _ _ -_ _ . __�.; the payment of Jul other sums,
<br />with interest thereon, advanced in sornrdance herewith to protect the security of this feed of Trust; and the performance of the covenants and
<br />agreements of Borrower herein oattained; and (b) the repayment of any future advances, with interest thereon, male to Borrower by Lender
<br />pursuant to perapaplt 21 hereof (herein "Future Advances ").
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is unencumbered, and that Borrower will warrant and defend generally the tick to the Property against all claims and
<br />de manila, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title irsurance policy
<br />insairatg Larder's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Faysaattl or hlneipal and' I - Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and late charges a provided in the Note, and the principal of and interest on any Future Advances w ured by this deed
<br />Of Try.
<br />L /omti he TUN end Imsmsmree. Subject to applk4bk taw tt to a written waiver by Lender. Borrower shall pay to lender on the day
<br />mold My imallk aMa of principal and interest we payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to onc-
<br />twtMfMr of die yearly tam and a e means which nary attain priority over this Deed of Trust, and ground rests on the Property, if any, plus o te-
<br />twodith of yearly pratman ittpaWmertts for hard insurance. plus one- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />L a raasmWy estimated initially and from time to time by Lender on the his of assessments and bills and reasonable estimates thereof.
<br />The F wads all" be held in as hwitutian the deposits cit accounts of which are insured of guaranteed by a Federal or state agency tincluding
<br />Lander if Lander is such an institution). Lender sW apply the Funds to pay said taxes, assessments, insurance premiums and pound rents.
<br />LAWN may sot ctserge for so holding and apptyiug the Funds, analyritg said account or verifying and compiling said assessments &M bills.
<br />naMess Lender pays Borrower interest an the Funds and applicable law permits Lender to make such it charge. h mower and lender may agree in
<br />wi tin4 at the tuns of execution of this deed of Trust that interest an the Funds shall he paid w Hotrowtr, and unless such agreement n made of
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