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L DEED OF TRUST] THIS DEED OF TRUST is made this .. , .. , . 5th. • • •.. • .... • . day of -September • • . • • • • • .. • • . • . 19.85, ramong the Trustor, ..harry. n.. Smith. and. Shirley. L.- Smithi -Husband -and •Wife es -joint Tenants ..... , , . ( herein " Borrower ") . . .. . . .. ..................... . 31rat. Aniecd"n.Titlor• •Iasusance• Company • .. • . • • . • • • . • • • • (herein "Trustee "). and the Beneficiary. .....Seeuritay. Aaaif ie - Mianoe •Cerpore•Gion . • • • • • • • • • .... • • • • • • . • • • , a corporation organized and existing under the laws of . the• state • of - Nebraska ............................................... whose address is ..... 3323 W. • Capital; - Grand. Island ; • Nebraska .............................. ... (herein "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 .............................. .StateofNebraska-. The Easterly li of Lots 136 and 137 in Belmont Addition to the City of Grand Island, Hall County, Nebraska. which has the address of ....... ? ? ?.? Front, Grand .Island,, Nebraska .. . . . . . . . . . . . . . ....... . ff ,_,1 Nebraska ............. 688.0.1 , , , , , , .. therein "Property Address "); J' iP r.7.1 Tw rHLR with all the improvements now or hcrealter erected on the properly, and all casements. rights, appurtenances and rents (subject however to the rights and authorities gi►en herein to Lender to collect and apply such rents). all of which shall be deemed to he and remain a part of the property covered by this Deed of Trust; and all of the foregoing. together with said property (or the leasehold estate if this Deed ol''Irust is on a leasehold) are hereinafter referred to as the "Property"; To SEcURL to Lender the repayment of the indebtedness evidenced by Borrtrwcr's note dated.. 9./.5/.45 ........ . . ... . ..... ... . .... . . ..... . ..... and extensions and renewals thereof (herein "Note"). in the principal sum of U.S. s 109.7 .A..16 ..................... with interest thereon, providing liter monthly installments of principal and interest, with the balance of the indebtedness. if not sooner paid, due and payable on ... 9110195 ....... . ....... : 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 ofthe covenants and agreements of Borrower herein contained. Borrower covenants that Borrower is lawfully wised of the estate hereby conveyed and has the right to grant and convoy the Property. and that the Property is unencumbered. except 14 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. Uswomm CovEmAKI`S. Borrower and [.under covenant and agree a% follows: 1. Ihymm of PrlrellW sad Interest. Burrower shall promptly pay when due the principal and interest indebiedness evidenced by the Norte and late charges as provided in the Note. 2. Patrols for Tom sad tommoce. Subject to applicable law or a written waiver by bender. Horro►►r.r shall pay to Lender on the day monthly payments of principal and interest are payable under the Note. until the Note is pouf in full, a sum therein "Funds ") equal it) one- Iwelllh of the yearly taxes and assessmcnts (including condominium and planned unit development aswiisments, if any) which may attain priority over this lkcd of (rust, and ground rent on the Property. if any, plus tm,lwellth of yearly premium installments for hazard insurance, plus one•tuelfth of yearly 'promiutn installments for mortgage insurance, if inv, till a► teasonahly estimated initially and Itom time to time by L #rider on the basis of assessments Arid bill% and reasonathle estimates thereof. Horro%cr shall mit be •bligated to make such payments of Funds to lender to the extenl that RMI'OwCt makes such pavnhcnts to 111e holder ad a I,ri„r mortgal v of decd ftf trust if such holder is an institutional Icndcr. ++e7Nt V1 441 1 Ro fNew MM 11"OfaI#ftaUrtaf ri� X��Rf M