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THIS DEED Of
<br />m
<br />St
<br />1
<br />DEED OF TRUST
<br />ST is mob this
<br />r, DAVID L. 'PIi
<br />IaaaftrSuv_ NOl1
<br />_(herein "Lender").
<br />aoielras is
<br />85.., 004413 ,
<br />day of Sentember
<br />ked and the trust herein created, irrevocably Scants and convert to Trustee,
<br />in the County of HALL ,
<br />LOT ' "SIXTEEN (16), IN BLOCK FIVE (5) IN CLAUSSEN COUNTRY VIEW ADDITION, AN ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Rider to the Deed of Trust toshi,h is attached hereto and executed on 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 903 South Clausser Avenue Grand Island
<br />(STREET) (CITY)
<br />Nebraska 68801 — (herein "Property Address");
<br />(STATE R 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 rots and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil std gas rights ad
<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 />adeneion% thereto, shall be dusm od 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 Ube bmdw d estate if this Deed of Trust is on a lasehold) are herein referred to as the "Property ";
<br />TO S SCURE to Lander (a) the repayment of the indebtedness evidenced by Borrower's [tote dated Sal, - pmhpr -1 1 , I Qx5
<br />(berms- Nora"),in the principal sum of FORTY ONE THOUSAND AND NO /100----- - - - - -- - - ors
<br />with townat thsraon, provitting far mosithly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />aced plabie osa October 1. 2005 ; the payment of all other sutras,
<br />wNh inttwaae [braes[, advanced in accordance herewith to protect the security of this Deed of Trust; and the performarnce of the covenants and
<br />aOaaeeeU of Dersowa herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />poanW to paryrapit 21 honor Iberein "Future Advances").
<br />30 nails awuMta tbm Borrower is lawfully seized of the emote hereby conveyed and has the right to grant and convey the Property,
<br />that *s Propwty is unascambered, and that Borrower win warrant and defend generally the title to the Property against all claims and
<br />dMMdt, wbjaet to say dadaratiau, easements or restrictions listed in a xhedule of exceptions to coverage in any title insurance policy
<br />iauwrI a Lamlor's lowest is ties Property.
<br />UNIFORM COYBNA! PCS. Borrower and !.ender cove nut and agree as follows:
<br />I. F1lI l erg Pliadp A red lislwwt. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by des Noes, prmpaynew and hue d arysa as provided in the Nose, and the principal of and interest on any Future Advances secured by this Decd
<br />Of Trull.
<br />2. Ftnn6 Nr Tatsts seed Isnamse si. Subject to appikabk law or to a written waiver by Lender, Borrower shall pay to Leader on the day
<br />asoohly Yrto/atMoa of prhtcipol and Worm am payable under the Note, until the Nee is paid in full, a sum (herein "Funds") otgW to ones
<br />twaft of the ywly was and wwnaos which may attaln priority over this Deed of Trust, and ground rents on the Property, if any, plus one -
<br />twelldt or yaw* prsnsim khNanmahtla for haaard insurance, plus one twelfth of yearly pmar ua inwdhaema for mortgage insurance, if any, all
<br />as reawttabiy salSOW inNMny ad from time to time by Lender on the bask of aawmata and bills and reasonable estimates thereof.
<br />The folds dall be lilt in an institution the depalta or accounts of which we insured or Smutted by a Federal or state agency (including
<br />taedar if Lender is such as institution). Lender *All apply the Funds to pay said taxes, awementa, insurance premium and ground rats:
<br />tanhr way aat d wes for so holOgg and applying the Funds, arWyrLg said account or verifying and compiling said assessment% and bills,
<br />atdees lwndw pays borrower iaterast on the Funds and applicable law parnits lender to make such a charge. Borrower and Lender may agree in
<br />writing at the time of ew tion of this Deed of Trust that interest out the Vsnds shall be paid to Borrower, and unless such agreement is made of
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