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<br />DEED OF TRUST 85--• 004446
<br />THIS DEED OFTRUST is made this 11th day of September
<br />19 85 ,Nw"dwTrwff, EVERETT C WILEY SR AND BETTY L WILEY0 URRawn AND WIFE
<br />•)•), AREND R. OAACK, ATTORNEY AT LAW
<br />(lwtaw••Tf$Wl).FtheRatdkiery, HOME FEDENAL SAM"
<br />A�OCIATION OF GIIAN_D ISLAND. HE
<br />SAW
<br />gcoqwgtimorgemiodudedommadwdwimoC MMA A whose address is Zit SOUTH LOCUST, P. 0. SOX 1005,
<br />01111A1tW NiLANO. NE: OM (herds "Lender ")
<br />aDRROWER, inconsideration of the indebtedness herein recited and the trust herein created irrevocably grants and conveys to Trustee,
<br />in trts it With poser of wle, Ilse (oYowins
<br />described property boated in the County of
<br />--
<br />Stsleo(Nabradiw
<br />Part of the East half of the Southwest Quarter of the Northeast Quarter (E%NW;A) of Section
<br />Ten- (10),in Township Eleven (11) North of Range Nine (9) West of the 6th P.M., Hall County,
<br />Nebraska, more particularly described as follows:
<br />Commencing at a point Two Hundred Sixty Four (264).Feet North of the Southeast Corner of the
<br />Southwest Quarter (SW4) of the Northeast Quarter (NE:) of Said Section running thence West
<br />for a distance of Three Hundred and Thirty (330) Feet; Thence running North for a distance
<br />of One Thousand and Fifty Six (1056) Feet; Thence running East for a distance of Three
<br />Hundred and Thirty (330) Feet to the Northeast corner of the Southwest Quarter of the North-
<br />east Quarter (SANE14).of said Section and thence running South a distance of One Thousand
<br />and Fifty Six (1056) Feet to the place of beginning, EXCEPTING therefrom a tract of land
<br />more particularly described in the report of appraisers recorded in the Hall County Register
<br />of Deeds Office in Book 29 Page 377.
<br />which has the address of 1503 E. 9th,, Grand Island, f E 68B0� _ _
<br />(STREET) (CITY)
<br />__._.therein "Property Address"):
<br />(STATE A 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 />addlitioss thereto, shall be deemed to be and remain a part of the property covered by this feed of Trust; and all of the foregoing, together with
<br />said property (or the lentehohd estate if this Deed of Trust is on a leasehold) are herein referred to as the "Progeny ":
<br />TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated _ fontamhar 11 1913s;
<br />(havis "Nose"). is the principal Burn of . TH ISANII 511 HI IND U EI ,HI NI NF s,
<br />witb tbenon, provWW4 for monthly i4ma nsill of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on SeRtant2Pr the payment of all Other sums.
<br />with inures tlser ion, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />yteeweMa of Borrower hear coataiiaed; said (b) the repayment of any future advances, with interest thereon. made to Borrower by Lender
<br />pursuant to paragraph 21 bwwf (herein "Future Advances "),
<br />Borrows covitissim that Borrower is lawfully seised of the estate hereby conveyed and has the right to gram and convey the Property,
<br />leap the Properly is ummumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />desnaads. wbjact to any deeWations, etwenttmts or restrictions listed in a schedule of exce�eption$ to coverage in any title insurance policy
<br />mosi ttg Lender's interest in the Property.
<br />UNIFORM COVENAM S, Borrower and Lender covenant and Sarre as follows:
<br />1. N of Psth*d U& harso. Borrower shalt promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by tlse Now, pnpayMaM and less dierges as provided in the Nate, and the principal of and interest on any Future Advances secured by this Deed
<br />Of Tram.
<br />2. Ot ok he Tstaw std lnessanee. Subject to applicable law or to a written waiver by Leader, Borrower shill pay to Lender on the day
<br />MGM* s"" of p rinel0nl and interest an payable under the Note, until the Note is paid in full, a sum (herein '- Funds ") equal to one -
<br />twelRll of the yuslly rase wit aeeam oU wench nay attain priority over this Deed of Trust, and ground rents on the Property, if any, plus One-
<br />twdhM of yearly prpMms Nnpalkninsts for Masaid insurance. plu. one•twa(th of yearly premium installments for mortgye insurance, if any, all
<br />L M to see sebpy asiesaad WAk* end from thse to time by L .under on that basis of assessments and tilts and reasonable estimates thereof.
<br />no Fnlllde *,A be Mild In an institution the deposits of accounns of which are insured or guaranteed by a Federal of state agency (including
<br />tAWn B Leader is sech an hi titutioa). Lauder shall apply the Funds to pay said lam, assessments, insurance premiums and ground rents.
<br />Leader mays not charge for see ' 111" q sad applying the Fuml+, analyzing said accouat of verifying and compiling said assessments and bills,
<br />unless Lender pays llorrowaf interest on the Fuadn and apPksbk law permits Leader to snake such a charge. aanower and Leader may agree in
<br />wrpisg at the time of eeeeWion of this Dead of Trust that interasi on the Funds shall be paid to Borrower. and unless such agreement is made or
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