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DEED OF TRUST 85-- 00447.
<br />THIS DEED OF TRUST is made this ......12th.. ................ day of .September... .......... ,
<br />19.$5 .. among the Trustor. - I)OV14. C. P-Asters . and. Rosemary . Powers .Husband. and .Wif a ...........
<br />(herein " Borrower ") .................... .
<br />lrlrtet. ADYfltCiCan. Tithe .1nsur40m .CQlapany.... • . • • • • • • • (herein "Trustee "). and the Beneficiary.
<br />........... $tl=1ty.'Rucif1C. FittMctt .Corporation ..................... a corporation organized and
<br />existing under the lays of ... .the state, of, Nebraska ........... ............................... .
<br />whose address is .. . 332,3. Wtst. Capital .Ave. Gratin . Island,. N,ehrask,a. (herein . ... .
<br />fender").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created. irrevocably grants
<br />and conveys to Trustee. in trust, with power of sale, the following described property located in the County of
<br />...... I .. I .... ita].I. , , , , , _ • • „ . . . . ........... State of Nebraska:
<br />Lot 3, Block 8 in MOrri.s 5th Addition to the City of Grand
<br />Island,Ilall County, Nebraska
<br />k07
<br />which has the address of ..... E., 19th ,,,,,,,,, ,,,,,,,,,,,,,,,Gran.. Island .................
<br />...... .
<br />ISuen � •� "''
<br />Nebraska ........ 6000.1 ............. (herein "Property Address ");
<br />its coarl
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all casements. rights.
<br />appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of
<br />the foregoing. together with said property (or the leasehold estate if this Eked of Trust is on a leasehold) are
<br />hereinafter referred to as the "Property ",
<br />To SECURE to Lender the repayment of the indebtedness evidenced by Borrower note dated .................
<br />, , , , , , , , , , , , ,,,,, I ......... and extensions and renewals thereof(herein "Note "1, in the principal sum of
<br />U.S. 3 ..... WM,19 ...... . . ........ with interest thereon. providing for monthly installments of principal and
<br />interest. with the balance of the indebtedness, if not saner paid, due and payable on ..SCprt Ib!'- F..1 ?- AM :
<br />the payment of all other sums. with interest thereon, advanced in accordance herewith to protect the security of this
<br />Dad of rust; and the performance of the covenants and agreements of Borower herein contained.
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />convey Elie Property. and that the Property is unencumbered. except for encumbrances of record. Borrower covenants
<br />that Borrower warrants and will defend generally the title to the Property against all claims and demands. subject to
<br />encumbrances of record.
<br />UNIFORM COVENANTS, Borrower and Lender covenant and agree as follows:
<br />1. P,yISallt of Prig o std IMlerest. Borrower shall promptly pay when due the principal and interest
<br />indebudness evidenced by the Note and late charges as provided in the Note.
<br />2. PMds far Tam atsd Iswrame. Subject to applicable law or a written waiver by Lender, &orrower shall pay to
<br />Leettder at the day monthly payments of principal and interest are payable under the Note, until the Note is paid
<br />in full. a sum (herein "Funds") equal to one twelfth of the yearly taxes and assessments (including condominium and
<br />planned unit development assessments, if any) which may attain priority over this Decd of Trust. and ground rents on
<br />tke property, if any, plus one-twelfth of yearly premium installments for hazard insurance. plus one-twelfth of yearly
<br />presnirm installments for mortgage insurance, if any, all as reasonably estimated initially and from time to time by
<br />Lender on the basis of assessments and bills and reasonable estimates thereof. Borrower shall not be obligated to make
<br />wch payments of Funds to Lender to the extent that Borrower makes such payments to the holder of a prior mortgage or
<br />deed of trust if such holder is an Institutional lender.
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