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DEED OF TRUST 85 --000
<br />85HISDEEDOFTRUSTismadethis 11th day of Seotember
<br />19 iimongtheTrustor, GERALD N. HELZER AND BEVERLY J HELZER husband and wife
<br />(herein "Borrower "), AREND R. BAACK ATTORNEY AT LAW
<br />(herein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS i LOAN ASSOCIATION OF GRAND ISLAND NE
<br />a corporation orpniaed and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. BOX 1009,
<br />GRAND ISLAND, HE 09902 (herein "Lender").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein cr HtAll evocably grants and conveys to Trustee,
<br />intrust, with power of sale, the following described property located in the County of A
<br />State of Nebraska:
<br />LOT FIFTY SEVEN (57), IN CASTLE ESTATES SUBDIVISION, HALL COUNTY, NEBRASKA
<br />The Rider to the Deed of Trust which 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 the Mortgage as if the Rider was a part thereof.
<br />which has the address of! 4034_¢ urkingFj- �ri_yeGrand Island
<br />(STREET) (CITY[
<br />Nebraska 68801 thcrein"PropertyAddress "1;
<br />!STATE A iTP CODE) - - - - -- -- — --
<br />TOGETHER with all the improvements now or hereafter erected on the propserty, 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 />additions thereto, shall be deemed 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 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 _ September 11, 1985
<br />rhnein "Note"), in the principal sum of --THIRTY SIX THOUSAND AND NO/100 -� - - - ---` Dollars,
<br />with imerest thavon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if rat sooner paid, due
<br />andpayaaeou _ �& � .$C�a._� __ �___._ _,..._... ..- ..._.__..___.__- __.._- the payment ofall other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pursuant to paragraph 21 hereof (herein - Future Advances-)-
<br />Burrower 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 title to the Property against all claims and
<br />demands. subject to any dtxlaratiats, easemms or restrictions listed in a schedule of exceptions to coverage in any title insurance I"- icy
<br />Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. traytual N lwrlrelld Wei lasslrla. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note. prepayment and late charpa as provided in the Note, and the principal of and interest on any Future Advances secured by this feed
<br />of Trust,
<br />2. Fame hr Twee "d innrtnae. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />monthly etetaflimenits of priadval and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one•
<br />twelfth of the ywly tam and assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one -
<br />twdith of yeoty preaiwn instaltmetts for haiardd insurance, plus one twelfth of yearly premium installments for mortgage insurance, if any, all
<br />La restionably eatim od initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Fun& shall be kW In an itatitutiart the deposits or accounts or which are insured of guaranteed by a Federal or state agency (including
<br />I.erndex if leaden is such an institution). Derider shall apply the Furls to pay said tun, assessments, insurance premiums and ground rents.
<br />Lend" atay ads[ charge for so holding and applying the Funds. Rndyxing said account of verifying and compiling said assessments and hick,
<br />unless [-"&c prays 0cxrowet interest on the Funds and applicable law permits Lender to make such a charge. lkwTO Yen and I ender may agtee m
<br />"filing at the time of execution of this !heed of ' ?'rust that interest on the Funds shall he paid to WMI70%Ct. and unless such agreement is made of
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