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DEED OF TRUST 85- 004548
<br />THIS DEED OFTRUST is made this _ - 12th day of _ SEntemher
<br />19 85 ,arnonstheTrustor, LARRY L. KIMBLE AND DEBORAH L KIMBLE husband and wife
<br />(herein "mower "), AREND R. SAACK ATTORNEY AT LAW
<br />(herein "Trustee "). and the Beneficiary, HOME FEDERAL SAVINGS hi LOAN ASSOCIATION OF GRAND ISLAND NE
<br />a corporation organized and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST._ P. O. BOX 1009,
<br />GRAND ISLAND, NE 9990Q (herein "Lender ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sak, the following described property located in the County of HALL
<br />State of Nebraska:
<br />LOT TWENTY (20),IN BLOCK TWO (2) IN BEL -AIR ADDITION TO THE CITY OF GRAND ISLAND,
<br />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 this mortgage as if the Rider was a part thereof.
<br />which has the address of 1722 Idlewgod Lane _ Grand Tslanrt
<br />(STREET) (CITY);
<br />Nebraska 68801
<br />(STATE alt ZIP CODE) (herein "Property Address ");,
<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 />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 12, 1985
<br />(herein "Note'), in the principal sum of TWENTY SEVEN THOUSAND THREE HUNDRED FIFTY AND NO /100 - - - --- .Dollars,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and pay" on October 1, 2000 _ _ T_ _ _ _ the payment of all 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 />Borrower 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 declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows;
<br />I. r*EW sat rrineiMl acid Iwessat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, Prepayment and late charges as provided in the Note, and the principal of and interest on any Future Ad, antes secured by this Deed
<br />of Trust.
<br />2. Iromdo tors' Tom anal howattss. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />nnoretbly irotallments of principal and interest as payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one -
<br />twelfth of the yearly taxes and assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one -
<br />twelfth of yearly premium Installments for hazard insurance, plus one- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Fwnds shall be WW in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Leader if lender is such on Institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Lender may not chat for so holding end applying the Funds, analyzing Y charge g y ng said account or verifying and compiling said assessments and bills,
<br />unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such s charge. Borrower and Lender may agree to
<br />writing or the time of execution of this Deed of Trust that Interest on the Funds shall be paid to Borrower, and unless ouch agreement is ma :e or
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