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DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument ") is made on ....,5VBP. r... p .................... ............................... <br />19.....85.. The tnistor is .... Tom. .7...Jielam.,Ar d -iQr rgtt'.d.. ? LId.. Wiflv .. ............................... <br />..... fin .......................( "Borrower"). The trustee is...................................... ............................... <br />SNptd>~3 ... ]`IR$t9Al a Jt>!~. .... (hich is organized iz a bandActary s <br />under the laws of...tlt�tt Sfr7lt�..t7t1 .. s . which is orpnired and existing <br />..t�bxdtdkr7t.... and whose address is ..................................................... <br />2121. No�tlt ..itlert�..ae�td...P..Q...AGx 1fiQ... �iCdnd ...xS�i1)7Kl[..Ii..�t�A.0.2 ............................ ( "Lender".). <br />Borrower owes Lender the principal sum of .......... hirt4...: b1xxSa IA. ,dtld..M IIDQtlm: -... <br />Dollars (U.S. S ...... 30.,A00„ 00........). This debt is evidenced by Borrowers note <br />deed the sow date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not <br />paid earlier. due and payable on ....... Octaber.. L... 20A. 5 ...................................................................... ............................... <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all <br />renewals, extensions and modifications-, (b) the payment of all other sums, with interest, advanced under paragraph 7 to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpose, Borrower irrevocably grants and conveys to Trusts, in trust, with pow of sale, the following dperibed property <br />locatedin ...................................................................................... ..................Nal�......... ........................ County. Nebraska: <br />lot TWo Hundred Nine (209) in Belmont, an Addition to the City of Grand Island, <br />Hall County, Nebraska <br />CD ry Cn M <br />-1 ce <br />rtes cn J O <br />which has the address of Grartci 1 s land, "' <br />P (Strwt) (Carl c <br />r Nebraska .......... 68803 .. ............................... ( "Property Address "); <br />Rill coal o <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements. rights, <br />appurtenances, rents. royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or <br />hsraaAera prat of the property. All replacements and additions shall also be covered by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant <br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants <br />OW will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THis SEcuatTy INSTRUMENT Combines uniform Covenants for national use and nonuniform covenants with <br />MwAW variation by jurisdiction to constitutes uniform security instrument covering real property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. tit at? rrindpl tai tnteteat; Prepsyasent std Late Charges. Borrower shall promptly pay when due <br />11110 principal ofaed interest on the debt evidenced by the Note rad any prepayment and late charges due under the Note. <br />L Ftrni far Taws sad Inewante. Subject to applicable law or to a written waiver by Lender, Borrower shall pay <br />so Lander on the day monthly payments are due under the Nate, until the Note is paid in full, a sum ( "Funds ") equal to <br />000-hvWhb of: (a) ynrlY taxes and assessments which anal attain priority over this Security Instrument; (h) yearly <br />lendaid ppyopts or ground rents on the Property, if any; (c) yearly hazard insurance premiums: and (d) yearly <br />ft0rV a hu rartce premium if any. These items are called "escrow items." Lender may estimate the Funds due on the <br />baaia of twraut data and reasonable estimates of future escrow items. <br />The Fatde shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or <br />Mats agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the escrow items. <br />Larder may not charge for holding and applying the Funds, analyzing the account or verifying the ewrow items, unless <br />P.M4 l4I5 all <br />NIVA 5 /85 I <br />.J <br />