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<br />DEED OF TRUST i 004669
<br />THIS DEED OF TRUST is made this 25th day of SQptPM r _
<br />(9 85 "tea, CASEY J. IVERSON UNMARRIED ANl) SHARON lc_ MTl I C� uwt�Rl?tl n
<br />(herein "Burrower "). AREND R. BAACK, ATTORNEY AT LAW
<br />(hvxptt "Truster"), and the RawXciasy, HOME FEDERAL SAYINGS fi LOAN AR80CIATION OF DRANO ISLAND NE
<br />a cosporstion Organized and exiatin under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. SOX IM
<br />QPANO IGLAN% NE UM (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 sale, the following described property located in the County of —Hall
<br />State of Nebraska:
<br />LOT FOUR (4), MEADOWLARK ESTATES SUBDIVISION IN HALL COUNTY, NEBRASKA
<br />The Rider to the Deed of Trust which is attached hereto and executed on the same day is
<br />hereby incorporated into the mortgage. The Rider shall amend and supplement the covenants
<br />and agreements of this Mortgage as if the Rider was a part thereof.
<br />which has the address of__.___ __._3604 _ S. Bla i_ne °4,_._... -Grand. 1-5-land ......
<br />(STREET) (01 Y)
<br />Nebraska __x__68801. -_0_ ____ _. iheinn "Property Addtrsc" );
<br />(STATE 4 2fP Ct)DE)
<br />TOGETHER with all the improvements now or hereafter erected on the property.. and all casements, rights, appuricrtances, 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 />additiosfs thereto, shall he 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 (of fee leasehold estate if this Deed of Trust is om a leasehold) are herein referred io as the "Property ";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evrdencal by Borrower's note dated Sept mher 25- 14Re, _
<br />(herein •'Nate "), la fee principal sum of ._E_I GHTY.,_. THI�E�_. T. H4I�SA '�1___?W4_.HUNDREQ_..f.I.ESY Der► 1 AR5 Nn Nn/ f nnDouars.
<br />with iffiest thereon, Qroviding for monthly installments of ,principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />aad pawtvit, ort -____OC L0ber._1s.__?_%LO ------- _.._.,.... _. ___._ ..__ .._. ------------ the payment of all other sums,
<br />with interest thereon, advancrod 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 w paragraph 21 hareof (herein "Future Advances" 1.
<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 unticKsuoMsed, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />damardi. subject to arty deo:laratio ns, easement% or restrictions listed in a uhedulr of exceptions to coverage in anv tick insurance policy
<br />iociuriag Leader's incereo in the Property.
<br />UNIFORM COVENANTS. Borrower and lender covenant and agree as follows:
<br />1. Ta"mm of rsirteipl and b*oW. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by fee Nos, prepaymm and has clnarpts as provided in the /Vote, and the principal of and interest on any Future Advances secured by this feed
<br />of Trust.
<br />2. Fonds for Torsi ad llrstraosa. Subject to applicable law or to a written waiver by tender, Borrower shall ;ray to Lender on the day
<br />monthly minallmeass of principal and interest are payable under the Note, until the Note is paid in full, a sum therein "Funds ") equal to one -
<br />titdfitb of vhf yearly ta7Na and r teats which may attain priority over this Deed of Trust, and grourtd rents on the Property, if any, plus erne
<br />twsMth
<br />of "Will presniwa fix harard insurance, plus o.ne•tweifth of yearly premium installments for mortgage insurance. if any, all
<br />L+a "RWI ably eaaisWad mifirBy and from time to time by Lender on the basis of asse"mertts and bills and reasonable estimates thereof.
<br />The Pands AM be held is an mitututiasn tea deposits or mounts of which are insured or guaranteed by a Federal or state agency (including
<br />I."dw if Larder is Mafi an imMution). Lender shalt apply the Funds to pay said lases, awsmi mis, insufance premiums and ground rents.
<br />Leander may that chatga for - holding and applying the Funds, analyzing said amount of verifying and comisilino said assessments and hills,
<br />00"dm pays Bnrower )msfw ON the Funds and applicable law permits Lender to make such a charge horrowet amt I,endet may agrer m
<br />wtlrias at the tents of eaatcv0on of this raw of rruat that interest on the Funds shall he , ud to Wwrowet, avid isnless such agtrement is ms& yr
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