|
%,JJ, i 4
<br />DEED OF TRUST 86-- 0047.58
<br />THIS DEED OFTRUSTis made this _ �7th day of Seote bar
<br />WAYNE D Af+NJ(�SON AND JAN m A(1NDSON husbar�__ae�trifP —
<br />l9�?__.tarnongtheTr,nstor, AREND R. BAACK, ATTORNEY AT LAW
<br />pterein "Borrmver "),
<br />(hareia •'Trtmtee "). and the Beneficiary. HOME FEDERAL gAY1#1fi8 i LOAN ASSOCIATION OF GRAND ISLAND NE
<br />a corporation orgattked and exwtistR trader the laws of NESRAEKA whose address is 221 SOUTH LOCUST P. O. 9OX iaoo,
<br />f3RAN0 RiLANO. NE dNO2 (herein "Lander").
<br />BORROWER, in mnisideration of the indebtedness herein recited and the trust herein created. lirrevocably grants and conveys to Trustee,
<br />in frost, with power of sale, the following described property located in the County of ____
<br />State of Nebraska:
<br />A TRACT OF LAND COMPRISING THE NORTHERLY TWO HUNDRED FORTY -ONE AND SEVENTY -ONE (241.71)
<br />FEET OF THE tiESTERLY TWO HUNDRED EIGHT AND SEVENTY -ONE HUNDREDTHS (208.71) FEET OF THE
<br />NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NW4NE4) OF SECTION THIRTEEN (13), TOWNSHIP
<br />TEN (10) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
<br />The Rider to the Deed of Trust which is attached hereto and executed or the same day
<br />is hereby incorporated into the mortgage. The Rider shall amend and supplement the
<br />coverarts and agreemerts of this Mortgage as if the Rider was a part thereof.
<br />(,_aid- T"- land
<br />which has the address of____ -____. -__ _ _. (CITY)
<br />(S'l kP .it
<br />Nebraska - --_._.6.880] thcretn r•ropert) Address "I;
<br />(STATE dtZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, tights, 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, enrol water stock, and all flxtutes now or hereafter attached to the properly, all of which, including replacements and
<br />additions thereto, shall be deemed to be and remain a part of the properly coveted 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
<br />(herein "Note "),in the principal turn of _��xTY_4_I.4t� ?HDUSANQ _9NL2_NO�lOtl_- .-- _--- -. -_.. _ - - -= =_ 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 />the payment of all other sums,
<br />andpayabkon _ Qctobes
<br />wkh insert! 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 "l.
<br />Borrower covenants that Borrower is (awfully 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 />demisnds, subject to may declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insisting LgKkr's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />t Pere" of rsfatelpll ttttsd ttalaraat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />toy the Nate. prepayment as[d )ate chutpn as provided in the Note, and Rte principal of and interest on any Future .Advances secured by this Deed
<br />of Trust.
<br />2. Pwtada 1W Taim Will 1lnarrnee. Subject to applicable law of to a* ritten waiver by tender, Borrower shall pay to Lender on the day
<br />mowlWy i of principd and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds "► equal to one -
<br />twelfth of tht yearly tact and weatrtemts which may attain priority over this Deed of Trust, and ground rents cm the Property, if any, plus ottc-
<br />twslfth of yearly prgo"an installments for hasard insurance, plus one-twelfth of yearly premium installments for mtwtgage insurance, if any, all
<br />L as reasonably estimated initially and from time to time by L ender on the basis of asses meats and bills and reasonable estimates thereof.
<br />The Furtdt shall be held in an institution the deposits or accounts of which are insured or guaranteed by a Federal of state agency (including
<br />Lender if tender is such an institution), Lender shall apply the funds to Pa- said taxes . assessments. insurmnse premiums and ground rents.
<br />I -end" may not chatge for so holing and applying the Funds. analyring said account of verifying and compilnyt said assessments and hills,
<br />1.ettder pays Borrowtt intefeN tin the Fermis sad appliubk law permits 1.endet to make such a thatge. 1orrower and t etxkr may egret in
<br />unim *tiring at the time of esecutuHr of this Deed of Trust that interest on the Funds shall be paid to Borrower, and unless such agteeutent is ma 1e sir
<br />R
<br />
|