|
L
<br />DEED OF TRUST 85-004788
<br />THIS DEED OF TRUST is made this A th _ day of September
<br />19 85 &awng the Truslor,_JACKIE LEE HOSKINS AND LEANNA C. HOSKINS,`HU RM —AND WICiI<
<br />(herein "Borrower••), AREND R. BAACK ATTORNEY AT LAW _
<br />(herein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS A LOAN ASSOCIATION OF GRAND 18L
<br />en AND, NE
<br />a corporation organized and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, A. O. BOX 1009,
<br />0)RAN0 ISLAND, NE ONO2 (herein "Under ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />intrust, with power of sale, the following described property located in the County of Hall _
<br />State of Nebraska:
<br />LOT TWENTY ONE (21), BLOCK SIX (6) UNIT THREE (3), CONTINENTAL GARDENS
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, 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 />M
<br />021 Chantilly, Grand Island
<br />which has the
<br />(STREET) W[Ty)
<br />Nebraska 68803
<br />therein' Property Address "); '
<br />(STATE &LIP CODE)
<br />TOGETHER with all the improvements now or hereafter erecter] on the property, and all casements, rights, appurtenances, rents
<br />(subject however to the rights and authorities given herein to tender to collect and apply such rents), royalties, mineral, nil 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 Decd of 'Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this Deed of Trust is on s leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated SePY e�_3D,_l b
<br />(herein "Note"), in the principal sum of FIEU ._ IIiHEE_. IH011SAND_. fO. UR_.- tiUTlDgEt1_IlOLLAIiS- -AtiII_ AIO /1D4.- - _._.._.._ 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 />andpsayabhetm he payment of all other suns,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the perforrnance of the covenants and
<br />agreements of Borrower herein contaioed; and tb) 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 served of the estate hereby :onvcycd and has the right to grant and convey the Property,
<br />that the Ptopersy is tnuxncumbeted, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands, subject to any declarations, casements or restrictions listed in a schedule of exceptions to coverage in any title insurance pxrlicy
<br />ussuir ill Lemlar's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and tender covenant and agree as follows:
<br />1. Poytwl of Ptnfaeippl W inWirst. Borrower shall promptly pay when due the principal of and interest on the indebtedness csidemcd
<br />by the Noce, prepayment and We chin as provided in the Note, and i he principal of and interest on any Future Advances secured by this Deed
<br />of T nurt.
<br />2. Fearlis for Ttaw tats l loseraaee. Subject to applicable law or to a written waiver by lender, lhxrower shall pay to i.cruder tin the day
<br />monthly installments of principal and interest are payable under the Note, until the Note is paid in full. a surn (herein "Funds "f equal to onc-
<br />twelfth of the yearly taxes and asserriments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus ooe
<br />twelfth of yearly premium installments for hazard insurance, plus one - twelfth .,f yearly premium installments for mortgage insurance, if any, all
<br />as reasonably estimated )initially and from time to time by Lender (tn the basis of assessments and hills and reasonable estimates thereof.
<br />The Funds shah be held in an institution the deposits or aycounts of which are insured or guaranteed by a Federal of state agency (including
<br />Lender if (.ender Is .such so institution). [.Crider shall apply the Funds to pay vaid taxes, assessments, insurance premiums and ground rem,.
<br />Under no) no f charge for so holding and applying the Funds, analysing said account or verifying and compiling said assessments and hills,
<br />utrieeu Lender pays Borrower interest on she Funds and applicable paw pernois I. Crider to aisles such a :hargc. Bof rowef and Lender rmay agree m
<br />�trurtg at tht rink of execution of this Deed of "frusl that interest on the fonds shall to paid to Borrower, and unless .rich agreement is inaue of '
<br />—J
<br />
|