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DEED OF TRUST <br />THIS DEED OF TRUST ("Securit Instrument ") is made on ...... Oct. nber ..A� ......................... <br />........................... <br />1995,..... The trustor is ...T?��,H8�6...R,•..KQ. 6.. A1! �.. 4, AR1..K.,..xQHL.,...husktat:d... aid.. wS. fe ........... ..............................� <br />( "Borrower "). The trustee is AREJM-- R- ..,BAACIL,...attosn <br />............. <br />...................................................................... ............................... ...................... ( "Trustee "). The beneficiary is <br />.F.EDEEML..SAVIN134, -&., LOAN...ASSOC.IAIIOM..OF. -LRANO ...ISLAND .................. which is organized and existing <br />under the laws of.......... NEBRASKA .................................................. and whose address is ..zz.1...Sp.....Locuat <br />la!' tix.. R% �k?& 53�1C A........... Qua ......... I ................ .............r). <br />Borrower owes .......................................... ............................... (..Lender "). <br />Lender the principal sum of 51X T.Y...ONE...T.HQUSANQ.. T1M..HLIAIDREA..AND...uo %1OD.. <br />^- ---- -- ---- -- 'Dollar (U.S. S...61,..7.Q.O..QQ ........... . This debt is evidenced by Borrower's note <br />................................. ............................... <br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not <br />paid earlier, due and payable on .......... NOW 917 1pe>; ... L.... ZD4S ................... ...:........................... . <br />............... ............................... <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 Trustee, in trust, with power of sale, the following described property <br />locatedin ............... ...........................NALL ..................................................... ............................... County, Nebraska: <br />LOT NINE (9), BLOCK TWO (2) IN ASHTON PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />cn � rn <br />r� _4 <br />IS <br />LO <br />lA J <br />lip -..t <br />which has the address of ...................2.308 yesi Koenig G <br />rdnS�..I .1.chS� .............. <br />Isnertl .......... r. <br />Nebraska FiHQQX .................. aryl <br />("Properly Address "); <br />;ro cooel <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or <br />hereafter a part 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 />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with <br />limited variations by jurisdiction io constitute a uniform security instrument covering real property. <br />UNIFORM COVENANTS Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal and Interest; Prepayment and Late Charges, Borrower snail prornptly pay when duc <br />tht principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the 'Nutt• <br />3. Funs$ for Taxes and Insurance. Subject to applicable law or to a wraten waiver by Lender, Borrower Ohall Kati <br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds ") equal to <br />one•tweifth of (a) yearly taxes and assessments which may attain priority over this Security Instrument. Ih) Ncarls <br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums. and td) �carlt <br />mortgage tnsuranct premiums, of any. 'These items are called ••escrow items." Lender may estimate the f unris due on the <br />bASIS Of current data and reasonable estimates of future escrow items. <br />I`hc Funds shall be held in at institution the deposits or accounts of which arc insured or guaran; :cd hs .r Iederai ,t <br />%late agency' irr;cl(,d,r}g Lender if Lender is such an institution). I.P.rrder •,hall ipply the funds tr, nay the esl.[ ," iterrr�. <br />tender may nut charge for holding and applying the Funds. analyzinx the acx:ount or ,errt lrlg III( <br />