DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on .................Oc :obex::7
<br />19 .... 1I ... The trustoris ... Russell L. Ba leas and F... .. L. Ballcu� Husband and 'dire
<br />........................................... ............................... ................... .................... I...........
<br />( "Borrower"). The trustee is ... ?Jgrwest ��nk„ Neil :a�ka.....Nd: }.a ?i�stt
<br />. S 5. QCx r3tJ. Rt1 ........................................................................................ ............................... (..Trustee"). The beneficiary is
<br />NAS'.wr:.S.t:.. Bank ..Nahr:askd...Natiana.l,..l�.s. SRC .iatxat� ....................... ..., which is organized and existing
<br />. .........
<br />under the laws of ......The..Unire ..S2ate..of.. Amexica............ and whose address is
<br />Netasxa.. 681. a3 ............................................................ ............................... "Lend
<br />Borrower owes Lender the principal sum of . �H.enxX -Saar it...T.hCUSaits]...wail..rJ
<br />- --- ---- --- --- -------- -- --- -- .
<br />. . Dollars (U.S. S ... 2: ?...QQIJ.,.O.Q........... ). 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 .. N.4ytPA.g#'..1.,...�o.Q5,......
<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 />located in ................................................... Hall ..................... County, Nebraska:
<br />................................... ...............................
<br />Lot Fifteen. Ed Ros.^ Subdi.✓ision- + ? ,
<br />�:� the '�.'U!'t. ^. .fi.0 QL'a Y'2 �__ ( iltti )
<br />Of Sect --n .xr. (,2), it Towrahia Lleven (li) !lcmth, nan_.,e ie (Iu) Wes: of the
<br />6th P.M., In Hall County, Nebraska.
<br />which has the address of .................. _ n r toad
<br />Istreetj
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<br />Nebraska .... ................ 6.�:u ............................. ("Property Address"),
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<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 />hereafter span of the property. All replacements and additions shall also be covered by this Security instrument. Ail 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 warranu
<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 to constitute a uniform security instrument covering real property.
<br />UNNFORM COVENAti7ti Borrower and Lender covenant and agree as follows:
<br />1. Payment *(Principal and Interest; Prepayment and II-ate Charges. Borrower shall prompil} pac when due
<br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the .%Ote
<br />2, Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender. Borrower Nhall , a%
<br />to Lender on the day monthly payments are due under the Note, until the dote is paid iii full, a sum t "funds ") eyuai 1,1
<br />anc- twelfth of: (a) yearly taxes and assessments which may attain priority over this Security Instrument. (ht )earls
<br />L kasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums and tdi Nearly
<br />mortgage insurance premiums, if any. These items are called "escrow items " Lender may estimate the funds due ran lire
<br />basis of current data and reasonable estimates of future escrow items.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a lederai ,'r tr
<br />state agency (including Lender if Lender is such an institution) Lender sf :all apply the funds ;u pat the cscr w ,tans
<br />Lender may not charge for holding and applying the 1' unds, analyzing the aL ,cunt or .cnfpmg the rs trio ,ie;;;s, unit.,
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<br />which has the address of .................. _ n r toad
<br />Istreetj
<br />(t ..*
<br />Nebraska .... ................ 6.�:u ............................. ("Property Address"),
<br />i p codel
<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 />hereafter span of the property. All replacements and additions shall also be covered by this Security instrument. Ail 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 warranu
<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 to constitute a uniform security instrument covering real property.
<br />UNNFORM COVENAti7ti Borrower and Lender covenant and agree as follows:
<br />1. Payment *(Principal and Interest; Prepayment and II-ate Charges. Borrower shall prompil} pac when due
<br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the .%Ote
<br />2, Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender. Borrower Nhall , a%
<br />to Lender on the day monthly payments are due under the Note, until the dote is paid iii full, a sum t "funds ") eyuai 1,1
<br />anc- twelfth of: (a) yearly taxes and assessments which may attain priority over this Security Instrument. (ht )earls
<br />L kasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums and tdi Nearly
<br />mortgage insurance premiums, if any. These items are called "escrow items " Lender may estimate the funds due ran lire
<br />basis of current data and reasonable estimates of future escrow items.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a lederai ,'r tr
<br />state agency (including Lender if Lender is such an institution) Lender sf :all apply the funds ;u pat the cscr w ,tans
<br />Lender may not charge for holding and applying the 1' unds, analyzing the aL ,cunt or .cnfpmg the rs trio ,ie;;;s, unit.,
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