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DEED OF TRUST 85_. 005282
<br />THIS DEED OF TRUST ("Security Instrument") is made on 19-.85 .... - The trustoris ........ Rx.c.h.. and.. San:... �s371' �.€ s.. S .slJ.e�..R.f ..G.rand...bsland,, Inc......
<br />...............................
<br />............................................ ............................... (" Borrower "). The trustee is .............................
<br />Five Points Bank
<br />.... ............................... (..Trustee "). The beneficiary is
<br />................................ ...............................
<br />Five Po i n t.. Bank , which is organized and existing
<br />......................................................................... ...................................................... . . ga
<br />Nebraska •••is 2015 North Broadwell
<br />under the laws of .............................................. ............................... and whose address is ...............
<br />............... .�z�..T.s. and.,.. N ..... zBQ ............................... .... .........................r.....
<br />Borrower owes Lender the principal S>xt one tousani).'eight .undre3 "twenty
<br />("Lender").
<br />and45J100 P Pal sum of .............. X..............:............................................................. ...............................
<br />...... ----- - - - - -. Dollars (U.S. S... l.& .3.,..45...........). This debt is evidenced by Borrower's note
<br />.... ............................PAY ..........................
<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 able on ........... Diouetnher ... L_ 19. 91 ............ ..................•--- -........
<br />This Security Instrument secures to Lender: (a) the repayment ..................est,.. . all
<br />epayment 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 ..................................... Ball ............................................................... ... ......... County. Nebraska:
<br />.........................
<br />Lot Seven ('), Wildwood Subdivision, a part of the Northeast quarter
<br />of the Norther st Quarter (NE; NLA) of section twelve (12), Township
<br />ten (10) North, Range ten (,10) West of the bth P.M., Nall County, Nebraska
<br />and
<br />Lot Five (5). in Wildwood Subdivision, ]la]] county, Nebraska
<br />which has the address of ........ts: ............................ ............................... gar ..d...1�.r;d........................
<br />(streeq
<br />i =err:
<br />Nebraska .................. r,b&,1.... ..... ............. ( "Property Address ");
<br />!zw code]
<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 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 wish
<br />limited variations by jurisdiction to constitute a uniform sccuaty instrument covering real property.
<br />UNIFORM COVENANTS Borrower and Lender covenant and agree as follows.
<br />I. Payr"nt of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due
<br />the Principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note
<br />2. t:iutlds for TaXes and Insurance. Subject to applicable law or to a written waiver by Lendet. Borrower shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid Jr, full, a sum {'•Funds'• i equal to
<br />one- twelfth of: (a) yearly taxes and assessments which may attain priority over ,his Security Instrument. (bi -.early
<br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums: and idt %early
<br />mortgage insurance premiums, if an) . These items are called "escrow items, •' Lender may estimate the Funds due on the
<br />basis ofcurrent data and reasonable estimates of future escrow items.
<br />The Funds shall be held in an institution the dep(mits or accounts of which are insured ,)r guaranteed by a fedcta; ;:r
<br />state agency (including Lender if Leader is such an institution). Lender shall apply the Funds u, ;,a) the escrow stems
<br />Lender may not charge for holding and applying the Funds, anaiyzing the account or terik-ing the .-,crow it; iris. ;;r;iesl
<br />NIFA R /S4
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