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DEED OF TRUST 85-005383
<br />r THIS DEED OF TRUST is made this 28th day of October
<br />f 19 among ftTtustor, UTENGKEO SAYCOCIE AND ALINE SAYCOCTE husband and wife
<br />(herein "Borrower "). AREND R. SAACK, ATTORNEY AT LAW
<br />(heron "Trustee "), and the Beneficiary, NOME FEDERAL SAVINGIS A LOAN ASSOCIATION OF DRANO ISLAND, NE
<br />a corpatsition organized and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. BOX IM,
<br />GRAND ISLAND, NE INIM (herein "Lander ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sak, the following described property located in the County of HALL
<br />State of Nebraska:
<br />A TRACT OF LAND COMPRISING A PART OF THE SOUTHWEST QUARTER (SW4) OF SECTION FOURTEEN
<br />(14), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.m., IN HALL COUNTY,
<br />NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE WEST
<br />LINE OF SAID SECTION FOURTEEN (14), SAID POINT BEING TWO HUNDRED THIRTY -FOUR AND FOUR
<br />TENTHS (234.4) FEET NORTH OF THE SOUTHWEST CORNER OF' SAID SECTION FOURTEEN ( 4); TWEfuCE
<br />NORTHERLY ALONG THE WEST LINE OF SAID SECTION FOURTEEN i.14), A DISTANCE OF ONE HUNDRED
<br />SEVENTY (170.0) FEET; THENCE EASTERLY PARALLEL TO THE SOUTH LINE OF SAID SECTION FOURTEEN
<br />(14), A DISTANCE OF TWO HUNDRED SIXTY (260.0) FEET; THENCE SOUTHERLY PARALLEL TO THE
<br />WEST LINE OF SAID SECTION FOURTEEN (14), A DISTANCE OF ONE HUNDRED SEVENTY '7D.0 FF._
<br />THENCE WESTERLY PARALLEL TO THE SOUTH LINE OF SAID SECTION FOURTEEfd (1st)1 A D!STA!,JC =y
<br />OF TWO HUNDRED SIXTY (260.0) FEET TO THE PLACE OF BEGINNING,
<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 />covenants and agreements of this mortgage as if the Rider was a part thereof.
<br />which has the address of 609 South S-rtjhr R,cari _ ;rash ?Mari
<br />(STREET) (CITY)
<br />Nebraska 68801 (herein "Property Address ");
<br />(STATE & ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, 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, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />additiau thereto, shall be deemed to be and remain a part of the property covered by this Deed of Trust. and all of the foregoing, together with
<br />said property (or the lasehoki 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 r1r -rtnar ?A t qP r; _
<br />( herein "Note "),in the principal sum of _FORTY THOUSAND AND NO`= --------- -------- --- -- 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 />and payabk on No ember _1, 2005 _ _; the payment of all other stuns,
<br />with interest thereon, advanced it.. 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 />pursusm to paragraph 21 hereof (herein "Future Advances ").
<br />Borrower covenants that Borrower is lawfully seised of the estate hercbv 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 />demands. subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />housing Lander's imerset in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Piet of Psiaellad Bud ItaNeast. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Noes, prepayment tad late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Decd
<br />of Trust.
<br />2. F966 hr Tonnes sag Ia oressi s, Subject to applieahbk law or ton written waiver by Lender, Borrower shall pay to lender on the day
<br />moothly Installments of principal and intermt arc payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one -
<br />L twelfth of the yearly farm and aasament& which may attain priority over this Deed of Trust, and ground rents on the Property, if arty, plus one•
<br />twaltth of yearly premium iaatallsiona for hued insurance, plus once- twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably estimated isutially sail from firne to time by Leader on the basis of assessments and bills and reasonable estimates thereof .
<br />The Fun& stall tot held in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including j
<br />d.Ander if l.mder is such an institution). Lender shall apply the Funds to pay said taxes, assessments, insuratim premiums and ground rents
<br />Leader may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and: hills,
<br />unless Lewder pays Borrower interest on the Funds and applicable law permits Lender to make catch it charge lkntowcr and I,cntder nma aaer in
<br />writingal the time of execution of this Ind of "17um that interest on the Funds shall be paid to Btnn>wrr. and unles such agreement to made o,
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