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DEED OF TRUST 85-4 Q05778 IM DEED OF TRUST a made this 21st day of tiny bpr ly &r ,agwftdw _I FQNARD it WASSFRMAN AND DFI OR R 1 WIlCCFRMAN- HiMRAND AND WTi=F aterdis "Tartan '). ARENA R, SAAM ATTORNEY AT LAW (bade.. ").mail the iendidibry, HOME FEDELIAI, sAyms a LOAN ASSOCIATION OF GRAND UN ANO, NE a oorporatioaogaeind and exixdm ands thelaws of NEeRAsKA whose address is 221 SOUTH LOCUST, P. O. SOX 10W QMMI MAW Na MM2 (her'eia "'Lerida'•). lORROWER, irtaodidaaten of the indebtednen herein recited and the trust herein created, irrevocably grants and conveys to Trttstee, 7a uuK. mft power of sale, the foAowing desaibod property located in the County of Hal I Stale of Nebraska: LOT TEN (10), COACH PLACE SUBDIVISION, HALL COUNTY, NEBRASKA which has the address of_ 1519 Stagecoach iJ _ Grand Island — (STREET) Win) Nebraska 58801 (herein "Property Adaress"); (STATE &ZIP CODE) TOGETHER with ail the impr'overnents now or hereafter erected on the property. and AU easetoasts. rights. appurtenances. rents toAdea boweva to the rights and authori ties given haein to Lender to cWieci and apply such rents), royalties, mineral, oil and gas rights and profits, water. water rights, and water stock. and all fixtures now or hereafter attached to the property. aU of which. including replacements and addition dwao, tiW be dawned to be and remain a pan of the property covered by this Deed of Trust; and all of the foregoing, together with sod property (or the ineadiold estate if this Deed of Trust is at a lcasehoid) are herein referred to as the "Property"; TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated November 21. 1985 "Nowt' ht the principal � of FIFTY FOUR THOUSAND DOLLARS AND NO1100 ------- - - - - -- Dollars. thoanais ). _.._ with interest tbsueas, providing for monthly installments of pea ipal and interest, with the balance of the indebtedness, if not sooner paid, due md>�� December 1 2000 ; the payment of aH otter sums, with imeraa tbersow, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and aewemeast of glarawa herds contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender parsisast to paragraph 21 Wad (beatdn "Future Advances "). lorrower covAams thin Borrower is lawfuUy sdsed of the estate hereby conveyed and has the right to grant and convey the Property. that the Propmy is uawstcambaad. and that Borrower will warrant and defend generally the title to the Property against all claims and demands, nb0a to magi dmduaboas, easements of restrictions listed in a schedule of exceptions to coverage in any title insurance policy imewiog Lender's iaAvm is the Property. UNIFORM COVENAMS. Borrower and Lerida covenant and agree as follows: 1. i'ayaaaa -alp siatlpi mad Wafter. Borowa shall promptly pay when due the principal of and ioerest on the indebtedness evidenced by shit New. p open n aid last charges as provided in the Note. and the principal of and interest on any Future Advances secured by this Deed c(Tr". 2. 1116Ns lwr Tana sad lntranat. Subject to applicable law or to a written waiver by lender, Borrower shill pay to Lender on the day tsosethty iawal mom of pr' -it I read medest are payable under the Note. until the Now is paid in full. a sum (here n "Funds ") equal to otse- twaifth of tine yawly taxes and aseftsme is elyd► may attain priority over this Deed of Trust, and ground tents on the Property. if any. plus one- tww a o(vai ly P"Mitim isnaolamst for hu"d isaraoce, plus tme•iwelfth of yearly premium mstallmests for mortgage insurance. if any, all • reummW aslinwwd hilsaft and from tiara to time by Leach on the basis of assessments and bft and rasomble estimates thereof . 'r..w Fronds W" be hAd to an imtkution the deposits or accounts of which we insured or guaranteed tot a Federal or state agency (including LaMw if La Mw is such an lnttltaioaf. Lender shall apply the Fus.ds to pity said times, assessments, insurance premiums and ground rerun Leaden may set eltimp for as homy{ and apply" the Funds. analyang crud account o t verifying and resmftiling sand assessment. and tai3ls. oNWwlAmdwVWAw~ interim on the Funds w4 applicable law permits Lender to make such a c harge iksri owet and Lender may' agree ut rritmg M the time or eswctium of this L imd of Trust that incemst cm itne Fund% shali he pwd ,o )kvty *v • and uniesx ,uch attreement is made of R