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<br />85-- 00 ,5787
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is made this_ 20th dayof November
<br />19 85 _,amongtheTruitor, MARILYN K BRENnt r n stun) c oGaSON
<br />(herein "Borrower"). AREND R. OAACK ATTORNEY AT LAW
<br />(Main "Trustee "). and the Beneficiary, HOME FEDERAL SAVINGS i LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a corponnioss organized and existing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. SOX low,
<br />GJIAND NP AND, NE g= (herein "Lender ").
<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 sale, the following described property located in the County of HALL
<br />State of Nebraska:
<br />UNIT C -2, RIVERDALE HAMLET CONDOMINIUM PROPERTY REGIME, AS THE SAME CREATED BY A MASTER DEED
<br />AND PLAT RECORDED IN BOOK 175, PAGE 543, AND THE CORRECTIVE MASTER DEED AND PLAT, INSTRUMENT
<br />NO. 76- 001951 RECORDED IN THE REGISTER OF DEEDS OFFICE, HALL COUNTY, NEBRASKA, THE ABOVE
<br />DESCRIBED PROPERTY BEING A PART OF LOTS ONE (1), TWO (2), THREE (3) AND FOUR (4), RIVERDALE
<br />SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND LOTS FOUR (4),
<br />FIVE (5), AND SIX (6), IN BLOCK. FIVE (5) IN REPLAT OF RIVERSIDE ACRES, AN ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Rider tothe Deed of Trust which is attached hereto and executed on the same day is
<br />hereby incorporated into the mortgage. The Rider shall amend and supplement the covenants
<br />and agreements of this Mortgage as if the Rider was a part thereof.
<br />which has the address of __2707 August -----Grand Island
<br />(STREET) (CITY)
<br />Nebraska 68801 ,(herein "Property Address ");
<br />(STATE A 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 to 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 />additions thereto, shelf 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 leaahold 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 November 20, 1985
<br />(herein "Noe "},intiteprincipal sum of ___ FIFTY FIVE THOUSAND DOLLARS AND NO /100 Dollars,
<br />with jowm t thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on December 1. 2005 _ ._ ; the payment of all other sums.
<br />with interest thereon, advanced in 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 />pursuant to paragraph 21 hereof (herein "Future Advances").
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby 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 />dosands, subject to any declaralfons, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring I.eoderIs interest in the Property.
<br />UNIFORM COVENANTS. Borrower and lender covenant and agree as follows:
<br />1. FBI of rtt) Interest, Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />Mel/ M ste
<br />by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Treat.
<br />2. I'"& for Tau sari Imeraoa. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />trembly isealhoenu of prindpU and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one-
<br />twd th or the yearly taxes and assessments which may attain priority over this Dad of Trust, and ground rents on the Property, if any, Pius one-
<br />Twelfth of yearly prtaalum instaflmenu for huard insurance, plus one twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably eatlnsesed initially and from time to time by lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Fonds shall be held in an i sfitution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lender if Lender is such an institution). Lender shall apply the Funds tu pay said taxes, assessments, insurance premiums and ground rents
<br />Lender dray not charge for to holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills,
<br />unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such a charge &x rower and Lender may sitree m
<br />writing at The time of cwtition of this Deed of Trust that interest can the Funds %hail he paid io t1ortower, xnd anlrss such agreement is made ,tt
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