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DEED OF TRUST 85--e1 005814
<br />THIS DEW OF TRUST is made this 22nd day of November
<br />Ica $,L,asno" the 7, GREGORY M. GAREY. A SINGLE PERSON _
<br />(ham "Horrowwr ^), AREND A. QAACK, ATTORNEY AT LAW _
<br />(haein'•Trustee'•), and ft Betsdkiary, HOME FEDERAL SAYINGS i LOAN ASSOCIATION OF GRAND ISLAND, HE
<br />a corporation orpAiaed and g under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, _P. O. SOX IM,
<br />GIRAND ISLAND. HE 111181111: (harm "Lander "),
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee.
<br />in tr=L with power of sale, the following described property located in the County of HALL
<br />State of l4ebraska:
<br />LOT SEVEN (7), IN BLOCK TWO (2), HEYDE'S ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />The Rider to the 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 addnssof _____219 S. Sycamore____ .__. Grand Island
<br />(STREET) aCITY)
<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 tights and
<br />profits, water, water rights, and water stock, and all fixtures now or hertafter attached to the property, all of which, including replacements and
<br />addi ions thereto, shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, togaher with
<br />said property (or the Jeasebold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property";
<br />TO SECURE to 1.4nder (a) the repayment of the indebtedness evidenced by Borrowers note dated No V embpr 22.1985
<br />( baps "Irote•'),inthepriocipd sum of Ninptppn thn,cand dnllars and--nn/100 - ---- ----------- Dollars.
<br />with WAreat thaaon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sootier paid, due
<br />and payable on December 1. 2005 the payment of all other sums,
<br />with interest thereon, is&aotxd in accordance herewith to protect the security of this Dmd of 3 rust; and the performance of the covenants and
<br />agimmaita of Btxrowa 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 />Dorrowes 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 />desnaads• subject to any deciarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />itaaaift Lea'der's atterest in the Property.
<br />UNIFORM COVENANTS. Borrower and i.erufe covenant and agree as follows:
<br />L Fft @(P cad lowest. Borrower shall promptly pay -*lien date the principal of and interest on the indebtedness evidenced
<br />by the Molt, prapaytsew and Ina c uge t as provided in the Note, and the principal of and interest on any Fur ure Advances secured by this Dad
<br />of Tr".
<br />L FWft (w Too anti Imeanaw. Subject to applicable law or to a written waiver by lender, Borrower stall pay to Lender on the day
<br />taotsthly Wigns swats of prMndpd tad interew are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one•
<br />twdfdn of rht yearly taaas and aiiiiessmerstis which may awn priority over this Deed of Trust, and ground rents on the Property. if any, plus One -
<br />twelfth of yearly prttnium inatallmenu for hawd insurance, plus oric -1 fifth of yearly premium installments for mortgage insurance, if any, all
<br />as raatoaab(y estu natad initially and from curse to time by Lender on the basis of assnsments and bills and remonabie estimates thereof .
<br />The Feeds shall ba held in as institution the deposits or w"unts of which are insured or guaranteed by a Federal or state agency (including
<br />Leader it Lander is suds an inslitutlon)• Lander "I apply the Funds to pay said taxes, assessmeots, insurance premiums and ground tents
<br />Leander may not charge for w holding and applyaq; the Funds. analyzing said account or sertfynng and compiling said assessments and balls.
<br />Unites Lea+da pay% Borrower imsrest on the Funds and applicable law permits Lender w make such a charge Smower and l endet uses Agree in
<br />,viii" at the time cif ex4tcrolim of this Card of 14rura that imerem on the Funds shall he paid to iksrrower _ and unless such agreement it madc or
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