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DEED OF TRUST 85-.. 005870
<br />THIS DEED OF TRUST is made this is / to day of November
<br />19 85 ,,m..d.T eror, DALE R. EDDY AND CHARLOTTE Y. EDDY, husband and wife
<br />'�� (herein "Borrawer'7, _ _ AREND R. 81MCK, ATTORNEY AT LAW
<br />(herein ••Trustee•), and the Beneficiary, HOME FEDERAL SAYINGS A LOAN ASSOCIATION OF GRAND ISLAND NE
<br />a corporatim orpniaed and existing: tinder the laws of NEBRASKA whose address is 211 SOUTH LOCUST, P. O. BOX 1009,
<br />GRAND ISLAND, NE 11800 (herein "Lender").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in taut, with power of sale, the following described property located in the County of Hall
<br />SUM of Nebraska:
<br />A PARCEL OF LAND LOCATED IN THE NW4 OF THE NE4 OF SECTION 21, TOWNSHIP 11, NORTH, RANGE
<br />10 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, DESCRIBED AS FOLLOWS: COMMENCING AT THE
<br />NW CORNER OF THE SAID NW-14-NE-4 OF SECTION 21, THENCE EAST ALONG THE NORTH LINE OF SAID NW4NE4,
<br />121.0 FEET TO THE POINT OF BEGINNING THENCE CONTINUING EAST ALONG THE NORTH LINE OF SAID
<br />NW:YlE4, 1130.00 FEET; THENCE DUE SOUT� 510.00 FEET; THENCE DUE WEST 563 92 FEET; THENCE
<br />S03 58' 00" E 41.08 FEET; THENCE S89 53115" W 582.74 FEET; THENCE N 018 26' 00" E 552.30
<br />FEET TO THE POINT OF BEGINNING.
<br />The Rider to the Deed of Trust which is attached hereto and executed er the same day
<br />is hereby incorporated into the mortgage. The Rider shall amend and supplement the
<br />covenarts and agreements of this mortgage as if the Rider was a part thereof,
<br />whichhastheaddressof RR #1. Box 397 _ frand Tcland
<br />(STREET) (CITY)
<br />Nebraska. 68803 (herein "Property Address ");
<br />(STATE & ZIP CODE)
<br />TOOETHBR with all the improvements now or hereafter erected on the property, and all casements, rights, appurtenances, rents
<br />(subject However to the tights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil and gas rights and
<br />ptofts, water, weer rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />additions theMo, shall be deemed to be and remain a pan of the property covered by this Deed of Trust; and all of the forgoing, together with
<br />said property (or the leasehold estate if this Dee( of Trust is on it leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lander (a) the repayment of the indebtedness evidenced by Borrower's note dated _ No vembe r 27, 1985 —_
<br />( herein "Note 7, in the principal sum of - -FORTY –SEVEN THOUSAND FIVE HUNDRED AND Nn /inn .dollars,
<br />with imerut therson, providing for monthly installments of principal and interest, with the balance of the indebtedness, if riot sooner paid, due
<br />and psyewc oa _December 1. 2015 ; 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 />agreemats of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pur a mt 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 />darstsds, subject to any daoiarstions, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring L eider's Interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />2, Paysrart M Ptireyral sad Itlsreat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepsyake t and pate char/" u provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Tne,
<br />L Ymb fee Tars stn/ lssttraras. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Lender on the day
<br />aforthP, installn"Nss of prin*w and interest are poyabk under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to otse-
<br />twelfth of the "my caeca and raw<ssmsnts which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one -
<br />twdhk of yearly prevalwn iatlallmertts for hasard insurance, plus one -twelfth of yearly premium installmenu for mortgage insurance, if any. all
<br />u stoma* eaUmatad initially and from time to time by Lander on the basis of assessments and bins and reasonable estimates thereof.
<br />The Funds dW be bold in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency iincluding
<br />Leader if Ladder is such an Institution). Lander shall apply the Funds to pay said taxes, sawssments, insurance premiums and ground rents.
<br />Lander may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills,
<br />ead"s Lander pay* Borrower Interest on the Furls and applicable law permits 1 -ender to make such a charge. Borrower and I.ender may agree to
<br />writing at the time of exetalion of this teed of 'fiust that interest tin the Funds shall he paid to Borrower, and units such agreement is made of
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