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VV —' vvvv DEED OF TRUST TMSDEEDOFTAUSfismadethis 29th day of Nrvettther l! $ M , UCK S. J0 HNSON AND PATRICIA A_ 10HNtON� HIISRAND AND WTFF (herein "norrow r"). _ AWND II. ATTOMEI( AT LAW (herein **TtOwad'). and the 9eo�ioarY, HOME FEDW Ai SAVp� = # LOM ANOdAT1ON CW GI AND ISLAND. ME a �rpotatiea gpeiaed slid aoairrg under thelmes of NEORASKA whose address is 221 SOUTH LOCUST P. O. SOX 10M, emom Mm! (herds ..Leader.,). WRROM ER, in onYidersdoa of the imdebte:dsiess herein recited and the trust herein created. irrevocably Trams and corrveys to Trustee, is trot. airy pawsr of sale, the foBowing desatbed property located in the County of Hall Staleoildebraski: A tract of land in the Southeast Quarter of the Southwest Quarter (SE4SW;) of Section Twelve (12), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska, described as follows: Beginning at the SW corner of said SEl4SW., thence North 1,314.0 feet, along the West line of said SE6A to the Northwest corner of said SV SWt4; thence East 329.2 feet, along the North line of said SE;SW4; thence South 1,312.3 feet, to a point on the South line of said SE4SW)4; thence West along the South line of said M4SW; 330.2 feet to the point of beginning. Excepting. therefrom a tract of land 151-2 feet wide, East and West by Three Hundred Sixty six (366) feet North and South in the Southwest corner of the above described tract. The Rider to the Deed of Trust which is attached hereto and executed on the same day is hereby incorporated into the mortgage. The Rider shall amend and supplement the covenants and agreements of this Mortgage as if the Rider was a part thereof. whidrbstheaddressot 3820 Rn;kd Grand Island 0 ) (CITY) Nebraska 68801 (herein'-PropertYAddress'*); (STATE a ZtP CODE) TOGETiIER with all the improvements now or hereafter erected on the property, and all easements. rights. appurtenances. rents (subject boaever to the rights and authorities given herein to Lender to collect and apply such tents), royal ties. mineral. oil and gas rights and profits. water, water rights. and water stock, and all futures now or hereafter attached to the property, all of which. including replacements and adAoioar thereto. shall be deemed to be and reme m a part of the property covered by this Deed of Trust; and all of the foregoing, together with shod property (or tie leasehold estate if this Dad of Trust is on a leasehold) are herein referred to as the "Property' T O SEMRE to Leader (e) the repayment of the indebtedness evidenced by Borrower's note dated November 29 19$ 5 (hem „?**e%iadieprincip&ls%Mof FIFTY FOUR THOUSAND DOLLARS AND NOl100 ----- ---- Dollars. ,nigh b*M 1b. , F r. for gnoo fy instal)meots of principal and interest. with the balance of the indebtedness, if tat sooner paid, due and l pr ANUA 1, 2006 . the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and a� of gorrowu herein contained; and (b) the repayment of any future advances, with interest thereon. made to Borrower by leader peranaet to; ' 21 hereof (hues "Future Advances"). borrower covers that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property. that the Property is unaasasbered. and that Borrower will warrant and defend generally the title to the Property against all claims and dtaeendt, sphont to any dedtratidw, easeaocou of teurictions listed in a schedule of exceptions to coverage in any title insurance policy jagunall Landon s interest is the Property. UNUK)RIM COVENANTS. borrower and Leader covenant and agree as follows; 1. IFNI d hrtipa'and Urarest. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced by the "M. 0 -I I aarM and late dW&W as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed of Trot. L !Raga gar Tarot ant 110 - es. Subject to applicable law or to a written waiver by Lendet. Borrower shall pay to Lender an the day mooddy JoudWoom of prinaloil and interest arc Payable under the Note. until the Note is paid in full. a sum (been "Funds ") equal to o ne- twdfM of tfte ya wlY team and ineenie erns which may attain priority over this Deed of Trutt, and ground rents on the Property. if says Plus oe- l_ twtrlfeh of yarly ptataitras installments for hazard imagaaee. plw one - twelfth of yearly premium installments for mortgage insurance. if any, all • neoMbly ind anW Ank afly and 1 "roan time to time by Leader on the basis of assessments and bills and reasonable estimates thereof . The Rates shall be held in an dMututioa the deposits or acununu of which are insured or guaranteed by a Federal or state ageancY (including Lender if Leader is such area hnstitution). lender shall apply the Funds to pay said taxes, asonsments, insurance prenuums and ground rents. Lander. may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said auessmcnts and bills, wdme lender pays llnrtowa i terw op the Funds and applicable law permits Lender to make such a churse. Borrower and lender may agree in writing at the time of easstVtjon of this Dead of I rust that interest on the Funds shall he paid to Borr.�wa. and unless such agreement is made ate K