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<br />DEED OF TRUST $5-- 006147
<br />IS DM OF TRUST is made this 12th day of December
<br />19 among the Trustor, M
<br />(herein "Bottowet "), N C _
<br />(beteiu -'Trustee'-), acid the Beneficiary, HOME FEDERAL SAVINGS • LOAN ASSOCIATION OF GRAND ISLAND NE
<br />a corPamtion orpaind and exiating under the laws of NEBRASKA whose address is 221 SOUTH _LOCUST, P. 0. SOX j9p,
<br />ALiANQ OW—NI NSO@ (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 />Sate of Nebraska-
<br />LOT SIX (6), IN BLOCK EIGHTEEN (18). IN CHARLES WASMER'S ADDITION TO THE CITY OF
<br />GRAND ISLAND,HALL COUNTY, NEBRASKA
<br />which has the address of 1920 W. Charles _ Grand Island
<br />(STREET) (CITY)
<br />Nebraska 68803 __(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 rights and
<br />profits, wafer, water rights. and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />additiotrs thereto, shall be deemed to be and remain a put of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said property (or the kaaethoW estate if this feed 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 __ DeCember 12, 1988
<br />( banns -- Now% in the principw sum of EIGHTY —ONE THOUSAND DOLLARS AND NO /100 ----------- - -- - -- Dollars,
<br />with iatstest theraoe. providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />a, a paw ft January 1, 2006 __- -- _____ ; the payment of all other sums,
<br />with interest thaws, advanced in accordance herewith to protect the security of this Deed of 'trust; and the performance of the covenants and
<br />si reeaatts of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to borrower by Lender
<br />Putstratt to paragraph 21 hereof (basin "Future Advances ").
<br />901TO sr cownants 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 uatmcumbered. and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />desanrds, aabJm to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />WrAft Larder's interest in the Proparty.
<br />UNIFORM COVENAM, Borrower and Lender covenant and agree as follows:
<br />L Plguseat Of FfhWW aid lr utwt. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by BIN Noss, PrepaynrM and We charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Treat.
<br />Z. hsMe tae Tom atti Itwrsaes. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Lender on the day
<br />raolwiiy WOONN t U of pritraipttl cacti Interest errs payable under the Note, until the Note is paid in full. I sum (herein "Funds ") equal to one -
<br />twdith of tIN yearly taxes and assessments which may attain priority over this Deed of Trust, and ground rests on the Property, if any, plus one -
<br />twsUth of ywriy PMWwn Uala mints for hazard insurance, plus one - twelfth of yearly premium Installments for mortgage insurance, if any, all
<br />M reaaatM* ratiaated initially and from time to tithe by Lander on the basis of assessments and bills and reasonable estimates thereof.
<br />The Ftntds shag beheld in an institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including r`
<br />f.mdar if Leader Ia such an institution), Lender shelf apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />L.eadsr may not charge for 50 hoWing and applying the Funds, analyzing said account or verifying end compiling said assessments and bills,
<br />unkss Larder pays Borrower interest on the Funds and applicable law permits lender to make such a charge. Borrower and !.ender may agree in
<br />wridmgat the time of execution of this feed of Trust that Interest on the Funds shall he paid u, &, mower, and m iles%Such agreement i% nude m
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