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4 <br />to 8 <br />t 6 0 <br />DEED OF TRUST <br />RUST is untie this inn day of <br />,Muse r Trxsuncrtn xun I TfJnA :I Cr mn% <br />006374 <br />r ..y.. <br />wideralloo of the indebtedness herein Incited and the trust herein crated, irrevocably grams and conveys to Trustee, <br />the Mowing deembed property tooted in the County of HALT <br />LOT ONE (1), IN BLOCK TWELVE (12), IN CLARKSON'S FIRST ADDITION TO.THE VILLAGE OF <br />ALDA, HALL COUNTY, NEBRASKA, SAID LOT ONE (1) FOR CLARIFICATION TO INCLUDE THE <br />WEST TEN FEET (10') OF LOT EIGHT (8), OF BLOCK TWO (2) OF POWELL'S ADDITION TO THE <br />VILLAGE OF ALDA, HALL COUNTY, NEBRASKA. <br />which has Alder <br />the address of_ (STREET) - -- ,– (CITY-) . <br />Nebraska 68810 —(herein "Property Address"); <br />(STATE k ZIP CODE) <br />TOLE IM with all the improvements now or hereafter erected on the property, and all easements. rights, appurtenances, rents <br />(wtbjea however to the righu and authorities given herein to Lender to collect and apply such rents), royaloes, mineral. oil and gas rights and <br />prolks, water, weer rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and <br />additions diterao, shall be detmted to be and remain a part of the property covered by this Deed of True; and all of the foregoing, together with <br />aid property (or the leaseboid cam if this Deed of Trust is on a leasehold) are herein referred to as the "Property "; <br />TO SECURE to Leader (a) the repaymem of the indebiednrss evidenced by Borrower's note dated Der-eMber 19 1 02r, <br />(berdis"Neee "), lo the principal sum of _, SIXTEEN THOUSAND F76HT HIINDRFD TWFNTY_RTY n0l TARS 77'1300Dp(rs <br />a, <br />wilt ialarevt dwroon, providwg for movably instalimatu of principal and interest, with the balance of the indebtedness, if not sooner paid, due <br />sod; I Il as Der' ember 25. 1992 ; the payment of all outer suns. <br />with irdwam tlteeoa, advamovd in accordance herewith to protect the security of this feed of Trust; and the performance of the covenants and <br />r(gnaa gsta of Ronowet hsreia contained, and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender <br />paraaaa'to pats S 1 Sl bnrteta<(bardn "Future Advances"). <br />Mi esnow oov"aas is that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property. <br />tbal du Praperey is tmsacambereC and that Borrower will warrant and defend generally the title to the property against all daimc and <br />daramds, wtbiset to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy <br />iavarI L ail r'siolererfintheProperty. <br />UNrogirA COVE NAM. Borrower and Lender covenant and agree as follows: <br />L F4tleasat lsfnelpaI Md Iln wuL Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced <br />by dK Non. prepaymeett and lase dtarges as provided in the Note, and the principal of and interest on any Future Advsnm secured by this Deed <br />of Teaat. <br />L /trnds far mass std &enrage. Svbiacx to applicable low or to a written waiver by l endo:r. Borrower shall pay to Leader on the day <br />tsysatdiy iagallmanes of priadpol and inseam are payable under the Note, until the Note is paid in full, a sum (herein "Fonda ") opual 10 one- <br />toegllt of Ice yearly waes sad assessments wb{ch may aaata priority over this heed of Trust, and ground rents on the Property, if any. plus one- <br />, des of yearly proolans itwaBabou for Meard insurance, plus omrtwdftb of Yeasty presuum installments for mortgage insurance, if any, all <br />as r --- -big r adlaooil initiaNy toad from that to time by Lender an the buss of assessments and bills and reasonable estimates thereof. <br />The lads shah be held in ao hNtiftake The deposits or accounts of which arc insured or guaranteed by a Federal or state agency (including <br />Loader if Loader is snob as neaktaica). Leader shall apply the Funds to pay said taxes, assessusetu, insurance premiums and ground rents. <br />Leader taay am chergr for so holding and applying the Funds. aWyung said account or verifying and compiling said asseumerits and hill,, <br />valves Leader pays Borrower interest an the Fuaot and applicable low pamrts Lander to make such a charge. Harrower and Lender mil. agree in <br />writgtg at the fuse of as cidion of this Heed of Trust that imeresi on the Funds shall be paid to Borrower, and unleu such agreement is made of <br />19 <br />