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<br />DEED OF TRUST <br />TIiISDBEDOFTIFiJ <br />19 ~- , moongtiteTrasEif <br />(herein "Borrower"); AR~EI <br />(herein "Truster"); artd the E <br />a corporation orgaoiaedand i <br />day. <br />gq ,--~i f~ 0 21.7 <br />_ arnnna -r~7t~nnv.:nc Qoovc tnerem -t.enaer'~l. - . . <br />I~RROVVBIt; inconsideration of theindebteslnessherein recited andahe trusrherein created) irrevocably'grants and.conveys to Trustee; <br />in trust; with power of sale; thefollowing described property located in the County of HAI 1- <br />SEatcoflYebraska: <br />L0T THIRTY-DNE (31), NESTROADS`ESTATES-THIRD SUBDIVTSIDN, HALL COUNTY; NEBRASKA: <br />which has the address of 4169 Springview Drive Grand Island <br />(STREET) (CITY) <br />Nebraska 68801 (herein "Property Address"); <br />(STATE & ZIP CORE) <br />TO43B'fHER with. all-the. improvements now. or hereafter erected on the property, and all easemznts,. rights, appurtenances; rents <br />(subject however to the rights attd authorities given herein to Lender tq mlfect and apply such rents), royalties, mineral, qil and gas rights and. <br />profits, water, water tights, and water stock, and all fixtures-now or hereafter attached to the property, all of which, iitduding replacements and <br />additions thereto, shall Ix deemed ro be and remain a part of the property covered by this Deed of Trttst; and all of the foregging, toga: her with <br />said property (or the kasehgld eseau if this Dad of Trust is on a leasehold) ate herein, referred to as the "Property' ; <br />TO$EGURE to Leader (a} the repayment of the indebtedness evidenced by Borrower's note dated. ,la tlltclry 13 „t Q$Q <br />(berate"Hots").inthe.priadpals~of FTFTY-TWfI T(~IJCANn EIJ;NT HIINf1RFn ANn ~D~104 Dollars, <br />wIW interest thereon,,providiag for monthly insta)tments of principal and interest, with the balance of the indebtedness, if not sooner paid, due <br />erect payable February i , 20Q4 ;the payment ofall other sums, <br />with interest thereon, advanced in accordance herewith to protect the security of this Iked of Trust; and the performance of the covenants and <br />agrameais of Bocrower herein.twrttained; and (b) the repayment of anY future advances, with interest therm, made to Borrower by Linder <br />pursuant to paragraph2l hereof (herein "Fltture Advances"}. <br />.Borrower wvenants that Borrower is lawfully.seised of the estate hereby; conveyed and. has the, right to grant and. convey the Property, <br />that thr Property is "~•+""°'bered. and.that Borrower will warrant and defend generally the_titie to the Property against aU claims and <br />- denyaOtl%, subject tq: any declarations, easanents or restrictions listed in a sduuitde of exceptions to coverage.in any rifle insurance policy <br />insurin~Linder's intarestiafhe Ptopecty. . <br />tfN)f'YIRMGOYI?NANT$. Borsowa.andienderegvenautatidagree.es.fglbws: <br />t. Pa7mt of Prlaelpal and Lterpr; Bortgwer shall promptly pay wken due the. principal of and interest on the indebtedness evidenced <br />by the Note, prepaymrnt and late charges aa:pravided in the Note, and lltt Principal of and interest on any Future Advances secured by thisDted <br />of Trttst. <br />2, Fa~da far Tauu erect -tisartutce. Subject to applicable law onto a written waiver by l.ettder, Borrower shall pay tq Lender on the day <br />L ttumtbly imtstitlments of principal and lateral are payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one- <br />twelfth of the yearly taxes and assessntenu which may 4tttin priority over this Dad of Trust, and grottmt rents on the Property, if any, plus one- <br />twekfth of ytuly premium installments for hared lnsurancc, Plus pne-twelfth ofyearly premiuminstallments for mortgage insurance,lf any, all <br />ss reasonably estimated initiallx artd from time to time by Lenderqn the bests of assessments anti bills and reasgnahle estimates tlureaF. <br />The.Funda shall be held is ao institution [be deposits or accounts of which are insuraiorgtiarantad.by aFederal or state agettcy.(induding <br />Lender tf t.egder is wch an institution). Lender shall apply the Funds to paY said.tasa, assessments, iasuratta premiums and groundrentY. <br />Lcitdcr raay apt charge fw sv hokiiiug and applying the Funds, aaalyZing card aetiroupt or vtrlfytug error compiling said asxasmenta and bills, <br />unless I-ettttor PaYS Borrower intesut on the Funds and applicable law prrroit+ Larder za make such a dtar;o, Borrower sad Leader may ayrx in <br />writiui at tFur_titile of czccut3nn of this tked of Tru*t that inttryst on tha)ltads shah be.paid.to Borrower, andunless sueh agreement is trade or <br />