|
DERI? OF TRUST 84 --~' ~ 0777
<br />i ~ TIIt3DE6DOFTRUSTistnadethis 15th day of Fahrttary
<br />i9~-.tupmj'fiMTfuRO[", 3EFFREY L Vt7DENhlAL ANd tC9jHl N tf7(]FHNAI n~~ananri a ri t,if
<br />(hecehr"Sortowar"); ARENG R. A
<br />~ aJxr s at„orney
<br />) (bevels"'Trwtee`handtheBateftciary; .HOME', FEDERAL SAVIMOS t LOAN:ASt06YkTION OF GRAND ISLAND NE
<br />aratpclrfiana~oiuetlandaduitt~undarthetawxot NEERAdK11 whoxeaddraarix 2?t SOUTH LOCUST. P. O: C076100S;r
<br />~' ORAN6 Isil~iy4; NE !l~D.~ (hadn "Lender").
<br />BOR1tOWER in conxidention of the ittdebtedrttxx herein reei[ed and the true herein created, irrevopbly 6rartts and conveyx.to Ttuatee,
<br />iritMtxt;~0gibowecofxafe,titefolbwieydexcribedpropertyloca[eYiinehe'Conntyof HAit
<br />Strte ofNebrarka:
<br />LQ7 FOUR (4), FRAGTIDNAL $LDCK DNE (1), PARKHILL SUBDIUISIDN, AN ApDITIDN TO THE CITY
<br />OE GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />whichhaatheaddressof 25D7 West Louise Grand Island
<br />(STREET) (C1T'1')
<br />Nebraska 6$BOl (herein"PropMyAddrea");
<br />(STATE! dr ZIP CODE)
<br />T(QGETHER wit4-art the improvements now or hereafter erected-on- the property,, and _alt.eaxemertx;, riSttts: apptnKemmoex. reny-
<br />(rubject howevu to kheria6tx attd authori[ies vixen herein to Lender to collect sad apply such reats).;royaltitx,-ininera4 as and;aas rialto std
<br />profirs, water, carter riSltts, serf water stock, and-aB fix[urea sow or haeafterattached totheproperty, allof which, inpluldian replacemmu and.:..
<br />adrtitionx tharaa shall be deemed to 6e and,remain a put of the,propmy coveted by this Deed of Ttvxt; rod a>fof Ute fotxaoitta, ttr,etlter with .:
<br />said MoMrtY{a;the latseheld:estate U thix Dxd of Truxr ix op a -eaeehold) aro haeitt refeaed wax the"Props-y,;, .
<br />TOSF.CUREtaLartder{a);therepspmentofthrindebtcdneaxevidencsdby,l)orrowsr'snotadatod FebTUary 35, 1G84
<br />(tiereia"Note"), in theprirgpalsumaf FIFTY TUiD THOUSAND OtUi; NUNDREC ANO pt0/1CQ pollus
<br />wjth intereu thereon, pro~v~~p~ for mottt6lY jnxtallmentx o{ princiipal and interest, wtt6 the.balance of the indebtedngs, if not sooner paid,. due
<br />~payahle~ FOUR HUNDRED NINETY S2X;AND 18,~1Dfl -- ---- ------- ;thepaymrntotallothasutns,
<br />with imapst thereon, advaaoed irtaccordartoe herewith to protect the security of [hix Deed.of Trust; and the.performaoie of the covgyntt and
<br />ttQeRamU of Bprtogkt htYdn;egntained; and (b);herepaymant of any tuttue Pdvantxsr with,interest :thereon, made,to l3orrowa hY Lender
<br />pursuant to paray~ap6 2i herwf (ynrrein "fiutuce Adyattrer").
<br />Borrower covenants chic Borrower is kwfallY seised of:.the eatate_hergby conveyed oral. has the rit;6t to grant and:copvey. Fite Property,
<br />thar the Property is unencum6aerl, ettd Ihal AMrnwer wiB warrant and defend. aenaally tha titlc,to the Property: apinrr,all.clritm and,
<br />deaundb wbjoct to any tleclarado~, eatemeats or rertrie2iartx, Gsted in a schedule: of exoep[ions to soveraye in any title inwwrce PoI~Y
<br />taauriai Lender's interest in the Property:
<br />UNIFORM COVFNAA['I5. Borrower and l.atder covertrot arW aaieeatfollows~
<br />t. hJwaalaf 1'r1aelld W IWxxY. Borrows shall p~RtlY PaY when,dtte the principal oi'atut.intaest oatheiodgbleduaq evidalEcd.
<br />bythe Hole, prepayment and late cltartta as ptovidtd in the Note, and the pritseipal of and intasat on anyFuture Advat>eex attettred;hy thix Deed
<br />of Trwt.
<br />3. Ftsatlsfer Tear W laawraos. Subject to appL•:±bk 4w or [o a written. wafvar..bY lender, Borrower shalt pay w:Lerder on rhe,da~_
<br />nsoathly ttr••cr-•-"• of principal and interest are paYapk cadet the Notc, antii,flK Noteis,paiyl in IuB.:a zum (hann "FYutds,:) pgwlto nne-
<br />twxlfth of the yearly taros tuW asspwpm4 which may attain priority ova this Dxed..of Trttai, urf Srouad.rwu oo the Pr
<br />operty, if atq. plus one-
<br />rwgfto(.Irt7YRSmium i>~-~-; • for bawd insurarce, plus one-twd[th of ypcly pre6gium, ftx
<br />3axtalltprdtrr ~'+lrSe uuucantar. if any„a4
<br />to rom time co time by Leodxr on the basis of asseattnrstts sad bii4 and:tnawta6ie estitnatp klstxeef.
<br />rWSOnabiy estlntatad held is anta an irrtitution the.deytwts yr acwunts of which art insured or ~arant~d.kY:a Fat~7il,m' Nsna a{q~y (itteluditS
<br />Leader Sf Lends is welt am inuitWttonj.l..etrfsr ahsi! apply the Funds to pay said [axes,:as~At~lis,..iruuranue:preanfumx aod:{roundrmts.
<br />l~ndar tray not clsarK forsa hd/tirts a~ aDWYioa the Funds, snatydci{ said aarount or ytr~ifyirtA rntd a~npiiinj srid axseaxpreoif and.: bilb,
<br />urlaar l soda W Ys fiorrowa vttereai ua !ht Foods sad applisahk Uw permit: Lender to mxic such a ehari~ Borrows:and. Leath atxyaarcea
<br />- wridry al the rims of csnutloa of [h:s 1]sed of Trust that interest vn thr Foods shall bc.paid fp Borr_owrr,: sad unlaxs.Staeh aarecmatt is toads or
<br />
|