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84..--- ii G 0 8 51
<br />llEED 4F TRUST
<br />ThIIS D1vED OF TRUST is made th[s 17th.. day of .. ,February: .:. ,
<br />19 8G:, among.the Trustor„ . , .t~7.lli.s'tul ;G.~;MQ511zn,~,IT & Rhonda R , Modlin, }lusbatid,& Wife. _ ,
<br />......
<br />....: ....: :.. ... , .. (herein Horrovver) . , , .
<br />. Laltryers Title lrt&ufi84G0' Corppx~t~pp . . . . . ... . ..... . . . . . (herein "Trustee }, and the Beneficiary;
<br />,,,,;, „ _Cq~Im~rc~ar~Nationa7 Bank ........................... a corporation organized'and
<br />exisNegundhC~$ e- ~~ ~t;reet Grandal$land NE '.6880 ~ ~ ~ ~ "~ whose address is....424: , , :... „
<br />.... ..._ a . . .......... ....... 1 .. ...... (herein "Lender").
<br />BottaoweR; in `consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br />and conveys to Trustee, in trust, with power-of sale, the following described'propertq.,located in the County of
<br />.............Hall.......................,State of Nebraska:
<br />The Northerly Ninety (90.0) Feet of Fractiotal Lot Fi-ve (5),
<br />in Fractional Block Forty-Nine (49), in Russel Wheeler`s Addition
<br />and its complement to Fractional Lot Five (5)`;,in Fractional
<br />Block Six (6), in Gilbert's Addition in-the. City-of Grand Island;
<br />Hall County, Nebraska.
<br />which has the, address,of,; ...... 923 ,,West, 12th.Streef , , . , .: Grand Island
<br />'. tspeen ,tcuy7
<br />Nebraska 68801 (herein "Property Address") ;
<br />......
<br />. ...... ISUt~ and ZED Cadel -
<br />TocerttErt with all the improvGmenu noH• or hereafter creeted on the; property; and ull casements, rights,
<br />appurtenances, rents (subject howeverlo-the right .and au4hortties. given.Merein..to-Lander {o_,collect and apply such -
<br />rents); royalties, mineral, oil and gas rights aqd>peoSts, watec;,wa[er,rights, and water stock;::and ,all fixtures now or
<br />hereafter attached to the property, all of which, including;replacements and additions [heretn,shall be deemed to be
<br />and remaiga part of the property covered by this:Dced of,Trtist; and all of the foregoing, together with said property
<br />(or the leasehold estate if this Deed of Trust is on a leasehold) arc Herein referred to as the "Property";
<br />To SYCURe to Lender (a) the repayment-of tt7e indcbtedn~ss edidenczd liy Borrower's note dated . FebFPsaFy..
<br />17,.1984 (herein "Note"t, in the principal sum of. Forty Six. Thotisan~7_ and No/100ths,-- ,-----.--- _
<br />. ..... ..
<br />------` - --------- --'- ------.Dollars, with interest thereon, providing for monthly mstallmenta
<br />of principal sod interest, with the balance of the indebtedness, if not sooner paid, due and payable on ........
<br />jlryrch,l, , 2014 , , , , . ;the payment of all other sums, with interest ttiercon, advanced
<br />in accordance herewith [o protect the security of this I7zed of 'T'rust; and the performance of fhb covenants and _
<br />agreemrnLs dBorrower herein contained; and (b) the repayment of any fuWre advances, with inter~Lthereon, madC,
<br />to Borrower by Lender putsuantto paragraph 21 hereof (herein "Future Advances"),
<br />Borrower covenants thyLBorr~weris lawfully seised of the estate hereby conveyed and has the rigb(;fo grant anr#
<br />conveythc Property, that the Property is uncncumtxrzd. and that Borrower wilt warrant and defend generally the.
<br />title to tF[v. Property againstnll Ciaiats and deatanJs. subiccl to uny Declarations, caseingnts ar restrictions it}led in .t
<br />schedule ofcxcepUOns to coverage in ary Citle insuranac policy insuringLcnder's tnicrCS[.ur-4}le k'r¢pwrty.
<br />NIPe'~ 9/83
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