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<br />84-'
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<br />0024~
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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST is made this 3rd day of May
<br />19~.amongtheTrustor, MARION G. SMITH AND LEILA SMITH. husband and .wife
<br />(herein "Borrower"), AREND R:, BAACK, a t torn~,
<br />(herein "Trustee"), and the Beneficiary, H()~E FEQ!!!AAL$A~INGS<. LOAN ASSOCIATION OF GIlANDISl.ANP;NE
<br />a corporation organized andexistillll under the laws of NEBRASKA whose address is 221 soutH LOCUST...P. 0; 1O~.1.00e;
<br />GRAND !lLANO. NE lIIII02 (herein "Lender"),
<br />BORROWER, in considera~ion of the indebtedness herein recited and the trust herein created, irrevocablYllants and conveys 10 Trusree,
<br />in trust, with power of sale. the following described property located in the County of HALL
<br />Stale of Nebraska:
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<br />LOT fCOUR (4) TN BLOCK TWO In TN r:APTTAI HFTGHT5 THIRD SUBDIVISION, HALL COUNTY, NEBRASKA
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<br />Nebraska
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<br />(herein "Property Address");
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<br />68801
<br />(STATE'" ZIP CODE)
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<br />TOGETHER with aU tbe improvements uow or hereafter erew:d on the property, andall_",riIb.U.~.>~.,
<br />(subject bowever to tbe rilIbts and autborities liven berein to Lender to collect and apply 'ucbtell..),royal"'lIIilllll'8lioijlll\4,;II!Ic:~~;
<br />profits, water, water riallls, and water stod. and all fixtures now or bereafter attacbed to the property,.rI,ofwbil:b.~~f,"',.lr~!Jl'J.1'~','
<br />additions thereto. sball he d......ed to he and remain a part of the properly covered by Ihis'DoledofTf\l$tl anclall:of ~f~;""~,
<br />said. property (or the leasehold eslale ir this Oeell of Trust is on a l......bold) are herein I:Cfer:fedlO ..the,"~";
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<br />TO SECURE to Lender (aJ thorepl!yment of the indebtednasevidenced by Borrower'uO\e dale!l. May 3. 1984; '. .. . '.',' '. .'
<br />(hetein"Note"J, in the prinQpalsum of FORTY I;NE THOUSAND EIGHT HUNOREDANDNO/lOO~----.-_..._.._...-::...~
<br />with lnt..,.t thereon, providin& for monthly installmenlS of principal and intercst, with the balan<:c, of theJ~iif 1lC!t:~.P'!!I!t.!l!l!"'
<br />aodpayableQn June 1, 2014 ,tbe~cp(.a\llliliiM".
<br />with Interest thereon, advlO<ed in acc<>rdllnce herewith lQ protect the security of tlUs Deed of Tl1I$t; and the perf_ofthe~,_
<br />_IS or Borrower herein contained; and (b) the repaymeo~ 01 any Iuture advances, with interest thereoo"madelO Borto_byLender;
<br />pursuanltoparayapil1~ "~f{bffcin ;'F1J!U!~ Adtpl~").
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<br />BortQWU cOv_1S that Borrower is lawfully seised of the estate bereby conveyed and bas the ritbt to arant aodcon""ytbe,~.
<br />that the Property is uoencumbe<ed, and that Borrower will warrant and defend llenc:rally the title to the Property aaaiolIt .u ~ aod
<br />dcu1.u><4, sllbject to any declarations, easements Q' restrictions listed in a schedule of eJll'C'pIJnns 10 coverqe in any title. insIIr~ poIli;y
<br />insw:Jna Lender's intereal in IheProperty,
<br />UNIFORM COVENAl'lTS, BouQwer and Lender covenant and....<c as follQws:
<br />I, ...,...,.,'" ~ .....1..-. BortQWCf ...'la!l promptly p.ay when <I"" the principii! of aod inter... OIl the indebt~ .v~
<br />b)'the Note, preJlllYlDOlll and Iatc char,.. as provided in the NIlte, and the principal of and interest on any Future Adv__od by tJU,' Doled
<br />of Tr...1.
<br />1. ........~ ....1_ Subject to llpplk.abic law or to a wrilleD waiver by Lender. BortQwer ahaIl pay to Lender on the day
<br />~ ~ of pI'ilId).1al aod iDterat are payable under lhe NOIe, until the NO\e is paid in rull, a '''11\ (herein "1'IuIdt"J oquaLIl> 0_
<br />~ofthe ywly '- aod _OU whi<:h may attain priority over thb Doled of Trust, and around laltaOll the ProperlY. if IlIlY, pi.. 0_
<br />tWftbol_lJ Pfml\lm ~.for ba.w<l ilwIr_. plus ooe-lwolfth of ywly praoiwn inItallmeo.. for mor~ insUf_ if IlIlY. aU
<br />as~ ootimIlflllnililllly ander_lime to time by Lendct on the buia 01_ and bUls and l'eUOIl&ble ..timatoo therClOr.
<br />TbtFundullall behold in all institll\loll the ~u 01ll<WW\1$ of whi<:b are iDSUfed or .uaranteod by a federal or slate......,y (iocl..tlina
<br />'-- if Lender ..~.... ltulitutionl. Lender .~ awIy 'boo f'uod5 to pay Rid 1"'0$, a_IS, i.....-.- ptCUl,ums and .,QWl(\ tellts,
<br />I.... lI\oIIoy I>Q!cbar... (<If IQ 00\<IIIla and Ipp!Yina the hod>, .ualYti'" Wd a_ Qr vuifYi", and """,pili,,, said _to and bills,
<br />~ Lender ~ lIorJower iiltet:eat OIl tho, f..od>caod.~ law perll!iU Lender 10 lNlIte .ucll a "batao, Borrow... and Lendct lnay qml in
<br />w'ill'na l!I tho limo Qf _'UIioo Q{ um Dml nf l'lUSl that illtCl_oo the fuh<b .l1&U be paid ", Borrower. and u...... sud\ ...._elIl i. ml'k Qr
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