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<br />84 -002917
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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST is made this 30th day of Mi'lY
<br />19,...8.!L.amOllltheTrustor. JAMfS G RrCHARflSON MJD CHFRYI R RTr:HARnSON~hll<;hi'lnr! "or! "<if',,,
<br />(herein"Borrower"). AREI\jfJ R. BAACK.. attorney ____ __ _ _
<br />(herein ..Trustee"). and the Beneficiary, HOME FEDERAL SAVINGS. LOAN ~~TION OF ORAND IILAND.. NE
<br />acorporadonorpnizedandexistilllunderthe1awsof NEBRASKA whoseaddrasis 221 SOUTH LOCUsr. P; 0; lOX'....
<br />ORAND ISLAND. NE IIIlI2 (herein ..Lend.....),
<br />BORROWER. in consideration of the indebtedness herein recited and the trust herein cr..~ed. irrevocably StanIS and conveys to Trustee.
<br />in trust. with power of sale, the followins described properlY located in the County of HAl I
<br />Stale of Nebraska:
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<br />LOT SIX (6), BLOCK TWENTY-TWO (22), SCHI~lER'S ADDITION TO THE CITY OF GRAND ISLAND,
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<br />HALL COUNTY, NEBRASKA
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<br />which has <he add...... ot
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<br />724 West 17th Street
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<br />(STREET)
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<br />Grano Island.
<br />(CITY)
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<br />Nebraska 08801
<br />ISTATE& ZIP CODE)
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<br />TOGETHER wi<h all the improvemems now Of hereafter er",,~ed on the properlY. and all ~.ritbls,.~.JfI!!!:I'
<br />(SUbject however to the rialus and authorities siven herein to Lender to CoUCleI and apply such 'eIIU), rO)'..... ~. ciII_IllUi.I'.\~'
<br />profits. waler. water riahts, and water stock. and all fixtures now or hereafter atlached to the -,y, all of wblch. jQd.udiIw~."",Jnll' 'fJ'"''
<br />addilioos themo. shall be deemed to be and renwn a pan of ~he property .'0_ by this Deed ofTru.lt;. all oftberDnlM!al.,"'~~
<br />said property (or the leasehold eslate if this Deed of Trust is on a leasehold) are herein refoned to as the ..~..;
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<br />(herein" Property Address");
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<br />TO SECURE to Lender (a) the repayment or the indebtedness evidenced by Borrower's note dated Mav 30, t9&4
<br />(berein "NOle"), in the priDcipal sum of THIRTY THREE THOU5AND TWO HUNDRED FIFTY AND NO/lOO-------~~.
<br />witb interest tberoon. providilll lor mo,ntbl! i..~ents of principal and interest. witb the ~ of the Int\ebledacss. if lloUooller.pQl,cJ;iue
<br />and payable on June ". ,,01'1 ;thepa~of"'lllber._
<br />wi<h interest thereon. advanced in """ordancc herewitb 10 protect the security of ,his Deed of Tru$1; and the performance of the _.
<br />"If-" of Borrower herein containcQ; and (b) ,he repayment of any futute advanc.., with inter.., thereon. ItUIde 10 Borrower by LentIer
<br />pw.......t to _apb21 bereof (herein "FUlureAdvllllCCS"),
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<br />Borrower covenants that Borrower is lawfully soloed of the es'a'e hereby conveyed and has the riahtto If&lll and convey !be Pr-'Y.
<br />tbal tbe Property is unencumbered. and that Borrower will warrant and defend g......ally ,he title 10 <he Pr-'Y apinot all claims and
<br />dtmatidi. subject. to ilDy dc:clatatiom.? eucments or restnctions hsted in a schedule of exceptions to cover. in any title insurance polk,
<br />ilWlrinaLeoder'. interest in the Property,
<br />UNIfORM COVENANTS, Borrower and Lender covenant and....... as follows:
<br />1. "-'-0(........_1_, Borrower sball promptly pay when due 'be pliDcipal of and ioterat on the~ e~
<br />by the Note. pr._t and late char... as provided in the Note, and the pdncipal of and interest on any Future Advances _ed by this Deed
<br />of 1'nul.
<br />2. .....'Of T_ _a-. Subject: to applicable law or 10 a writtou wlll_ by Lender. Borrower sball pay to LentIer on the day
<br />-"!y ~ of prino:JpaIand. ioterll$l are payable under <he Note. until tbe Note is paid in roll. a sum (herein "1'Unds") equal to one-
<br />,....ftlI 01 the _lflUe and -.uti wll.ich may attain pliority over lbis Deed or TntI~. and around rea.. on the ProperlY, if any, pi", 0_
<br />t~ of.,...ty P"Olium inotalInwtuo for ~d inour........ pi... one-twelftb of yeady premium illllallmen.. for ~ iniIllf~. If any, all
<br />as.-bly <:otitnatA>Il initially. from lime to lime by Louder on the basis of _..and billl and ~ble..timales thereof,
<br />n,.l'ullduball he belli in an illllilution tbe deposits or """"unu of whicb are Iowrn<l or luarantc<d by a Federal or .tate _y (includilll
<br />Lender If Lel\der ai\lCh an illIlitutin!lJ, Lender shall apply tll.. Funds 10 pay said taJ<a, _... IlWII'ance premiums and lrou.nd rents,
<br />IAIClof IDl>Y no\ char.. for '" ~ and applyina ~heFun<l>, analy"lIlI said _ount or venfY;na and .-.pililll said -...men.. and bill!.
<br />.......l#lder paY" Borrower I"LclCOl on lhel'w.... and applicable .... "",mlts L....<ier '0 ..aU wch a char.._ OorTOWllf lUtd Lender _y _ .n
<br />-(lrina.t the: tim4 of ~f:(;UlioU 'Of thi.l)ccd ~)f ln1$:t (hat UttelC'B1 on iht ru-oo-s JbaU be ~ 10 BoffU'WCf..nd UNt'$! ,'mch "~Qt il made t'u
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