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<br />84~
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<br />002978
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<br />DEED OF TRUST
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<br />THIS DEED OF TllUSTIs m8detbis 4th day of June
<br />19~.~~TnD<<O. JEfFREY L. MIHM AND KIMBERlEY K. MIHM, husband and wife
<br />(Ilmin"IIorrower"). AREND R. BAACK, attorney .
<br />(Ilmin''TI'IIItiIe'J, andthellcneflCiary. HOllE FEDERAL:~VING8,.. LOAN .ASIOCIAnON OILQMIIlDl8LAND;HI:
<br />acotplJdlialtorpaiDdand -existiacunder tbelawsof NEBRASKA _oddress is 221SOU1'H: LOCUaT;: P.O:O IlC)X,c;10Ge;
<br />GRAND ISLAND. NE ... (berein "Lender"),
<br />BORROWER. in consideration of the indebtedness herein recited and thetmSt bereincreated.l.......ocabIy ......uandcoav"ylloTnutee;
<br />i1l'trUst. witb pDWO!fof sale, the. foil_OS described propertY located in the Cou1llyof HALL
<br />Slate ofNebrub,
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<br />THE EASTERLY THIRTY-FIVE AND TWO-TENTHS FEET (E35.2') Of LOT NINE (g) IN Bt..DCKTUJEl\lTY-
<br />SIX (26), IN RUSSEL iJ!HEEU.R'S ADDITION TO THE CITY OF GRAND I SUU.O , HALL COUNTY,NEBRA-Sl{I\\
<br />
<br />
<br />wbicb. bu theaddreu of
<br />
<br />20:8 ulest l.Ot!'1
<br />{STRam
<br />
<br />Grand Island
<br />(CllY)
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<br />Nebraska
<br />
<br />o-oou;.
<br />
<br />(berein "Property AddresI"):
<br />
<br />(STATE & ZIP COO!!)
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<br />TOOETHER ....'tll all the Imptovemenu no.. or h<<eafru erected on the property, and all -.riJlUi,.llIlIll!!l'..-.:~'
<br />(OIlbjeot hl>_ ~'l Ibe riJ\lu and authorities pen berein to Lender to collect and apply su<ll """').~; UliII,etaI;oil..~.u_.atI
<br />profits. _. _or riplS, and _... .tock. and all r"'t..... now or bereaf.... aUacbedtn!.lte prOPertY. alloh.1ii<b, Indu<!l!lt.replllc:I!l\fIlO'-
<br />additions thereto. sbaIl he.dcetDed to beandtellUlin a pari ofthe~co_edby lhit.DeedofTnlsl;_all,o'tbcf~""wid!
<br />SIIitI.~y(or the leuebold ...I&IeU tills DeecI.ofTrult is ona ~bold) an bereinreferred tn... the "l'toperty":
<br />
<br />TO SIlCUllE ~o LcDder (allbe "'I"l)'lDWI. of the indebtcdaol rvicleated by Ilarrower', IlOl" daIed "una 4. 1 !;l84 ~
<br />{hereia"NoI.e"l.intheprincipalsWllof ThIENTY <;1X THOUSAND ONE HUNDREQMID NQIIOO------~---------:'OoIItlrI.
<br />willl in_ u.er-. pruvidinaJor motltb!y lnotallmenlS of principal andin_. with the __ of th!: i~_,jfllOt~\llid.cl"'"
<br />_paJ!lbIeoo '"1y 1, :>[114 ;the~ofallOllltrc~
<br />willl iIlttresl then!oIl. advanced in ....-ordance herewith to proteCt the securitY of this Deed nf Trwrt: _ the pertOl'lllAMt of the_and
<br />~ of Bortower berein oootained; and (bl tbe repayment of auy futlJr< advaoca. with l-.at thawn. m8detollomnoer by'Lender
<br />poH"IOMDt to per..... 21 hereof (herein "Future Advances"),
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<br />...
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<br />1Iaaoww.~ that Ilonower is !a.-fully.seiJed or the CJIate hereby conveyed and haa the riJ\lt to aran~ and convey the PrClllllrtY,
<br />..theProtleny is _bered. lUld that Ilarru..et wiD _not and defend _ally the title to the ~ apinal all daiIu and
<br />......... ~ to any dcclarationJ. _ or resIricti.,.,. listed in a ocIIc<lllle of exceptions 10 cov....... in any title u.- JlOIky
<br />~Lender..~intheProperty.
<br />U"'IFORMroVEl\lANTS.~_.and LcPlIor_t and_.. follows:
<br />I. ..........~... ............ Bort_Jballpromptly pay wI1ea due the principal of and in_OIl th!:indebt~ evldenIled
<br />",.-Note. ~ __<:IllqallJ I'fO"kIed in,the.No1e, and thei'rincil>llof and in_I on any Future ~__ by tblaDeed
<br />ofTMt,
<br />1; ~.'-T..,___.SIIbjecttoapplicable Ia.- Of to" wriuen.wlliVet by l.eader. Ilarro_ JballJlllY 10 Lender 0Ilth!:. daY
<br />~.~of~_.~~ ~.iIlIIlIer th!:Note.. W\1iI the Note is paid in full. UIUIl (lImtilI"PWlIiJ") equal to -
<br />1-..lRl\ 0I'\lle,...,,__ ~wbicb._llttaln priority o....tbla Deed of Trusl.. and 1lf0Wld rents OlllhcProperty. If allY. pI",_
<br />l"'ll,I:~~~forhuar4~.pllla_twclrut oIyearly prcllliWII ~u ror1llO<lppm.ur_. if allY. all
<br />..~~~wUr_tlnlc.toU-.by LeadorOllthelluis..,I -..andbllbatlOl~eJtiDIlllAlbereof,
<br />n,."'tlltIIlt_lw4llianlAihUltlollthe,~or _OIO'lf 1l<lllcb auinluredora_14!ed by.. F.al or Jtllleapac.y (illdudilll
<br />~Jf""';l:I"'alt,inMlJ!lcIll)' l.eaderJball.y lhcl'WlCIJlo pay Mid_._ta. i_"- pteUIi_.1I4 al'<lWld rentl.
<br />,~';'illII_ -.iilf l<1........."I'4.,...the ~ ~. aMI~". voril'yina atlOI c<llIlIUIlI Mid _It and bin..
<br />~~ .....~~OIlth!::FIIll<!illll<b_.i<lIlbkJa,.perlll/U LeadorlOmab sudla eIlaqe. ,Ilonower and lAII4er may.."", in
<br />~llI!btlilMof.......uooof~l),,"j,o(Ttu.UItlll~ OIltbeFWlCIJ1llalI be paid 10 Ilarro_, and unlm.ucl>....--u i. "*'" or
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