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84,......... I 003282 DEED OF TRUST r THISDEEDOFTRUSTi.madethi. 20th day of June 19.....JlfL.amOllglheTru.tor. PHILIP S. HAMM. SR. AND BEVERLY A. HAMM. husband and wife (herein "Borrower"). AREND R. BAA.CK. attorney (herein "Trustee"), and the Beneficiary. HOME FEDERAL SAYINGS & LOAN ASSOCIATION OF:'GRAHD:ISLA..o; NEi' " a corporation organiud and existing under the law. of NEBRAsKA wbOSe addressi. 221S()UTH'LOCUST,P;'O;,'BOXi10lll1i GRAND ISLAND. NE 8880Z (herein "Lender"), BORROWER, in consideration or the indebtedness herein recited and the !rust herein created. irrevocably granlsandconvey$10 Tro-;, intrust, with power of sale, the following described property located in the Coun~y of HALL State bf Nebraska: LOTS FOUR (4). FIVE (5) AND SIX (6), BLOCK THREE (3), BRETT AND JOHN SONS ADDITION TO THE TOWN OF WOOD RIVER, HALL COUNTY. NEBRASKA Nebraska 402 East 14th Street (ST'REED 688~~________..___Jherein "Property Addr..."); (STATE & ZIP CODE) . Wood River (CITY) which has the address or TOGETHER with all the improvements now Or hereafter erected on the property. and _all easements. rights.- appurtenances. rents (subject howe-.;et to the rights and authorities given herein to Lender to coHect and apply such rents), royalties, miIlcral. oil and gas rights. and profits, water, water rights, and water stock. and aU fixtures now or hereafter attached to the property, all of wrn~h. inc,luding replacements and additions thereto. shall be deemed to be and.remain a pan of the property covered by this Deed of Trust; and all of the foregoing. together with Sl\idproperly (or the leasehold estate if this Deed or Teu.t is on a leasehold) are herein referred to as tbe "Properly"; TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's nole dateG J uCle 20. 1984 (herein "Note"). in Iheprincipal.um or FIFTEEN THOUSAND THREE HUNDRED AND I\jD/lOO-----~-__n-h-iJoIlars. with interest thereon. providing for monthly installments of principal and interest, with the balance of the .indebtedness, if not sooner paid. due and payable on July 1, 1999 ;thepaymentorallother..ums, with interest thereon, advanced in acc:ordance herewith to protect the security of this Deed of Trm.t; and the performance of the covenants and agreements of Borrower herein cuntained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender PUIliuanlto paragraph 21 hereof (herein "Future Advan.:es"). Bo~lower covenants that Borrower is lawfully seised of the estate hereby l,:ODveyed and has the right LO grant and convey the Property. that lhe Property is unencumbered. and that Borrower will warrant and derend generally the title to the Property against ail claims and demand+. subJec:t to any declarations. easements or restrictions listed in a schedule of exceptions to coverage in any tiue insurance policy inauring Len<iet'. interest in the Propeny, UNIFORM COVENANTS. Borrower and lender covenant and agree as follows: 1, Pa~t.of ~ aad lBlereR. Borrower shalI promptly pay when due the principal or and interest on the indebtedne.s evidenced by the Note. pre~t and latecbarge> as provided in the Note, and the principal or and interest on any Future Advances secured by this Deed of Trll.I, 1. F.a,,'urT_alMll_ SUbject to appJi<;able law Ot 10 a wrillen waiver by Lender, Borrower shalI pay to lender on (beds)' lIlQfi1bl~.inolal\I!lenls ofprincipai and interest ate payable Ullder the Note. until L'le NOle is paid in full. a ,urn (herein "Funds") equal 10 on... t~ftb otth. y";'iy ta._ tWd asses&Dlenl$ which may atrain priority over this Deed of Trust. and ground renl, on the Properly. if MY. plus one. t~tlI Of~earlY' premi\D1l installments for hazardinsuraru:e,plu. one-twelfth or yearly premium insta1Iments for morlga,ge insurance. ir any. ail as r_~y ..un;allOdiAitially lilid from time totitne by Lemler on the baili of assessmenl$ and hill.s and reawoable estitnates th<<ccf. The flll1duhalIbe,bek1 in an ~on the deposil$ or a=unls of which are insuroo or guaranteed by a Federal '" staleqen,;y (includifilt IA\ldcr Jf 1.endcr .. "'I'h.....institl.itio"). Lender.shalI aplll> the Funds to pay said taxeo, auewnents. insurance premiums and !lcound rent., I~ ..~ not cllatse for J(' hol<jlng and applying lhe Funds. analyzing >aid account or ...if)'ingand c.ompilifilt said _menlS and bill>, ~ I.eo.der~ PIlYS Bouowerinter.cs' on the Funds and ap~e law permiu L<nder to mlIke .ucl1 A cbarge. Borrower lll'ld Lender may _eo m wri~ ~t tbe_ time of c-lc:cutia-u ()f lhb Deed of T-rw.t that iltt-elesl on the fl.UUh $hall be paid to BonOWCf. and unlbs 5udt AlUc<<uaH is made- or