|
<br />DEED OF TRUST
<br />
<br />~4 - 003714
<br />
<br />THIS DEED OF TRUST is made this 1I'tb__ day of Jul y
<br />19~,amongtheTrustor, CLARK EUGENE POOLE AND DIANE MARIE POOLE. HUSBAND AND WIFE
<br />(herein "Borrower"), AREND R. BAACK, ATTORNEY AT LAW
<br />(herein "Trustee"). and the Beneficiary, HOME FEDERAL SAVINGS & lOAN ASSOCIATION OF GRAND ISLAND, HE
<br />a corporation organized and existing under the laws or NEBRASKA whose address is 221 SOUTH lOCUST, P.O. BOX 1009,
<br />Gfl.AH!l ISLAND, HE 6!!802 (herein "Lender").
<br />BORROWER. in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the rollowing described property located in the County or HALL ,
<br />State of Nebraska:
<br />
<br />LOT TWO (2), IN BLOCK THREE (3), IN KNICKREHM FOURTH ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />(STREET)
<br />
<br />Grand Island
<br />(CITY)
<br />
<br />
<br />which has the address of
<br />
<br />114 E. 22nd.
<br />
<br />6RROl
<br />(STATE&ZIPCODE)
<br />
<br />TOGETHER with all the improvements now or hereafter erected on the property. and -all easements, rights, appurtenances, r~nts_
<br />(subject however to the rights and authorities given herein to Lender to collect and apply such rents). royalties, mineral,;Qil and 8as,rii&ts-8n.d
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including r:~placenlen~,and
<br />additions thereto, shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the roregoing; together. with.
<br />said property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property";
<br />
<br />Nphri'l s ki'l
<br />
<br />(herein "Property Address");
<br />
<br />TO SECU RE to Lender (a) the repayment ofthe indebtedness evidenced by Borrower's note dated Ju 1 y 12. 1984
<br />(herein "Note"), in theprincipai sum of THI RTY THOUSAND DOLLARS AND NOIlOO ------------:------- Donati,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness. if not. sooner paid. que
<br />and payable on AlIglIs t 1 st, 2004 ; the payment or an otherswns,
<br />with interest thereon, advanced in accordan(.,'e herewith to protect the security of this Deed of Trust; and the performance of the covcnants,and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />purl>uatit w p4iCigIapi'1.t.l hei~uf (i1CIl:iu . 'FUlUft.:: AJvdJ.u,;e...'.j,
<br />
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is unencumbered, and that Borrower will warram and defend generally the title to the Property against all, claims and
<br />demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as [cHows:
<br />] _ Payment of Principal aDd Interest.. Borrower shall promptly pay when due the principal of and interest. on the indebtedness evidenced
<br />by the Note, prepayment and lat.e charges as provided in the Note, and the- principal of and interest on any Future Advances secured by this. Deed
<br />oflrusL
<br />1. .'unds for Taxes and Insur80ct. SubjeclLO applicable law Of to a written waiver by Lende-r, Borrower shall pay to Lender on the day
<br />monthly installments of principal and inlerest are payable under the Note.. until the Note is paid in full. a sum (here-in "Funds") equallo ooc-
<br />tweJfth of lhe yearly laxes and assessments. which may attain priority o\'er this Deed of TruM, and ground rents on the Property. if any. plus one~
<br />twelfth of yearly premium installments for tuuard insurance, plus one-twelfth of yearly premiwn installments for mortgage insuram.'e, if any, all
<br />as reasonably estimated initialh' and from time to time by Lender on the basis of assessrnent.s and bills and reasonable estimates thereof.
<br />rhe fund:;. 5l1aH be- held in an institution 1hc: depQsit~ or aC(Qlmt5 of which are insured \;If guaranteed by.. Federal or state agent.:)' (ll1duding
<br />Ltnder If Lender i~ $U(,h an institutIon). Lender :;haU appl)' the Fw}d.s tl) pay s<;lHi ta..1:C':.. :l\..,>cssrne-nL". i.n.'-'llfance premium:;. an.d ground reub.
<br />I tndcr may nUl char,ge for \0 hQ!dmg and applyins tht: Funds. aualY1.ing sai.d .,{(-(:ount (,r v-cnrYlng. and cumpi!ing saId aSScssOIcllb and hilh.
<br />Iml(';:\i5: Lender pa)''S ix;r:f\.IWrf !Ukrt~t (ltllhe funds and applicabic 1a....' penn.:!!;. Lend-l" to make ).ll(h a dHUgc, Borr\lw'Cf and Lcnder may agrC't i~;
<br />\kllo-ng ai the tij'ne (,l[ C'Xf.'\:Uii,'.<n uf frns DCl;"Q ,.If Tw};.t lhai imt;rt:,u OI~ tilt; hwds sha.ll be paid lo Borrower, ,tile! unk.,~ Qh'!1 it-sX~en:t,~n!. h f\l.!tlk
<br />
|