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<br />003760
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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST is made this 1 6t h
<br />19~.amongtheTrustor, PATRICK A. BROCK AND NANCY
<br />(herein "Borrower"), "REND R BAACK. attorney
<br />(herein "Trustee"), and the Beneficiary, HOME FEDERAL SAVINGS & LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a corporation organized and existing under the laws or NEBRASKA whose address is 221 SOUTH LOCUST, P. O. BOX 1009,
<br />GRAND ISLAND, NE 68802 (herein "Lender").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably gran[S and conveys to Trustee,
<br />in trust. with power of sale. the following described property located in the County of HAl I
<br />State or Nebraska:
<br />
<br />day of Till Y
<br />BROCK. hllsh?mrl "nri "Ii f p
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<br />LOT TWENTY-FOUR (24), BLOCK TWO (2), IN SOUTHERN ACRES ADDITION, AN ADDITION TO THE
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<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br />The Rider to the Oeed of Trust which 1s at cfled hereto and executed on the same day is
<br />hereby incorporated into the mortgage, The Rider shall amend and supplsment the covenants
<br />and agreements of this Mortgage as if the Rider was a part thereof.
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<br />which has the address of
<br />
<br />2406 Brahma
<br />(STREET)
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<br />Grand Island
<br />(CITY)
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<br />6880l
<br />(STATE &ZIP CODE)
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<br />TOGETHER with aU the improvements now or hereafter erected on the property. and all easements. rights,: appurtenances~:,Jents
<br />(subject however to the rights and authorities given herein to Lender to collect and apply such rents), royalties. mineral, oil and gas.rights:aD.d
<br />profits, water, water rights. and water stOCK, and aU fixtures now or hereafter attached to the property. all of which, including tep~acenients_-aDd
<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 foregoing. 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 />Nebraska
<br />
<br />(herein "Property Address");
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<br />TO SECURE to Lend~r (a) the repayment of the inqebtedness evidenced by Borrower's note dated J 81 V 16, 1984
<br />(herein "Note"), in the principal sum of EIGHTY THOUSAND AND NO/lDO-- --------------------~---------1)onars,
<br />with interest thereon. providing for monthly installments of principal and interest. with the balance of the indebtedness, if not sooner paid.. due
<br />and payable on Auqust 1, 2014 ; the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by. Lender
<br />pursuant to paragraph 21 hereof (herein "Future Advances").
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<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the dght to grant and convey the Property,
<br />that the Property is unencumbered, and that Borrower will warrant 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 follows:
<br />1. Payment of Principal and ID~erest. Borrower shall promptly pay when due the principal of and illteresl on the indebtedness evidenced
<br />by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />monthly installments of principal and interest are payable under the Note, until the Note js paid in full. a sum (herein "Funds") equal to one-
<br />twelfth of the yeady taxes and assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any. plus one-
<br />tweJfth of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium installments for mortgage insurance; if any I all
<br />as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a FederaJ or state agency (including
<br />lender if Lender is such an institution). Lender shaH apply the Funds to pay said taxes, assessments, insurance premiums and ground rems.
<br />Lender may not charge for so holding and applying the Funds, analYZing said account or verifying and compiling sai\.! assessments and bills,
<br />unless Lender pays Borrower interest 011 the Funds and applicable law permils Lender 10 make such a charge. Borrower and Lender may agree in
<br />writing at Ihe time of execution of this Deed of Trust that interest on the Funds shall be paid to Borrower. and unless sUi.:h agn...-"Cment is made Or
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