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<br />84~.
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<br />004010
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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST is made this 30th day of Jul v
<br />19~,amongtheTrustor.~CHAEL R. LARSEN AND RHDNDA_R._ !..llli.S.EN. husband and wife
<br />(herein "Borrower"); AREND R. BAACK. at torne~~ _ _
<br />(herein "Trustee"),andtheBeneficiary. HOME FEDERAL SAVINGS & LOAN ASSOCIATION OF GRAND ISLAND. NE
<br />a corporation organized and existing under the laws of NEBRASKA whose address is 221 SOllTH LOCUST, PeO. BOX 1009,
<br />GRAND ISLAND. NE 68802 (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. withpawer or sale, ~he rollowing described property located in the County or HALL
<br />State or Nebraska:
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<br />LOT EIGHT (8). 8LOCK ONE (1). MEVES FIRST ADDITION TO THE CITY OF GRAND ISLAND
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<br />HALL COUNTY. NEBRASKA
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<br />The rider to tile deed of Trust which is 3tt3ched hereto and executed on the same..day' is
<br />hereby incorporated into the mortgage. The Rider shall amend and supplement the covenants
<br />and agreements of this Mortgage as if the Rider was" lart thereof.
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<br />which hastheaddressof_~______~?~_[dst iY}~\.res _____.____~_
<br />(STREET)
<br />Nebras,ka _ 5BBOl________________.__(herein "Property Address");
<br />(STATE & ZIP CODE)
<br />
<br />Grand Island,
<br />(CITY)
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<br />TOGETHER with all the improve:tDtnt.'i flOW Of hereafter erected on the propcrty~ and. all easements. fi&bts~ appurtenances. reats
<br />(subje,;t however to the rights and authonti", giv<n herein to Lender to collect and apply ,ucll rents), royalties. mineral. oil and gas ri8lUaand
<br />profits, watCf. water rights. and ""atet stock.. and ail fl'l(tures now or hereafter attached to th.e properly. all of which. includina teplacemen1s.ud
<br />additions the<eto. ,ball be deemed to be and relDaln a pwt of the property c,,,e,,,O<I by this Deed of Trust; and all of rlw foreaoioa.tQ&Cthet with
<br />said property (01 tbe leasehold ..tate ir tlus Deed of Trust" ou a leasehold) are herein referred to as the "Property";
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<br />TO SECt! RE to LendeHa) the repayment of the indebtedness e"deuced I>y Borrower's note dated . J U 1 y 30 , 1984
<br />(herein"Note"),intheprillo.pa!.wnof _~HIflJY ONt_LHOUSA~Q...l_\hIO HUNDRED !'IFTY AND NO/lOD----------DoIIlus.
<br />with interest thereou, pl'Qviwng for monthly i~tanment5 of principal and interesl. with the balance of the indebtedness, if not sooner paid, due
<br />and payable on ___.____,__ AUGus t .1......1.9.l~___,______; the paymen~of all other SUJJII.
<br />'l4'ith interest thereon, advaru.:ed in accordance herewith 10 protect the security of this Deed of Trust; and the performance of the covenants and
<br />aarecmcnl.S of Borrower herein (ontained; and (b) the repayment of any future advances, with imeresl thereon. made to Borrower by Lender
<br />put$lWlt to paragraph 21 hereof (herein "Future Advam:e,"),
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<br />Borrower CQ\'enants that Bon ower is lawfully S>elsed oi the- estale hereby conveyed and has the right to grant and convey the Property.
<br />that the Property is unencumbered. and that Borrower will warrant and defeud generally lhe title 10 the Property against all claims and
<br />demands", subj(Ct to any declarations. easeme.."\lS or (eSu~"tlons listed in n Khedule of ex4.'eptioru. to cover-age in any title iruu.lfance policy
<br />insuring l.cndet',interesl in (he Property.
<br />UNIFORM COVENANTS, Ilorrower and L.ender covenant and agree as follows:
<br />I. Pa.t_ of PrilIdpoll_ I-. Borro",er shaIJ promptly pay when due the principal or and interest on the indebtedness evidenced
<br />by rlw No<e, prep&)'mCnt ~ \aU chat.es as provided ill rlw Note. and the principal or aut! int.rest on any Future Adv...... _ured I>y llUs Deed
<br />or TulSt,
<br />1. ......,.. T_ _~ Subjel."t to applil:able law or toa ",rillen waiver by Lender, Borrower shaIJ pay to Lender on the day
<br />..-!hIy ~ ill prinapal and inter..r ll.le payableontier the Note, until the Note is pald in ftill. a sum (hel". "funds") eqU&l to one-
<br />twclftll of the y..uly ""'.. and _u wltich rrmy altain priority over (IUs Deed of Tru.st, .....1 "QUnd rell" on the Property, jr any. pl"" u~
<br />tweltUlol yNtlY !'(aIliw>ll~ tor ha.told iMurllDCC. plus one-twelfth of yearly premium i..~nt.> fOllll<lnaaae insurllDCC. ir any. all
<br />as l~y ~ initially and fl'OO\ time to time by Lender on the b.I>li of _tsllJid bill> and r_ble "'timates the<eof.
<br />The fWl<is >hall be hd<.llu an i...titution the deporoit> or au:ounts "f wh1C. ore l"O,ed or ,uaranteed by a federal 01 Slate .......1' (includlna
<br />l<'_ if l.e!.1de:l .. ,,,,,h aniMlltuOOrt). t.ildei shaIJ ilPply the fWl<is to pay md t...... ~, inouraoce preuuwtU and around rents_
<br />t.._ may .... dwi" r... ... ~ and ol'lllYinlthc Fund>. an.lYzlna:;aid OOCWl.t '" vetify'UlII and COlllplling ,-..ill _ and bill>.
<br />lll1oll::ul.cndet l*)'.1M-r""'...t\l....... "" In.: Pur.uandilPl'!.".,cIel"'pcnnitsl...,.ndcr "'mUe sucb . charge, Ilorr""-et mid LCllder may..,.., Ul
<br />.h4D, II( tht ~imt ..."f ~utH.J4l (It dm ~ ut' Tryst thai tntetut, Of! dtt;.f~ WAll tlIt pAM1 to Born)'IIt-ct. and un1b.i sUt.,;h ltp\."fW.lfl\t ii made- tH
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