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<br />84 -.'" O()4077
<br />DEED OF TRUST
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<br />THIS DEED OF TRUST is mad. this 31st day of July
<br />19~.amonglbeTrusfOr, CATHY L. SErl, unmarried
<br />(herein "Borrower"). AREDN R. BAACK, attorney_
<br />(heroin..Tru"....),and tbeBen.ficiary, HOME FEDERAL SAYINGS & lOAN ASSOCIATIONOF.GRAHD ISLAND,HE
<br />aCOt'pOration organized and existing under the laws of NESRASKA wllose address is 221' SOUlHlOCUST, P: O. BOX:100il,:
<br />GRAND ISLAND. NE 88802 (herein "Lender"),
<br />BORROWER, in con.t<ierstion ortll. indebtedness herein recited and the trust herein created, irrevocably grants and conveys 10 Trust...
<br />in lrust, with power of sale, the rollewing described property located in the County of HALL
<br />Stat. Of Nebraska:
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<br />LOT TillO (2). IN BLOCK THIRTY-~HNE (39). IN RUSSEL WHEELER'S ADDITION TO,THE.CITVOF
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<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br />whichhaslheaddrnsof~__-=:.?J.:. E.a-:::t 32th Stn~et-
<br />(STREET)
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<br />___ Nebraska _ 68801_________(herein "Property Address");
<br />(STATE&ZIPCODEl
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<br />TOGETHER wilh all tlf<t .~oyemenl$ now or hereafter erecu:d on Ilf<t property, and all_Is. rigbu.a~.'~;
<br />(subjt:<'t however to the "ghts and authoriti.. given herein 10 Lender 10 collect and apply such tents), tOyll1ti...lllineral,oiI!11lCl...,~~
<br />profils. water, water tights. and water "ock, and all fixtures now or hereafter attached to lbe pl'operty. all of wbich.indlKlluc; {~_.~:.
<br />additions therelo. ,hall be deemed to be and remain a pan of Ih. pl'operty covered by this DccQ of Trust; and a'''!lf theJoreaolIlI.~.wilb
<br />said property (or thelea.seb!lld ..tate irthis Deed of Trus. is on alea.seb!lld) are herein referred to as the "Property";
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<br />Grand Island
<br />(CiTY}
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<br />The Rider to the Deed e!f Trust which .is attached hereto and executed on t~~ -same
<br />hereby incorporated intG the mortgage. The Rider shall amend and supplement
<br />and dgreements i:if thi::, MOrtgage as if t,he Rider was 3- part thereof..
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<br />TO SECURE 10 Lender (a) thuepaym.nt of tbe indebtedness evidenced by Bop:ower's note dlI~ed J u 1 y 31, 1984
<br />,~--' "Not "I' he . '~.I ,'TWENTY ONE THOUSAND AND NO/IOO----.-------------------,--, ---n:.l......:. ...'
<br />\UCle1D e. 1Q t prlDCl.... sum 0 ______ _ "_ _" _ _ _~..
<br />with imm:sr. theEcon, provi<ting rOt: monthly installment, of principal and inter..t, witb the balance of lbe in~ if not _.~dlM>
<br />andpayabkon .Auqust 1, 2014 ; lbepaymept.l)/'aIl!ltlierSIUllS,.
<br />with imerest theroon. advanced in accordance hCf"t'Vfith to prmecl tht' security of this Deed of Trust; and the performance of the covenanu...
<br />_.. of Borro..... herein contained; and (h) the repa)'tIlCflt of any future advance., witb interest tbereon. matle to Borrower by Lender
<br />PUl$lW11t" paragraph 21 he.-cor (herein "Future Advl\i1<CS"),
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<br />Bono_ covenant. that Bono_ ;.lawrully ..i>ed or the estale If<treby conveyed and bas Ilf<t right to grant and convey tile. Propcrry.
<br />that the Properly is u~ncurnbered, and lba. Borrower will warranl and dercnd generally the lille lO the Propeny agains~ all claims and
<br />~. subja..'"t to any declarations, easements or reslrk."1.ions listed. in a schedule of exceptions 10 coverage in any title insurance policy
<br />illSl.fl'ill& Lender's imercot in the Property.
<br />UNIFORM COVENANTS. ,Borrower and Lender covenant and agree as rollo....;
<br />I, ~l of l'riIocipoIl....!D1enst. Bono...er shall promptly pay when due Ihe principal oi and interest on the indcbtedllC$$ evidenced
<br />by the Note, pr_lllCJlt and late chara.. as provtded in the Note. and Ibe principal of and interest on any Future Advance. secured by tbis Deed
<br />ofT......,
<br />1, ,... for T_.... J-. Snbjcclto apph<able la... or (0 a "'''lIen waiver by Lender, Bonower shall pay to Lender on tbe day
<br />lOOIlIhIy installmcnu of principal and inleresl arc payable under the Note. unlil the Note is paid in full, a sum (herein "I'UI\ds") equal to one.
<br />twelfth of Ilf<t yar\y la1,es and assessments which may attain priority over tbis Deed of Trust. and around rents on the Propeny, if any, plus one-
<br />tWlllfthl)/' yearly pranium mstallmenlS for hazard insurance. plUS one-Iwelfth of )'Carl)' premium installmenl$ ror martaase insuranc<:. if any. all
<br />as '_bly ftlimaIcd lnitiaIly and from time to time by L..lder on the buis or _ and bills and reasonabk estimates thereof,
<br />'"", flind> !ball be.held in an institution the depo$ill or alXOunl$ of wbi,h are insured or &uaranteed by aFedetll1 or stat. ....OC). (includina
<br />I.cndct if lender b ,l.ldl an institUtion), Lender .haIIapp!y the f'und> to pay said lIW:$, '""_IS, tn.uran.... pr.miwns and around rents,
<br />l~ may no' cbarac r!lf ... holditta and applyina the l'un<h, analyztll/l ..wi """"unt Or yerify!ll/land <ompllill/l said _1$ and bilb,
<br />unleoll.cndcr pay, Borrower intcra! on the Fund> and applicahle ta... "".mil> Lender.o makc ,uch a ,barac. Borro..... and I.cnder may as.... in
<br />"'filiAl a1 the time: of C~kUliOJ,l-o-f tm. I.>ocd of T fUll that .nu~rest 00 t-be- h.tud". .th.aJ.l be piUd to- Borrowff. and unle51- sU\":h a.areemc:tll U tll.~ vr
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