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<br />DEED OF TRUST
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<br />84 - 004396
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<br />THlS DEED OF TRUST is made this 24th day or Auoust
<br />19~,among~heTrustof, ItlIU lAM E. SMITH AND CAROL S. SMITH, husband and wife
<br />(herein "Borrower"). AREND R, BAACK, attorney ,
<br />(herein "Trustee"),andtheBeneficiary, HOME FEDERAL SAVINGS" LOAN ASSOCIATION OF GRANDISLANDilfE
<br />a corporation organized and existing under the laws or NEBRASKA whose address is 221 SOUTH LOCUST, P. 0; BOX'l00!J,
<br />GRAND iSLAND. NE 68602 (herein "Lender").
<br />BORROWER, in -consideration of the indebtedness herein recited and the trost 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:
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<br />LOT FOUR (4), IN BLOCK ONE HUNDRED THIRTY TWO (132)
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br />The Rider to the Deed of Trust which is attached he.~to and executed
<br />is hereby incorporated into the mortgcv:J2. The Ri,de- shall amend, and
<br />covenants and agreements of this ftiortgage as if _:-Je Hider was a part
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<br />wluch has the addtes,of____'_1021-West ,~'(oeni9-__,__,
<br />(STREET)
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<br />Grand Island
<br />(CITY)
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<br />\eoraSKa c8801 __,__~.___~___~(herein "Property Address");
<br />-~-~---;STATE & ZIP CODE)
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<br />n::)(..lc-THEk ""Iin aU tht" iiiipWV~"1lCm~ mn>.' or heresfter ere-.:tro on the property I and .u ~enlS~ rights, appur~t:_tetl~
<br />(subjo:\ however to th(': rigol5. and authorities given herein to Lender to collect and apply such rents). royalties. minC{alt oil alld--Pli ~.end
<br />profit', water, water rights, and warer stock, and a1IIlXlures nuw Ot hereafter attached to the property, all ofwhicll, incfudin&~~~
<br />additions theteto, shall be deemed to be and remain a pan of the property covered by this Deed of Trust: and all of the foreaoilla,IOl'lther.with
<br />said properly lor the leasehold estate {f this Deed of Trust IS on a leasehold} are herein referred to as the uPropaty"'j
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<br />TO SECURE to Lender ,a) the repayment of the indebtedrtessevidenced by Borrower's note dated AUQust 24. 19B4
<br />,herem"Note"I,intneprincipai"ullo[ __;iEc'UnEE~J THOUSAND SIX HUNDriED AND NO/100n.--~--nn':.c-:'::"~Bollars.
<br />'hith interest thereon, pro\tiding for monthly installments of principal and interest~ with the balance of the indebtedness. if not SOOllet paid, ~UC':
<br />andpa~.bleon_______~tember 1, :;:1)0" ___,____.______ ; thepaymenlorallother'~
<br />with interest ther~)f),. advanlo.'<d in a;..:cordance htle\liith to protC'Ct the s.ecurity of this Deed of Trusti and the performance of the COVeIUlJll$ and
<br />a.grcemenl5 of Borrower herein ~i...'-o'ltained; and (b) tbe repayment of any future advances, with il1lerC:Sl thereon, made to Borrower by- Lmdcr
<br />purs.uam h) paragraph 2i hereof (herem' 'Future Advan;;:c:s' '),
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<br />Borrower covenant.s that Borrower is tawluUy seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that. the: Property ts unencumtx-red, and that Borrower .,.,ill warrant and defend generally the Litle to the Property against all claims and
<br />demands. subject to any declaratioru.. easements or restrict.ions listed in a )chedule of exceptIons to coverage: in any title insurance policy
<br />insuring Lender's intcrot in the Property.
<br />UNIFORM C-oVENAt"lTS, 8orro\l<'I:[ ilnd le-nda \;;oveuant and ag.ree a~ fi..1l1ows.:
<br />1. Fa).... of PriadpalaDd laterest. Borrower shall promptly pay .....hen due t.he pnnclpal of and interes.t on the indebtcdneu cvid~ced
<br />b-) tbe Nate. pu:pa)1'nCIU and tate- ctw'g~ as pro\'id<<l in the Note. and the princlpal of and interest Oll au>; f"ulurt Advances s.ecured by lhis Deed
<br />oiTru,sc
<br />}, faacla roc Tua aDd hWlraacc:. SUbje\~lIQ 4ppli\"'abk la,,",- or to a wrllltl\ waJ\'tr b) Lt-ndct. Borrower shalt pay to lender Qlllh~day
<br />monthJ, iUMallmtnu. \,)f pnnopat and interest are payable- uudel the Note, until Lhe Note IS- paid in full. a. !Own (herein "Funds") equai tQ Ol1e-
<br />tweU'lh ortbe lead)' !a;\ts and ~:untnts whkh may a:tta.m priority U\'C'f this De('(! of Trust, and ground rents on the: Property. if any, plus one.,
<br />lWtfth \Jf )lc&fty NCUllUID mst.um.cnts 101 hi.l.llfd lfi~UtaU;':t. pllb tJUt-twelfth of yearly premium mstallment.s for JUoft.&a&e msuram:C', if auy. aU
<br />..~ reuonably t1,umatcd I!Htiall~ and t'rom lime h,l time b)' Lender on the: bM-i$ of a~\nlent) and tuUs and rcas-onabJe o;tiuuues thereof.
<br />fh<: Ftmdt ;)MU he; hc-1d in an in..s1Hulion the: Jepl)l}h Qf lk:.:(}unts of whk:h a.re m~l-ircd or guatatlH:t'tl by il F~C'tal ;;,\f state q;enq' llndudu't8
<br />LenJcr if t~ndC1 n ~uo,;b an tn.Slltuh\m}. Lender shaH _ppl,' t-ht FUllJ.5 w pa)' :"<\ld tuCl., a!.~C)lments.. Insurance- pu:nllUnlli and jlflJund ttt1l~
<br />L('t:K.k! fnia) nl;,.l1. dultJc (01 Mi h<.\l.ilin,. and applyuti iht Fun.J$, an..aJ)'I.Ulti ~a:.d &(,:({)um Oi ,;cnIYHlg a.nd ~()mpdllli l.all..\ a~"(.'~-'i.mcl1l) and tltlls,
<br />u_n.ie~\i l.,(':lulcr ~)'.\ &}(r(.l,",,'Cl: J.illertst ~>n the Fww...-., ;:mJ ilppti.;ablc ta\lf p<nmt\ L.eou.tr to mak.~ ~-ud) t\ :,;h...Uit HOHO\'it'i' <lnd Le-nJ.C1 maJ .1qlrb: U:l
<br />-...nHn. Jl11ht \-ime 'Of tXt'l..UHtUi iJl (.hb i~j vi In.t'H OlliS utte:l~!. (jlll,he h.mJ_l .,haJJ tot p<u;j w HorH,w..er. J,1'td utile:)!> ""II,h as!t~men( l~ lHad~' (11
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