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<br />Y'll.T;t~T1l. r...-, "T"DTTC!'T"
<br />JJ~8JJUr .I.AUCJ.I.
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<br />84 -004418
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<br />THIS DEED OF TRUST is made this 24 th day of
<br />19~,amongtheTrustor. RICK D. POPPE AND NANCY K. POPPE. husband
<br />(herein "Borrower"), AREi\JQ 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 of NEBRASKA whose address is 221 SOUTH LOCOST. P.. O.BOX.1009.'.
<br />GRAND ISLAND. NE 68802 (herein "Lender"),
<br />BORROWER; in consideration of thejndebtedneS..5 herein recited and the trust herein created: irrevocably &nmtS_and'coilveys~,io-Tftist~
<br />in trust, with power of sale, the following described property located in the County of HALL
<br />State of Nebraska:
<br />
<br />AU\just
<br />and wife
<br />
<br />LOT TWENTY TWO (22), BLOCK THREE (3), COLONIAL
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA,
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<br />The Rider to the Deed of Trust which is attached hereto and executed
<br />is hereby incorporated into the mortgage. The Rider shall amend and
<br />covenants and agreements of this Mortgage as if the Rider was a part
<br />
<br />which has the address of
<br />
<br />2909 West 10th
<br />(STREETl
<br />
<br />Grand Island
<br />(CITY)
<br />
<br />Nebraska 68801
<br />(STATE & ZIP CODE)
<br />
<br />(herein l'Property Address");
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<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances,' fent$
<br />(subject however to the rights and authorities given herein 10 Lender to collect and apply such rents). royalties. mineral. oil and gas rights and
<br />profits, water, water rights, and water SUlek, and aU fixtures now or hereafter attached to the property. all of which. including-replacements and
<br />additions therelo. shall be deemed to be and remain a part or the property covered by this Deed or 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 />TO SECURE to Lender (al the repayment of the indebtedness evidenced by Borrower's ,,"te dated AUQust 24, 1984
<br />(herein "Note"), in the principal swnor SIXTY _ THOUSAND AND NO/lDo------------~.::--------.----------J)oUars.
<br />with interest thereon, r-roviding fur monthly installments of principal and interest. with the balance of the indebtedness, if not sooner paid, due
<br />and payabie on September 1, 2014 ; the payment or all other sums.
<br />",ith interest thereon. advanced in accordanL'e 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 repaYJl1ent 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 right to grant and convey the Property I
<br />that the Property is unencumbered. and tbat Borrower will warrant and ddend generally the title to the Property against all claims and
<br />demands. subject to an)' declarations, easements or restrictions listed in a schedule of exceptions to coverage in any tille insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree a... follows:
<br />1. Pll)'lIIeD.t of Priadpal aad laterest. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note. prepayment and lale charges as provided in the Note, and the principal of and interest on an}' Future Advances secured by this Deed
<br />of Trust.
<br />2. Fuds for Tuft and ID$unnce~ Subject to applicable law or to a wntten waiver by Lender. Borrower shall pay to Lender on the day
<br />monthly inst.a.llments of pnncipal and interest are payable under the Note, untillhe Note is paid in full, a sum (herein "Funds") equal to onc~
<br />twelfth of the )'early taXes and assessments which may altain priority over this Deed of Trust, and ground rents on the Property. if any, plus one.
<br />twelfth of yearly premium installmems for huard insurance, plus one-lwelhh of yearly premium instalhnents for morlSll8c insurani.'C. if any, all
<br />as reasonably estimated in.itially and ftom time to time by Lender on the basb of assessmenb. and bills and reasvnablt' estimates thereof.
<br />The Funds shall he h~ld in an HUtitUtiOI1 the deposits or accoulllll of whil'h aft insured or guaranteed by a Federal or state agenc)' {induding
<br />Lender if Lender is ,uch an institution}. lender shall apply the Funds 10 pay 'Said tax~. 3..}S('ssmcnts, insura.n..:t premiums and ground rents.
<br />Len~f may not charlt for so ht.llding and applying the runds. anal}'llIli' said a.::;,:ounl Oi vcrifyil\j. and l;ompihng said Wise.sSilll:nts and bills.
<br />unlcs~ Lender pays Borrower interest on the Funds and appb\:ablc law permits Lender 1.0 make :)w..:h a .;.'harlle, Ul,)HOWer and LenJer ma)' 1\&(<< in
<br />writing at the time of (','c,,~ution of ,hi) Deed vf TrU$t !lUll intete-,t on the hH\d-S shall De- p~id w f.wfT~)we('. ,md UHll''!.~ \IJCh a*n--emcnll:" ma"ir III
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