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<br />8414 '004.60$
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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST is made. this 28th day of AU>lust
<br />19~,amongtheTrustor, LAWRENCEJ. VOLFAND SANDRA K. VOlF.. husban!;Land w if a
<br />(herein "Borrower"), AREND. R,BAACK, att21J1.ay at law '. .'_ .0
<br />(herelnuTrustee"),'and the Beneficiary, HOME FEDERAL SAVINGS" LOAN ASSOClATIONOFGRANDISLANOiNE'
<br />a corporation organized and existing under the laws of NEBRASKA whose address is 221 '. SOUTH LOCUST. .P. .0; BOXAOO8.
<br />GRAND ISLAND. NE 68802 (herein "Lender"), .
<br />BORROWER; in consideration or the indebtedness herein recited and the trust herein created, irrevocably'grantil andi:onveys toT1;IlStee,
<br />in trust, with power of sale, the following described property located in the County of Ha I I.. ..... ....., ......,
<br />Slate of Nebraska:
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<br />lots Seven (7) and Eight (8), in Block "B", First Addition to Wood River, Halt County;:
<br />Nebraska.
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<br />The Rider to the Deed of Trust which is attached hereto and executed on the
<br />hereby incorporated into the mortgage, TheRider shal I amend and supplement
<br />and agreements of this Mortgage as it the Rider was a part thereot,
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<br />which has the address of
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<br />408 West 12th
<br />(STREE1)
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<br />Wood River
<br />(CITY)
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<br />NE 68883
<br />(STATE&ZIP CODE)
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<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenan<:eli,..rents
<br />(subject however to the rights and authorities given herein to Lender to collect and apply such rents), royalties, l!lit1erai, oil and.galI.ri&I.\ts'alld
<br />profits, water, water rights. and water stock, and all fixtures now or hereafter a~tached to the property, all of which, incIudU!&rep)acements ~d
<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 fOfCllOin&,toaether.with
<br />said property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property";
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<br />(herein . 'Property Address?~);
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<br />TO SECURE to Lender (al the repayment of the indebtedness evidenced by Borrower's. note dated Aug u st 28. . 1984
<br />(herein ~'Note"), in the principal sum of TWENTY ONE THOUSAND FIVE HUNDRED AND NO/ I 00-:--------- Dollars,
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<br />with interest thereon, providing for monthiy installments of principal and interest, with the balance of the indebtedness, if not sooner. paid, due
<br />and payable on September I, 2014 ; the payment of all otheuU1llll.
<br />with interest thereon, advanced in accordance herewi~h 10 protect the security of this Deed of Trust; and the performance of the covenants.and
<br />oareements of Borrower herein contained; and (h) the repayment or any future advances, with interest thereon, made to Borrower by Lender
<br />pursuan~ to paragraph 21 hereof (herein "Fu~ure 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 ,
<br />that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all clai1ns and
<br />demands. subject to any declarations. easements or tes,rictions 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 oaree as follows:
<br />I. Paymeat.of Priaclpalud mlenst. Borrower shall promptly pay when due the principal of and int.res, .on th. 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
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<br />1,. .F1uIdII. for Toea ami IDS_. Subject to applicable law or to a written waiver by Lender, Borrower shall pay t.o Lender on the day
<br />IlIQIlth!ll instal1m"'ts of principalalld interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one-
<br />twdfth of the yearly tues aIld assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one-
<br />twlll.fth"ofYearlypretDil\lttins'allments for hazard insurance, plus one.twelfth of yearly premium installments for mortgage insurance, ir any, all
<br />as reasonably estim,at~initially and .from tim,e to time by Lender on the basis of assessm....ts and bills and reasonable estimates thereof,
<br />The Fl\Il<\S shall b~held in aninstitution the deposits or accounts .or which are insured or guaranteed by a Federal or state agency (including
<br />Lender if ~der .is. such an institution): Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Le.nder m,aynClt chargef,!r so holding an<l applying the Funds, analYzing sai<l account or verifying and compiling slUd assessments and bills,
<br />\U!less Lender.paysBorrower interest on the Funds and applicable law pernrits Lender to make such a charge, Borrower and Lender may agree in
<br />writing at the time of execution of this Dee.d.ofTrust that interest on the Funds shall be plUd to Borrower, and unless such. agreement is made or
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