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<br />DEED OF TRUST
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<br />;, B4 - 006147
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<br />Llst da of NQuember
<br />SCHr~DT AND JULIA C. SCHMIDT, husband and w~te
<br />AREND R. BAACK, ATTORNEY AT LAW
<br />(herein ..Trust....). and the Benertciary, HOME FEDERAL SAVINGS It LOAN ASSOCIATION OF GRAND ISLAND. HE
<br />a corporation organized and existing under the laws of NEBRASKA whose address is ZZ1 SOUTH LOCUST. P. O. BOX 1008,
<br />GRANO ISLAND, ME lIII802 (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, with power of sale, the following described property located in the County of HAl I
<br />State of Nebras~a;
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<br />THIS DEED OF TRUST is made this
<br />19l!.L. among lhe Trustor. CHRIS W.
<br />(herein "Borrowert'),
<br />
<br />
<br />InT ONE (1), HTCKf.1AN SUBDIVISION IN THE CITY 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 f1kLtt.Qage as 5 f ~""-~~ Rjdp.T was a part
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<br />
<br />which has the addre$.s of___~__,_,_J~JJ.~_j\ndo ___.__._____...
<br />tSTREET)
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<br />Grand Island
<br />(CITY)
<br />
<br />Nebraskd
<br />
<br />bBSDl
<br />
<br />_____.__.___.M'__...therein "Property Address");
<br />
<br />(STATE &; ZIP CODE)
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<br />TOGETHER with all the improvement. now or hereafter erected on the pHlpertY, and all _IS, rights, appurtenances, rents:
<br />(subject however to the riglll. and authorities given herein to l.ender to colk\:t and apply such rents). royailies, mineral; oil andgasriablSand
<br />profit.. warer, waler rights, and water stock. and all f",tures now or hereaft.er allached to the property, aU of which, including replacemellts and
<br />additions thereto, stlall be de:med 10 be and remain a part of tbe propeny covered by this Deed of Trust; and all of the foregoing, together with
<br />said property l<>r the leascboId eotate if thts Deed of Trust is 00 a leasehold) are herein rererred to as lhe "Property";
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<br />TO SEClJRE 10 Lender (a) lhe repayment of the indebtedness evidenced by Borrower', note dated Novernber-" J. , 1964
<br />(hercin "Nole"), in tbeprinctpal sum of .. ~IXTY I [GHT .1J::10U5l\ND UGHl. HUNDRED AND NO!iOO------------1>ol!w.
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<br />with Interestlheteon, providina for monthly installtnel115 of principal and. interest, with the balance of the Indebtedness, if nOt sooner paid, due
<br />andpayableon .__._,_ December 1-,--_2014 ___,_____________~Ihepaymentofallother.ums.
<br />with interest thereon, advafK,"ed in accordance herewith to protect the st'Curllj' of this Deed of Trust; ai.u ihe r~rfvrr=-~ vf ~~-v evV~.a.'lS and
<br />.......tnel1ts of Borrower herein contained; and (b) tbe repayment of any fUlUre advane..., with interest thereon, made to Borrower by Lender
<br />pa....uantlO paragraph 21 hereof (herein "Future Ad"ances").
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<br />L
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<br />Borrower "wcnants thaI Borrower is tawfuU}' seised of tbe estate ilereby conveyed and has the right to grant and convey the Property,
<br />that the ProperlY i, unencumbered, and that Borrower will ..-arrant and deferld generally Ihe JiUe 10 the Property againsl all claims and
<br />demands. subj<<t to any declarahOll5, easettl('ot> or r..trieli,,,,, listed in a $Chedule 01 ,",ceplions 10 coverage in any title lnsuraneepoliey
<br />insuring Ler-.der', interest in the Property.
<br />UNIFORM C-vVEN:.AN 1~. Borrower and Lender ro....manl and agree iU follows:
<br />I. Pa~ of PritIdI*......-. Borrower ,hllll promptly pay when due the prindpal of and illterest on the indebtedness evidenced
<br />hy tll<: Not", pTeplIytll<mt and late cilarges as provided in the NOle, and Ihe principal or and iuterest on any Future Advances 5<<:ured by this Deed
<br />of 'frug,
<br />2, ..... IlN' T_ .... ~. Subje<;t to applicable law or to a written waiver by Lender, Borrower shall pay to l.ender on the day
<br />_bly l~ of prittcipal and inter""r lIle payable under tlte NOle, umillhe Note i. paid in full, a sum (herein "Fund.") equal 10 one-
<br />t_fttl of tbt'Y!tttly~4nd ~~u which ms, ;ntam: priority \lVei tru-s Deed of Tflui. anu ground rents on the Frapen)' l if any. pius one~
<br />lwelfth 01 ~ly p'"""um i...tallmen15 fv, hua.d iJ>$uran<:e. plus 011C4welfth of yearly premium installments for morts...e Im"f"""", if any, all
<br />.,~ eIltmtied illltielJymd from JiIM to lilM by tender on the hDis of _enls and bilb and reasonable estimates thetcof.
<br />ll1t fundJr, 'Oh..n boo MId ill allllll;!ilution the dep...sll$ or ...'COUllI. of ..hidl are in.ured Of llualaJU<ed by II Federal or .tale 8&ellcy (iueludina
<br />t-l\1ldler if ~ i. >UClt an ilUtit.Uliun}. l.<:ndet !lhalI al'l'lY tn., Fund> to pay ....d ta_, "-'oesm>enl~, ,muranee premiums and !!found rents.
<br />I.~ _y - cllatp for 0(> hoMillll and applyina the Funds. alUllplIlll ;;aid ..t""lll or verH:.~"ll and <'Qmpiling .aid .......nlC..U and biU.,
<br />..nltM ~ ImY' Ilon_ Inl<:'fM 00 lhe FundJr, and awlicAble law prrmiu Lender to make ,,,,,h. <hallie, Borrower and under tnlly 0$"'" In
<br />wtlt___ Hw UInt--of e.l1ta;U'Joo:of Uu", ~ 'Or Trust tbaJ mttr~( on the FUhd~ t-ha-U be p.id to tk'l.ffllWel, and unles.s .\uth ajr<<-ment i~ made or
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