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<br />DEED OF TRUST
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<br />OA __ 006176
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<br />THIS DEED OF TRUST is made tbis 23rd day of November
<br />19~,amongtheTrustor, BRYAN D. SHUSTER AND PAMELA K. SHUSTER, husband and wife
<br />iberein "Borrower",. AREND R. BAACK. ATTORNEY AT LAW
<br />(herein "Trustee"), and the Beneficiary, HOME FEDERAL SAVINGS .. LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a corporation orpnized and existing under tbe laws of NEBRASKA wbose address is 221 SOUTH LOCUST. P. O.BOX 1009,
<br />GRANO ISLAND. NE lI8802 (berein "Lender"),
<br />BORROWER, in consideration of tbe indebtedness herein recited and tbe trust berein created, irrevocably grants and conveys to Trustee,
<br />in trust, witb power of sak, the following described property located in tbe County of HALL
<br />State of Nebraska:
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<br />LOT SEVENTEEN (17), IN BLOCK THREE (3), IN LE HEIGHTS SECOND SUBDIVISION, HALL COUNTY,
<br />NEBRASKA, BEING A PART OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER Qt=' THE NORTH~
<br />WEST QUARTER (NWtNWt) OF SECTION ELEVEN (11), TOWNSHIP ELEVEN (ll) NORTH, RANGE TEN
<br />(10), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
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<br />whicb bas the address of
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<br />4340 Heavenly OrIve.
<br />(STREET)
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<br />Grand Island
<br />(CITY)
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<br />Nebraska 68801
<br />(STATE & ZIP CODE)
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<br />TOGETHER witb all tbe improvements now or herearter erected on the property, and all easements, rights, appurtenances, r<mts
<br />(subject bowever to the rights and authorities given herein to Lender to collect and apply such rents), royaltieS, mineraI,oU and l!llS rights and
<br />profits, water. water rights. and water stock, and all fixtures now or hereafter attached to the property, all of which; including replacetuents~d
<br />additions thereto, snail be deemed to be and remain a part of the propeny covm:d by this Deed of Trust; and all of the foregoittg.togetberwhh
<br />said property (or the leasehold estate if this Deed of Trust is on a leasehold) ate berein referred to as ~be "Property";
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<br />(herein" Property Address");
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<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated NOIfp.mher ?::I, 1 !iA4
<br />(herein "Note"), in tMprincipal sum of FORTY THOUSAND AND NO!] 00-- ---------------h---~----------9olIars.
<br />with interest thereon. providing for monthly installtncnts of principal and imerest. with tbe balance of the indebtedness, if not sooner JIllk4 due
<br />and payable on December 1. 2009 " the payment olall other sums.
<br />with interest thereon, advan.:ed in accordan..-e herewith to protect the securit)' of this Deed of Trust; and the pcrfOl'tl1&i1ce of the covenants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances. with interest thereon. made to Borrower by Lender
<br />pursuani to paragraph 21 hereof (ha'"an HFutare Adv&.rrCcsH).
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<br />Borrower CO_IS that Borrower is lawfully seised of the estate hereby conveyed and has tbe right to grant and convey Ihe Property.
<br />that tbe Property is unencumbered, and that Borrower will warrant and defend generally the title to tbe Property againSt all claims and
<br />demands. subject to any declarations, easements or restrictions listed in a schedule of exceplions to coverage in any title insurance policy
<br />insuring Lender's interest in the Property,
<br />UNIFORM COVENANTS, Borrower and Lender covenant and agree as follows:
<br />I. ~ of PrlIIdpU ..lIIterest. Borrower shall promptly pay when due the principal of and interest on the indebtedDess evidenced
<br />by tlle Note, preJl&ymcnt and la!e charges as provided in the Note. and tbe principal of and interest on any Futute Advances secured by lhisDeeci
<br />of Tnast;
<br />1, ..... for T_.. 1_. Subjec.t ~o applicable law or to a wrillen waiver by Lender. Borrower sball pay to Lender on the day
<br />ltIOlllhlyiNtallmealS of principal and illterest are payable under the Note, untiltbe Note is paid in full, a sum (herein "Funds") <qtW 10 one.
<br />twdfth of the yearly tuaand _ ....hich may allain priority over tbis Deed of Trust. and ground rents on the Property, if any, plus one.
<br />twdfth of yearly premium imtalhnents for "-<I insuranccr. pi... one-twelftb of yearly pre!llium ins~aIlments for monaaae insUl'llllce. if any, all
<br />a:I ~y ~ itlitilIIly and from time to time by Lender on the buis of assessmenls and hills and reasonableatimatesthen.of,
<br />~ Funds sball be bcld In Ul institUtion tbe deposits or accOOOts of wbid> are insured 01' lluarantced by a Federal or stilte qell(:y (including
<br />lmder if l..cIld<< t. $l.i(:b anlmtitution)" Lender ..ball apply the Funds to pay said taxes. as_ents, insurance premiums and ground rents"
<br />Lmder .may. not char., for so IIoldiIll and app!)'illllhe Funds. analyzing said il<COUlJt or verifying and CMIpililli said assessments and bllh,
<br />~ Lendt!t pilYS 1Iotr_ mlCtl!llt on the Funds and applicable law permits Lender to make sucb a cbt!JC, Borrower and Lend.". may lIi"'" in
<br />writmlltitbetimeof CMCWiOlloftbis Deed Qf TrUll that ~on the Funds shall be paid to Bonower. aOO unleu such agreement i. made or
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