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<br />DEAD OF TRUST ;~ ~ri~ 3 Q 5
<br />82
<br />7~~1S DEED OF TRUST a made thts .. , , 30th . , da9 of ,Tune
<br />BS Mark J. M:sltrt~r and Ktm Helmer, HUS"band and tPfe _
<br />14 .... , among the Truster . ........ ..... .. . .
<br />~~ Custe3 F~derai avangs
<br />.................... .. ihcrem'.Borrower' )........ .. ....
<br />and Lean Association oP Broken-Bow t.
<br />............. .. ................... . ... ...... therein "Trustee", and the Beneficiary.
<br />the li~braak• tbrtgaga Finanoa Fund, Lincoln, Nabraaka, .o.t24dY..;/tolj.tj~, dnd.......
<br />co~pq;~tq ........................................................ . organized and
<br />existing under the laws of ..the..State . ctf . Nebraska ................:......... . ............... .
<br />1115 h Street, Suite 101, Lincoln, Nebraska -68508
<br />whose address is ..............................................................................
<br />............................................................:.1.',.therain,"Lender").
<br />BortizowEre. in co~sidmtion of the irdebtedness herein recited and the trust herein created, irrevocably grants
<br />and conveys t H~~tstee, in trust. with power of sate, the foiltwing .described property itxaIed in the County of
<br />...............................State of Nebraska:
<br />Lot Five (5), Aleck Four (4) Olcle Mill;Subdiosian to Grand Island, Ha l1 County,
<br />Nebraska.
<br />which has the address of . , ?527 Stagecoach .Fond Grand Island
<br />^kbraska ....68801 (herein "Property Address"1:
<br />.mom
<br />TuGt-CHER with all the improvements now or horeaf[n erected on thr eropert}, and all easements, nghts.
<br />appurtenances and rents lsub;'ect however to the rights and au[horitics given heroin to bender to collect and apply such
<br />rcnW, all of which shall be deemed to be and remain a part ,f the property rovered by this Decd of Trust; and all of
<br />[he foregoing. together with said prx,peny for the ]casehold csute ii this Deed of i'rust is on a leasehold) are
<br />hereinafter referred to u the "Property":
<br />TO SfiCC6RE to Lettder the reoay~tunt of the indebtedness evidenced by Booower's ncte dated... "June s0 , 1982
<br />......... ... .. .. . . attd extensions and renewals thereof therein ' Vate"). ir. the pnnctpai sum of
<br />U.S.. S , , 5, 750.00 with interest thereon, rovidin tar monthly i stal met crew al and:
<br />interest, wtth the balance of the indebtedness. if not sconce paid. due and payab{e on .... JuR y ~' ~ ~~~ p p
<br />[he payment of all ocher sums, with interest thereat.. advanced in accordance hrcewith [v prottet the security elf this
<br />Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained.
<br />Borrower covenants .hat Borrower is ;aw¢ulh wised of the estate hereby conveyed and !tas the: righr to gramand'
<br />Gamey the Property. and that the Property is unencumbered. except for encumbrances of reeved: Bbrrawer covenants
<br />that Borrower warrants and will defertd generally the title to tlu Property agairuc all claims and. demands, subject ;a
<br />encumbnnccs of record.
<br />l; *11FORM CUES: ANTS. 9orrower and Lender coven ant and agree as follows:
<br />t. Part~ent o[ Principal sad [ataeeft. Borrower shall promptly pay when due the prncipal and interest
<br />indebtedness evidenced by the Mott and lace chargcK as pcovidtd in the dote.
<br />1. Ftode for Taxes and Fwturance. Sub,ect w applicable law ar a written waiver hg lender. Borrower shell pay to
<br />Lender nn the day monthly pa}nnents of principal and interest are payable under the vote. urail the .ti'ote is raid
<br />in fulh alum therein "Funds") equal to ore-twelfth itf the yearly *,axes and asses'smen`s iincluding ~ondominSum and
<br />planned unit development ,ececsmtnts, if any! which Wray attain pnerzn~ o~cr this Decd of Trust, and Ground rents ~m
<br />the Propene. ±f any. plus one-twelfth of yearly premium installments ti:r hazard ir..uraoce. niu9 or.,•-nvrlRh of ccarf}~.
<br />premium installments for mortgage !nsurarce. it enc. all as eeasnrtaha ?stintateo in~ual3~ end iron nmr io tfine by
<br />Lender on the basis of asscssmcats Ind i~ilJS and reasonacie estimarez •h?rent &.rrt~~~ur ~h.a]+t».7i he •bii.?a[r:.+ ni make
<br />such paymcnes otFunds to (.~ndcr n: [ire estrnt that &urrouer makri r,u:h pacm<n~, ~,~ •.c h~~,dcr .t rj+;vm s~ •r~~., ~.iTp
<br />Acrd of trust tfsucn holder is an !nstinnionai !ender.
<br />NMPF -~uE ~kgSOYEMFYI- b j 82
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