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TH1S DEED t~F TRIiST is made this ...... 7th ................... day of ..,7uly• • • • • • ~ • • ~ • • •
<br />19.&2.,amongtheTcustor, rharltss.W..Albright ................................................
<br />. Custer Federal Savings and Loan
<br />........................................... (hetem "Borrowtr'),...........................,..
<br />..A~SQc1at10A. 9~: Azzoken .Bow :.............................. . therein "Trustee"). and the BeneRciary,
<br />tJira 11~Braraka 1bri;gaga tinane» tttnA, Lincoln, llabraalta. .a.~QdY..c"~.1~t~F. dnd.......
<br />~QIFP.Q~$t@ ...................... . ................................. . organized and
<br />ex(sting under tl[e~l~~ °~ ..the, .State . a£ .Nebraska .................. .......... ,
<br />Street, Suite 101, Lincoln, Nebraska 68508
<br />whoa addressis........ ...................................................................
<br />...................................................................(herein'°lender").
<br />BORROWER. in consideration of the ittdeb[tdness herein mired and the trust herein crewed, irrevocably grants
<br />and conveys to Trustee, in trust, with poarr of sale, the following described propem located in the County of
<br />.:.......Ball ............................... Starr of Nebraska:
<br />Lo*_ Seventy-two (72), and the South Half (S~) of Lat Seventy-one (71),.of
<br />Buenavista Subdivision, to the City of Grand Island, Nebraska, of part of the
<br />NFNt of Section 22, Township 11 North, Range 9 west of the 6th P.M., Excepting
<br />therefrom a trar_t of land :Wore particularly 3escribed .in Warranty Deed recorded
<br />in Register of Deeds as Doc. i}'f8-007450.
<br />which hat tAe address of ... - .1044 South Vine Grand Island
<br />........ ILtiI ............. ...... .. :;h 1. .......... ,
<br />68801 .. .... [herein "Pea
<br />Nebraska .............. petty Addreu"?:
<br />(2y fiM)
<br />TocETMER with all the improvemenu now or hereafter erected on the property, and al] easements. rights,
<br />appurteoaaes and_renu (wbject however to the rights and authorities given herri^ to Lender tv collec[ and appl}• such
<br />teats), all of which shall be deemed :o be and remain a par[ of the property covered by this Deed of Trust: and all of
<br />the. foregoing. toq~ether with. said property (or the leasehold estate if this !)eed of Trust is on a leasehold) are
<br />hereioatter referred to as the "Property":
<br />TO SECURE to Lendertbe repayment of the indeb[cdness evidenced by Borrower's note aated.Jttly_ 7, _ 1982_ ..
<br />• • , . - . • ......................... .and extensions and renewals thereof therein "Note"). in [he principal sum. of
<br />U.$. S .~Q.,4QQ, 9P ................... .with interest thereon, providing for monthly installments of principal. and
<br />intttest, with the t}alaace of the indebtedness, if pot sooner paid. due and. parable on ... July. 1.. 19.9.7.. i~ Vic;' ~.~ . ;
<br />the payment of all other sums,. with interest therea~. advanced in accordance herewith to protect [he security of this
<br />Dsed of Trust: and-the performance of the covenants and agreements of Bor over herein contained.
<br />Borrower covenants that Borrower is iawftt]]y seised of the estate hereby conveyed and has [he right to grant and.
<br />convey the Property, and that tht Property is unencumbered, except for encumbrances of record. Borrower covenants
<br />that-Borrower-warrants attdwill defetd generally trx title to the Property against all claims and demands. subjaa to
<br />encumbrances of record.
<br />(:NiFORM COVEtvANTS- Borrower and Lender covenant and agree as follows:
<br />l..Ray~est of Peieelpal and. Luraat, Boaower shall promptly pa} when due the principal and interest
<br />indcbtednas evidenced by [he Note and late charges as provided in the Note.
<br />2. £rrda ~t Taxss aed ltraaraace. Subject *.o applicable law or a written waiver by :,ender. Borrower shall pay [c
<br />:.enritr-aut'the day monrltltpayments of principal and interest are payable under the Note. until the Norz is paid
<br />m fr)1. a sum (hett:n "Funds") equal [o ate-twelfth of the yeaziy taxes and assessments tincluding condatninium sstd
<br />planned unit development assessments. if any) which ma} strain priority over this L~e~ti oC ?-rust, and ground rents o^
<br />the. Propem. if any. plus one-twelfth vt yearly pr~nuum instailmenes for hazard insurance, plus occ-tw~eifth of !:earip
<br />p[emium instatlmcnts for mortgage insurance. if any. ulf as rca>vnably es¢mamd {a~tiall~ and Iron; tine r., [~mc' by
<br />Lender on the basis of assessments and hill and reasonable estimates thereat. Eiorm~.~~er mail ncrbe dbLgatcui to make
<br />such paymrrts of Funds to Lender to the extent that Borrower maces such payments u, the holder „ t a prior rr .,, kage ~.~r
<br />(d''e~e~d of trust if such holder is an iosrhu[ tonal lender.
<br />E tlldFi' -r9ttE ;MPROVfIt£Nt.~ p~g2
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