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<br />DEED QF TRUST <br />T~i1S DEED OF TRUST is made thts : 28th , .:..... dagof ... JuIY: ...: , : , <br />8 Robert G Kremer & Merra:l, X;~;s}gx..$pSY>and, &: viii;e .... , <br />19 ... among the Trustor • • • • • • - <br />..:.......... . ...... (herein °'Borrower"). 4°ttster .Federal, Savings .and. . <br />haari -association of Broken Bow , , , , , :: , ; (herein."Trustee"), and the Beneficiary, <br />t2ta tUbranlea Nortgasye Ffnanw 1*tmd, Lini~ln, Nt~brataka, . ~ .t?~1dY• .Po3-.lt~>r: c"tiid...... : <br />cQrP.o~'i} to .............::. _ .....:':..:..::::....:...'.. , .:.....:.... , organized sad <br />existing undnthe laws of ..the.'-.State': t7if".NP.,br3S3Cd :.......:...: . ....:.:.........:.:....:...: . <br />whose address is ..1115 "K" S;treet....$1i.t;'@ .101E . L1RfiA1.XL.. NE :6$508:::....... ........:......... . <br />BC~RROwER, in consideration of the indebtedness herein recitt:d and the trust fierein: created, irrevocably grants <br />and conveys co Trustee, in trust,' with power of sale,' the following described' property located in he Codnty bf <br />............Hall .......:'..... - - - .:..:. , .... , State of Nebraska; <br />The ,1. 85 Feet of` Lot One(1)c Fractional` Block'Thirteen (13T'Russe]: Wheeler's <br />addition and its Ctxnplement Fractional Lot one (1) in fractional Block- <br />one hundred-forty{140) Union Pacific"Railway Company's second addition <br />to the City of Grand Island:, Aall`County, Nebraska. <br />.which has the address of ......::123. 1st .10th . . ...:..:.....:...... ....Gzand"_ Z Bland...... - .:: . <br />Istiwil [c+ni <br />Nebraska .......66801 . . .... . . . : ... (herein "Property Address")i <br />',Ln :aael _. <br />TocerHER with all the improvemenn now or hereafter erected on; the property, and all .easements. rights, <br />appurtenances and tents (subject however [o the rights :.nd authorities given herein to Lender co collect and apply uch <br />rents), all of which shall be deemed *.o 'rx and remain a pare of the property covered by thin Deed of Trust; and atl of <br />the foregoing, together with said properry for the leasehold estate if 3his Deed of Taut is o^ a ?easehold),are <br />hercmaftcr referred to as the "Property", <br />To SECURE to Leader [he repayment of the indebtedness evidenced by BorrowcrS note, dared ;Ju' p 23 , 1982 <br />...... : ..:..... . ... sad extensions and renewals thereof (herein 'Note"). in the principal sum of <br />L.S. S -14, X00.110 ... . ...... . ..... . . .with int>rest thereon, providing for monthly installtnents of princtpal and <br />Au st 1 1997. , <br />interest. with the oalance of the indebtedness, if not sooner paid, due and payable on ... ~ ..:. ! ........ .....: ; . , <br />the payment of all otherspns, with interest 3hereot,, advanced in accordance herewith to protect the security of this <br />Deed of Trust and the performance ofthecovenaatsand agreements of Bonower herein contained. <br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right 20 grant: and <br />convey the Propery, and'that the Property is;unencurnbered; except forencumbrances of record. borrower covenants- <br />that Borrowerwarrants, artd will defend generally the title to the Properly against ah.claims and demands, subject co <br />encumbrances of record. <br />CMFORM Co~s~nNrs Borrower and bender covenant and aga~ee as follows:. : <br />1. P~ye~a-t of Ptincip~l and Iateedt.. Borrower shall promptly oay when.: due: the principal; and interest <br />indebtedness evidenced b7 the Note and {ate charges as provided in the Note. <br />{ 2. Fuoda for Ta:a and Jnuraoee. Subject co applicable law o~ a u ricten waiver by lxnder, Borrower shall-pay zo <br />L. Lender on the da} monthly payments of principal and interest are payable under: he Note. until the:.Note is paid <br />in f~ih a sum (herein "Funds"l equal to one-twelfth of :he yearly taxes and assessments (including condominium and <br />planned unit development assessmeras, if anyLwhich may attainptioriry-over this Deed ot` Trust, and. ground rents on <br />[ite Propem, if any, plus one-twelfth of yearly premium installrnenzs for hazard insurance, plus oar-twelfth, of nearly <br />premium instal!mencs tioc mortgage insurance. if any, ail as reasonably estimated initially and. from time to time. by <br />Lender on the basis of assessments andn.tks:ahd reasanableestimates thereor. ~Bar3ower shall nut be obligated ro make <br />suchpaymen[sntFundstoLendertotheextentthat:Borrowermakessuch:paymentsti~,tnc~'tlderotal;riarmcrrtuagenr <br />deed cf trust if such holder is an en~itutionnilendrr. <br />I+letPg --~crEuavatlvtMtHt- 682 <br />