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I?EED ~F TRUST X2'°4 ~ ~, ~ ~ 3 ,~ T7'HIS DEED OF TRUST is made this .......... 16 ~h .............. day of SPP''P~°?~F 82 Robert R. Hessal and Linda K. Hessel., husband and wifer 19..... among the Trustor. .. .... ... ...... .. ...... ... . ..... (herein "Borrower"), Custer Federal Savings and ~htian ~ association •o~ ~Broken~ Bow; Nebraska .. _ , . _ (herein "Trustee"), and the Beneficiary. ...................................................... tl-a 1lebratska tbrtgaga linanoa load, Lincola, tiecraska, . d .Tt4dY..Ro,1~t~F, drzd...... . ~'ttFP.4~a t~ ........................................................ . organized and eziuiag under the laws of ..the .StaEtC. 4f .Nebraska. _ ....................................... . 1115 "K" Street, Suite 101, Lincoln, NE 68502 whose address is ........................................................ ..................................................................(hettin "Lender"). BORROWER. in coasideruion of the indebtedness herein recited and the trust herein created, irrtvocabty grants and conveys to TrustH~in trust, with power of sale. the following described property located in tht County of ............................................ State of Nebraska: Lots Sight !8), and Ten {10) in Block Nine (5), it Scarff's Addition to West Latin, in the City of Grand Island, Nebraska which has the address of .....~~~~.?~?th, la:aye~te • , .. _ ... Grand Island .................. ill 1u71 Nebruka .........6880.1 ............. {herein "Property Address"); Ry or I TOGETHER with all the imprmerteaa now or hereafter trecttd on the propertv, and al] easements. rights. appurtenances and tents (subject however to the righa and authorities given herein [o Lender tc collect and apply such reaul, all. of which shall be deemed to be and remain a part of [he property covered by this Deed of Trust: and all of the fottgoity, together with said propem for the leasehold estate if this Decd of Trust is on a leasrhold) are hereinafter ttferred to u the "Property"; TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated. Septetntae>; .16 .. . • ~ • • - ~ • • • • .1982 . .............and extensions and ttnewals thereof thrrein "Vote"), in the principal sum of U.S. S .6r666.SD ................ . ....with mtertest thereon, providing for monthly installments of Principal and interest. with the balnace of the itndebtedness. if not sooner paid. due and payable on ... ~Jctober 1, 1587 ' the payment of all other wins. with interest thereat,. advanced in accordance F,erewith to protect the seczrity of this Deed of Trust: and the performance of the covenants and agreements of Borrower herein contained. Borrower covenants that Borrower is lawfully seised of the estate hettby conveyed and has the right to grant and convey the Property, and that the Property is unencumbered, except for encumbrances of record. borrower covenants that Borrower watxanu and will defend gerarally the title to [fie Property against ail claims and demands, subject to encumbrances of record. UNIFQRM CoLEti,svrs. Borrower and Lrndtr covenant and agree as follows: 1. layteeat of Prl~dpal aid Iateeest. Borrower shall promptly pay when due [fie principal and .merest indebtedness evidenecdby the Note and Tate charges as provided in the Note. 2. Ftsrii tie Tow and Lttsaraaw, Subject to applicable law or a written waiver by Lender. Borrower shall pay eo Lender on the day monttly payments of principal and interest arc payable under the Note. until the :yore is paid ' in full, a surd (hereto "Funds" 3 equal to one-[wefth of the nearly tuts and assessments sincluding condominium and planned rani[ dcvclopment assessments, if any) which may attain priority over this Deed of TrttSt, and ground rents or. the Property, if any, plus orK-twelfth of yearl;~ premium installments for hazard insuranee, plan or.mtwelfth of ..°early premium installments for mortgage insurance. if any. al•. as reasonably estimated initially and tirom fine to ems by Lender on the basis of assessments and bills and reasonsblr estimates thrreo!'. BorrnHer v~,tlt not br ~bligated[orr:ake surwh pa}~r;ents vtt Fundstr> Lender to tht e:ctent that Borrower makes Such pa~-mrnts to tht holder ot:i lrior mort~agear .decd of crust if such heSdcr is an instttutionai lender- r"'~' 1 ritlF -~dMf. ~i1PrttTV£MEsY- 6/82