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REED OE TR~i3ST
<br />~2 ~~~~~
<br />..day of ...... ,
<br />THIS DEED OF TRUST is made this .......... ,15th 5 ~ptetnber
<br />r Fio Daniel _ W. F3ceb:Zer, .~nd,Mar, . E,., Huebner,, }.,us~~nd. 3nd_ wife, , , , , , , . .
<br />19 .. `. ,among the Trusior. -
<br />(hercin "Borrower")..Custer Federal .Savings, , . , , ,
<br />and 1~an Associatieri of Broker_ Bow, Nebraska , , (heron "Trustee"), and the Beneficiary,
<br />..................................
<br />thti tlt~brask• Mertgag~ Hnanc~ Turd, Lint;aln, l~braaka, . ~ .k4dY..Rol~tj.~, and...... .
<br />~RrP.o~~te ......................................................... organized aad
<br />cxistingundttthelavsof ..the..State.af.Nehrdskd ...........................................
<br />whoseaddressis..... .115."~' StT~e~.,.Suite.iQ>.:.(,~ncol,,,,t1E,EBSQt3,
<br />.......................
<br />............................................................. (herein "Lender'").
<br />BORROWER. in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br />and comet's to Trutee, in vast, with powec,'of sale. the following described property located itt the County of
<br />. ,Hall. • ... - , State of Nebraska:
<br />Lot°Three {3T.in Block Six :6) in F.ussel S4heeler's Addition
<br />to tYle'City of Grani3 Ssland,Ha11 Courtp, Nebraska
<br />111 West 4th °Grand Island
<br />which has the addtrxs of ..' ........................................ . ...... ..'................... .
<br />Is+~i !Ohl
<br />Nebraska ....... 6881 . .............. (herein "Property ~ddrcss"):
<br />i~u ra..l
<br />TocL'iHER with all the improvcmenu now or hereafttt erected on the proper[}. and all easements. righu.
<br />appurtenances alsd terra isubject however to the righu and auehorities given herein to Lender to collect and apply such
<br />reau), all of vhictt shall be dceated to be and remain a pan of the property covered by this Deed at Trust; and all of
<br />the foregoioQ, together with said propcm (or the leasehold atau if [his Deed of Trust is on a leasehold) are
<br />htteinafttt referred to as the "Ptropem":
<br />TO SECURE co I.endet the repaymtnc of tht indebtedness evidenced by Borrower's note dated..$egtErn~er, 15,. ,
<br />.......'-.9$~ ..................... and eztenuons and renewals therroi (herein "Vote"). in the principal sum of
<br />U.S. Sl.~l,.~~$ •.QQ .................... .with interest thereon, providing for monthly installments of rincipal and
<br />Octotn.r 1, 1997
<br />interest, with the balance of the indebtedness, if no[ sooner paid, due and payable on .......................... .
<br />the payment of all other sums, with interest thereon. advanced in accordance herewith to protect the security of this
<br />Deed of Trust; and the performance of the rovenanu and agreements of Borrower herein contained.
<br />Borrower covenanu that Borrower is lawfiully seised of the estate hereby conveyed and has the right to grant and
<br />convey the Fropertr, and [hat the. Yropeny is unencumbered. except for enctumbrances of record. Borrower covenants
<br />that Borrower warrants and will defend generally the title to the Property against all claims and demands. subject to
<br />encumbrances of record.
<br />U':IFORN COVFI:A.~TS. 9orrower and Lender covenant and agree as follows:
<br />1. Payment of Ptisctpd and lateeeat. Borrower shad promptly nay when due the principal and interest
<br />indebtedness evidenced by the Note and Tate charges as provided in the Note.
<br />2. Funds.for Tea and lasanoce. Subject to applicable law or a written waiver by Ler;der. Borrower shah pay to
<br />_ Lender on the day monthly payments of principal and interest are payable under the Vote. until the .'vote is paid
<br />in full, a sum (herein "Funds") equal to one-twelfth of the yearly taxes and assessments (includin¢ cordomiriuat and
<br />planned ones development assessments, if any) which may attain priority over rhis Deed of Trust, and ground rents. on
<br />the Froperty. ]f any, plus one-twelfth of yearly premium insta;lmcnts for hazard insurance, p}us or.e~tw'eii:h of vcariy-
<br />premium installments for mortgage ;raurance, if ant. si! as reas.,nably rsmm~ted ini,iailc snd t;one rime [o. rimeby.
<br />Lender on the basis of assessments and bills and rrascnabte esr.mnres therrnt. F3o:?c, er shall n >r be oMi:~atcd tamake
<br />such payments of i;unds in Lender to the: ~s*_err [hat BOrroa'rr r.:al:asSUCh ga}`n~an°, c °.itnholdec~:~Yn pr.nr ,~ trz~agetic
<br />deed of [.rust ~ri such bolder s :en :n,titunonal lender-
<br />tiAT! -n,Mf:VPRt]s(MEMP- r/'62
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