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<br />DEED OF TRUST 82 --~r; r; ~ t 6 Q
<br />1"HIS DEL-D OF TRUST is [Wade this ..........??na .............. daybf September
<br />19. P'.2., alSlong the Tcustor, .Robert. R.. ~IESSe.l ,~t}c~.{.}ntl~}, ;C., Hess,K~,, ~1?t?$1?'}PGl. ~P. w~-r.F-...........
<br />t ................ . .......................... therein "Borrower' ).. ~uSteF. r.~d~ral . SaV>-itffs. c~htl .
<br />Loan. Association of Broken Bow, Nebraska {hercin "Trustee"). and the Beneficiary.
<br />............................................
<br />thr: 1Mbraska lbrtgaga Finurw toad, Lincoln, Nabraaka, . a .$4dY..RO.lit~.>r. and...... .
<br />Corporate .... ............................:....................... organized and
<br />existing under the laws of ..thy .State . c1f . Nehrask3 .......................................... .
<br />whose addressis.. 1115 "K" Street, Suite 1G1, Lincoln, NF, 68508
<br />..........................................................
<br />...................................................................(herein "i.ender").
<br />BoRROwER. in considmrion of the indebtedness herein recited and the trust herein created. irrevocably grams
<br />and ~ronveys to Trtutce, m trust, with power of sale. the following described: property located in the County of
<br />xall ..:.............. ; • ...State of Nebraska:
<br />Lets Eight (8), and Ten (IO) in Block Nine {9), in Scarff's Addition
<br />to West Lawn, in the City of Grand Island,'Nebraslea
<br />which has the address of ...x3,11, d44rth.jd~dY>=tte .... . ............. : :..:..Grand. Island .
<br />lSfnw)' IGh I
<br />Nebraska ............ 688y1„ ... _ .... (herein-'"Property Address"):
<br />iL~ wrl
<br />TOGETHER with all the improvements now or hereaffer erected' on the propercy. and all easements. rig}tts,
<br />appurtrnancrs and rrnts (subject hoverer to the rights and auchtnities given-:herein to Leader to collect and apply such
<br />[ents), all of which shall be deemed to be and remain a part of the p~opercy covered by thts Deed of Trust; and all of
<br />[he foeegttirrg, together with said property for the leasehold estate if this. Deed of Trust is nn a leasehold) ate
<br />hereinafter referred to u the "Propem":
<br />To SECURE to Lendtt the repaymrnt of the indebtedness evidenced by Borrower's note dated.............. - .. .
<br />.. , . September 22, 1982 , ,and enensions and renewals thereof (herein "Nate '). in the.principal-sum of
<br />U.S. S 6, 700.00 ,with interest thereon. providing for monthly installments of pprinripal aad
<br />interest, wtth the balance of theiirdebtedness. if not soouer,paid. due and payable on . , actober, 1,; .1987... ;
<br />the. paymrnt of all other wms. with ititerat theteou. adva~ed in accordance herewith to proter[ the security of this
<br />Deed of Trust: and the-performance of thocovenants and'agrremcnts of Borrower hereincontained.
<br />Borrower covenants that Borrowerrs tawfully seised of the estate hereby cromeyed and has the::. right to grant and
<br />convey the Property, and that the Property is unencumbered, except for encumbrances of record. SoiTOwer covenants
<br />chat BaTOwtr warrants and will defend generally the title to the Prcperty against ail claims and demands. subject,to
<br />encumbrances of record:
<br />UnIFORN COVENarrrS. Borrower and Lrndercovenant and agree as follows:
<br />1. Pa!sa~r of ~Pss eras Lscaeast. Borrower shall promp[ly pay when due the principal and interest
<br />indebtedness evidenced by the Note and fatechatges as provided in the Note.
<br />2. Frady for Taiw asd laatrraocr:. SubieM to applicable-law or a-written waiver by Lender. Borrower shal}pay to ,
<br />Gender on the dap monthly payments of principal and interest are<payable under ehe ,Note. until+the Note is paid
<br />in fulh a sum (hcrcin "Funds") equal co one-twt)ffh of the yearly taxes and assessments {including condominium and
<br />planned unit devdopcnent assessments, if any) which may attain priority-over this Deed of Trust, and groundrtents on
<br />the Property, if any. plus one-twelfth of yearly premium installments for hazard insurance! pins or.'e-tweltth'of yearly
<br />premium installments for mortgage Insurance. if any, ail as reasonably esnmaied initially and tram time to time by
<br />Lender on [he Isasis of assessments and bills and reasenableestimates`ihereof. Borrower -,hall not be obligated ce make
<br />such payments of Funds [o Lender to the extent that Borrower tnakessu6b paymrnts [o [he tzolder crf a, error mot. gageor
<br />deed of trust if such h°olde-r is a-n m+sr~ttatioiral ktnder.
<br />alle!.-MOMEIMPROYEMEMT- E~j~$2 j
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