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<br />$2--~)U4456
<br />DEED QF TRUST
<br />T_HiS DEED LiF TRUST is made this ist day of ~tob~'
<br />i4 82 ,among the Trustor, 1?~S (S}RPORATZCPi OF its AP'~ERICAS, a Id ras
<br />(herein "Borrawer"),
<br />- Jpg-- , attorney-at- (herein "Trustee"), and
<br />the Seneficiarv, _ FIRST -FEDERAL SA1'IiiG5 ,1YD LOAN AS50CIATI0:1 OF LIVCOL[S
<br />a corporation organized and existing under the laws of the United States of America, whose
<br />address is 1235 N Street, Lincoln, ebraska 6$508 (herein "Lender").
<br />Borrawer,. in consideration of the indebtedness herein recited aad the trust herein
<br />created, irrevocably grants aad conveys to Trustee, in trust, with power of sale, the
<br />foiiobring-described property located 3n the County of fi21I State
<br />of 2ebraska:
<br />A tract of ].and c~rising all of tats One (1), '?~.~ (2}, three (3),
<br />Four C4} , Seven (7) , and Eight (8) , Blacit Fifteen (15) , iiemoha¢i and
<br />Deckers Adtiitian; and all of Lots 1F,~ (~) , Ttuee (3) , Four {4) , Six
<br />(6) > Seven (~ , Eight (8) .:dine (4) > and men (lfl) , Block Ttao (2) ,
<br />Charles "vasmer's :.dditim, all in the City of Chand Island, Ball
<br />Cotxlty, Vetiraska
<br />which has the ;address of _ 1811 :~iest 2nd Street Grand Island, Nebraska
<br />(herein "Property Address");
<br />TQGT;TFiER {:iTF3 all i:aprovements now .~r i,erea!ter ,:rectcc: cn the property, and all.
<br />easements, rights, appurtenances, rents (subject, hoc*evar, to the rights and authorities
<br />given herein to Gender to collect and apply such rents), rayaiCies, .nineral, oil and gas
<br />rights and profits, water. water rights, and water stock, and <sll Fixtures now ur
<br />hereafter attached to the property, alI of hhicia, including replacements and additions
<br />thereto, shall be deecee:; to he and rzaain a part of the property covered by this Deed of
<br />Trust; and ail of the foregoing, together with said property (ax the leasehold estate if
<br />this {wed ~€ :'rust is :,n :a leasc::aald) .,re herei;a referrc~zi to as the "Property"; _
<br />Tt? SECURE to Lender the repayment cxf the i^.debtedness evidenced by 23arrower's note
<br />dated of even date ierewith (herein `:ware")> in the arin.,ipal su!e of ':Tim 1ItIi!?F~ID
<br />SEL'Ev'TY i1'fk~AC L, axui K3/ 1()O_________________.a._._._.~ ?Tc~113rs ($ , -_____- )
<br />with interest thereon, pravl.ding or -s~nthlc lnst3ixents ai principal and late-rest, with
<br />the balance at' the indebtedness, if not sc,uner ,,aid, due and payable on
<br />:1a>+ 1, 1997 _ the p;r~~nt of <,ll sums, with interest thereon.
<br />advanced in accordance herewith to prcteG't t,>e sae~arrity ai this :>zed of 'trust; and the
<br />pmmrfocmance of the- coveaants ;aad agrc-.tweets ~=t nurr~,wrr hrrei,n .:ontainud.
<br />Burrower ::onvenauts tiwt s?arruver is iawfu.ly seized a the estate hereby conveyed and
<br />has the right to grant and convey t2:e Pn>perty, tiTat the iroperty i.s unencumbured, and that
<br />Borrawer will warrant :and defend generally the titles to the Property against all claims and
<br />demaads, subject to auy declarations, ease~nrs er restractions listed in a schedule of
<br />exceptions to coveraKa in any title insurance policy insuring Lender's interest in the
<br />Property.
<br />i,'NIFURH ChitE.*ti;?IYS. Borrower and ?ender cuvcc:a:tt acid agree as follows:
<br />1. PAYRE~,1T clF YRL`xaPAL A."aJ' ??tTE2ES'E`. graver siaail promptly pay wizen due the
<br />principal of aad interest :m the ittd~bC~ain+ezita evidenc.~i by the irate, prepayment an=t
<br />late chsr£tes as arovided in the \ot,e.
<br />2, FSi ?'OH '~L~E$ ..-L9lJ tiltuR:iii.. Sub~e+:t: to appl.ic.ahle law ear Ca a wrcitten
<br />velvet by Leadmmr, Sorruwar aitall p;a)e t.t, l:endtzr an the: day :aimthly installen~ ~>< .,i
<br />_ priacipa3 aad interest are payable under the :a,te, unCii thr ;".arts. i.s paid +ll,
<br />a arnR (hmmrain "Funds'"1 rgss:3l to una-t waifth ai the: vearl) taxes and :ts~+e&tz&it~:~ts which
<br />may a~taln priar'iCy ovmmr this i~arai c+t Trot, .asaa Y.rc:und rents ac: thhs* , toparty, it any,
<br />pltas one-twelfth of yearly prevxium inntallmnntq far ha3aril Insurance , <:ll c++ ~E+aa~:scizrhty
<br />esCLeated Initially and frow tlme t.. timmc by 't:ssnder ar: khe Saris cif :~°ys*sments ,and
<br />bi7:ie and reaaonmmbte t:stimstes thare:o3.
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