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<br />DEED OF TRUST 82..-~~04902
<br />THIS DEED OF TRUST is made this ....... 1 at .................. day of ..... Novesalaer........... ,
<br />t9.$Z ..,among the Trustor,DPUglas A_ .Raclin. and. Lors;i..L _ .Sael in, . Busband and .Wife..........
<br />................ . ........................... therein "Borrower")...Custer . Ft:deral. Savings .and.
<br />IA.Bg.~54Cr~I~PAA~.At:4ke>3.Sow ............................. (herein'7rustee").andtheBeneficiary.
<br />the lfiibsaaka Mortgage lfnaaw land, Lincoln, etabraaka, . a . t?RdY..Ro.7~ ~F. and...... .
<br />C4?Fi~~~~ ......... .. ... .......... ....... organized and
<br />pxistiag under the taws of tha State tzf . NeYlraska .......................................... .
<br />whose address is...11).5, "IC", §treet;> . Sui>ig, ZQ)., , , , . „ . .
<br />............... Lincoln, ,Nebraska, 68,509............................ (herein "Lender").
<br />HORRUwER. in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br />- and conveys to Trus~~ln trust. with power of sale. tfie following described property located in the County of
<br />............ . ................................ State of Nebraska:
<br />The Northerly Fifty-four (54) Feet of Lot Six
<br />(6), in Block Six (6), in ]tassel Wheeler's Addition
<br />to the City of Grand. Island, hall County, Nebraska,.
<br />subject to easements and restrictions of record.
<br />which has the address of ..$11.N4xth. hnCl[.§t, ,S.tXeet, ............... . .Grand, Island :.: • , • , , • _ . , • .
<br />tst~l (aql
<br />Nebraska..,68801 ...................(herein "Property Address");
<br />ILOCaael - - - -
<br />TOGETkER with all the improvemenu now or hereafter erected on the property. and- all easements. rights.
<br />appurtenances and rena (subject however to the rights and authoriries given herein to Lender to collect and apply such
<br />rents), all of which shalt be deemed to be and remain a part of the property covered by this Deed of Trust: and all-of
<br />the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold} ace.
<br />hereinafter referred to as the `'Property":
<br />To SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated.. NQye3gl;Qr. , , , , , .
<br />.1, . - • .1982. . .....................and extensions and renewals thereof (herein"Note"), is the principal sum of
<br />U:S.,5,1, 90a.AA ..................... .with interest thereon, providing for monthly installments of principal and
<br />interest, witltthe-balance ofthe indebtedness, ifnot sooner paid, due and payable on ... k1ov.Qutbex:l, . k9$5.:.... ;
<br />the pavmrnt oBaU other-sums. with interest therea.. advanced in accordance herewith to protect the security of this
<br />Deed of Trust: aad_the performance of the covenants and agreements of Bonowerherein contained..
<br />Borrower covenants that Borrower is IawtuBy seised of the estate hereby conveyed and has rite right to grant and
<br />convey-the Properiyc and- that the Propemr is unencumbered, except for encumbrances of record. Borrower covenants
<br />tha[ Borrower warrants and will defettd genersUy the tide to the Property against alt claims and demands: subject to
<br />encum6ranees of record:
<br />UNtFQRCk COVENANTS. Borrower and Leader covenant and agree as follows: - -- -
<br />1. 1y41'~R of !k{nclpel and InteceaG Borrower shall- promptly pay when dut the principal and interest
<br />irx_kbtednbsseriden~~Ix1 by the Nora and late charges as provided in the-Note:
<br />2. )QtaadiF 'faaea-and lewntrra, Subjectao appiicab{e law or a written waiver by Gender, Borrowershatl pay to
<br />Lander on the dity monthly-,payments of ptittcipal end interest are payab[c under the Nate, until the Note is paid
<br />in TuII. s;atnn Ihai'eia "Funds")-equal to one-twelfth oY'the yearly taxes-and assessments fineluding . ,dominium and
<br />plantard uttlt derelepment as;axsments: if any) w}tieh-may attain. priority over this teed of-Trust. and ground rents on
<br />ttie Ptop~rrty. if enY. )this one•twetRh of year{Y prettilum i€istalltneots for-hazard iitsu[ance: plus ot,e•twelfth of yearly
<br />precrtium itrstal)memts f~ mortgage insurance. if any. all as reasonably estimated iaitialty and from time, to time by
<br />Giadn on the bask of assessments and buts and reasoitabte esf#mates thareot'. Borrower shall no*. ~ nbliguted to make
<br />suele paytfaetttsa# Fonds to Grader r4ttsteatent €hat Borrower rnukes sttsti nac2ttrnts ti the hoictrrasf a prior mongagene
<br />dcfld of %ruu if smell-Iwtdcr h ati institutional leader.
<br />....--~......+......,.w
<br />-~wNl~tt- 6182 7
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