|
r
<br />DEED OF TRUSTI g2 ...s3 G ~ ~'7 8
<br />TffiS DEED OF TRUST is made this .........19th .............. day of .... Novetttber ........... ,
<br />19..82 ,among the Trustor. Gregory A.. ,Menke, and, Ronda A., Manka
<br />....................................
<br />.................. (herein "Borrower"). Ct?ster, Federal, Savings , &, , , ,
<br />..........................
<br />Loan Association of Broken Bow, .Nebraska , , , , , , , , , , , , , , , , , ~~~ •'Trustee"}. and the 8eneficrary.
<br />..
<br />...........
<br />the ~bradiea uortgaga linana rand. Lincoln, >gwbzaaka, .3.ttRdY..Ro~t~-F. dACi...... .
<br />cq~.'pq>~'ate ...................... . ................................... organized and
<br />ezisting under the laws of ..thy .State . o+f . Nebraska .......................................... .
<br />whose addressis...~~-l~. "~,• .street..Su~te. )-PJ-~. Tt?+t~4~:ns .r:~.6~~9e ..................:.........
<br />......:.....................................:...................... (herein "Lender").
<br />BoRROwER. fn CoasidC[ation of the indebtedness herein mired and the trust herein created, irrevocably grants
<br />and rnmeys [o Trustte, in trust, with power of sale. the following described property located in the County of
<br />...............Hall ........................ State of Nebraska:
<br />The South Half of the East Half (SSE§) of Lot Four (4}, in Vantine's
<br />Subdivision, of the Northwest Quarter (NWri) of Section Twenty-Two (22),
<br />Township Eleven (11) North, Range Nine (9), West of the 6th P.M., in Hall
<br />County, Nebraska.
<br />which has the address of .... ,1028 South Pine Grand Island
<br />Isteetl If~trl
<br />Nebraska .........68801 ............. (herein "Property Address");
<br />- [2io tudel -
<br />TOCETHER with all the improvements now or hereafter emted on the property, and all easements, rights,
<br />appurtenances and tens (subject however to the rights and authorities given herein to Lender to collect and-apply such
<br />rents), all of which shall 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 [he leasehold estate if this Deed of Trust is on a leasehold) are
<br />hereinafter referred to as the "Property";
<br />To SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated....., :......... .
<br />tlQyember 19,..1982. _ ... , . , . , , ,and extensions and renewals thereof therein "Note"), in fhe principal sum of
<br />U.S, s . 3.000. AA .................... ..with interest thereon, providing for monthly installmenu of principal and
<br />interest, with the balance of the indebtedness, if not soonerpaid, due and payable on .... December 1, 1989
<br />the payment of al( other sums, with interest thereon, advanced in accordance herewith to protect the security of this
<br />Deed of Trust; and the performance of the rnvenants and agreements of Bonower herein contained.
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />convey the Property. and that the Property is unencumbered, except for encumbrances of word. Borrower srovenants
<br />that Borrower waraanu and will dbfend generally the title to the Property against all claims and demands, subject to
<br />encumbrances of morel.
<br />UIVIFQRM COVENANTS, Borrower and Lender rnvenaztrand agree as follows: -
<br />1. Payment of Prhrciprtl and Interest. Borrower, shall promptly -pay when due the principal and interest
<br />indebtedness evidenced b9 the Note and late charges as provided in the Note..
<br />2. Frdrris far Taxesaad laanran~~e. Subject to applicable law or a written waiver by Lender, Bortower shall pay to
<br />Grader on the day monthly payments of principal and interest are payable under the Note, until the Note is paid
<br />in fu1L a;strm (herein "Funds") equal to one-twelfth of the vearlytaxes and assessments (including , ~ominium and
<br />planned unirdedelopmeat assessments. if any) which may attain prioritp over this Deed of Trust, and ground rents on
<br />the Properly, If any, plus one-twelfth of yearly premium installments far hazard insurance, plus or.r-twe)fth of yearly
<br />premium installments for mortgage insurance, if any. all as reasonably estimated initially and from time to rime by
<br />Lender on the basis aE assrssments and brlls and reasonable estimates thereof. Borrower ahal! nor he obligated n> make
<br />such paymenic of Funds to Lender to the extent the[ Borrower makes-such }±zyments to the holder of a prior mortgage or
<br />died of trust if such hokfer is an institutional under:
<br />wits' -taw[ +nntgtt~trt- 6 f 82
<br />
|