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<br /> DEED OF TRUST
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<br /> THIS DEED OF TRUST is made this h dwh, of
<br /> 1`9 84 among theTrustor, JOIE R. MO0R~ti5 sR. ANq_ JEANELE- ,E,-ZA
<br /> (herein•Borr(Wert AREND R BAACK attorney
<br /> (herein "Trustee-), and the Beneficiary. HOME FEDERAL SkIrINGS A LOAN ASSOCIATION OF GRAND I'LAND NE
<br /> a corporation organized and existing under tine laws of NEBRASKA ,_whosc address tis 221 SOUTH LOCUST. PLO. BOX 1009,
<br /> _ GRAND ISLAND) NE 6~4'i2 (bercin Lcrxkr-)
<br /> • EK)RRONYER, in consideration of the indebtedness herein recited and the trust herein created. irrevo%--bly grants and cranveys to Trustee,
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<br /> in trust, with power of sale, the following described property located in the County of H AU
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<br /> State of Nebrasira: q
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<br /> LOT THIRTEEN (13), IN BLOCK THREE (3), IN LAKE DAVIS ACRES SUBDIVISION, IN HALL Cl7UN1'Y,
<br /> NEBRASKA
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<br /> which has theaddrexsol~ 822 S. Gunbarrel Cc-an Island
<br /> (STREET) (CIT',fl
<br /> Nebraska 68861 herein "Property Address");
<br /> (STATE & ZIP CODE)
<br /> TOGETHER with all the improvements now or hereafter erected on the property. and all casements. rights, appurtenances, rents
<br /> (subject however to the rights and authorities given herein to Lends to collect and apply such rents), royalties, mii3cral, oil and gas rights and
<br /> profits, water, water rights, and water stock, and all fixturra now or hereafter attached to the property, all of which, including replacements and
<br /> additions thereto, shall be deemed to be and remain it par: of the property covered by this Deed of Trust: and all of the foregoing, together with
<br /> said property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property";
<br /> TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated Jantla rY 16 „]..~Q4 - - -
<br /> FIFTY THOUSAND AND NO/106--------------------•.~.------___ .Dollars,
<br /> (herein "Note"), in the principal sum of
<br /> with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br /> and payable on February 1,2014 ; the payment of all other sums,
<br /> with interest thereon, advanced is accordimce herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br /> agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br /> pursuant to paragraph 21 hrrrof (t. Fein "Future Advances").
<br /> Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has. the right to grant and convey the Property,
<br /> that the Property is tnncneumbered, and that Horrower will vrarrant and defe-d genci;.Py the title to the Property against all claims and
<br /> demands, subject to any declarations, easements or restrictions listed in a schedule of excepdcxas to coverage in any title insurance policy
<br /> insuring Lendci s interest in the Property.
<br /> UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br /> 1. Payment of Principal and Interest. Borrower shall promptly pay when doe the principal of and interest on the indebtedness evidenced
<br /> by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any Future: Advances secured by this Deed
<br /> of Trust,
<br /> 2. Faads for Taxes sad luw vaee. Subject to applicable lave or to a written waiver by Lender. Borrower shall pay to Lender on the day
<br /> monthly installments of principal arvd interest aic payable under the Note. unttg the Note is paid in full, a sum ([reran "Funds") equal to one-
<br /> twelfth of the yearly taxes and assessments which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one-
<br /> twelfth of yearly premium installments for hazard insur".sxe, plus one-twelfth of yearly premium Installments for mortgage insurance, if any, all
<br /> as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and rewmaMe estimates thereof. '
<br /> The Funds shall be held in an imthution the deposits or account: of which are insured or guaranteed by a )Fedr2al or state agency (including
<br /> Lender if Lender is such an institution). Lender shall apply the Funds to pay said taxes, asset merits, insttrr.ace premiums and `round rents.
<br /> Lender may not charge for so bolding and applying the Funds, analyzing said accoun' or verifying and tmgil(ttg said assewwnts and bills.
<br /> unless lender prays Borrower imerest oo the Funds and applicable law permits Lek[ er to matte such a charge. lkwrower and Lender may agree in
<br /> writing at the time of execution of this Deed of Tnr.Qt that interest on the Funds shall be peed ±o 1orrower, and[ unkm such agreement is made or a
<br /> 3y ^.9`39 's~f ~ee ,
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