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<br />S1--t1ii1245
<br />DEED OF T~t~JST
<br />THIS DEED OF TRUST is made this......... , 11th ....... , , , .da of ...Maroh . . ............. . . .
<br />19. $1., among the Trustor,....i~nfoad L. Stout and Marilyn P. S~out, husband and- otife
<br />.................... ................
<br />..........................................(hetein ")3orrowee").............................,.'.;-,
<br />3antss 5. Reed .. . .... . .................................. (herein "Trustee"), and the BentifxCiaty;
<br />....
<br />..Stt~erior Mortgage, Inc. ...................................... ....a corporation o m amt
<br />existing under the laws of... ,Nebraska 2121-~ -R~dr-- -
<br />.......................... whose address is.............,..
<br />Suite 20fi, Grand Island, Nebraska 65801 , , ...... , . , _ , . _ . (herein "Lende#").
<br />...................................
<br />Bortaowett, in consideration of the indebtedness herein rec.~ed and the trust herein created; irrevocably grants
<br />and conveyks to Trustee, in trust, with power of sale, the following described property located in the County of
<br />..... Ha11 ...... ..... ....... ... Slate of Nebraska:
<br />Lot One Aundred Forty One (191), in t3uenavista Subdivision, an Addition to
<br />the City of Grand island, Aall County, Nebraska
<br />wMch has the address of 1135 South Sycamore Grand Island
<br />;sr~ee:i .c,+rl
<br />Nebraska 68801 , - , therein "Property Address"1
<br />..............
<br />(Slit¢ irttt ZrD Caril
<br />Tact.twttt with ail thr .mpnncmcnt> nuu ur hcrr.:ricr ,treed nu the property, and cat cascmcnt>, rights.
<br />appurtcnanccs, rents (subject hour:rr to th,: nght> ,:nd suthoritir. gr:en herein to Lender to collect and apply such
<br />rents}, royalties, mineral, oi! and ga> nghis and priNtt>, eater, uatcr nghts, and water stock, and all fixtures new ur
<br />herraftcr attached to the propert}, alt of whrcl..:ncludmg nplaamertts end addutuns thereto, shall be decnted to he
<br />and rcmam a part of the property warred by ihr, Dr~d rrf 1'rmt. ,tnd all of [hc forcgaing, together with said property
<br />tx the teasehald cstatc a the Decd of Tru>t ;, an a leaschnldi arc hcre~n referred to as tht: "property"; A
<br />To SECURE. to Lcrxier (a) the repayment of the indebtedness eaidcnccd h: grower's note dated. March 11,
<br />1981 Thirt five thousand and No/100----------
<br />............ (herein "Note" ), m the pnnapal sum of .... - y .............. . .......................... .
<br />............... . .... .. Dul.an, with :ntcrcst thcrcon, pravtding for monthly utstallmcnts
<br />of principal and inicrest, with the !wlaner of the indclxedness, ;t riot xwncr paid, duo and ¢avablc onApril ,lr , .
<br />20~7~ ................. . .. . . - ... ... - : the payment of al[ other sums. with utterest thcrcon, advanced
<br />in aceordance herewith its pcoicct thr s,curitp nt thrs Deed of '7rust. and the pcrfurmance of the covenants and
<br />agteetncntx of Borrvwcr hercir, cont.tincd; and t h} the repayment of any iutur• advances, u nh interest thereon. made
<br />tts ~arro~wcr by Lender purimint to pirugraph ? t hereof i hcrcrn "Future Advances' ).
<br />Ikuruwcr c:.:enants that Iitttruwcr i~. lawtui4y scrscd of the estate hent?y convtycd anti has the right io grant and
<br />a:t3tty°ev ihr Property, that the Propcrtt rs uncnt:umt~red.:+nd that f}c rrou•cr urll uarraitt and defend gcncrally ahr
<br />title its Eht Prc~gerty against all t~1'arms and dernartth. suhjstt t,+:Fn. declar;etruns, sascr7terrts a,r resir,ttr+ms iistrd rn ;t
<br />wihet)ulr of execpttons tsa ~uvcragr sn an} title insurancr policy rnsur,ng l.endet'~ rntcrest ;rt the Prt>hcrtc.
<br />~~- ? !~ 6 ti,^n;:r- '. =6 #IlMitfNtM& tUtH2~lt IMSTtiYtiENt
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