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47139-1-I6
<br />- sl_ r~r.~aso~
<br />DEED 4F TRUST -
<br />TIfIS DEED OFTRUST is rna~te ~t,u ..... ~ day f ..... ; July ....: .......... .
<br />81i iianuel Dega and~G oYia~L.~Vega,~husband and wife, 3ointly sn3 each
<br />19. on the r for ....................................................... ..... ......
<br />an tli~fr ot~tt r g~ ....................... . (herein "Borrower"}................. .
<br />JaseRti .}1, , get{ .......................................... (herein "Trustee"}, and the Beneficiary.
<br />FIRST .k'EDERAL. SAVINGS .AND. LOAN .ASSOCIATION .OF. LINCOLN .......... , a corporation organized and
<br />existing under the laws of .the: Slate ,o£ . Nebraska ............... . .............................. .
<br />whtxeaddressis.l3tb.atid "Td".Streets.,..Lincoln,.:2.ehraska.685A8 ............................
<br />................................................................... therein "Lender").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br />~n~lconveys to Trustee, in trust, with power of sale, the following described property located ut the County of
<br />.a ..........................................State of Nebraska:
<br />Apart of the South Half of the Sbutttwest quarter (S~~j of Section i, 'township
<br />l1 North, 7taige 9 West of the 6th P.M. , fia7.1 Gasify, Nebraska, ttt~re particularly
<br />described as follows: Begitaiirig at a point 7383.29 feet Fast of the Southwest
<br />turner of said Section 3; rtrazirlg thence North parallel with the West line of
<br />said Section 3, a dista;tee of 516 feet; thence East parallel with the Sarth line of
<br />said Secticxt for a distance of 55 feet; thence South parallel with the West line
<br />of said Sectit>a 3, a distance of 516 feet to a point on the smith line of said
<br />Section; thence blest along the Sarth line of said Beetle! a distance of 55 feat to
<br />the point of begi~iing.
<br />1006 East Capital 8venue Gran3 2slan3
<br />which has the address of ........................... . ...... .......................... .
<br />(Neyl1 IG[I~
<br />68801
<br />Nebraska ...........................therein "froperty Address"}:
<br />u~~i
<br />TOGEfFiER with ail the improvements now ar hereafter erected on the property. and al! easements, rights,
<br />appurtenant~t and rents !subject howeeer ro the rights and authorities given herein to Lender to collect and apply such
<br />rents), all of which shall be deemed to be and amain a part of the propetty covered by this Deed of `Trust; and alt of
<br />the foregoing, together with said property for the leasehold estate if this Deed of Trust is an a leasehold) are
<br />hereinafter refereed to as the "Property":
<br />TO SECURE to Lender the repayment of'the indebtedness evidenced by Borrower's note dated ................ .
<br />.Tt}l,y 9 ~g $1 and extensions and renewals thereof (herein "Note"i, in the principal sum of
<br />6$Db:~Of ................
<br />U.S. S ............................. .with interest thereon, providing for monthly installments of rincipal and
<br />interest, with [he balance of the indebtedness, if not loaner paid, due and vayable on .. 4tP8.>kst .~, . ?~~ ........
<br />the payment of alt other sums, with interest thereon, advanced in accordance herewith to protect the security of this
<br />Deed of Trost; and the performance of the covenants and agreements of Borrower herein contained.
<br />Burrower covenants that Boreuwer is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />cronvey the Property, and that the Property is unencumbered, except for eneumGranees of record. Borrower covenants
<br />that Borrower warrarts .. ~d wi.i defend generally the title to the Property agairut all claims and demands, subject to
<br />encutnbxances of tecard.
<br />t}N1t=r~Rr11_ CaYcttANTS. Borrower and Lender covenant and agree as foltaws:
<br />f. Payment of PrF®ccipal and Interest. Botrou'er shalt promptly pay when due the principal and interest
<br />indebttxln~ss evidenced by [he Nate and late charges as provided in the Note.
<br />2. Funds felt Taxes slat Instuance. Subject to applicable !aw or a written waiver by Lender, Barrawer shall.pay to
<br />Lender un the day monthly payments of principal and interest are payable under the Nate. until the Na[e is paid
<br />in #ull, a sum (herein "Funds"} ettuat to one-twelfth of the yearly taxi and assessments tirtciuding iondatninium and
<br />panned unit dt~vetapment assessments, if any} which may attain priority over this Deed of Trust, and ground rents on
<br />the Prgperty, if any, plus one-twelfth of yearly premium installments for hazard. insurance, plus c+nc-twe3tih of yearly
<br />premium installments tar mortgage insurance, if env, al] as reasonaGly estimated initially and Pram time to time Gy
<br />Lender tilt the !:ells of assessments and bills ;utd reasonaGle estimates titereaf. Harrower shall nit tx ohiigat;d to make
<br />such payments of Funds to Lender t0 the extent that Borrawcr makes such payments to the hahier oC a prir,r nzc~rtguge or
<br />deed of float if such tm[der is an institutional lender.
<br />~E~- lau!x€ tMFNU'~[tMt st -'s - $U - tIRW iktJtC WIIFIXtM [RSti11g1tM?
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