" 47556-1-16
<br />r N DEED OF TRUST 82_004667
<br />THIS DEED OF TRUST is made this ...... 9t1~ ..................day of .... S,eptetgl~~g, , , , _ , . , , , .
<br />19.81. ,among the Trustor, Ted. t;,..4avtis .and. Pauna .r*:. r ew~s,..huabaad. and x~~Ee< . 7 Q~.nC1Y . amd.
<br />each .ia.their. nt¢rt .right. .................. (herein "Borrower").............................. .
<br />JoseRh .H..13adami ........................................... (herein "Trustee"), and the Beneficiary,
<br />FZFwT .1;$DP•RAL. SAVINGS .AND. LOAN .ASSOCIATION .OF. LINCALN .......... , a corporation organized and
<br />existing under the laws of .the.SLate.of.Nebraska ...............................................
<br />whose address is .13th. and ..".N':. S treets.,..Linco ln,. Nebraska. 685I18 ........................... .
<br />................................................................... (herein "Lender").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br />and conveys to Trustee, in trust, with power of sale, the following described property located in the County of
<br />Half ........................................State of Nebraska:
<br />Lot Forty-three (43) Western Heights Third Subdivision,
<br />Hall County, Nebraska.
<br />which has the address of ..... 4?17 Lariat Place Grand Island
<br />Istre<q Ita,l
<br />Nebraska ...... , , 68801 . (herein "Property Address");
<br />............
<br />IIiP Codel
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights.
<br />appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents), all of which shat) be deemed to be and remain a part oti 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) are
<br />hereinafter referred to as the "Property";
<br />TO SECURE to Lender the~re,ppayment of the indebtedness evidenced by Borrower's note dated ................ .
<br />.. , .....SeB~~wbex .~, .~9G7... , ....and extensions and renewals thereol'(herein "Note"), in the principal sum of
<br />U.S. $ . , , 14200..00.... • . _ • • . • , , , , ,with interest thereon, providing for tnotithly installments of pprincipal and
<br />interest, with the balance of the indebtedness, if not sooner paid, due and payable on . , Se{tteTaber l,, ,l~g~, ; • • . .
<br />thg,paymant of all other sums, with interest thereon, advanced in accordan~~c herewith to protect the security of this
<br />'Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained.
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby coaveved and bus the right to grant and
<br />convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants
<br />that Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br />encumbrances of record.
<br />UNIeoRnt COyEnpnTS. Borrower and_Lender covenant attd agree us fellows:
<br />1. Payment of PrWclpal and Interest. Borrower shall promptly pay when due the principal and interest
<br />indebtednesievidenced by-the Note sad late charges as provided in the Note.
<br />2. Funds Ior Taxes sad Iasuranco. Subject to applicable law or a written waiver by Lender, Borrower shall pay to
<br />Lender on the day monthly payments of principal and interest are payable under the Note, until the Nore is paid
<br />in full, a slim (herein. "Funds") equal to one-twelth of the yearly [axes and assessments (including condominium and
<br />planned unit development, assessments, if any) which may attain priority over this Deed of Trust. and ground rents on
<br />the Property, if any, plus one twelfth of yearly premium installments for hazard insurance, plus one-twelfth of yearly
<br />premium installments for-mortgage insurance, if any, all-as reasonably estimated initially and from time to time by
<br />Lender on the basis of assessments and bills and reasonable estimates thereof, Borrower Shull not be obligated to make
<br />such payments of Funds to Lender to the extent that Borrower makes such payments to the holder of a prior mortgage or
<br />deed oCtrust if such holder is an institutional lender.
<br />~NE~R~KA-NOMF IMPpUVCMENI-1 i8q-FNtWPoIMG UNiFapa INSipUMENT
<br />Donn 211-681
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