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" 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 <br />