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<br /> ' rust with ower of sale,the following described property located in the County of I -
<br /> • grents and wnvcys to Trustee,m t , P HpI,L , State of Nebraska: i • _
<br /> ��� LOTS TtINE (9) AND TEN (10), BLOCK SEVEN (7) , EVAN'S ADDITION TO THE CITY OF
<br /> axaxn r.sr,arro, HALL COUNTY, NEBRASI(A. --
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<br /> � which has the address of ii22 EAST 5TH STREET ZtP code� (herein"Pro Address") E`�,
<br /> �� �� Z5� [ciryJ ,Nebrasku 68801 � �� ��
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<br /> '�. TOGETHkR with all the improvements now or hereafter erected on the properry, and all easements, rights, L'
<br /> • appurtenan�es and rents (subject however to the rights and audiorlties given herein to L.ender to collect and apply __
<br /> such rents),all of which shall be deemed to be and remain a part of the properry covered by this Deed of Trust;and _
<br /> all of the foregoing,together with said property(or the leasehold estate if this Deed of Trust is on a leasehold)ue
<br /> hereinafter referted to as the"Proper[y":
<br /> � TO SECURE to Lxnder the repayment of the indebtedness evidenced by Eiorrower's note dated
<br /> �� ,7pI�1ARy 31, 1998 and extenslons and renewals thereof(h�rein"Note"),in the principal sum of
<br /> ��.,'- ,with interest�hereon,providing for monthly installments of pdncipal and inter�st:
<br /> � U.S. $ 35, 000 .00
<br /> - � With U18 beiOnCe of tbc indc�ii2dA�ss,if nos�o:ier gaid,due?n�payable on FEBRUARY o 5, 2 0 oe �
<br /> the payment of all other sums,with interest thereon,advanced in accordance herewith to protect the security of thts
<br /> Deed of Trust;and the performance of the covenants and agreements of Borrower herein contuined.
<br /> Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br /> convey the Propercy,and that the Property is unencumbered,except for encumbrances of record.Borrower wvenants
<br />.� � that Borrower wanants and will defend generally the title to the P�operry against all claims and dernands,subject to
<br /> encumbrances of record.
<br /> UN IFORM COV ENANTS.Bonower and Lender covenant and agree as follows:
<br /> . ', 1. Pay�ent of Principal and Interest. Borrower sha11 promptly pay when due the pr3ncipal and interest
<br /> indebtednas ev�denced by the Note and lnte charges as provided in the Note.
<br /> 2. �nds for Taxes an d Insurance. Sub ject to a p plicable law or a written waiver by L.ender,Bonower shall
<br /> pay to L..ender on the day monthly payments of principal and interest are payable under the Note, untll the Note is
<br /> paid in full, a sum (herein "Funds") equal to one-twelfth of the yeazly taxes and assessments (including
<br /> ' wndominfum and planned unit development asscssments, if any) which may attain pdority over this Deed of Trust,
<br /> � and ground rems on the Propeny, if any. plus one-twelfth of yeazly premium installments for hazard insurance,plus
<br /> one-tweltth of yearly premium installments for mortgAge insurance, if any, all as reasonably estimuted initially and
<br /> from time to time by l.ender on the basis of assessments and bills and reasonable estimates thereof. Borrower shall ^
<br /> not be obligateA to mAlce such payments of Funds to Lender ro the extent that Bosower makes such payments to the -
<br /> holder of a prior mortgage or deed oF trust if such holder is an institutional lender. =
<br /> �ti- If Borrower pays Funds to Lender, the Funds shall be held in an institution the deposits or aceounts of which �
<br /> � j�p are insurcd or guaranteed by a federal or state agency (including Lender if Lender is such an institution). Lender :. -
<br /> 9F shali apply the Funds to pay said taxes,assessments, insura�ice premiums and ground rents. i.ender may not charge :M__
<br /> for so ho l d�ng a n d a p p l y i n g t h e F u n d s.an a l yzin g said account or veri'tying and compiling said assessments and bills, �,
<br /> ` unless L.ender pays Borrower interest on the Funds and applicable law permits Lender to make suc h a c hazge. __
<br /> Bonower and Lender may agree in writing at the time of execution of this Deed of Trust that interest on the Funds
<br /> shall be paid io Borrower, and unless such agreement is made or applicable law requires such interest to be paid, �;: ___
<br /> ixnder shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower, ;��,,,,_r__
<br /> without charge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose for ,�.�_,_-
<br /> which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured by this ,y;��v_
<br /> Deed of TrusL Form 3828 �=°=
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