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<br /> , ---_ grants and conveys to Tnutee,in uust.with power of sale.the following descn'bed prop�1 L�ca, t�tate of IJebraska: G • ' • �
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<br /> � LOT TWO (2). SLOCK ONE (1). BSL-AIR AI3DITIOI3, CITY OF (3RAND ZSLAND. HAI.I+ .
<br />-;�� � � COIINTY. NEBRASKII. . .: -
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<br /> ;: ` _ - which has the adctress of 25�o wBST �fr�,1t ;. �'
<br /> ' GRAND ISLI�ND (c��yb.�ebraska 68801 [z8 Cadel (herein"ProPertY Address'); � ,. .;• S`_ _
<br /> �� � TOGETHER witt►all the improvements now or hereafter erected oa the property,and all easemeats,riY,hts. ��y
<br /> ' "-,,��I� appurtenances and cenu{svbject however Lo the rights and authorities given herein to Lender to collect and aPP�Y . ,.
<br /> such rents),all of which sliall be deemed to be and remain a part of the pmperty covered by this DeEd of Trust;and ��'---
<br /> >�;:-:
<br /> all of the foregoing.together w►th said properry(or the lease�old estate if this Deed of Tmst is oa a le�sehol�aze ���y:,;,,,�•.:_;_,.
<br /> hereinafter referred to as the"Property"; �{��
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<br /> _ . . - � TO SECl9RE to I.euder ttie repayment of the indebtedaess evidenced by Bomower's notc dated ..��_.-Y.,�_.
<br /> ' . . M1�1tCH o2. 1998 and extensions and renewals thereof(herein"Note"),in ttte principal sam of ;..F_�
<br /> i:'. . . ' U.S.S 2g,000.00 .witt►interest therean,providing for monthly installmenu of principal and interest, ��--
<br /> • '"''s•=.'=:
<br /> ' with the balance of the iadebtedness,if not sooner paid.due and payable on MAttCH o6, 2 o ie -- -
<br /> • [he payment of all other sums.wi[h interest thereon.advanced in accurdance herewith to protect the security of this - . - ----.
<br /> • �. Deed af Tnut;and the performance of the covenants and agreemencs of Borrower herein contained• -�.F
<br /> � Borrower covenanu that Borrower is IawfuUy seised of the estate heseby conveyed aad has che right to grant and . ' ��_ :
<br /> , ;; _� canvey the Property.and�hat che Propecty is unencumbered,except for encumbrances of record. Borrower covenants .
<br /> ;':��..
<br /> that Barrower wamu�ts and wiU defead generally the titte ro the Propeny aO�t aq claims and demaads, subject to � '=�_
<br /> encumbrances of record. _ . �'�--
<br /> � � � UNIFORM CQVENANTS.Borrawer and txnder covenant and agceo as foliows: -�'�__�
<br /> � 1. Puymeat of Prtac�pai ead Interest. Borrower shall prompdy pay when due the principal and in[erest •�•��9�'�
<br /> � indebtedness evidenced by the Note and tate charges as providefl ia the Note. .
<br /> 2.Funds for Tsuces and insuranee.Subject co applicable law or a written waiver by l.ender. Borrower shall . ;f�
<br /> .� • � . . ' pa y to Lender on the day monthty payments of principal and interest are payable uader the Note, until the Note is ..;�%-�
<br /> � paid in full, a sum (herein 'Fun d s'� eq u a l t o o n e-t w e l ft h o f t h e y e a r i y t a x e s a n d a s s e s s m e n u (includia g ,:�_�__
<br /> �' condominium and planned unic development assessmenu. it any)which may attain prioriry over this Deed of Tnut, :x�_-
<br /> and gcound rents on the Property,if aay,plus one-tweltth of yearly premium installments for hazard insurance,plus , �,•� .`•�
<br /> ' � � ' one-twelfth of yearly premium instalimenu for mortgage insurance. if any, all as reasonably estimated initially and . __,
<br /> ` • � from time to time by I.ender on the basis of assessments and biUs and reasonable estimates thereof. Borrower shall .
<br /> � not be obligated to matce such payments vf Funds to Lender to the extent thac Borrower raakes such payments to the
<br /> � holder of a prior mortga$e or deed of trust if such holder is an instinmonal leuder. • ,
<br /> � If Borrower pays FunBs iv Lc�ider. thc ruads shal2 be 2:eDd in an iastitution the deposits or accounts of which =
<br /> � ase insured or guaranteed by a federal or state agency(including Lender if Lender is such an instimtion).Lender shall .
<br /> • � � apply the Funds to pay said taxes,assessments.�nsurance premmms and ground rents.Lender may not charge for so
<br /> � �• hoid�ng and apptyin$the Funds.analyzing said account or verifying and compiling said assessments and bills,unless . ,
<br /> Lender pays Barrower mteresc on the Funds and applicable law pernuu Lender to make such a chazge.Borrower and
<br /> � � � Lxnder may agree in writing at the tlme of execution of this Deed of Trust that interest on the Funds shall be paid to .: .
<br /> � Borrower,and unless such agreement is made or applicable taw requires such intetest to be paid.Lender shall not be .
<br /> ' required co pay Borrower any interest or eamings on the�unds. Lender shall give to Borrower.without charge,an , .
<br /> annual accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit to the •.
<br /> ' • � Funds was n�ade.The Funds ue pledged as additional securiry for the sums secured by this Deed of Trust. . •
<br /> ., IruUals:�� , . ,
<br /> ��-761NE1�eso��oi oa�,�oe s n Form 3828
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