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DEED OF TRUST 86- 101349
<br />THIS DEED OF TRUST is made this..... §tO .................day of ...... March .. ... _ .. .
<br />19..86 among the Trusux,..... Charles S. Chapman and Mary iC. Chapmaq,, ,husband And
<br />.....( herein "Borrower"),.... Five Points Bank
<br />....... I..........I....
<br />.... ........................(herein "Trustee "), and the Beneficiary,
<br />............. l.. I. Points Bank _ _ _ .. , _ a corporation or anized and
<br />existm the laws of.......... Nebraska ......I whose address is...20.1 N,..
<br />Broadue 1, P.D_ Box 1507, Grand Island, NE "'
<br />......... ............................... I ......................... ( 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 />......... .. .11d.1� ........................ State of Nebraska.
<br />The Northerly One Hundred Ten Fee 11101) of Lot Six t6)
<br />in Block Three (3) of Dickey Second Subdivision, Hall
<br />County, Nebraska
<br />A
<br />which has the address of........ 2.7.05..Q.' F. lannig ,an ...................Gra.nd. Island........ .
<br />!street] tC,tr]
<br />Nebraska_.... 6$801 (herein "Property Address "):
<br />(State and zip Code]
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents), royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures now or
<br />hereafter attached to the property, all of which, including replacements and additions thereto, shall be deemed to be
<br />and retrain a part of the property covered by this Deed of Trust; and all of the foregoing, together with said property
<br />(or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />To SecuitE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated........... .
<br />.... (herein "Note "), in the principal sum of. .For.ty..Sev.en. Thousartd . Eight. Rundr.ed. .
<br />$i,ghty, -TJK ?e .Op-4. J / 90. - -- - -- .Dollars, with interest thereon, providing for monthly installments
<br />of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on ............
<br />...... . _ , , ,3 -6 -96 . . . .. . .... . . .. . ... . ... : the payment of all other sums, with interest thereon, advanced
<br />in accordance herewith to protect the security of this Ihed of Trust; and the performance of the covenants and
<br />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made
<br />to Borrower by Lender pursuant to paragraph 21 hereof (herein "f=uture Advances").
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and �
<br />convey the Properly, that the Property is unencumbered, and that Borrower will warrant and defend generally the
<br />rifle to the Property against all clams and demands. ,utajcct to un� de.iaratiom. eas tttc,,ts o; resinctirms hsivd in
<br />, hcduk of exceptions to coverage in any title insurance ]-"));c% �nsu n�, lend, -F ��� +; r s..n tiu
<br />NMFF 8/82
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