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DEED OF TRUST 86-- 102012)?
<br />THIS DEED OF TRUST is made this tarn day of tip ri t
<br />1986 ,&sso%thgTrujW,_, QARY L CATLETT AND ROBERTA L. CATLETT, husband and wife
<br />(halls "Btxrowe'7, AMD R. BAACKr_ATTORNEY AT LAW
<br />(W in "Tntstae'). and the Barefiaary, HOME FEDERAL. SAVINGS a LOAN ASSOCIATHM OF GRAND BLAND, NE
<br />a corporative orgmand sed editing under the laws of NEBRASKA whose address is 221 SOUTH LOCUST, P. O. BOX 1000,
<br />OIMND HAND. NE 01002 (herein-Lends-).
<br />SORROWM, in consideration of the indebtedness herein recited and the trust herein treated, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in the County of HALL
<br />State of Nebraska:
<br />LOT TWO (2) IN BLOCK TWO (2) IN THE REPLAT OF RIVERSIDE ACRES, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />which has the address of 2611 South Arrowhead Grand Tslan^
<br />Nebraska 68801 (STREET) (CITY)
<br />(herein "Property Address ");
<br />(STATE A ZIP CODE)
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents
<br />(subject however to the tights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil and gas rights and
<br />proths, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and
<br />additions thereto, shall be deemed to be and remain a put of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said property (or the kasehoW estate if this Dad of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Lender (a) the repayment of the indebtedness evidenced by Borrower's note dated -Apri 1 24, 1986
<br />(betdn "Note "),in the principal sum of THIRTY THOUSAND AND NOf100-- ------ - - - - -- - --- ---- -- - - -- Dollars.
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br />and payable on April 24, 1987 _,; the payment of all other sums,
<br />with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and
<br />agreemenU of Borrows herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pursuant to paagrapb 21 hereof (herein "Future Advances ").
<br />Borrows covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property,
<br />that the Property is utseneumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands, subject to say declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring L.ander's intact in the Property.
<br />UNIFORM COVENAN IS. Borrower and Lender covenant and agree as follows:
<br />I. Paprmwt of Felneipd and Ialwast. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Nutt. prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. ltn 6 fer Tatty and ho rsaw. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day
<br />noinabft itrtalismMâ–º of principal and interest are payable under the Note, until the Now is paid in full, it sum (herein "Funds ") equal to one -
<br />twelfth of the yearly tam and asserarneuts which may attain priority over this Deed of Trust, and ground rents on the Property, i f any, plus one
<br />twellthof yearly prow"m iaunzlliaents for hazard imuranca. plus ate- tweift.h of yearly premium installments for mortgage insurance, if any, all
<br />as tessonably satianied timuslLy and frrna time to time by !seder on the basis of assessments and bills and reasonable estimates thereof.
<br />The (tweeds dog be hsid in an hwitut oat the dapausio or accounts of whkh are insured or guaranteed by a Federal or state agency (including
<br />!miner if lender is torch an institution). Loader shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents
<br />Leader may nee charge for so holding and applying the Funds. analyring said account or verifying and compiling said assessments and hills,
<br />unless Lewder prays Borrower interest on ,he Ftmds and applicable law parnits tender to make such a barge. Liorrowet and l ender may otter to
<br />wrniug M The Rest of ews;ution of this Used of Trust that interest on the f "n ds shall he paid us Wurower, and unless such agrcetnent is made m
<br />WR
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