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DEED OF TRUST
<br />THIS DEED OF TRUST is made this 29th day of April
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<br />t 19_H— ,amasgtbeTrustor, CLYDE A. SWEARINGEN AND LINDA S. SWEARINGEN, HUSBAND AND WIFE
<br />1 theccia •'sorrow "), AREND R. SAACK ATTORNEY AT LAW
<br />(herein "Truax'), and the Beneficiary, HOME FEDEIIAL SAVINGS S LOAN ASSOCIATION OF GRAND ISLAND, NE
<br />a corporation organized and existing under the laws of NESPASKA whose address is 221 SOUTH LOCUST P. O. BOX 1005
<br />_¢HAND ISLAND. NE SSW (herein "Leader ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee,
<br />in trust, with power of sak, the following described property located in the County of Hal 1
<br />State of Nebraska:
<br />LOTS SIXTEEN (16), SEVENTEEN (17) AND EIGHTEEN (18), IN BLOCK "E" IN PARKVIEW SUBDIVISION,
<br />LOCATED IN THE NORTHEAST QUARTER (NE'.i) OF SECTION TWENTY NINE (29), AND THE NORTHWEST QUARTER
<br />(NW';) OF SECTION TWENTY EIGHT (28), IN TOWNSHIP ELEVEN (I1) NORTH, RANGE NINE (9) WEST OF
<br />THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />NPhraska _ 68801 —_(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 rights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil and gas rights and
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the li operty, all of which, including replacements and
<br />additions thereto, shaft be deemed to be and remain a pan of the property covered by this Dried of Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this Dead of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to L ender (a) the repaYmuti y4tlte ttaJtbtedntss C tdtncpil,hs 13orF,� 1 nQ L pled
<br />April 29, 1986 _
<br />(herein "Nots" ), in the principal stun of —➢ H 1 Ft fV l Vt - -I H— UU�J,iVU_� w_U HUIY U IJ LAR - --- Dollars,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not stoner paid, due
<br />and payable on .may 1 . 2001 _ ._�..�; the payment of all other sutras,
<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 />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pursuant to para rMA 21 hereof (herein "Future Advances ").
<br />Borrower 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 unencumbered. and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands, subject to any declarations, easements or restrictions Tatted in a schedule of exceptions to coverage in any title insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Papua of Rleselgal W lassrat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and due charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trm.
<br />2. look foe Tennis =W Itsaarome. Subject to applicable law or to a written waiver by [.ender, Borrower shall pay to Lender on the day
<br />mosithly "Usillausits of principal and interest an payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one -
<br />twehfth of the ye sirly tans and assessnsents which may attain priority over this feed of Trust, and ground rents on the Property, if any, plus one-
<br />twditb of yearly pre+eiwn itsaailaseau for hazard insurance, plus one - twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably esue satwl initially and from ume to time by Lender on the basis of assessments and bills and teasonable estimates thereof.
<br />'flee Pwsda shall be bald in an itgtitution the deposits or accounts of whr h are insured or guaranteed by a Federal or state agency (including
<br />Lander If Lainder is such an institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />lAuW may not charge for so holding and applying the runds, analyung sate account or verifying and compiling said asscssntrnts and hills,
<br />URIM fetsder pays sorr~ interest on the Fumb and applicable law permits Lender to make such a charge. Borrower and Lender may a6ree in
<br />writing, at the time of eaveutdMt tart this D"d of lYust that interest on the 1 undo snarl be paid :o Borrower, ariJ unless timh saieement t+ made of
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<br />which has the address of-- .- 250 _lelfltlth_B_ a i n er _----
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<br />(STREET)
<br />(CITY)
<br />NPhraska _ 68801 —_(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 rights and authorities given herein to Lender to collect and apply such rents), royalties, mineral, oil and gas rights and
<br />profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the li operty, all of which, including replacements and
<br />additions thereto, shaft be deemed to be and remain a pan of the property covered by this Dried of Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this Dead of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to L ender (a) the repaYmuti y4tlte ttaJtbtedntss C tdtncpil,hs 13orF,� 1 nQ L pled
<br />April 29, 1986 _
<br />(herein "Nots" ), in the principal stun of —➢ H 1 Ft fV l Vt - -I H— UU�J,iVU_� w_U HUIY U IJ LAR - --- Dollars,
<br />with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not stoner paid, due
<br />and payable on .may 1 . 2001 _ ._�..�; the payment of all other sutras,
<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 />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pursuant to para rMA 21 hereof (herein "Future Advances ").
<br />Borrower 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 unencumbered. and that Borrower will warrant and defend generally the title to the Property against all claims and
<br />demands, subject to any declarations, easements or restrictions Tatted in a schedule of exceptions to coverage in any title insurance policy
<br />insuring Lender's interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Papua of Rleselgal W lassrat. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />by the Note, prepayment and due charges as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trm.
<br />2. look foe Tennis =W Itsaarome. Subject to applicable law or to a written waiver by [.ender, Borrower shall pay to Lender on the day
<br />mosithly "Usillausits of principal and interest an payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one -
<br />twehfth of the ye sirly tans and assessnsents which may attain priority over this feed of Trust, and ground rents on the Property, if any, plus one-
<br />twditb of yearly pre+eiwn itsaailaseau for hazard insurance, plus one - twelfth of yearly premium installments for mortgage insurance, if any, all
<br />as reasonably esue satwl initially and from ume to time by Lender on the basis of assessments and bills and teasonable estimates thereof.
<br />'flee Pwsda shall be bald in an itgtitution the deposits or accounts of whr h are insured or guaranteed by a Federal or state agency (including
<br />Lander If Lainder is such an institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />lAuW may not charge for so holding and applying the runds, analyung sate account or verifying and compiling said asscssntrnts and hills,
<br />URIM fetsder pays sorr~ interest on the Fumb and applicable law permits Lender to make such a charge. Borrower and Lender may a6ree in
<br />writing, at the time of eaveutdMt tart this D"d of lYust that interest on the 1 undo snarl be paid :o Borrower, ariJ unless timh saieement t+ made of
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