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DEED OF TRUST
<br />-- - -L:_ a+E
<br />(? among the Trrutor
<br />HAROLD ' KORGEL A.14D y T V f ij ^# B. KQRQf EL I)t'�E.A,ei.+ AND (a t i= i
<br />cm •Borrower" j, AXEND & B"C& ATTORNEY AT LAW
<br />am "T'ruatee ), and the Beneficiary, NOME FEDEML SAVINtiiS B LOAN ASQOCIATION OF ORAND !LK NE
<br />rporagoe orpirized and e» seder the taws of !lESRASKA whose aiddress is 221 SOUTH WW 'P. 0. BOX 1000,
<br />G11tAN0 RI AND. NE 'N002 (lsereiii
<br />..Leader..).
<br />BORROWER, is owrsederatiaa of the indebtedness herein recited and the trust herein crated, irrevocably grants and conveys to Trustee,
<br />art; with power of..k,. the following described property located in the County of I iA LL
<br />eof Nebraska;
<br />r FGUR (4), BLOCK TWO (L), COLONIAL ESTATES SWD!V;S!0!4 TO TI-!E CITY OF ;;RA ?iD
<br />_ 1ND) tiALL COUNTY, r4EBRASKA
<br />which has the address of 1 104 North Hancock _: ants 1s1;
<br />(STREET) (CITY)
<br />NE �c805
<br />_(herein "Property Address "l;
<br />(STATE & 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 property, all of which, including replacements and
<br />additions thereto, shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with
<br />said property (or the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property ";
<br />TO SECURE to Leader (a) the repayment of the indebtedness evidenced by Borrower's note dated July 9, 1986
<br />(herein "Note"), in the principal sum of '"'o Thousand Three rundred Thirty rive and :9/100--- ------ 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 August 1. 1990 ; 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 />agreements of Borrower herein contained; and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender
<br />pursuant to paragraph 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 />daoands, subject to any declarations, casements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
<br />insuring Lenders interest in the Property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. , laya m of Prilaelpl atai jMarest. Borrower shall promptly pay when due the principal of and interest on the indebtedness evidenced
<br />Wthe Noe, prepayment and late charm as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed
<br />of Trust.
<br />2. Fria for Tana eel l awascit.`Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Lender on the day
<br />monthly imtaWrtrnu of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds ") equal to one-
<br />twelhh of the yearly twm and anewmeau which may attain priority over this Deed of Trust, and ground rents on the Property, if any, plus one -
<br />twelfth of yearly premium inrtaltmeau for hazard insurance, plus one - twelfth of yearly premium installments far mortgage insurance, if any, all
<br />as rwoaably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof.
<br />The Funda shalt be held in as institution the deposits or accounts of which are insured or guaranteed by a Federal or state agency (including
<br />Lmtder if Leader is suds an institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents.
<br />Lasda may "'charge for so boldift and %Wyimg the Funds, analyzing said account or verifying and compiling said assessments and bills,
<br />Weis Leader pays Borrower itmerest on the Fund and applicable law permits Lender to make such a charge. Borrower and Lender may agree in
<br />writing at the tiros of aacution of this Dad of Trust that interest on the Funds shall be paid to Borrower, and unless such attreemcnt is ma +le or
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