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OF" OF TRUST �, .. 104541
<br />THIS DEED OF TRUST is trade ants �, 4 th da oI Atio uS t
<br />19. B6 ,amongtheTnutor,_ EDWARD J. STOLTENBERG AND DEBORAH J. SLTENBERG HUSBAND AND WIFE
<br />therein "Borrower'•), AREND R. MACK ATTORNEY AT LAW
<br />therein "Trustee "), and the Beneficiary, MOME FEDERAL SAVINGS A LOAN- ASSGCIATiON OF GRAND ISLAND NE"
<br />a carporsthon organized and existing under the laws of NEDRAUA whose address is 221 SQUTN LOCUST P. O: 9OX 1080
<br />t_ F"D. IBLANb, NE CN02 tlaaeia "Leader ")
<br />BORROWER; in axuideration of the indebtedness herein sited and the trust herein created, irrevocably grants said conveys to Trustee,
<br />in trust. with power of %at- the following described property located in the County of
<br />Sate of Nebraska:
<br />A tract of land cow rising a :)art of the Northeast Quarter of the 'Northeast Quarter (NEI
<br />FfE of Sethi =^ T spnty- Six ):, Tt ship Twelve ?} 'north, Range Eleven (ll) iciest of
<br />Hall Eunt, Nebraska Ithe Sth D.M., Dzr Particularly descriraeo as faIlows:' Beginning
<br />at the nort`:east corner of said Section T.,rer y -Slue _ (25). thence southerly atom the east
<br />irye of said 5ectior, Twenty -'Six (26) a distance of Eire Hundred Thirty- F+aur.and Forty- -
<br />Four Hundredths 1534.44] fe9tw thence def a. tinq r'.^_)lt 118020 '45" and runnina n rtN& ester-
<br />ly, a distance o` ve `-hundred T ent; rr „sr ar,.d %'-jet Five Hundredths - ,524.93j feet;
<br />ttRnice "ef leCyDnin, right 06010V_10n an - 17'Ean_ n6rtthiresterly, a distan e 'Jf Two Hundred
<br />E.itPtee, and Ttro- Tenths (21B.2) feet: *hence deflectimc, right 12005145” and running no
<br />Westerly, a di5tancp of, Seventy -Nine -and ftf-Sever, i r =0r its (79.57) feet: thence
<br />et l+:'r'"i..'?u g.:t ^t and unnirq n or`- M,er.i1, a ";f:; t3nce of e- ghty -rt;ne -and, tulenty-one - ..
<br />�r rxa to a poin- Gn t*. i? Of said Section hwenty -Six (26)i
<br />Cher re easterly allz;ng the ,. _ "f~ 1 rr: of said Sectioi - -, t" r,ty -Six £2 Si a "distar�e of Seven
<br />3r� 51'r. _r 'n,F_n ,'?L' ` .. _, i!t 1 ':f 4 -
<br />.e h-ur.. dre^4 .. ,... 4?:t ,o e place �eCt=rn't:.ng and tiu£italra- ..
<br />ing i.'M4 acres more _ °s5 _`e ex >eoti err A .ract cf lar:u situated a of
<br />east _ .F .., ± east. a: fez *. lace '_ Fun. e ;; r t e R :the
<br />Sect_c , Twenty-
<br />"'ems.. ', ; ..... -de . iii Npr,. _Ranoe Eleven. ...' west of ,' e�5th P.M., in Hall '
<br />"•e� as a, �r n �_ cesczlted as Beginning at _ ,e Northeast-
<br />NE
<br />. c. .. MEZ, "ozr least r :A.Ianer th ence nning a°tw"=._
<br />Er±v
<br />_ .;..'.<3 �., ::` - I`;..?�r'"s...d ... .- 3"?"tv -r Hundredths "5'zu h. fee -
<br />its +era; a vista^. e . `�f6s _y-Five
<br />'
<br />and f _, .. .. _ .. ., � de tl l igrtt Snz�3a ^ and in a nor "th - - :-
<br />er' 4:df' _ate.d -.?':, ..`hi?ast I� rtsv NE ,far tf t - -
<br />� � to S-
<br />��. U*11. -zee na, .,_.? tJ =' , nt"renfi -.. S. � �lafeet._
<br />_. ,. ,..max 't�:._ tt3c �.
<br />:EC N :..east Quarter t ° t. r Wirthea'af QLtart"er. tI
<br />:Ire ,_ _81 Quarter "NE, Northeast Quarter
<br />--c—e ,14- ,e IS
<br />t;3zt *2 _. au/. 174A, Cdr. _'tiE Lie —(herds "Property "Address "):
<br />(STATE & ZJP CODE)
<br />TOGETHER with all the improvements now or bereafter enact d oA the property, and aA easements, rights, appurtenances. reds
<br />tsubjax however to the rights and authorities give n tierem to Leader to ollect and apply such firms), royalties, material, till and gas rights and
<br />profits, water, water rights, and water sto.-it, and alt fixtures now or hereafter attached to the property, all of which rxluding r and
<br />viddsbons thereto, shall be deemed to he sod retewn a part of the property asveraf by this Dead of Trust; and all of the fcuegaisg, together with
<br />said property for the leasehold estate if this Deed of Trust is on a leasehold) are herein referred to as the "Property":
<br />TO SECURE to Lander (a) the repayment of the indebtedness evidenced by Borrower's time dated
<br />thereu "Noe ") in thepruucipalsumof q_E3ever" Thousand Five H4rtd_r___�eG ..Qhty Nine and 601100 - - - -- ors,
<br />with interest thereon, providing tot momb)y installments at principal and interest. with the balance of the indebtedness, it rant sooner paid. due
<br />and payable on _ `Auq us t 8. t ±`3u _
<br />...._._... __._.. r, . the ttaysnetn of all other rusts.
<br />with interest thereon, advanced in accordance herewith to prormt tie security of this Ckrod of Trust, and the
<br />performance of the covenants sod
<br />agracasmu of Borrower herein curtained. and (b) the repayment of any future advances, with interest thereon, trade to Harrower by Lender
<br />pursuant to paragraph :1 h aeof (herein "Future Advances "), -
<br />Borrower mvenams that Borrower is iawfuily sased of the estate hereby corn tyed and has the right to grain and convey the Property.
<br />that the Property is unencumbered, and that Borrower wiif warrant and defend generally, the tide to the Property Against All ;farms and
<br />daaands, subject to an) dselaratmtn, ewias enra or restrictions hared in a schedule, of exceptions to coverage in any title insuaan" polr:^y
<br />insuring Lender's invest in the Property.
<br />UNIFORM COVENANTS. Borrower and Leader covasansasttagrs "ton ws_
<br />- d. Pay iaat of Frtodpai raga laterril. )Shwa shall promptly Fay *bell due the principal of and interest on the indebtedness evidenced
<br />try the *xe. prepayment and hire charges as provided in the Note, and the principal of and interest on any Future Advames sea, -ured by thsa Decd
<br />cif Truss.
<br />2. Faab fin Tarr surf lrarsaaor. Subject to applicable law or to a w-ratea waiver by Leader. Borrower shaft pay to Leader an the day.
<br />Monthly ust" h serits of principal and interest art payable under the ?store, until the Norte is paid in full. a sum therein "Funds ") equal to oft-
<br />twelfth of the yearly taws and asaess:nettts which may attain priority ova this Deed o€ Trust. and ground rests on the Property, if any. plus ore -
<br />twedith of ytyrhy titanium installments few hazard uuturanor, plus one - twelfth of yvwiy premium ussrafimeats for mortgage tnsurasscc, if any, all
<br />as rea.ombly estimated initially and from tusta to time by Leader on the basis of asiessrnenu and balls and reasonable estimates thereof
<br />The Fursds shall tx teid m an institution the deposits of accounts of which art insured or guaranteed by a Federal or state agencl o ncluding
<br />Leader a t.tridov is such an Institution). Lander strap apply the Funds to pate said taw's„ ar=ststuncri , insuranct premiums and gn,} od rants
<br />IA.ndel may tux . rwgt fear :rs Wiling and applying she Funds, anahynng said atxcrsunt car verifying sad cotnpdinS card asxtssstsrnt',s am t•iits,
<br />.usieas Lerida pays Borrower interest on the Farads and apputahle law riersatts Laxler to maize such a Charge lkarro%fr and i ender tits) agate to
<br />writing at IN i,xre ,d tsecutwo of tpu fkrd of Trust that irnetest on ;hc Funds vtuil ter trwid to Wo T, rr, and cintrvi vu.h oarsertirw 4s nokk ,,,
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