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. cn c-� u' ' ^' � �' °' � n CD .-�-�- � v� � z --� e� � n � � � �a � --+ m � � r�rt �.�n � � � �` ° � `� � � � � � � � � �, ~ � I� �" � ��~ � r�� : � dl''a� =' •"' � �r-'n,. �. ' ^ ;,V+•� � ;— Z•r --�-' C _.� ,,�J <n F-� � } . � s }� C.J �� \� N � � z � � � � [Spac�Abow This LIn�For Recordiny Data) : � � �/.5 C� DEED OF TRUST THIS DEED OF TRUST ("Security Instrument") is made on ril 27th 1998 . The trustor is BRIAN E MCDERMOTT AND ROSALYN M MCDERMOTT . H SBAND AND WIFE. (^Borrower^). Tne trustee is UNITED NEBRASKA BANK 700 N WEBB R AD RAND I LAND NEBRA KA 68803 (^Trustee"). The beneficiary is UNITED NEBRASKA BANK , which is organized and existing under the Iaws of NEBRASKA , and whose address is 700 N. WEBB RD. GRAND ISLAND NE 68803 ("�ender"). Borrower owes Lender the principal sum of 011@ HUI1d1'ed Thl�ty SIX ThOU8811d 811d 00/100 Dollars (U.S.$ 136.000.00). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, 'rf not paid earlier, due and payable on M8y 1, 2028 . This Security Instrument seCUres to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and mod'rfications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrowe�s covenants and agreements. For this purpose, Borrower irrevocaby grants and conveys to Trustee, in trust, with power of sale, the foliowing described property located in HALL County, Nebraska: LOT SEVEN (7), EIGHT (8) AND NINE (9), AMICK ACRES, HALL COUNTY, NEBRASKA. : wnich has the address ot 220 AMICK AVE . DONIPHAN , Strsst CNy : Nebraska 68832 ("Property Address"); 21p Code TOGETHER WITH all improvements now or hereatter erected on the property, and all easements, appurtenances, and fatures now or hereafter a part of the property. All replacements and additions shall be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Bonower is law(ully seised of the estate hereby conveyed and has the right to grant and convey : the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and wilf defend generaly : the tkle to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTAUMENT combines un'rform covenants for national use and non-un'rform covenants with limited variations by jurisdiction to constitute a un'rform security �strument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as folbws: 1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due : the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. : 2. Funds for Taxes and Insurance. Subject to applicable law or to a wrltten waiver by Lender, Borrower shall pay to : Lender on the day monthy payments are due under the Note, until the Note is paid in fufl, a sum ("Funds") for: (a) yearly texes and : assessments which may attain priority over this Security Instrument as a Nen on the Property; (b) yearly leasehold payments or ground : rents on the Property, H any; (c) yeary hazerd or property insurance premiums; (d) yearl� flood insurance premiums, if any; (e) yeary : mortgage �surance premiums, ff any; and (� any sums payable by Borrower to Lender, in accordance with the provisions of paragraph 8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items." Lender may, at any time, collect : and hold Funds in an amount not to exceed the maximum amount a lender for a federally related mortgage loan may require for NEBRASKA-3lnple Family-Fannis Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 B/90 F1029.LMa (10/97) Page / of 5 73B