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<br /> „ ; WHflN RBC.OAUBD, biAII. TO: This instrument w,�:, .�repared by: �;,;.,_.
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<br /> L�MBRGGNT MORTCAGCCORP.
<br /> _-`--—� ��n.mscmoRe,�►�t Pi.A7.ASUlTE 201
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<br /> CR�L�NVIC.LG+,St:24605
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<br /> Loan Na.5005381
<br /> ----..-:. ...� nrArr No.: .4;,.'
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<br /> ,,;,;�;�;ire+w?; (Spacc M�uvn'I'hic I.itto Por Rccording 1)atn� '
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<br /> 1�l��EA OF TRUST ".�`;_
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<br /> THIS DBBD OF TRUST is made this 2StEt day af A�nr11,1497, r�-=�--
<br /> . .�W
<br /> ' atnong the Trustor, MARK A DAVIS AND M�iR�'�•LUNIBOCK p�areir�. 'Bartower"), �;,_:
<br /> . �� :..
<br /> (h�roin "Truatee"),and ULe Beneficis+ry, R .
<br /> i'`, a corporadon qrgunized and ;=�
<br /> E1VIERGENT MORTCrAGLt CORP., ::�-
<br /> , , ., � existing under the laws of, C-�
<br /> ,,�, whose address is 50 DATAS7'RI{AMPLAZA SUITE 201,GRE�NVILL�,SC 29605 (hcrcin "L.c;tder')• �
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<br /> ""'' BQRR0INSR, in considc�ratiau of tha indebtedness herein reciu:d and[he trust herein crc�ated,irrevocxbly rrnnts and cunveys
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<br /> ro Trustee In crusc, with pn��ti,r of saln,the following doscribed progerry located in the County of HALL, _
<br /> � . " State of Nebraska:
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<br /> " ' SEE EXHIBIT A —
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<br /> • ;°'J"' ::t',ic::,y r°,rh� ���iw��nS' S0S W STOLLEY PARK ROAD
<br />-,�;�;, • `- , GRAND ISLAND,NESRASKA ti8d'u"s
<br />_- ` (hersin "Property Address");
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<br /> ;,•.�,.,��;.,,�;�.,,t TOdSTHBR with;all tho improvements now or hereafter erected on the proparty,a��d�ill easementa, righte,appuctenar►ces,
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<br /> and rente(subject ho«vvar ta tho reghto and authoritios givsn herein to Lender to eollect F►nd apply auch rente),Hll of which sha
<br />�:;�,:M%'�'�." be deemed to be and•rramnin a ptut af tho properry coverP�l hy�his Deed of Trust; and all of ttte foregoinII,ta�ether with said
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<br /> - -'"+°�� property (or the leascholcl estuto if this Deed of Trust in an a leasehold) are hereinaftor raforred to ae the "Nmperty";
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<br /> TO SECURS w Land�r t2►o repaymont of tho indebtedness avidenced by Bonowor's note dated Api�i12S,1
<br />°°-°-^�'''�''�• and extensions and ronuwalE,thoreof piorain "Nato"),in tho principal sum of U.S.533,47G,90,
<br /> .-=�°�"�:`;i;'�.' with interest thereon, providing for manthly installmente of principal and interest, with tho ha�lance of Qie Indebtednes9, if not
<br /> '°=''r��� saoner paid,dus and�trynbl� on lVpny 1,2007;
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<br /> -=��s'�.:��i.-�a,7 the payment of all atht� 61�,«nth intorest thesreon, advanced in accordunc�harowith to protect the securi�y of thie Deed o _
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<br /> .,,�_,�,�,� — Trust; and the perfbrrunuca af�ht� covonantfl and agreements of Borro�var harein conutinud,
<br /> _;_{.� ; Bonower covenza►tu tht�t Burro�ver is lowfully seised of the est�te heteby conveyed and hae the riIIht to �sr.►nt and convey the
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<br /> =;,i��ag+�q,}: Property,and that tho Praparty ieunencumbered, except for encumb�ancea of record.Bonownr covonants that Bonower wlnants
<br /> r.,y��y�"�„. and will defend genarully tho riflu to the Ptoperty against all cleims and demands,subjsct to anctunbrances af record.
<br /> :y�.C;'._'`�`rt,t_,,.'� UNII�ORM COV�NAN'TS• Honowar aad I.ender covenaat and agree as follows:
<br /> _; ,� �V'"'�" 1. Payment of Ptrtncipal�aud Interest. Borcower shall prornpuy pay wh�n duv tha principal and inrerest indebtedness
<br /> -�"���•�. evidenced by the Nata atxl luta cht�r6os as provided in the Note.
<br /> ___ �_�r'�. 2, Ftutdv farT2xcs and IttSttra�tce. Subject to applicable 1aw ar a written waiver 6y Londnr,Borrowcr nhall pay to Lender
<br /> �' �— on the day monthly payments of principal and incarest ure payAble under the Note,until tho Noto ie paid i�i full,a sum(herein
<br /> ��: a...�rd';" "Funds") equal to one-rivellth of tho yenrly taxos and assessments (including condominium and planncd unit devalopment _.
<br /> ��-.•�,°: �
<br /> -�-:��a:.� assessments, if any)which�msry atuun priarity over this Deed of Ttusc,and&round ranta on tho Property, if xny,plus one•twelRh _�
<br /> -=����:4 of yearlypremium insu►llm�nta for hf�ard insur�uice, plus one-twelfth of yearlypremitun installments for mnrtgage insurxnce, if
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<br /> ` ' ' any,all as reasonably estin►utod inididly und from time to time 6y Lender on thc basis of aasassmeiits xnd bills�nd reasonable
<br /> � '��� esrimates thereof. Bonoti�wr s`I�ll not be obligatnd to maka such payments of Funds to Lon�lor to the extent �fiat Barrower makes _
<br /> . such payments to tho hnlda�r af o prior mortgu�o or daed af trust if such holder is an i�LCtltutional lender. �,;-
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