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<br /> `< " u made on Agril 7, 1997 .7'��ar is : --
<br /> THIS DEED OF TRUST("Security tasmime�t ) " '�'"•
<br /> � -,-F
<br /> .;` `2<:` Eugeae V. Olmer and Rhoads P. Ulmer, husband and �rlfe ' -�- �,;f-
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<br /> . �- (•Borro�vcr").'fhe tnutee is Nor�a�st Baak Nebraeka. Natio�l Aaeoci�tion �.r,�.C�.,
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<br /> � ����'`���� ` ("Tnistee"1,79►e beneficiary isHort,iest Sank Nebrasks. Natlont�l Aseoeiation � �',-�
<br />_ : ,:���..:::�'.:.. . .and whose �-�-
<br /> ..„' ; wt�ich is organizea And eaisting under U�a laws ot United Statea og Ameriaa ��.�
<br />- .°. `� address is 202 W. 3sd. St.,Grancl Island, Ne
<br /> ("L.ender").Borrower owes[xnder the prtncipal s�m of �- ,-�_
<br /> . . �`�°=_
<br /> � � ..�DollarsN.S.$26.00Q.00 )... , �_-
<br /> , , �•"• � Zt,reaty-aix.Thousaad 8 no/10 �:_,__
<br /> �,.�. This debt �s evidenced by Borrower's note dated the same date as this Security Insb�vment('Note").which pmvides far�i. . � -
<br />. . �'�'` ' monthly payments.with the full debt,if not paid earlier.dae aad payable on April 20, 2Q02 ' -_.__,..
<br /> 77us 3ecuriry Iastivment secures to Lender:(a)the rePaYmeitof all o er��sums.�mtb nterest.advanee�l umder dparagraph 7�m ��,--..:
<br /> . ' extensions and modifications of the Note: @)the PaYmen ts. For t61s -
<br /> :'.:��,.� protect the securitY of this Se�rity �e�:�(e1 �e FErformance of Bonower's covenamts arid agreemen �.-_
<br /> � {�,,.. . �=.'°'� purpose.Borrower irrevocably gr�►ts and conveys to Tn►stee. iu tnut. with power of saie.the foli�ring County.Nebraska: _��
<br /> �
<br /> 'C ,I j�f$J�� -f , . • '��In � ISc.fiidBlJ:
<br /> �, '" '' t;,�� 22, �o�ner View Subdivisf�¢II, City of Grand Island, Hall Cauaty. Nebraslsa � ��
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<br />-- '``,!t.:±r%;���,�'_.',..�, :;�I`;,• �,t��y has the zddress of 1009 8. Nebrasks. Grand Island .-_...
<br /> . (^Property Address'): `��
<br /> �; , ��g� ��*aska �$�1 _ '
<br /> r� ' . (Zip Code1 �.
<br /> TOGETHER Wj7'N a11 the improvgmenu now or hereafter erected on the property,and aD3 e����s.�`�%'•��•� �=�`_
<br /> � � � ' �t`fxtures now or hereafter a patt of the pro�erty. All replacements and addittons shall also be co�ered �j this Securlty c,:_-
<br /> " ' ,..: :•��` L�strument.All of the foregoing is referred to m this Securiry Instrument as the"PropertY•" R-• -:
<br /> BORROWER COVENANTS that�oaower is lawfully seiseA of the estate hercby conveyed and has the dght to grant and
<br /> �":.:'
<br />_ �, . : ' convey the PropertY and tUat the Propertyain t ell lalms and de�pmands.subject o any encumbrances f record.�ts aad wUl �.—�.`�
<br /> defend generally tha tide to tha Property S �i�_'�
<br /> ° � ' THiS SECURITY 1tVSTRIIMENT c°mbtnes uniform coveaants for national use and non-uniform oovenants with 1�miteA —
<br /> � � ��� . � variations by'urisdiction to wnstitute a uniform searrity instrument covering real property.
<br /> UIVIFO�M COVENAN7'S.Borrower and Ixnder wvenant and agree as foitows: p y when due the --
<br />_ ' . ' ' 1, pagrmeni of Priaclpul and lnterest;r�epayffi�m�►a Late cnarees• B°n°Wer shall prom tt pay ,
<br /> i_ . , principal of and interest onanddln�raa��b�ec�io app!cable la�or io anwrltt n waiverbydLeadere B�orr°wer shali pay to �
<br /> Z.Fcuids for Taxes
<br /> =, " . Lender on the day m hth�P�=Y��°rio ty overthistSecurity�Inst�rumenNns ailien ni he Property;�(b)Year�Y�easQh y PiaY�� ..
<br /> �` and assessments whic y P � (d)Yearly flood lnsurance premiums. _
<br /> '� • � or ground rents on the Ptoperty.if any+:(c)}rearly hazard or property 'nsurance P�le by Bo�rrower to Lender. in a000rdattce with
<br /> �
<br /> ,. . . � : ••;F�. if agiry;(e)Y�ty mortgaga insurance prem�ums. if any:aad (��nsurance�remiums.These itc�s are calted"Escmw Items." ;
<br /> - '••�•��'� '�-t�"`. the rovisions of paragraph 8. �n lieu o�the payment of mortgag P y ;_,;
<br /> ' '.;;';i�• ➢xRder may.at any time, coltece and fiold Funds in an amount not to exoeed the ma�cimum �unt a lender for a fedeuly ,
<br /> ,, . �1 �`'?; �rslated mortgage toan ma}'°�timef�lZ U S�Ce Sec�s� 25Q1t se9�("rRESPA"�7�ess anot'��r Fawlthaa�acedu��� : �:
<br /> ,_r:..,, . �, �,.''ti� t974 as asnended from c+me ;.t:.
<br />_ • ,��`�'^; sets a lessee fanount. If so. Lender may. at any tir.:e. collect and F�o2d Funds ir� ��amount aot to excc�c�:�esser��'w'�_ �'`'
<br /> +� • � . �"'��'"' �R��r malr e`ei-:��te the amount of Funds due on tt:�basis of ct;,rr��aa sn:r�so�'.a�'•e e�rimztes of expen�:'.�:res�f F:..•'e
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<br /> r,_,: Escrow Ite�mr otherwise in accordance wish applicab'.e laa.
<br /> � . . - :o,m aaza a�so -
<br /> � ' NEBRASttA-Singte FamilyPannia MaeiFreQ�e Mac UINIF�t�l1 tNSTRUMEfJT
<br /> . . . � �N��,n97�d VMPMOPTGIIGE FOHMS•13131493-8100�180015Y7�7291 v�,o+o Amonded 8191
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