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<br /> (Spacs Abov�This Lln• For R�cordiny DataJ
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST ("Security Instrument") is made on M8 15th 1998 . The trustor
<br /> is DALLAS T KIME AND CARMEN M KIME . HUSBAND AND WIF
<br /> ("Borrower").
<br /> The trustee is UNITED NEBRASKA BANK 700 N WEBB ROAD GRAND ISLAND NEBRASKA 68803
<br /> ("Trustee").
<br /> The beneficiary is UNITED NEBRASKA BANK
<br /> which is organiaed and existing under the laws of NEBRASKA , and whose address
<br /> is 700 N. WEBB RD. GRAND ISLAND, NE 68803 (^�ender^).
<br /> sorrower owes �ender cne principa� sum or One Hundred Sixteen Thousand and 00/100
<br /> Dollers (U.S.$ 116.000.00). This debt is evidenced by Borrower's note dated the
<br /> same date as this Secur'ity Instrument ("Note"), which provides for monthy payments, with the tull debt, if not paid earlier, due and
<br /> payable on June 1. 2028 . This Securky Instrument secures to Lender: (a) the repayment of the debt evidenced
<br /> by the Note, with interest, and all renewals, extensions and mod'rfications of the Note; (b) the payment of all other sums, with interest,
<br /> advanced under paragraph 7 to protect the security of this Secur'ity Instrument; and (c) the performance of Borrower's covenants and
<br /> agreements. For this purpose, Borrower irrevocaby grants and conveys to Trustee, in trust, wkh power oi sale, the foliowing descr�ed
<br /> property located in HALL Counry, Nebraska:
<br /> SEE EXHIBIT "A"
<br /> which has the address oi 1803 W CHARLES . , GRAND ISLAND ,
<br /> 8trset qty
<br /> Nebraska 68803 ("Property Address");
<br /> Zlp Cods
<br /> TOGETHER WITH all improvements now or hereafter erected on the property, and all easements, appurtenances, and fbctures now
<br /> or hereafter a part of the property. Ali replacements and addkions shall be covered by this Securlty Instrument. All of the foregoing is
<br /> referred to in this Security Instrument as the "Property."
<br /> BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey
<br /> the Property and that the Property is unencumbared, except for encumbrances of record. Borrower warrants and will defend generaily
<br /> the title to the Property against all claims and demands, subject to any encumbrances of record.
<br /> THIS SECURITY INSTRUMENT combines uniform covenents for nationai use and non-un'rform covenants with limited varietions by
<br /> jurisdiction to constitute a unffoRn security nstrument covering real property.
<br /> UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br /> 1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay wnen due
<br /> the principal ot and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br /> 2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to
<br /> Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ("Funds") for. (a) yearly taxes and
<br /> assessments which may attain priority over this Security Instrument as a lien on the Proparty; (b) yearly leasehold payments or ground
<br /> rents on the Property, H any; (c) yearly hazard or property insurance premiums; (d) yearly flood insurance premiums, if any; (e) yearly
<br /> mortgage insurance premiums, H any; and (f) any sums payable by Borrower to Lender, in accordance wkh the provisions of paragraph
<br /> 8, � lieu of the payment of mortgage insurance premiums. These Rems are called "Escrow Items." Lender may, at any time, collect
<br /> and hold Funds in an amount not to exceed the maximum amount a lender for a federaliy retated mortgage loan may require for
<br /> NEBRASKA-Si�gle Family-Fannle Ma�/Fr�ddi� Mac UNIFORM IN9TRUMENT Form 3028 9/BO
<br /> Ft029.LMa(10/B7) Paye 1 ot 5
<br />
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