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<br /> . � �aYVUa�t�ank�lebra�ta,�l.�►. 3�73 Z��c GyS" . : �
<br /> - _ � � �o.eox 3aos 3 DEED O]F TRUST yo�a ..
<br /> � � Qma4�a.Nebrastca 68i0 � -..:.�- .
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<br />, . . .The trustor is � � ``.
<br /> _:.;�'; ` 1'HIS DEED OF TRUST 1"Security Instrument")is made on April 30. 199� �`="t�° �
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<br /> Kirk L. Rellner and Teresa M. Kellner, husband and wife , .
<br /> . . �"Gvrnz�aer"1.The trustee is Norwest Ba:r�: ^��raska., National AssoCiation _•__•-- �,
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<br /> . , • � �"Trustee").Thebeneficiary is Norwest Bank Nebraska. National Association ' • r•��.,�L�.
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<br /> . _ • .and whose --- ... �. :�,
<br /> - ;; `' ::� which is organized and existing urtder the laws of IInited States of Amercia 4�s,•�
<br />_ • ';':.. � ,i• addressis 202 W. 3rd. St. Graad Island, NE •:�'���'�'�`',.�`�
<br /> � ,t � ("l.ender"i. Bormxer owes Lender the ptincipal sum of � '�v� ,�;'.. �;
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<br /> s . f �' Tweaty Thousand Dollars � No�:��� � ollarslU.S.$ 20,d0�.fl0 �, i� �
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<br /> � . �"` Thi.s d�bi i� evidenced by Borrower's rtote az_°d [he �re date as this Securiry InStrument("P:��»'�.which�_*•�?►ides foT , . .
<br /> � mo�thl.:paymentti.with the fuli debt.if nut paid earlier,due znd payable an April 30, 2002 • ";,`��• �.
<br /> � . This Security Instroment secures to Lender:la)the repayment of the debt evidenced by the Note,with t::.�:eat.and a.:zznewals, _ •.,,�::
<br /> '� eac�ensions and modifications of the Note: Ibb�.he payment of all ather sums. with in:erest, adva�� wzder paragraph 7 to �;: ,�� :�
<br /> . protect the security of this Seeurity lactru�ne�� and (c) the perfom�ance aP Borrower's wvenants z.-�� agretments. For this :_. ..�
<br /> • .. �;,';. '� purpase. Borrower irrevocably grant�and conveys to Tntstee. in trust.wiii power o��a.!e. the fa'==•�;'--�g�u ty Nebraska: ' :':;��
<br /> .s. ,',,:�� � lorated in Hall • ,:••-�
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<br /> ' � Lot 4, Morni.ngside Acres Sub�ivision, City of Gr�xd Islan�, Hall Ca,wty, Nebraska ' '".�-_
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<br /> :�'1:' . � 't. -.. THIS DEED OF TRIISY SL'CORES A..'�I OPEN EI3B R�VOL�jG LINE OF CREDIT. ' - �:'�`,
<br /> . ' SEB ATTACHED HOME EQUITY LIb�fi OF CREDIT RIDER. �� '`-��.
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<br /> which has the address of a Isircci.cicyl. , � .
<br /> , � . . 1703 Rio Grande Ci��p pperty�ddre�.�g�nd, .
<br /> ' : . : . Nebraska 68801 ' . .
<br />`' `: �'LipCodcl .
<br />"•-�; . �.t:: ... - ' .� TOGETHER WITH atl the improvemcnh now��r hereafter erected on the property.and all easements,appurtenances,and ' -
<br /> =i'; ;;i;;;�t•: . ftmurc-� now or hereafter a part af the praperty. All replacements and addiuons shaf! also be covered by this Security •
<br /> - � `''``'' . Instrument.All af the fore�ing is referrcd to in this Security ln�trument as the"Propercy." .
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<br /> � � �`'�;� � ' � Jt�. BORROWER COVENANTS that Bormwer is lawfully tieised of Ihe estate hereby canveyed and has ihe right to grant and
<br />���%� ' ''�'.: convey the Property and that the Property ic unencumbeted. except for encumMrances of record. Borrower warrants and will
<br /> ���;'��'�`�'t:'t.`�.,� ' defend generally tho title to the Property against ull claims and demands,subjc�Y to any encumbrances of record. .
<br /> - :•:?�',•,;:'.��;;; ' � THIS SECURiTY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited
<br /> •,1'�;r••' ' variations by jurisdiction ro con.�Qitute a uniform Security instrument covering real propeny.
<br /> � �''"'� ' � UNIFORM COVENAN7'S. Borrower and Lcnder covenant and agree a+follows: �
<br /> � 1. Payment c�f Principal and lnter�st: �repeyment and l.ate Ctnarges. Bonower shall promptly pay when due the . �
<br />_ _ � ' principal of and irterest on the debt evideneed by the Note anJ any prepayment and late charges due under the Note.
<br /> 2. Funds Yor Taxes and lnsurance.5ub,ject to applirabte law or to a written waiver by Lcnder. Bnrruwcr shall pay to
<br /> - i.ender on the day monthly payments are due under the N��te. until thc Note is paid in full,a�um 1'Fundti")for:lal yearly taxes , .
<br />- , and assestiments which may attain priarity ovcr this Security Instrument as a lien on thc Prnperty:Ib)yearly leasehold payments
<br />--'.��' ' � • • or gmund rents on the Properry. if any:(cl yearly ha7ard or property inwnuice premiums;(d►yearly floud intiurance premiums. , . .
<br /> ''� ' . � � if any: Ie!yrarly mortgage in�urance premiums. J any: and �fl any �ums pay:�ble by Borrawer to Lender. in accordance with .
<br /> • - � the provivions of paragr,►ph S. in lieu of Ihe p•ryment of mortgage insurance premiumti.'i'he,e rtrm�are wUeJ "Eticrow Item�." i?
<br /> _ . ' l.ender may. at any time. ci�llect and hold Funds in un amount n�►t to excced �he maaimum amount a Iender ti�r a federally
<br /> - relateci mortgage loan may require for Bnrtnwer's esrn�w a�count under the federal Real Etitate Settlement Pro��lurey Act of
<br /> �' ' 197d a�amendeJ from time to timc. 12 U.S.C. 5ection 26U1 et sry. 1'RESPA"�.unletis another law that applicy u�the Funds ,
<br /> �etti a le�.rer amount. If�o. Lender rtwy. at any timc, cullrct and hu1J Fund. m �n amaunt nut tn erc��vf �he Ieti>er amuunt. .
<br /> � Lender may e�timate the amiwnt ort Fund�due un the ba�i.c,f current Jata anJ rea�otiaMe e�timater of expenditure�of future
<br /> � Eseruw Item�or otherwt.e in urcurdartce�vith applirahlc ia�3. � �
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<br /> • . NEBRASKA•Smgle Fam�ly-Fannte Meeffreddie Mac UNIFOAM INSTHUMENT Form 3028 9l90 • � ,.
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