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<br /> � �:-�'-, Tti[S DEED OF TRUsT t"Security Instrument")is made on May 5, �97 .The t�ustor is '� ':�'sc,._.�-•..'_`
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<br /> � Kenn�tfi_ "_4 �'.ar-ua.Ba and LeAnn M Karmann, gusband and TJife ��.
<br /> . "f,� `•'S.L.�_?s_—__-.�
<br /> . ?.`.,.'� �"B:-r.eower").The trustee� Norwest Bank Nebraska, Natfonal Assaciatiaa �`[.'� � '`-
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<br /> �: • - ("Trustee").The beneficiary is Norwest E�uk Piebraska, �a.t�an�L .a.ssociatiQn �- -�m""
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<br />�:� � s' whicb is organized and eaiuing under ti�.�:av.s uf t)se IInited States cf America •����?�= ;����. '�';:;�;r
<br />���` � � � .;` address is 3404 W 13th St, Grand Island, NE 68$03 �•`''� -�';;;,�
<br /> �•' � <. ("Lender").Borrower owes Lender th�principal sum of `� ::. ;��
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<br /> ' ` �".5` F�fteea thousaad aad no/10^- - --- ------- DollarslU.S.S 15,000.00 1• :
<br /> ' • . � :�f,�; _.._
<br />''ti . � ' ` ., This debt is evidenced by Borrower's note dated the same date as this Security Instsument("Nate"),which provides for f :.:.� .:�,;i;
<br /> • monthly paymenu,with ehe full debt.if nat paid eazlier,due and payable on lyaq 18, 2Q02 • '
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<br /> ,� • . This Security Instrument secures to Lender.ta>the repayment oi the debt evidenced by the iVate,with interest.and s�!renewals, ,;;::_
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<br /> 'f"�� �-�"��--" ��"`--:`::•: extensions and modifications af the Note; Ib)the payment af all nt5cr sums, with interest. advanced under ptua$caph� to `
<br /> � ` protect the security af this Security Instrument: and (c) the perfc�.�ance of Bormwer's covenantc and agreemeats. Far this . �i,
<br /> • •,�` purpose. Eorrower irrevacably granu and tonveys to Trustee, in tru�t, with power of sa1e. the following destehed property • _;y;_
<br /> located in �1 Counri+,Nebraska: � .
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<br /> �,• �"'���%;;� Lot 21, Wester� Heights Faurth Subaivision. City of Grand �_ �' :_.-:.
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<br /> `��sf;; � • Island, Hall Countq, Nebraslca.
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<br /> ` . `� which has the address of 4250 Branding Irnu Ct, Grand Island lsnee�.Ciiy�. .; ..
<br />= • � . � ' Nebraska 68803 t"Ptopeny Address"): ` . ' � .
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<br /> . ,. � ° �Zip Cudel
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<br />_>; . -� � • � 7'pGLtH�R Wi7'H ail the imPns•�ements now vr hereafter erected on the property.and all easements,appurtenances.and ° ';:
<br />'�.,'' � ' fixtures now or 6ereaftEr a pan of the property. All replucements and udditions shall also be covered by this Security . �
<br /> � � ' instrument.All of the fnregning is referred to in this Security Instrument ns tha'Property." �� .`
<br /> " , ` BORROWER COVEPIANTS that Sorrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br /> -- "� r convey the ilmperty and that the Property is unencumbered. ezcept for encumhran�ec of record. 6ormwer warrants arui wili ��
<br /> - . ''�t� defend generaiiy the title to the Pmperty agaimt all elaims and dems�nds.subjocK to any encumbrances of record. �., . .
<br /> . THIS SECURITY 1N5'TRUMENT combinus nniform covenant�.for trational u,,e and non•unifurm covenants wiib limited � � � ,
<br />_`�,. � variations by juris diction to rnnstitute a uni fi�rnt xecuri ty in�trumen t rnverin g t Y a l p rope r ty. ;
<br />_ � UNIFORM COVENANTS.Botrotiver and L.ender covenant and agree as foitows: .
<br /> ' . . 1. Payment of Principal aad Interest; Prepayment and l.ate Charges. Horrower shalt promptly pay when due the
<br /> prirtcipa!of mui interest on thc dcM cvidcn�i by tho Noto and r�ny pi+epayment und late charges due under the Note. �
<br /> . . 2. Funds Por'f'ares and lnsurance. Suhjoct to appli�blo laiv or ta a written waiver by Lcndcr. Bnm>wer shall pay to . .
<br /> • " • . � Lender on the day momhly payments are due under the Note.until thu Notc is paid in full.a sum("Funds")for. (a)yrarly taaces .
<br />- • , ' and acsecsments which may anuin prioriry over�hi�.St�curity intitrument 3i a lien on the Property: Ib)yeariy leasehald payments . � �
<br /> ' or ground rentti an the Propeny.if any:Ic1 yr.trly tu�ard or pmparty insurancr pmmiums:�d�yearty flood insurance premiums. . .
<br /> ' . if any; lel yearly mongage in>uran�r premium�. if any: artcl(Il any sums payable by Burn�wer to Lender, in:t�rordance with _ .
<br />:_ ., • � the pra�•isiont of paragrapb$, in lieu uf tho p�yment of martguFa insurance premium�.These items;ue called"E�crow Items.' . .
<br /> " Lender may. at any time, a.ltecl :u�d hold �utuls�in un amnunt not to exceed the mu�mum amaunt a lender for a federally
<br /> . related mortgage lo:u�m:�y require for &�m�u�:r s eu:roa•ac�vunt under the federal Rc�l E�tate 5elUenient Procedures Act of �
<br /> ,.�: .' � 1974 as amended frum timc to timc. 12 U.5.C. Section ?fitll e�.sey. �'RESPA'�, unlc.�another law that appli��t��the Funds , • �
<br /> � • �ets a le�ser amuunt. (f so. Len�ler may, at an���lfmo. roltC:t and h��►d Funds in an :unount nut tu cxcectii the le.ser amoant. •
<br /> " . � Lender may e�tim:ite thc amounl��f Funds due on thc ba�is of cunent dats:inJ rea.,un:ihle e�um:►te+uf expeaditure�uf future ti
<br /> � �- �'___�._, _._ Exmw Item.�tr uthen4i�in uuonian��with applicable lacs. •
<br /> } • NEBRASNA-Smg!e Fam.�y.Fennte Maeifteddls Mac UNIFOAM INSTRUMENT fomr 3028 9190 � �-
<br /> -. ,i;�' �3NI 12T97 MTO ..+v.�oa-r,ase oca•.�s ��rzQa s•ao -eeo s�• �z�� ... :�� AtrxrtQed 5�91 � �
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