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<br /> �o.�x� DEED OF TRUST � � ;
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<br /> �.�•�� • TtttS DEED OF TRUST("Security tastrument")is made on May 2, 1997 .The tnistor is ��`�==__°
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<br /> % � . ' ' S.�z�.a T. O'Connor aad Diane R. 0•Co�or, husband and wife �� _ ,. K� L-
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<br />;".-.�_" � . y:'` ("Borrower"i. Thetruueeis Noiwest Bank Nebraska, Natfonal Association - "�'��:�� -�°�'
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<br /> • � :�,�,�,� ("Tnutee"�.Thebeneficiary is Noraest Bank Nebraska, 1Va.tional Associat�i�a :�:''. ''��"�`-
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<br /> t. '. , � �<; which is organized and existing under the laws oF IInited States af A�rica .a�whose -< �-�R=:
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<br /> ;.r addres�i� 202 W. 3rd. St., Grand Island, Nebraska . -
<br /> ,,.� ,.. - ("L.ender").SonoKer owes Ler.�er�,he p��a�sum of �-
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<br /> �::� ' • � Thirty-two thousand five hundred fifty-one a.�3 SS/100----flollars(U.S.$ 32,551.55 ). =--_
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<br /> ��;�� .• This debt is evidencat by Barrower's note dated the sarne date as this Security Instrument("Not,a"�_a-hich provides for ��:"��—
<br /> ��..�.,��. manthly paymenu,vr2:h ahc full debt,i£nns paid eurlier,due and payable o�a May 15, 2002 • '..�'':t�,p-
<br /> �' •'"• This Security instrument secures tn�nder:(a)the repaymeat of the debt evidenced by the Note,with incer�t.and all renewais. r--
<br /> ��f %�`:.��'.��,' eatensions and madificarioas of the i�ote: Ib> the payment af all other sums. with interest, advanced under paragtaph 7 to , �".� �";f j:,�,':
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<br /> �:':�. .. ' ':.�t••�:'�,: pratect the secariry of this Security Instrument: and (c► the performance of Borrower's covenants and ag+eements_ �ar this �� : ,�$,�'�
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<br /> '� � � purpose, Borrower irrevocably granu and conveys to Ttustee, in trust,with pmver of sale, the folloa-�r�describe� property . • . •,�i�
<br /> R f , . located in Hall Eounty.Nebraska: • �,���.
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<br /> � , . � See Exhib3t A �
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<br /> ;`�,•, '''� ' which has thc address of 8463 N. Nebraska Hwq 11, Cairo •�-';� ` .
<br />"�'_`' .•. , '. . .. . Nebrastta 65824 ("Property Address"): .
<br /> •�� _ �?.ip Codc I .
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<br /> r�,;. ' TOGETHER WITH aU the improvements now or hereafter erected on the property.and all easem�s,appurtenances.and
<br /> � fixtures now or Itec�t'ter a part of the properry. All reptacements and additions shall also be o�+ered by this Secnriry • ,
<br /> ��''' ' Instrument.All of t'r.e foregoing i9 referted to in this Security Inurument as the"Property." � ` �
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<br /> �. r •r�;�r',;,.• �`•y' SOiiROWER COVENAN'I'S ahat Borrawer is lawfully seised of the estate hereby coaveyed and has thc right to grant and ''.;fi;?;��,�,� ,..:
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<br /> :�,;,,.- ,. convey the Pmperty and ths�t the Praperty ir uneneumbered. except far encumbrancea o�c�ro�l. Borrower warranG4 and wilt ���,�ts;•:{;:•;,:
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<br /> �� �� defend generally the titla ta�he Property against al!cluims und demands.subject[o any encumbrances of record. ,`�S���':'� .:
<br /> �` ' � THfS SECUR81'Y INSTRUMENT combin�uniform covenants for nntiunal use and non-unifo:rr c�ovenants with limited .. •
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<br /> vaaatiuns by jurisdutiun to cnns�itute a unifarm s�curity inatrument covenng reul property• '
<br />���'_;:� . � UNIFORM COVENANTS.Borrowcr and Lender cuvenant and agree a�follows: _ .
<br /> �•..� � ' • ' 1. Pay�ent oi Principal and lnterest: Prepayment and late Chsirgec. Borrower shall promptly pay when due the ,
<br />�: ' � principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. .. ,
<br /> � 2, Funds tor Toxes and Insurance.Subjcct ta appliwble law or to a written waiver by Lender. Borrower shall pay to
<br /> ��. � `� Lender on the day momhly payments are duc under the Note,until thc Notc is paid in full,a sum 1"Funds"1 fnr:la)yearly taxes � • . � �
<br /> '�; � � and;usessments which may sttain pnority over this Se�:uriry In�trumcnt a�a lirn on the Properry:(b)yearly teasehald payments ••
<br /> -�-_ � nr ground rents on the Property.if any:tc)ye�arly harard or property insur.�nce premiums;ld)yearly fload insurance premiums. • -�-•
<br />�• '� ;: if any: Iel yearly mortgage�nsurance premiums. �f:my: and�fl any sums payable by Borrower to Lender.in accordance with
<br /> � ',` _ the provisions of paragraph S. in lieu oi the p�yment ai martgage imurai�cc premiums.These items ate called "Escruw Iterr+s." ,, ,.
<br /> �''- l.ender may. at any time.collect and hold Funds in an s�nwunt nut w exceed ihe maximum amount a Icnder for a federaUy
<br /> .�� ' � � � � related mortgage luan m�y require for Bonower'+escrow accuunt under the Federal Real Estate Seulement Pmcedures Act of ' .
<br /> �; �, 1974 as amendec! from time to time. 12 U.5.0 Section 2601 et se�y. 1'RESPA"►,unleas another law that applie+ta the Funds .
<br /> � • sets a le+ser ami�ant. If sn. Lender may. at any time, culle�.K and hold Funds in asn �un��unt r+��t to excred the Ie�ser amouat.
<br /> Y�,�� . � Lendcr may e�timatc the amuunt of Funds due on the b:�tiis ai currem data and reasonable c+tim:ites uf exPenditures of future �
<br /> k .. � Fscro�v ttems��r othcrwisc in auord:u�ce with applicablc law. .
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<br /> , NEBRA$I<A•Smg�e FomdyFannte Mae�FrodNe Mac UNIFOAM INSTRUMENT Form 3028 9l90
<br /> _. _. . . �H1 12T97 MT(i .a�r xaarcast ronras '3�3'T93 H+90 N(N�.57> »q� va�,��a . Amertdad Sr91 -
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