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<br /> ,,Q�Norwest Bank Nebroska� N.A. D �'I�i<�-�9 9'a,G �j `�
<br /> Po.aox� EED OF Tf�UST y��o a
<br /> Qm�hi,Nebr�sk� 68103 \
<br /> 0
<br /> THIS DEED OF TRUST("Security Instrument")is made on June 9, 1997 . The trustor is
<br /> Sam W. Rouse and Lisa A. Rouae, husband and wife
<br /> ("Borrower").The trustee is Narwest Bank Nebraska National Aeaociation
<br /> ("Trustee"),The beneficiary is Norwest Bank Nebraska National Aaeociation �
<br /> which is organized and existing under the laws af United States Of America ,und whose
<br /> oddress is 3404 West 13th St. Grand Island, NE
<br /> (-i.ender). borrower owes I.ender�he principuf sum oi
<br /> Eight thoueand f.iv�e hundred 6 no/100-------�--------bollars(U.S.S 8.500�00 ).
<br /> 'fhis dcbt is evidcnced by Borrower's note deted the r,amc dutc as this Securlty Instrument("Notc"), which providcs for
<br /> monthly pryrnrnts. �vith tha full debt,if nut paid earUer,due und payable on 6/20/20A1 •
<br /> This Security Instrume�t sccures to I.endcr: (a)thc repayment oY the debt evldencod by the Note,with intenst,and all rcnewale,
<br /> extensions and �m�dffications af the Note: (b) thc payment of all other sums, with interest, advancai under parugreph 7 to
<br /> protect the security of this Security lnstrument; nnd (c) the perforn�ance of Bonower's covenants and agreements. For thls
<br /> purpose. Borrower inevocably grants and conveys to Trustee, in trust. with power of snle, the following described properry
<br /> located in Hall County,Nebraska:
<br /> Beginaing at a poiat 379 feet Eaat of the Southvest Corner of the SE 1/4 of Section 5,
<br /> ia Township 9 North. Range 9 West of the 6th P.M., in Ha11 County, Nebraeka, (said goint
<br /> beix�g also the Southeast corner of Lot 3 of the County Subdivieion of part of the S 1/2
<br /> of Section 5, in Torraohip 9 North. Range 9 Weat of thte 6th P.M.. in Hall County. Nebzaska),
<br /> runuing thence North 192 feet along the Eaet line of said Lot 3 and up to the South line
<br /> of the Madeline Fry Addition to Doniphaa, thence East 75 feet along eaid South line, thence
<br /> 192 feek to the Section line, and thence West 75 feet alonfi eaid Section line, to the
<br /> piace of begiun�.ng� in Hall County. Nebraska �
<br /> which has the address of 110 E. Pine St. Doniphan �5���•��ri1�
<br /> Nebraska 68832 ("Property Address");
<br /> (Z.ip Codc�
<br /> 5
<br />' TOGETHER WITH all the improvements now or hereafter erectad on the property.and nll casements,appurtenances,und
<br /> � fixtures now or horcafter a pan of the proPerty. All nplacements and udditions shall also be covered by this Securiry
<br /> Instrument.All of the foregoing is roferre�to m this Security Instrument as the "Property."
<br /> HORROWER COVENANTS that Bonower Is lawfully scised of the estate hereby conveyed and has the right to gmnt and
<br /> convey the Pr�peny and that tlio Property is unencumbered, except for encumbrances of record. B�rrower warrants and will
<br /> defcnd gcncrally thc title to the PropciYy against all claims and demnnds,subject to any encumbrances of record.
<br /> • THIS SECURITY iNSTRUMENT combines uniform covenants for national use a�xl non-uniform covenants with limital
<br /> , variations by jurisdiction to constitute u uniform sa:urity instrument covering renl property.
<br /> , UNCFORM COVENANTS.Bottowcr and Lendcr covenant and ugrec as follows:
<br /> 1. 1'ayment ot Principal pnd Interest; PrepAyment and Ls►te Cbarges. Bonower shall promptly pay whcn due the
<br /> principxl of nnd interest on the debt evidenced by thc Note nnd nny prepayment and late cnarges due under the Note.
<br /> 2. !�`unds for 1'wxes and insurAnce. Subject to upplicAble law or to u written wuiver by Lender, 13orrower shall pay to
<br /> ; Lender on the duy monthly paymcnts arc duc under the Notc, until the Note is paid in full,a sum("Funds")for:(a)ycarly tuxes
<br />, and asscssmcnts which may uttain priority ovcr this Security Instrument ns u lien on the Property;(b)yearly leasehold payments
<br /> or ground rents on the Property,if uny;(c)yearly haznrd or property insurunce prcmiums;(d)ycarly flood insurnnce premiums,
<br /> if any;(e)yearly mortgage insurance prem�ums, if any; and (�any sums payablc by Borrower to Lender, in accordance with
<br /> thc provisions of paragraph 8, in lieu of thc payment of mortgage insurance premiums.These items urc c;illed "Escrow Items." __
<br /> Lender may, at uny time, collect und hold Funds in an amount not to exceed the maximum amount a lender for a federally
<br /> related mortgage Ioan may roquire for Borrower's escrow uccount uncier the federul Reul Estate Settlement Procedures Act of
<br /> 1974 as amended from time to time, t2 U.S.C. Section 2601 er srq. ("RESPA"), unless nnother law that applies to the Funds
<br /> scts a lesscr e�mount. If so. Lender may, at any timc, collect and huld Punds in an amount not to excced thc lesser umount. _
<br /> Lendcr may estimate the amount of Punds duc on thc basis of current dutn nnd reasonable estimates of cxpenditures of future —°
<br /> �scrow Items or utherwise in accordance with npplicablc law.
<br /> NEBRA6KA•Slnple Family-Fannl�Mee/Freddle Mao UNiFORM iNSTRUMENT Form 3028 9/80
<br /> �NI 12T97 MTfi VMP MORTOAQE FUHMS•1313)193•8100•18001621-7291 Pego i ol 4 Q'� r d 6/91
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