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<br /> 3J��'�t���`� ��.�� nFF� �� 'I'�tIS'� "" it)6583
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<br /> 'Jli�l;lJ DEED OF TRUS'P l'�5ecancy ins�c�:rlent")is�nade on , Thz�rrt�f��r it :�....•.
<br />, June 15. 1998 . , �r.•
<br /> � �(�i!n.J. Gray and Thereea Gray, ge joinC xenanta � . , � `,
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<br /> ("Borrower"). The tn�stee is Norw�9t Bank Nebraska, National Assoeiatian
<br /> � ("Tn►stee").The beneficiary is Norvest Bank h��raska, Natioual AsAOCiation
<br /> ` .
<br /> whicfh ns�rganizod and exist�ng�r,.ncler the laws of United StAtes of A�erica ,and whose
<br />�;� ��y,;g 202 West 7'hird. Grand Island, HE 68801
<br /> - ,��..�. ("l.enckr").H4rrower owes ixn�kr the pri�CipR!sum of
<br />�) Twenk;° :fiva Thoueand T��roe Hundred Eighty ��our and 91/LOOpo�����U,S. S2S.384.91*k+�• �,
<br /> Thos ��eoi is evidenced by fJair.rower's note datod the �ttm�: date as this Security r�,,trument("Note"), which provides for
<br /> �` montfiiy p�yments,with the fult�clebt. if not paid earlier,due�nd payable on June 15, 2Q13 ,
<br /> This Securiry Insuument securcs to Lender.(a)the repaycr�rit of the debt evid�nced by the Note,wi►h interest,a�id all renewals. •.�
<br /> extensions u►d modifi�tions of the Note; (b) the payment,of all other sums, with interest, advancod under paragraph 7 to '
<br />;� protoGt the security of this Sxnrity Instrument; and (c) thc perfonnance of Bc�rrower's covenants and agranxnts. For this
<br /> purpc��.r, Horrower irrcvacAbly gnnts uxi conv�ys t�Trusta, in trust, with power of sale, tlu following deacribed properfy
<br /> i localccl in Hal l County.Nebrx.tka:
<br /> :fhe Westerly 48.� feet of Lot �. B1ock 42. Ruseel Wheeler'e Addition, City
<br /> ?� .'qf. Grand Ieland� Ilall County� Nebraeka .
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<br /> ,�;`•�. ••� �6iiCh'has the ssidressof 209 Weet 12th Grat►d Island Is�*�,ciha.
<br />.,�.�iy � lVebraska 68803 ("Property Address"):
<br /> •r•'��, . (ZipCodc� ..
<br /> ;� -'•' ':�UGETHER WTfEi�ll the improvements now or 1►�acn.�!er erectod on the propery,and all tasements, appuz�te�nnnces,and
<br /> a� fiu�;U�t,es r�ow or t�rraftsr a pu-t of the property. A!i .e•�,�ilncsments and additions shall also be coverod by �ih,s i�curi�v _ .
<br /> ,t;�,_ lnytcWriknt.All of the fongoing is roferrod tu�in Yhis Socwe'�jc,��3nstrument as the"Property." : , .
<br /> � ','�RROWBR'�JXENA;ITS that BorroK��r is Iaw�n,�SQ3:;�isal of the estate herebp rnmeyod and has the ngt�e t:>�rant a�xk';. �
<br /> �� Siuita'ar:.�'tt�e Property a:n,ci that t!N::�;operty is ut�x�umtw�m�::;;4xcept Cor encumbraRres c�f record. Borrower wuR�Y�ih�nd wil! �: ,
<br /> �), c�:l;�e.n:�t;ac�erafly the titl�tu t�te�f°,s�:�:rarty against all cly6c�ii�srn:���unands,subjoct t�a�p��ats��,:nbrance.a of rocora. . ' �
<br /> ;; . '�C�u�al5 SECURITY INSTRU%�BENT eombEnes unif�i5;�,c+n�v+enants for natiotwl rese�i:rr'��un-uniform mven,u�.ti oY.'.!�� limited
<br /> :`•it v�tiserons by jurisclertion ro constitute a unifomcr,�xruriry i^iurument rnvering r+eal properiy.
<br /> UNIfiORI�4 CO�VENANTS. Honnwer and�P..erxler covcnant and agroc as follows: '
<br />, 1. �ymes�t ot Nrincipl and lnterest; �1rep�ymeot and I.ate Ctwrges. Borrower sC�a�[ �r���rptly pay when due the
<br /> '' prencipal of end interest on tt�e deM evidencod by the Btot.�and any prcpayment:uid lacc cflsrges due t�ncier the Not�_
<br /> 2.Fu�ds for Taxes�nd I�nce. Subject to aqa{�ri.i�cable Inw or to a written eraiver by Lender, Borrowtii- shell pay to
<br /> • t.ct+�cf�-on the day monthly payments are duc urwer tnc tvott,unn�the Note is paid in full,a sum("Func!s")for:(a)yeazly tazes
<br /> uK!askssments.ahich may sstuin priarity ovcr this Security Instrument as a lien on the Praperty;(b)ycarly lcasehold paymeots
<br /> or ground rents c�e ti�e Property, if��y;(cy�+cari'y harard or property insurance pren�iin�ts;(d)yearly flood insuru�ct premiums,
<br /> iP�ty;(e)yearty mortgage inwrance pscnuums. it;tny; �xl (�any sums payable by l3c�n•ower to Lcnder, in accordance with
<br /> d��:����,wisions of paragraph 8,in f;eu uf tl'u:peynu»�ot inurtgage insurance premiu�an. 'Triasc items are c�lled "Escrow ltems."
<br /> i;�»�iGr►►►ay, at any time,cdk�_r nrni hotct Fmnds i�,1 ai7 amnimt rat to ezc�xl the nu�ximum anxwnt a Iender for �►Coderally
<br /> relutixi mongage loan may r�uixc for po��v�ti•cr's ex:m+v account undcr the kderal Real Estate SttNement Procodurcs Act of
<br /> 1974 as arnendtd from tin►c to time, �2 U.S.C. Su:tion 2601 er seq. ("R85PA"), unlcss•rnother lyw tlut appfi�to the Funds
<br /> sets a lesser anxwm. If so, I,rnc3er nwy, at nny time, collect and hold Futxls in�n anwunt not ro cxctat the lessrr amount.
<br /> Lendcr may estimate the amount of Funds due on thc basis of curcent data and rrawnable cstinwtcs of cxperditures of fuwre
<br /> Escrow Items or otherwise in xcontance wi�h applicable law.
<br /> NEOR11iKA•SfnpN F�m11y-F+�m�b MN/Fntklw M�o UNIFORM MIbTRUIMENT �,�����
<br /> �N112T87'MTO vwr�rc.�c,�ro�+�+s•�ai3�soa-e�oo�ieoass,.�29� r�.�o�• : A��1 GH1
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