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<br /> ±,:... . . La�oy C. aad t�arcella A. Peytorc, Susband and•Tr7�fe
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<br /> ��'. � (Borrower").Tha trustee is Rorwest Baak NebrasEca, National Assoeiatiozl . �
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<br /> • ('Trustee").'[�e benefciary;s NosFrast Baak Nebraska, Nationel Aesocsatioa
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<br /> ` � wdicb is or�anize¢t�nd exisdng under the laws of the Uaited Statea of America � •��0� �
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<br /> � ��`; ��'a 3404 W. 13th Street. Grand Island, Nebras1_� �
<br /> _';��, .°. . -(—�:ender ).Bmrower omea Lender the prindpa!sam of
<br /> ,�� ii`°� ��� Fi�fteea thousaad four hundred eig�ty. trao aad 67/10�-----DaUars N•S•� 15,482.67 )•
<br /> ' � Tbis debt is evidenced by Earrower's aote dated tha same date as this Securiry Instnunent("1Vote"),w6icb pmvides for
<br /> � '_ • ' ' morrthly payments,with the full debt.if not paid earlier.due aad payable on July 10, 2005 • _
<br /> � , This Set�riry Insuumcut seames to Leader:(a)the r�gaYment of th$debt evidenced by the Note.with interest,and all renewala. . _
<br /> • .`�,.' extensians sud modi8rations of ttte Note.(b)We paS'm�t of all other sums. witb irtterest,edvanced uadea paragrnpb 7 to
<br /> . �.., protect the security of dz€s Security Instrument: and (e)the perfom�ance of 8orcower's oovenaats and ag��ements. For this
<br />_ , . Ptupose. Bosrawer irrevacably grauts and oonveys c�¢'fnsstee.in uns1, with Fower of sale. the foltowing�,�Ne��:
<br /> ,°;� Iocated in Hall
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<br /> ;,-:'.� . ���a4o� 4, Block �, �esterhof f°a Seco�;.�ubdirrlsioi�; Citg o£ Graad Island,
<br /> `� ; _ :HaI�. Couaty, N��aska. •� " ,
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<br /> .. whichhas�tiieaddressuf`'��004 4r. lith Street, Grand Island � t��'��'���`�:�� '
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<br /> � .; ' , Nebraska 68803 ("Propeny Address'y; ' .. .•
<br /> .� �zi��y � -
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<br /> ,;:.;�%b;y;. TOGET��R.WITti all tha improvemeats now or hereafter en�cted on the property,and ell easemer►ts,ap�urtenances,arW °
<br /> � �'1�"' � � flxtiues now or heleaftor�a part of the pi»perty. All replaoements and addit�ons shull�aisa be covered by ttila Security
<br /> .� ,;' , . ' 1nst:ument.Ali of iha foruga�ng is referred to in this Sacurity Instrument av tha"AajsenS►,"
<br /> BORROWER C01/�PIANTS that�omawer ta tsiwfully selsed of the estaut�hemby oonveyed and has tha rig6t to grant and
<br /> � ' carney the Property and that the Froperty is uaencombere0,eacept for enwmbhtnces of m,cord. Borrower warrants and wW'.
<br /> '� �: .� defend generelty the titte tv the Property against ell claims and demrmds. sub}ect to aay encumDrances of reoord.
<br /> . •-;::. .;: ', 7'NIS SECURITY INSTRUMENT oombines uniform covenants for national use and non-uniform wvenants wIth limited
<br /> • `-' � variations isy jw�lsdiction to consriwte a unlform security instrument oovedng real propeny.
<br /> - �� � ' llNIFORM COV�NANTS.Borrower and Lender covenant and agree as foltows: a when duc ths
<br /> • .' ' � • � 1, Payment o!Priacipa!and Intee�est; Prepayment and Late C9at�es. Borcower shall promptly p y ;
<br /> _ . princ�pal of and interest on the debt evidenceA by the IVote and noy prepayment and tate charges due un�der the Note.
<br /> . , ,� . Z. �m4s for Taxe�c�nd IOSUrance.Subject to applicable taw or to a written waiver�by Lender.Borrower shdllllppy to
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<br /> � Lender on the day montlily paymentg ate due under the Note.until the Note is paid in full�i a som("Funds")for.(a)year3�t tanes
<br /> ' - • and assessments wh4oh m�►y att�n priority over this Seairity Insrrument as a lion oa tha Prapetty;(b?Y�Y leasehold Qaymeats
<br /> _ ,, or ground rents on the Ptoperty.if eny:(c)Y��Y��m P�Perty iasuranos�pttsmmiums;(d>Yearty flood insutance preminms,
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<br /> - • � if any:(e)Yearly mnrt;age insurance premiums.iF any:and(fl any sus�s pu�rs}utd�by Bprrower to Lender,in accordance wlth ' .
<br /> ' - - -.''. the pravisiuns of p�p�8.i»tieu of the payment•of mortgage insurance�.,°miums.77iese items are called"Escrow It�onv:". .
<br /> � ' ,.����Y i:',� � ' Leader�ay.at any r�e. collect and hold Fuads in an arnonnt not to eacee►�ehe maxlmum amaunt a tender for a f�dbrnllyr�.
<br /> :��'�"��'�'�t re for Borcower's escrow aceouat under f�e ic�eral Reat Estate Settlement Proce�lu�..a��A.,�t��'
<br /> :sri,;:�u�;�, related mortga�e laaa.�ay req�ci E e
<br /> _ . .. . ��r.;�,�}'' � 1974 es amende�t fmm r,�me to dme. 12 U.5.C.&e,ction 2601 a seq.("R�Sk'A").unless tsnother law that applies to tit��
<br /> _ nd
<br /> ' s eu a tesser amouni. �E so.Lender may.at any tuz�e,Foilect and hold�Fuo�:s�in an amount not to e�tt�e Lesser gmaum.
<br /> -_ � = Lender may estimate tit�amouns of Funds due or�t�e 6asis of current dam u�reasonable estimates of�ndinur,�of future
<br /> _ � Escrow Items orotherwrise in accordanc�e with ap�Tzs:abte law. . � .
<br /> � a _ -- �14lE8AA5E(ASingie F�miiY�aMlo Pda3lFtaQdl0ldu61i:4'["vORM IN$TRUMEIYT. FIItt,(t 3�28 9180
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