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<br /> 2aao DE�ED OF TRUST g 1 ll-�� �/ 8 y �
<br /> PO�ox NE 68103 �(a�e �
<br /> Omaha� �•�p
<br /> .The trustor is
<br /> THIS DEED OF TRUST("Security Instrumene")is made on Au g ua t 2 2� 19 9 7
<br /> Scott A. Broera and Kathleen G. Broera, huabaad and wife
<br /> (^Borrower").Thetrustce is Norwest Bank Nebraska, National Asaociation
<br /> ("Trustee")•Thebeneficiaryis Norwest Bank Idebraska, National Aaeociation .
<br /> which is organized and existing under the laws of U n i t e d 5 t a t e s o f Ame r i c a
<br /> .and whose
<br /> addressis 2p2 West Third Grand Ielanal, NE 68801
<br /> ("Lender"). Borrower owes I.ender the principal sum of
<br /> Eleven Thausand F•ight Hundred Foxty four&no/100DoUaxs(U.S. $ 11, 844.00 )•
<br /> This debt js evidenced by Borrower's note dated the same date as this Secudty Instrument("1�1�te"), which provides for
<br /> monthly paymenta,with the full debt,if not id earlier,due and payable on A u t 16 QO 2 '
<br /> � and all renewals.
<br /> This Securiry Inswment secures to Lender:�the repayment of the debt evidence��y t�ie Note.'wit �nterest,
<br /> eatensions und modifications ai the Note; (b)the paymenc of all other sums, with interest, advanoed under P�F�P� � �a
<br /> pmtect the security of this Security Instrument; and (c) the performance of Borrower's covennnts and agreements. For this
<br /> purpose, Bocrowet imevocably grants:uid wnveys to Trustec, in tnsst, �ti�ith power�f cale, the followin{t C ntyb0.Nebrasica: �
<br /> locuted in �all
<br /> Lot 11., Farmington Subdivisiaa, City of Grand Islamd, Hall County,
<br /> Nebraska.
<br /> whichhastheaddressof 1810 Spring Rd. Grand Island
<br /> �svu�.c�ry�.
<br /> Nebraska 6 g g O 1 ("ProPe�3,Address"):
<br /> �Zip CadeJ
<br /> TOGETHBR WITH�Il the improvements now or hereafter erected on the property,and a�1 eusements, appurtenances.and
<br /> fixtures now or hercafter a part of the property. All repls►cements and additions shall also be covcreJ by this Security
<br /> Instrument.A!l of che foregoing�s referred to in th�s Security Instrument as the"Property."
<br /> BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br /> convey the Pcoperty and that the Properry is unencumbered. except for encumbrances of reCOrd. Borrower Narrants and will
<br /> defend generally the title to the Propeny agamst all claims and demands,subjert to any encumbrances of record.
<br /> THIS SECURITY INSTRUMENT combines uniforni covenants for national use and non-uniform covenants with limittd
<br /> vuriations by jurisdiction to constitute a uniform security instrument covering reul propercy.
<br /> UNIFORM COVENANTS. Borrower and L.ender covenant und agree as folluws:
<br /> 1. Payment of Princfpal and Interest; Prepayment and Late Ctu�rges. Borrowcr shull prornptly pay when due the
<br /> principal of and intercst on the debt evidenced by the Note and any prepayment and late chazges due under the Note.
<br /> 2. F�nds for Taxes and Intiurance. Subject to applicable law or to a written waiver by L.ender,Borrower shaU pay to
<br /> _�.,.._.....,e..,.o wr,.ta ��ntil thr Nnte ic uaid in full.a sum("Funds")for: (a)yearly taxes
<br /> • I.ender on ttte day moniniy puyiiica�s a��..�..�.•��•••�•.--• -•'•-- °--
<br /> and asscssments which muy s�tta�n priority ovcr this Security Instrument as a lien on the Property; (b)ycarly leaschold payments
<br /> or ground rents on the Properey, if any; (c)�+early hazard or property msurance pmmiums:(d)yearly flood insurance premiums.
<br /> if any; (e)yeariy mottgage insurunce premwms, if any: And (�any sums payable by Borrower to Lc:nder, in accorciance with
<br /> the prcwisions of parugraph S,in Iicu of the payment of martguge insurnnce premiums.These iterns are callai "Escrow Items."
<br /> -- Lendcr may. at any time, collect and hold �unds in an amount not to exceed the muximum amount a lender for a fedcrally
<br /> related mortgage loan may requim for Borrower's escrow account under the federal Re:il Estate Settiement Procedures Act of
<br /> — 1974 as umendcd from time to Umc, l2 U.S.C. Scction 2601 et seq, ("RESPA"),unlest another law that applies to thP Funds
<br /> xts a lesser amount. If so. I.ender may, ut any time, collect und hold Funds in an amount not to exceed the lesscr amouttt.
<br /> Lendcr may estimate the nmount of Funds dac on thc basis of current data and reasonablc estimates of expendimres of future
<br /> �, Bscruw Items or othcrwisc in accordancc with applicablc law.
<br /> NEBRASKA•Singie Femlly�f�nnle Maalfreddb Mao UNIFORM INSTRUMENT Form 3028 8/90
<br /> �NI 12T97 MT� VMP MOf�TOA6E FONMS C!1�1783 6�00 �BOOIG21 �781 voue�o�a pm�nd�d 6l91
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