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� _ . _ _--- - � �' -------...�.�L.�.�..--- '�a:�v_.,.L,:.�.:--�-__--- - . � � Q m �n � � C � U � e;� V o -Ni n'1 .0 � � � � i � �� ._� !� r�+ -ss � r" ;1;� f►�1 '" ►-+ ° °" r � � �+ ° � �! O ;� ` ( x m �"''.� "TJ � , ��`. � � w C7 p �-"1 rn n 3 i— y -.7� � �� ~ � � � � � � � 2 ! [S{wcs Ahove'[fiis Llne For Rcrording De�l DEED OF TRUST 8�'y�2��8y� 9-? PO�ox 244p l.�a (a � �maha, NE 68103 r�,�� THIS DEED OF TRUS'f("Sccurity Instrument") is mpdc on 9eptembar 2, 1591 , Thc trustor is Kenneth L. OGto and Aonna M. Otto, huaband and aife ("&�rn►wcr"1.'fl�ctru�tecix Nnrw�pt annk Nebraska N+�tional A��ocla�tiun ("TruFtec").Thel►cne�c��rYis porwe�t Bank Nebraska National A�sociaton � whtch is orYanii,ed und cxisting under thc laws uf Unite d S tates of Amer ica .and whose ��gsi� 202 Weet Third Street Grand Island. N� b88aI ° ("Lender").Borrower owes Lencier the principul sum of Forty One•Thouaand Five Hundred Ninety Four and 65/100--po��U.S. S 41 594.65 �' This debt is evidenced by Borcower's note dated the same date as this Secudty Instiument("I�ote").which provides for monthly payments,with the full debt,if not paid earlier,due and puyable on Auguet 25, 20Q2 This Securlry Instrument secures to I.ender:(a)che repayment of the debt evidenced by the Note.with interest.and al�renew�ls• extensions and modifications of the Note; (b) tl�e payment of all uther sums, with interat, advunced under parx8reph 7 to protect the security of this Sxurity Instntment: ancl (c) the performance of Barrower's covenants and agreements• For this purpose� Borrower irrevocably granGs snd conveys to Trustce. in trust. wlth power of sala the following County Neb�a� locatal in gall �. Lot 4 and the North 10 feet of Lot 3� Geer Subdivis3on. C�ty o£ Grand Island, Hall County, Nebraske. �S1net.Ciryl. whichhastheaddrcssof Sg6 g. 20th Grapd Island Nebruska 6 g g O 1 ('Property Address"); ('Llp codc� TOGETNER WITH all the improvements now ar hecwfter erected on the property. and a1l easements.apnurtenances.atid fixtu��es now on c�rc:►fter a purt of the pro�erty. All replaccments :md edditions shall also be covered by this Security Instrument. All of the foregoing is referrcd to�n this Securiry Instrumcnt es thc"Propeny." BORROWER COVBNANTS that Bonowcr is lawfully seised of thc estate hcreby conveyed und has the right to grant nnd amvey the Property aixl that the Property is �nencumbered. except for encumbrances of rccord. Borrower warrunts nnd will doFenid generelly the title to the Property aga�nst all claims ond demu�xia,subject to any encumt+rances of record• THI5 SECURITY INSTRUM6NT cambines uniform covenantn for nationul use und non•uniform covenants with limited varlationa by Jurisdiction to rdnstitutc�uniform security instrument wvering reul prx�pert�r, UNIFORM COVBNANTS.Bormwer und Lendtr cavenant and agrce ac f�llows: Wh�n due the 1. 1'aymcnt of Principal and Interesh PrepAYment And Late Chprges. Bottov�+er shail promptly pay . _�__s,�___.......,,..,�oti�p.,i��,Kl hv ehc Note und unv ntepayment and late charges due under thc Note. L_�� _ - prirn:ip 1u vt mn,n.u.,.m.........�---•------- - Ya:j.v Z. Funds[or Taxey And Ynsuranee. Subfect to uppl(cnblc law or to a written waivcr ey i.ender,��w�� "�rl tuxes Lendcr on the duy monthly payments are duc uexicr thc Note,un�tl thc Note is pald In full,a rum("Funds")for: (u)y Y and assessments�vhich may attuin priodty over this Securiry Instrument as a licn on tl�c Property;(b)ye:irly lensehold paymcnts or ground rents on the Pmperty.if any;(c)yearly hazard or property insurancc premiums:(d) ycarly flood insurunce premiums. — if any: (e)ycarly mortgage insurnncc pmm►ums, if any: and (�uny sums payuble by Borrower to Lender, in accurdance with the prdvisions of parugruph 8. in lieu of the payment of mortgage insurnnce premiums.'I'hese items are ca11W "Escrow [tema." i,ender may, at any time, collect und hold Funds in an amount not to exceed the maximu�ti amount e lender for a federully related monguge toan may rec{uire far Borrower's escrow account under the federnl Reul�state Settlement Procedures Act of 1974 As nmcnded from time to time, 12 U.S.C.Section 2601 er ceq. ("RLSPA"), unless another luw that upplies to thc Funds � sets n Iesser amount. If so, l.ei�der may, ut any time, collec�t and hold �unds in an amount not to exceed the Iesscr amount. � i.ender may estimatc the amount of Funds duc on the basis �f current data and reasonable estimates of expenditures of futurc Escrnw Items or othcrwise in uccordance with upplicable law. , NEBRAbKA-Single FamllyFanni�Ma�IFnddl�M�a UNIFORM INSTRUMENT Form 3028 8180 �NI 12T97 MTa VMP MOpTGA6E FOpMS 13131Y99•8100 1800�G21)IB 1 vea��of e .ArtNnd�d 6181 �1'� � . . . . . _ . . _ ... ...