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<br /> . _, . : %��` TFIIS DEED OF TRUST t°Serurity Inswr+aent"1 is made on Septembes 18, 1997 �_.,_'.
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<br /> � � . -i�• � Gerald J. Murphy aad Pamela S. MurgIIng, hus��. and wife ���.�:
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<br /> .` ���+t ` , ��`y:4�_
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<br /> _. ,,, (°�rrower°).ThetrustePis Norwes� �aak Nebraska �"��fonal .�ssoci���oa � ,.
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<br /> '.'��a%� �'°p'�i�,-;�').'�beneSciaryis No��� �ank �c�asaska Batioaal Sasociation
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<br /> . V:; ..{�;:� . . ,... ,and wtiase �_�_�_-_
<br /> '� � II���ed States of t�aerica
<br /> ` ` ��«'.; ���; �:iY�..'.�is oiganiz�and eaist�u�des t�e Ls�v�csf � _
<br /> ���r+'"� �tiPf7,��� : � Et311�5sI5 202 Wes�';�Lird Street
<br /> `:,,`�r,��: `"; � . ("Lender").Borrower owes Lender We principat stun Q�.
<br /> �'' "" ':�. `?fE� and Tsland NE 68801 - _
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<br /> .S .i: �`as . ,;'
<br /> ....:,. ...,,-. . _ . .>. �-�--
<br /> • �� . ________--oou�N.s•$ 5o,00a.00
<br /> • Fif ty Thoueand and 00/100 - -____ _
<br /> • . This debt is evideaced by Borrower's note dated the same date as this Security Iustrument("Na 2002 ���des for Y y�.
<br /> � ;�:�,, . , � monthly payments.with the full debi.if nnt paid earlier.due and Qayable on September 18, • �T_
<br /> � This Security Iiu�ttument secares to Lender.ia)the repayment of the debt evidenced by the Note.witti interest.and aU renewats, c
<br /> , ' e�tensions and modifications of the Note: (b)the payment of all ather sums. witl►interest. advanced under paragra0h 7 to �.
<br /> . . � protecx the secarity of this Secvdry Inswmcnt: and(c) the pedom�ance of Borrower's wvenanu and agreementa. For tfis -
<br /> . ` putpose.$orrower irrevocably grsu►ts and conveys to Tnistee. in mu� with power of sate,the foltowing��N � �R_
<br /> .... . tacated in gall �
<br /> • � • Lot Twe�ve (12), in Block Three (3). ise Aeplat of Riverside Acrea, an .�_
<br /> � � ' � Addition to the City of Grand Islaad, Nebraska, except tbat part thereof _
<br /> � .� � �� � deacribed as: beginniag at a point on the �rest �ine of Lot 12, said poiut -
<br /> '•,::;�•.
<br /> � ' � �� being 150 feet north of the sauthwest corner tbereof; thence north along
<br /> . " � � ,. " the weat line thereof, 183.3 feet to tY�e nosthwest cornes thereof; theace r
<br />— ' runn ing sou t h ess�esl y along the arc of a 120 foot radius cuive, a distance
<br /> - o� 90.34 feet; theace southwesterly to the poiat of beginning. -.
<br /> � ' THIS DEED OF TRUST SECURES AN OPEN END REVOLVING LINH OF CREDIT. SEE �
<br /> • ' ATTACHED gOME EQUITY ACCESS LINE OF CR�DIT RIDER. &:===
<br /> (Saen.Ciry1. ".-
<br /> • w�ichhastheaddressof 2312 Arrow�ead Rd 6raad Island �="°
<br /> � . Nelsrasl�a 68801 ('ProPeny Addtess'): 4-'=--
<br />__ . .. • .. : �z�pcoael `:
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<br />_ � ' TOGETHER WTi'H aU the imprnvements now or hematter erec�ed on thepmp�ty and all easements.aPPurtenanaes.an� _
<br /> � fixtuies now or hereafter a part of the pmpeRY. All replacea�nt� and ad itcd 'ons s1�a11 atso be covered bY �this.Sec�ui�Y =_
<br /> - ' Iastrument.Al!of the fon�oing is referced to in this Security Inswment as the'ProperiY•° -`�-:-
<br /> BORROWHR COVENAN'i'S that Bottower is lawfutly seised of tAe estate lseceby ounveyed and has the right to grant and g�,:
<br /> , . �:s..��' wnvey the Propeny aad that the Propetty is unencumbe�+ed. except foz encumbrances of record. Borrower warrants aad will L:.,,.
<br /> ' defend geaeralty the 6tte to the Properiy agaznst all claimv and demaads.sublect to any er+cumbrances of raoord.
<br />- � `•�l TH1S SEC1JRiTY 1NSTRUMENT rnmbines unifotm covenants for naUOnal use and non-uniform covenanu�+rith limite� _
<br /> L ' � �� variatiom by jurisdiction to constitute a uniform security inswment eovering real propetty. .--
<br />-_ � UNJIFOItM COVENANTS.Borrower and Lender covenant and agree as foltows: "
<br /> � ,tf 1. ��,a r���a ��,; p,,����a�te ee�r��. Boaower shall promptiy pay when due the ..
<br /> - � •��•; a meat and late c es due under t he Note.
<br /> _ , . �; princ��1 of and irterest an the debt evidetued by the Note and any pcep y �
<br /> i.Fands[or Ta�es and tativrauce.Subject to applir�bte taw or to a writtet�waiver by iRnder.Borcower shall pay to
<br /> - . . � Lendet on the day monthly payments are due urtder the Note.nntil the Note is paid in full,a sum('Funds')for:!a)yeaziy taxes •
<br /> - .' �• and assessments wfush may ateaio priority aver this Seruriry intmimet►t as a lien on the PropeRy:(b)YearlY lea�ehold payments
<br /> • or graund rents on the Prope�ty.if any:lc)S�Y��or rty insurance premiumc:(d)Year1Y ftaod iasuraaoe premiums.
<br /> if arry:(e)yearly�ortgage�nsurance premiums.�f any: tfl anY sums DaYabie by Borrower to l.ender.in accordance�vith
<br /> - _•f�' ihe provisions of patagraph S. in lieu of the payment of�ttoRgage in5uraace premiums.l7�ese items are�illed"Escrow Items.' . -,
<br /> - . • �,y�x;�} , L�ndel may� at aayr nme,collect and hotd Fuads in an aacount Rot to eaeeed the maaimnm Amount a lender for a fed�erally
<br /> .`� �lazed mortga;e loan may�eeNire for Bomaarer s escrow account undsr the federal Reaf Eseate SeNement Procedures Aci of
<br /> � ig/4 as amended from time to titae. 12 U.S.C.Section 2601 et seq.('RE5PA').unless another iaw that applies to the Funds
<br />- ss�s a less�r acaaunt. if so. Leades may.at any time.coltect aad hoid Funds in an amount rtot to exceed the lesser nmount.
<br /> � ' Lender may estimate the a�onr►t of Funds due on the basis of arrent data and rea�onabie estimates of expeadituTes of future .
<br />. - . Bscrow Items or othenvise in 3ccordance with appficable lacv.
<br /> ___ -_ ___. . �� IYEBitASNASirtgte Fam�N-Gunn:a GTaelFed6o 64ttc UNIfOAM L"t1STRUtdEfliT . Farta 3028 9!90 .
<br />_ . _ . � ,.�, w y�7�� vREP tSOATGAGE iORNS��313r29}81G0 �800�597�Y191 Cage t ot 4 �RipRQpd S(g1
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