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<br /> . .j� - � � ' EED OF TRUST $��� a ����� �
<br /> f..(�V�LOP� D �ro�o ,Q,s9 �,,
<br /> Norwest I?anlc �
<br /> PO Ro�c 24�0 —
<br /> — Omaha, NC �8103
<br /> THIS DEED OF TRUST("Security Instniment")is madc on Ocfcober 17. 1997
<br /> .The tn�tor is
<br /> Reinlu�rdt J. F.ischer, Jr. and Benita K. Fiecher. husband and eife
<br /> ("Borrowcr").Thc trusta is Norwest Bank Nebraeka. National Aeaociutioa
<br /> ("Trustee"). The beneficiary Is No�Bt Banlc Nebraeka. National Asaociation
<br /> which is organized ana extsting under the laws of�nited Statn of America
<br /> ,and whose
<br /> �ddr�s is Z02 West 3rd. (�ar+d Island, Nebrasl�a t���3�=„j �r�w�i 4�P��p��,t��,��ipal5um of
<br /> Tt►irty �ro Thousand (1ae Eunared Fifteen and 50/100 -Do�lnrs(U.S.S 32'.115�.50 )•
<br /> This debt is evidenced by Borrower's note dated the seme date as this Security Instrument("Note"),which providea for
<br /> monthly payments,with the ti�ll debt,if nat paid earlier,due and payable on Ja���y 15. 1998
<br /> This Se..urity Instrument secures to Lender:(a)the repayment of the debt evidenced by tlu Nate,with interest,aid all renewda,
<br /> extrnsions and modifications of the Note; (b) thc payment of all other sums, with intertst, edvas►ced under p�ragr�pli 7 w
<br /> pmtect the socurity of this Security Instrument; and (c) the performance of Bonower's covenants end agreemenu. Foc thie
<br /> - �ai.-`,�,;�,. o,a�:"�'�n.v„rahly orants and convcys to Trustce. in trust. with power of sale. the following descrtbed propertY
<br /> located in Hsll Ccussty.'.`?e�r�kQ•
<br /> Lot Fourteen(14)�, Block �o (2), Lake Davie Aares Subdinision� Ball County, Nebraska.
<br /> which has the address of 4427 �sivin Drive, Grand Island
<br /> tscRa.c�cyl,
<br /> Nebraska 68801 ("Property Address");
<br /> �Zip Codc)
<br /> TOGETEYER W[TH all the improvements now or hemxsfter erectc�d on the prope�ty,and ail easements,aPP�rcenances,and
<br /> fixturcs now or hereafter a part of the property. All rcplecements and additions shull also be covercd by this Securiry
<br /> Instrument.All of the foregoing is referred to in this Securiry Instrument es the"Pcoperty"
<br /> BQRROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grent and
<br /> rnmey the Properry and that the Property is unencumbercd, except for encumbranres of rxord. Bor►'nwer �'aarrante and will
<br /> defe►�d genernlly the title to the Properry ngainst all claims and demands,subJect to any encumbruna,.s of rern�d•
<br /> THIS SECURITY INSTRUMENT combines uniform covenants for nattonal use and non-uniform covenwus Hith limited
<br /> variations by jurisdiction to constitute a uniform security instrument cavering real prc�pertY•
<br /> UNIFORM COVENANTS.Bonower and Lender covenant:u�d agrce as follows:
<br /> 1. Poyment ot Prtncipal and Interest; Prep�yment ond Lrte Charges. Borrower shall promptlp puy when due the
<br /> principal of and interest on the debt evidencal by the Note and any prepayment and late charges due under the Note.
<br /> � �t�n.t�tnr Tvices�nd Insuratke. Subject to applicuble law or to a wdtten wuiver by L.ender, Borcower shall pay to
<br /> �i•r..«Ae��f.•!ul unsrlv twltlL
<br /> Lei�der on the day monthly payments are due under the Notc,untu cne ivoce is paiu i�� �a��,a�u.�.� _�.�� ,..-...-, , -_---
<br /> b wrl leaseho�d ments
<br /> nnd assesstnents whici�may uttain priority over this Securiry Instrument as a lien on the Property: ( )y y PeY
<br /> ' or ground rents on the P�Y,�►e�ty, if any;(c1 yearly hawrd or pmperty insurunce premiums:(d)yearly flaod insurance premiums,
<br /> — if any: (e)yearly mortgage insurunce premiums, if any:nnd (� uny �ums payable by Borrower to L,ender,in accorJwx:e witt►
<br /> the provi5iuns of paragraph S. in Iicu of the payment of mortguge insurunce premiu�ns.Thcse items are called"Escrow Items."
<br /> Le��der may. at uny time. collect and hold Funds in an amount not to exceed the maxtmum amount a lender for a faderally
<br /> reiatai mortg�8e loan may rcquire for Bornnwer's csrrow nccount u�xier the federal Rcal �.state Senlement Pra.-edurce Act of
<br /> 1974 as:�mendai from time to time. 12 U.S.C.Section 2601 e�cey. ("RESPA"1.unless another law thatapplies tu the Punds
<br /> nets u Ie,ser amount. If su. L.ender may, ut uny time. collect und hold hwxls in an nmaunt not to excad the lesser �unaunt.
<br /> l,c�xicr may cstmiut�thc amount of Funds duc on the basis nf currcnt Juta and reasonablc estimates of eapcnditurcs of future
<br /> Bscrow(tems ur othcrwitic in uccordancc with applicublc law.
<br /> NENIA6KA•Single FamilyFannN Ma�lFnddM Mw UNIFOIIM INSTRUMENT Form 302t 91l0
<br /> _ �NI 12T87 MTO YMP MORTOA6E FONMS 1313128J 5100 �8001621 T281 Pp�1 0l 4 Art�wMd 6i�1
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