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<br /> � � �, � i�darwest B�nk . � � � M -= -
<br /> _,.. _ .._c . � P�Box 244Q � � � `° �_._�.
<br /> ��:�: tDmaha,N� 681Q� . . � �.\� _--
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<br /> . . , �g�ggp O�S�uST(^gerurity Insuwment')is made on Nov,ember 7, 19 9?..� � .Ti�trustur is �_
<br /> •. � . ' � .
<br /> u ��..,_. • � Larrq Gv� Traudt and Kathleeu A.� Traudt, ,husband and w1�e -
<br /> C . .. . ' . � . - _ ' . . � �.��.�
<br /> �:',��_._4�._,,;,�:� ("gom�,*rer').Tbe t�usteeis _.Noraest Ba�ck..Nebr�ska Na�ional Aesociation , `_�_
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<br /> = . •:.;.:.::;.�..� _�:.°�:
<br /> - _•,+•'��,.'.,:';', ("Tiasx�e"):7Phebrneficiatiyis NoYC�est Bant� Nebraska Nationel Agsocfation �.�'
<br /> . �. �
<br /> - , - wfiic&is�gaaiz�and exis�g ander fhe laws of .and whose ,
<br /> .;�' ,. IIaited States of Amertca'� `
<br /> • ` • • ��ig 202 Weat Third Street ---
<br />_ , • o , ("Lender")..Borrawer owes I.ender the princigal sum of - --
<br /> � - . � Gsaad. Ielaad NE 68801 � � • _
<br /> � ± Fortq Five Thousaud and O�I,100----------------Uo]larsN.S.$ 45.000.00 )- .
<br /> <.: . . �
<br />_':.� '-�� • ' ., � Tbis de6t is evidenced by �orrower's nflt� dated the sacne date.as this Serurdty Instrnment("Note").which provfdes far �' .....
<br /> `,•••,, �y moathly payments.a+ith tHe ful!debt.if aot paid earlier.due and payable ou 1Qovember 22, :2UO3
<br /> � �- This�ecurity Instr+im�nt secures w Leuder:(a)the repaymeat of the debt evidenced by ihe Note,with inter�st.�and ai!reaewals: � --
<br />_ '�. „...�.� � extensians and'modifica�COns of the Note:@)the payment�f all other sams. with interest.-advanced utider Faragraph 7 ta. . ___:_,__
<br /> ;..� , � • protect the secuni.ty of ttds S�caritp In�n�me�t; and (c)ths perform�lce of Borrower's covenants and agreeme:sts. Por.this �-�
<br /> 9
<br /> - �:,;y; . ' purpose;Bormwex irre�+QCa6�y granu and comeys w'Crustee.[n trast,with power of sale. the following describ�d pmP�Y � _
<br /> - larated in , County.Ne6rasks: `_,�_.�
<br /> _ ... , fla11 . . rr__ ...
<br /> , _._:.�_,.:: Lot One (1j, Capital tdegght�'s Fifth -(5) Subdivrieiaa, .City of . _-
<br /> - - � Grand Islaud, Hall Cauaty, Nebzaska. -._
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<br /> � � ., , . w�ichhavtheaddressof 4�Cs1 Tesae �. � Grand Island � � Isaee�.c�cyl. . � -
<br /> =_ . • � ' � ' Nebraska 6F803 (" ' . �`1,..;.,
<br /> FroFeAy Address):
<br /> . • . . � (Zip CodeJ . , �.._
<br /> TOG�I'HEg WITH a1b t�improvements now or hereafter erected on the�roperty,and all easements,�p;zt�enances.and � �,;�.--
<br /> fixtures n�w or hereafter..a�:rt of the property. All replacements and additions shall also be oovered b4 this Security �,r;
<br /> - ��'� � Instrument. All of the fore�cuo is referred to in this Secuaty Instrumenf as the"Property." ' ::
<br /> � BORROWER COVEI�ANTS that Ber�a�et is tawfully seised of the estate hereby conveyed and has the rigtit to grant und �'
<br />,��,'� � � ." „ ' � canvey the Pcop�rty and thut the Property�unencumbered,ear,ept for encumbrances of record. B�rrower watrants suM wiFY .
<br /> ,•� • . � � defend generalIy the title to the Property against all claims and demands,subject to any enwmbrances of record. _..��
<br /> ' THIS S E C U R I T Y i N 5 T R U M E N T co m b i n e s u n l f o m�w v e n a n t s f o r n a t i o n a!u s e a n d n o n-u n i f o r m c o v e n a n t s w i t b limited
<br /> . . • . . variarion�by jurisdiction to constitute a unitorm securicy instsument oovering real property. �:'�T
<br /> = � UNIFORM CU V E N A N T S.Borrower an d L e n d e r c o v e n a n t a n d a g m e a s t'o 1 t a w s: •
<br /> � 1.Payme�t o4�ecipal and Inteiest; Pre�yment end l.ate Chaeges. Borrower shell promptiy pay when due the
<br />- �. � � p r i n c iy a l of and interest on the debt evidenceA by the Note and any prepayment end tate ct�arges due under the Note.
<br /> : ��,��. 2.Funds for Ttixes and Insurence.Sabject to applicable law or to a wdtten waiver by Lende r.B o r r o w e r s h a l l p ay t o
<br /> � •.� • Lender on the day montWy paYments are due under the Note.until the Note is paid in full.a sum("Funds")for:(a)yearly taxes
<br /> � � ` � nnd asse.aments which may atuiln priority over this Secutiry Instrument as a lien on thc Property:(b)yearlY leasehold payments .
<br /> ; `•� ' � • or graund rents on the Property.if any:(c)�rearly ha7ard or property insurance premiums:(d)Yeariy flood insurance prcmiums.
<br />= F ' if any:(e) Year�Y mortgage inserance prem►wns,iF any:and(� any snms payable by Borrawer to Lender. in�ccordance with
<br /> � ' the provisians af paragraph 8,in lieu of ti�c payment of mortgage tnsurauce premiums.These items ur�called"Bscrow Items."
<br /> � -� Lender tn�y.at m►y time, collect and hold Funds in an amount not to exceed the rr►a�eimum amount a lender for a federally
<br />_ '. �: . ' � • � related mortgzge loan msy m9uire for Borrower's escrow account under the federal Real Estate Settterr�ent�i'racedurea/#et of .
<br /> � 1974 as amended from time ro fime. 12 U.S.C.Section 26U1 er seg. t'�SpA"),untesS another law that�plies to the Funds
<br /> ' • � � • seu a lesser amount. (f so. Lender may.at any time. collect and hold Funds in ati nmount not to exceed the lesser a�ount.
<br /> �''� ��. � ., i.ender may estimatc the amount of Funds due on the basis of current data and reasonable estimates of expendimres of future .
<br /> ' Esrruw Items or otherwise in accordnnce with applicable law.
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<br /> �..—� �iE63ifa5itt+.-�M;tr lansi:yf�!'SxlFted�lt°SEe�!1�lIfORM INSTqUeQEM Form 3Q28 9/9U :
<br /> • �NI 12T9�01i70 VMP 6IORTOAGE PoRMS•�373�493-0100•(80�i5at-719t De4o t of a • �:�:qmtitQoQ St91
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