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<br />- � , r�lorwest Bank DEED OF TRUST G
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<br /> �. • . �; Omaha� NE 68103 ����a J ��� 3 °1 _\
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<br /> TH1S DEHD OF TRUST("Security Instrumcnt")is marlc on November 26, 1997 .Thc trustor is
<br /> '��i.i 4
<br /> � ~ Steven R Kolb and Laura E. Kolb. huabaad and wife �
<br />`t:�.� ` �..
<br /> � ("Borrowcr").Thc trustce is Norwest Bank Nebraska, National Asaociation
<br /> � :r
<br /> , ("Trastce"). Thc bcncficiury is Norwest Bank Nebraoka, National Association '
<br />' �i which is orgunized and cxirting undcr thc laws of United States of Atnerica .and whose
<br /> �- ' `� address is 34Q4 West 13th, Grand Island, Nebraska 6$803
<br /> • ("Lender"). Borrowcr owes Lcnder the principul sum of
<br /> '�''" � • ' 'fhirteen thousand two hundred and no/100----------------�'O1i�'i�•�• �I3,ZOO.GO ?•
<br /> '� .. • This debt is evidenced by Borrowcr's notr, datcd thc samc date as this Security Instrument!"Notc"), which provtdcs for
<br />" . monthly payments,with thc tull debt, if not paid enrlicr,duc and payuble an December 5. 2002 •
<br /> ' . This Security Instrument secures to Lender: (a)the repayment of the debt evidenced by the Note, with interest,s►nd all renewals,
<br /> � extemiom und modificutions of thc No�e; (b) the puymcnt of ull other sums, with intcrest, udvunced undcr purngruph 7 to
<br /> -�n.. �
<br /> � protect the security of this Security Instrumenr, and (r) du performance of Borrower's covenants and ugreements. For this
<br /> ,-�'- 4°:=;�ti•�• ' purpose. Bonower irrevocubly grnnts und canveys ta Trustee, in trust, with power of�ale, the following described property
<br />_ ''�'"�� located in Hall County,Ncbraska:
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<br /> "� `_ '' "� Lot Twenty—Three (23), Roas—Theasmeyer Subdiviaion, City of Grand Island, Hall County.
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<br /> - �'• � �' Nebraska.
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<br /> � •-j��,ry��. which has thc addres5 ot' 3007 Idaho Ave, Grand Island IStrcct.City�.
<br /> Nebraska 68803 ("Prciperty Address"); �
<br /> ' �lip Cudcl •
<br /> _ �
<br /> TOGETHER WITH all the imprcwementti now or hereafter erecteJ on the propeny,and all easements, uppunenances,and
<br /> � fixtures now or hercaftcr a part of thc property. All rcplacements and udditiom shall ulsa be covercd by this Security _
<br /> - Intitrumcnt. AU of thc f'orcgoing is rcfcrrcd to in this Sccuriry Instniment as thc"Property." _
<br /> BORROWER COVENANI'S that Borriiwcr is luwfully sciscd of the estatc hereby convcyed and has thc right to grant and _
<br /> convey thc Property und that thc Propeny iti uncncumbcrcJ. exccpt fur cncumbrancc� ut rccord. Borrowcr warr�nts and will _
<br /> defend genrrally the tiNr tc�the Property against all claims und demanJs.�uh_jert to any cnrumbrartces af rerord. �
<br /> THIS SECURITY INSTRUMI:NT rumhincti unitimn ruvcnant, fiir national usc anJ nun•unitirrrr covcnantti with limited
<br /> variaticmti by jurixdictiun to ronstitutr a uniform xrw�ity in�trununt covcring rcul pruperry. ��
<br /> UN1FC�RM COVENANTS. B��rruwcr anJ Lcndcr cuvrn:�nt and.igrec as followti:
<br /> I. P�yment uf Principul »nd Interest; Prcpaytnent imd I,ate Charg��s. Burrowcr shull promptly pay whcn Juc thc
<br /> prinripul of aixl int�rr�l un the drbt r�•idenr�d hy thc Note u�xl any prepuyment anJ lute chargcs duc under thc Nutc.
<br /> 2. l�unds tiir Tur�.ti und Insura►ncc. Subjcrt to applirahlc law or ti� a written wuivcr hy I.cndcr, Burrowrr shall pay to
<br /> Ltnd�r un thc duy munlhly paymcntx arc duc undcr thr Natr.until thc N�nc is paid in fulL.i sum 1"FunJs"1 for. (al ycarly taxcs
<br /> und atities�tnentti �vhich m:+y xttain prioriry ovcr thiti Sccurity In�trumcnt a�a Iicn��n dic Property:(h)ycarly Icaschold payment�
<br /> . .-. . . . . . . � .._ ....__....:..._... ..ii.......1., il.v,.�incurwm•r nn+rtliutllc.
<br /> - ur ground�cnls�m thr Nruperty. it:Ifly:iri ycany n:li.liU c�� p��i��ctty �n�u�uu�c�n�m�wu.,. w��......� ...____ __._..._
<br /> if any: (cl ycarly mcirtgugr ir.:,uranrr prrmium,. if any:and(fl :�ny ti��n�n�yablc by Borrowcr tu Lcnder. in arc��rdancc with
<br /> thr pr��vitiicim�,f parugr.tph 8, in liru ol thr puyment ut murt�:a�c in�uranre premiwnti. Thcsc items are culled "E�Craw ItCms."
<br /> LrnJcr may. .it any timr. ruUcrt and huld Fund. in an amount ncn ta cxcccd thc maxinwm umount a Icndcr ti�r x t'cJcrally
<br /> rrlat.d mut�tga�r lu,u� ma}• req�nrr liir Hurnn+•cr'ti curnu� ucruunt undcr thr fccicral Kral E:titutc Srtticmcnt Yrcxcdurc� P,rt af
<br /> � 1974 ,i.amrndcJ Ir�nn tinu tc�timr. 12 1�.5.C. tir�tiun Z601 rf.�rq. ("RI'sSPA"). unl��.anothrr law� that appli��t��Ihr Fund�
<br /> I �rh a Ic.�rr anwunt. ll',u. I.cndrr nr.iy, at any tinu. rullcrt and huld FunJ� in an amaunt nut ii, rr.rcrd thr Ic,ticr amount.
<br /> � I.cndrr may c.tim;itr thr unu�unl ul Fund,dur nn lhr ha�i�of'rurrcnt data and reawnahlr r�timatc� ul rxpcndiwrc.uC futurc
<br /> I Exr�,�e I�rm,ur uilun�itir in a«<�rda!t�r��ilh appli�.�hlr la��.
<br /> I
<br /> I NEBRASKA-Su�yc Faindy-Fnnnlo Moo/Froddla Mnc UNIFORM INSTRUMEN7 Form 3026 9/90
<br /> �NI 12T97 MT(3 vn�rA+ui+t�,nr,t cui�nn�, ���±�r��xiuu �NUOr,�i i)a� r.,.i,,i„•a Ammdad 6/91
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