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<br /> " ' wcr of s�le,the following described property located tn tk►e Counry of ��;��µ.:
<br /> •• grants and conveys to Trust�e,in trust,with al 1 ,State of Nebreska: •_=
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<br /> The Property is situated in the County of Hall , the City of Grand Island, t e ,`T_
<br /> State of Nebraska, and described as follows: The North Thirty-four (34) feet of �,_ .
<br /> lot Five (5) and the South Twenty-four(24) feet of Lot Three (3), Block twenty , ,
<br /> (20). Scarff's A d di tion to West Lawn in the City Property Address:H1726CNor t h
<br /> � Nebraska. Tax ID#400088754 �-'=-
<br /> � Taylor Grand Island. NC 68803 ."��--
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<br /> � whicli has the addnss af 1726 N01^th Tayl or ZiP Code) (henfn'Property Address)
<br /> Grand Island tc�ty� ,Nebraska 68803 [
<br /> �. TOC3ETHER with all the improvemcnts now or hercnfter crected an We property, and all easements, righu. _
<br /> • appurtenaaces and nats(aubj ect however[o the rights and authorities given he�e�bndehris Deed of Trust Panld =
<br /> such rents),all of which sha�l be deemed to be and remain a part of the property Y -
<br /> � all of the foregoing,together with said property (or the leasehold estate if this Deed of Tnut is on a leasehold) are
<br /> �i heretnafter refened to as the'ProPortY��
<br /> �t�,-,` TO SEC:ukE co Leadcc t�e repayment of tht lnd�hre.�ness evidenced by Borrower's aote dated
<br /> November 13, 1997 and extensioas and renewals thereof(herein"Note"),in the principai sum oi
<br /> U.S,S 35,000.00 ,wtth inurest thereon,providing for monthly instellments Qf principal and interest'
<br /> ' � with the balana of the indebtedness,if not sooner paid,due and payable on November 18, 2017 I
<br /> the payment of all other swns,with interest thereon, advanced in accordeace h�rewith to protect the securiry of this
<br /> Deed of Tcust;and the performance of the covenants and agreements of Borrower herein containod.
<br /> Boaower covenants that Bonower is lawfully 3eised of the estate hereby conveyed and has the right to grant und �
<br /> � convey�1ewer wamrr�ants and�wtill defend generally the ttle�to the 1pProperty againstnell lalms and demands.ubJecs�o - -
<br /> thac Borco
<br /> encumbrances of record. -
<br /> UNIFORM COVENANTS.Borrower and l.ender covenant and agree as foWhen�due the pr[ncipal and {nteres[
<br /> 1. Payment of Pr[ncipal and Intenst. Borroa+er shall promptly pay
<br /> indebtedness evidencad by the Note and late charges as provided In the Note.
<br /> 2. Fands [or Taxes and I�►��n�cnts o�ptrinc p�a 1 andlinte e t are payable under tlie No eerunBil the No e�is
<br /> pay to I.ender on the day monthly p Y
<br /> � paid in full, a siun (herein "Funds") equal to one-twelfth hi hem.yay atiain priority over�thims Dad of Trust�,
<br /> s condominium and plazmcd unit develo ment assessments, if any)
<br /> ' � and gr�und rents on the Property, if any,plus onatwelfth of yearly premium iastallments for hazard insurance. plus
<br /> one-twelfth of yearly premium�nstallments for mortgage insurance, if any, all as reasonably estimated lnitially and
<br /> from time to tirne by Lender on the basis of assessments and bills and reasonable estimates thereof. Borrower sh�ll -
<br /> � not be obligated to make such payments of Funds to Lender to the extent that Bosower makes such payments to the _=_
<br /> � holder of a prior mortgage or dad of trust if such holder is an institutionallcnder. �...
<br /> If Borrower pays Funds to Lender,the Funds shall be held ia an institution the deposits or accounts of which t._��
<br />' • ' � . aze insured or guazantteai�bys�de�r�al�,o�3eSSments,clasurance piemiumes an gmund rent h Lenderimay not harge '
<br /> shall apply the Funds p y _ �___.��=
<br /> fying and wmpilin8 said assessments and bills, 'P�°°
<br /> in che Funds,analyzing said accc,unt or va.. n :; �
<br /> for so holding and apply' g �•-���__--
<br /> unless I,ender pays Borrower interest on the Funds and applicable law permits Lender•to make such a c arge. '•��4
<br /> Bonower and Lender►nay agree in wricing at the time of eaecutton of this Deed of Trust that interest on the Funds �
<br /> shall be paid to Borrower, aud unless such agreement is made or applicable law requires such interest to be paid, ,.,.'��:
<br /> 1 I.ender shall not be required to pay Borrower any{nterest or earnings on the Funds. Lender shall give to Borcower, , ,��.
<br /> without chazge, an annual accountmg of the Funds showing credits and debits to the Funds and the purpose for .;�y:,.;
<br />� wliich each debit to the Funds was made.The Funds are pledged as additional security for the sums securForm s 2is
<br /> Deed of Trust. '
<br /> INtl�it:
<br /> Pape 2 ot 8 '
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