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<br />_-"±`�.�.•r•�'.� [Spnce A�ove Thls Unu for Record�nq Outn)
<br /> =_ : � CORRECTED FHA Cpsn No. �
<br /> �,;�` Stats of Nebraska �EED OF TRUST 321-1900536
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<br />-��'!`��?`?�-•. THI3 DEED OF TRUST('Securlty InstrumenY)Is made on November 25th , '1997 ,_ —
<br /> --°','',�r �J;^
<br /> ,��,i+:�.�r•. 7he trustor Is Jose L. Qarcia A Single Person.
<br /> �'�•°� • ('Borrower').
<br />=•i�'' � ' The tmstee Is Commorcial Fsdor�l Bank.A Faderal Savings Bank ('TNBfBB').
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<br /> The beneflclary Is Unlon Bank and Trust Com�anv �
<br /> ;.�a i��V which Is organized and exlating under the laws of tho St�tY Of Nsbraska ,and whose address Ia
<br /> "`�_-,��•��• 2008 North Webb Road Grand Island. NE 88802 ("Lender•).
<br /> '"�"�:,���{• Borrower owes Lender the pdnclpal eum oi SIxtX Ons Thousand Seven Hundrsd snd 00/100
<br /> - Dolkrs(U.S.S 61.7Q0.00 1.Thls debt Is evidenced by Bortower's note
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<br /> ; . ;_ ..,,�,• dated the same date ns this Security Instrument ("Note'), whlch provides for monthiy paymenta, with the full debt,It not paid
<br /> �`-°7; .� � earller, due nnd payahle on DBCemllel' 1. 2027 . This Secudty Instrument secures to Lender: (o) the rerptyment
<br /> "�"��'"' � of the debt avldenced by the Note, with Interest,and eli renewals, extenslons entl modifications of tne ivoie; �oj iha paymani oi
<br /> �"•�� "'�:�;~'. all olher sums, wlth Interest, advanced under paragmph 8 to proteat the security of thls Security Instrument; md (c) the
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<br /> =-��. F�;.:�. pertormance oi Borrower's covenants and agreements under this Security Inatrument and the Not�. For thls purpoae, orrower
<br /> "��`i��,�'�' IRevocably grents and conveys to Trustee, In trust, wfih power of ssle, the following dascdbed propaty located ln
<br />";'�rct�i�k'� H��� County; Nebraeke: IS�dt1CI
<br /> :�.'��,;��,� Lot Nine (9�, In Block Twelve (12) In Packer and Barr's Addttion to ths City of arand/Hs�ll County�
<br /> ;°_:,m�,� Nobraska.
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<br /> +��;�~ � whlch has the address of 409 N. Rubv Grand Island
<br />: [sucec] (c�ty�,
<br /> —_�~"�'"`^"" Nebraska 68803 ("Propercy Addreso•);
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<br /> - , . TOQETHER WITH all the Improvements now or hereafter erected on thu property, and ali aesemente, appurtenancos, end
<br /> � fixtures now or hereatter a part of the property. All replacements and additlons sholl be covered by this Securily Instrument. All
<br /> � ot the toregoing Is referred to In this Security Instrument as tho"Property'.
<br /> }� BORROWER COVENANT3 that Borrower Is lawfully seized oi the estate hereby conveyed end has the right to grant end
<br /> • ;, convey the Property end that the Property Is unencumbered, except for encumbrences of record. Bartower warrents and wlll =
<br /> � detend yenerally the title to the Property ctgalnst ali clalms and demands, subJect to any encumbrttnces o1 record. =:
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<br /> THIS SECURITY INSTRUMENT oombines unftortn covenants tor nationbl use and non•uniform covenents with Ilmlted �.
<br /> vartations by Jurisdlctlon to conotltute a uniform security Instrument covering real property. -'
<br /> Borrower nnd Lender covenanl ond ayrca a,(ollows� _.
<br /> UNIFORM COVENANTS.
<br /> i
<br /> 1. Payment of Principal, Intorest and Late Charge. gorrower shell pay when due the princlpal ot and interest �
<br /> on,the debt evidencad by tha Noto and late charges due under the Note.
<br /> � 2. Monthly Payment of Taxes, Insurance. anci otner Cnargea. eorrower snaii inciuda in ea�� monin'ry �
<br /> payment, together with the principal end Interest as set forth In the Note and any late charges, a sum for (a)tuxes and speclal
<br /> � ossessments Ieoied or to be levied agalnst the Property, (b) leasehold payments or ground rents on the Property. and (c) �
<br /> ; premlums for Insurence required under Perac�reph 4. In any year In whlch the Lender must pay a mortgaga Irsurance premium to
<br /> � the Secretery oi Housinfl and Urban Devuiopment ("Secretary'1, or in eny year in which such premium would have been requlred
<br /> � II Lender still held lha Securfty Instrwnent, each monthly payment shuli also Include efther: (i) a sum tur the ann�al mortc�ago
<br /> ' insuranca premium to be puld by Lender to tho Secrotery, or (II) a monthly charge Instead of n mortgage insurance premlum fl
<br /> this Security Instrument is held by the Secretary, in e reasonable amount to be determined by Ihe Secretory. Except tor the
<br /> � monihly charge by the Socrelary, Ihese items ure called "Escrow Items" ond the sums paid to Lender are callod 'Escrow
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