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<br /> - �'� DEED OF TRllST
<br /> THIS DEED OF TRUST ("Securky instrument") is made on December 23rd 1997 ; The trustor
<br /> � is THOMAS F WERNER AND LYNNE R WERNER HU BAND AND WIFE.
<br />, --_---__-= — �•8onower'l•
<br />` The truetee Is UNITED NEBRA KA BANK 700 N W BB R AD RAND I LAND NEBRA KA 68803
<br /> - � ('TN6t9l�)•
<br /> Y- ' The benefblery is UNITED NEBRA KA BANK ,ana wnose addross
<br /> ,� whbh Is orflanized and existinp under the laws o} NEBRA KA
<br /> -= is 700 N. WEBB RD.GRAND ISLAND NE 68803 ('Lender').
<br /> - � eorrower owes�ender ene princ�pai sum ot One Hundred FI Thouaan end 00/100
<br /> Dallars(U.S.S 1b0,000.00f. This debt Is evidenced by Borrowers note dated the
<br /> � same date as this Security Instrument ("NOte"), wh�Ch provides for monthly payments, with the full debt, M not pald eulier, due and
<br /> - payable on Januerv 1, 2013 _ Thls SecurRy Instrument secures to Lender: (a)the repayment of the debt evldenced
<br /> � by the Note, wRh interes6 and ell renewais,oxtenslons end modH�at�ons of the Note; (b) the payment of all other sums,with Interest,
<br /> advanced under paragraph 7 to protect the seaurity of thls Security Instrument; end (c)the peAarmance of Borrower's covenants end
<br /> � . aqreements. For thls purpose,Borrower frrevooably grants and Conveys to Truetee,�n trust, wkh power of saie,tho followhp described
<br /> - • property bceted fn HALL County, Nebreska: �_
<br /> � `.- "".Y ' SEE ATTACHED EXHIBIT "A" '
<br /> _ - '.�
<br /> x
<br /> :
<br /> '1 whiCh hes tho address ol 717 S HARRISON _, GRAND ISLANb
<br /> � s��.a a'Y
<br /> Nebraska 68803 __ (�Property Address");
<br /> Lp Cotl•
<br /> 70GETHER WITH all Improvements now or hereafter erected on the property,and all easements, appurtenances, and tbctures now
<br /> or hereaker a part ot the property. All replacements and additlons shall be covered by thls Securily Instrument. All of the forepoing Is
<br /> reteRed to In this Security Instrumenl�s the'Property."
<br /> BORROWER COVENANTS thst Borrower is lawfully Selsed o} the estate hereby conveyed flnd hes the ripht to grent and convey
<br /> the Property and that the Property is unencumbered, exc3pt for enCUmbrances of record. Borrower wercants antl will detend peneralty
<br /> the title to the Property against all clafms and demands, subject to any encumbrences of record. :
<br /> THIS SECUHITY INSTRUMENT combines unMortn covennnts for nationel use and non•uni(orm covenants with Iimited variatlons by �
<br /> jurisdfctlon to constltute e unitorm security instrument covering resl property.
<br /> . _ ��u�c��a� rnvFNaNrG RnrrowAr and Lender covenant flnd flgreo as follows:
<br /> 1. Peyment of Princip�l end Interest; Prepeyment and Late Charges. Borrower shall promptiy pay when aue �
<br /> the principel o�and interest on the debt evidenced by fhe Note and eny prepayment and lato charge3 due under the Nole.
<br /> 2. Funds tor Taxes and Insurencc. SubJect to eppticeble law or to a written waiver by Lender, Borrower shall pay to
<br /> Lentler on thd day monthly peymenls are due under the Note, until tho Note is paid in full, a sum ("Funds")for: (a) yearly taxes und
<br /> assessments which may uttttln prforfly over this Security Ins[rument es e lien on the Proporty; (b) yeerly leasehold ptiymAnts or ground
<br /> � ronts on the Property, if flny; (C) yaarly hazard or property insurBnCe p�emiums: (tl) yearly flood insuranCe premfums, II eny; (e) yearly I
<br /> _ mortgage insurence premiums, il any; Bnd(I)any sums payable by Borrower to Lander, In accordence with the provislons o}peragreph
<br /> 8, in lipu of the payment of mortgage insurance premiums. Theso Items are called "Escrow Items." Lender mey, at eny tlme, colleCt
<br /> and ��old Funds fn 8n amount not to oxCBBd the maximum amounl a tender for e foderally related mortgage loun m8y requlre lor
<br /> NELHASKA-Smpis FamdyFannie MaeiFroAO�e Mac UNIFORM iN�iRUMENT Form 70?8 9iP0
<br /> - Ft020-LMCi (�Oi97) P�9e � ol 5
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