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<br /> [Sp�ce At�o�'e TNb I.Ine For RecordinR Iht�]
<br /> ,�'��
<br /> ��� DEED OF TRUST �
<br /> N�rv��est 6ank �
<br /> PO Eiox 244Q `3/9 8'265Z ��-�a �z�8'/r9 8' � -
<br /> — Omaha, NE G8103 '
<br /> THIS DEED nP TRUST("Security Instrument")is madc on November 30� 1 998
<br /> .Thc trustor is
<br /> David A. Friedricksen anci Patricia A. F'riedricksen, husband and wife
<br /> (•Borrower").The truscee is Norwest Ban}c Nebraska, National Assoaiation
<br /> ("Trus[ee"). Thebeneficiary is Norwest Bank Nebraska, National Assoeiation •
<br /> which is organized and existing under thc laws of Utllted States of America
<br /> ,and who.se
<br /> a3u��ss is 3"44 wQ�t 1�th streetl Grand Island, Nebraska 68803
<br /> ("Lender"). Borrower owes Lender inc priiii:iN�i stitr af
<br /> Forty-Seven Thousand Four Hundred Forty-Seven_and 62/100ths------------------
<br /> _;pollars(U.S.S47�447.62 )•
<br /> This debt is evidencal by Horrower's note dated the same date ns this Security Instrument("Note"),which provides for
<br /> monthly payments,with thc full dcbt, if not paid earlier, due and payablz on December 14, 20 08
<br /> This Security Instrument secures to Lender:(a)the repayment of the deht evidenced by the Note,with interest, and all renewals,
<br /> extensions and modifications of the Note; (b) the payment of all other sums, with interest, ndvancal under paragraph 7 to
<br /> protect the security of this Security Instrument; and(c) tiie perfarmance of Borrower's covenants mxl agreements. For this
<br /> purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the followin6 County�,T�Iebraska
<br /> located in tiall
<br /> Lot 3, Block 91 , Wheeler and Bennett's Fourth Additi�on, City of Grand Island,
<br /> Hall County, Nebraska.
<br /> (S�rect.Cityj,
<br /> which has the address of 315 East 17th Street, Grand Islar.d
<br /> Nebraska 68801 ("propercy Address");
<br /> �Zip Codc�
<br /> TOGfiTHER WITH all the improvcmcnts now on c�rcafter crectcd on the property,and all easements, appurtcnanccs,�►nd
<br /> fixtures now or hereafter a part of the property, All replacements and additions shall also be covercd by this Securiry
<br /> Instrument. All of thc forcgoing is referred to in this Sccurity]nstrument as the"Property."
<br /> BORROWER COYENANTS that Barrower is IawfuUy scised of the cstatc hcreby convcyed uttd has the right to grant and
<br /> convey the Properry and that the Property is unencuntbered, exeept for encumbrances of rewrd. Borrower warrants and will
<br />-- dcfcnd�;enerully thc tidc to the Property against all claims and demunds, subjcct to nny cncumbr;+nces of rcec�rd,
<br /> THIS SECURITY INSTRUMENT combines uniform covcnitnts for national usc and non-unit'orm covcnants with IimitcJ
<br /> variations by jurisdiction to constitutc a uniform sccurity instrumcnt cavcring rcal property.
<br /> - UNIrORM COVENANTS.Borrower and Lcndcr covcnant and agrcc as follows:
<br /> - 1. Payment of Princlpal and Interest; Prepayment and Late Charges. Borrower shxll promptly pay when duc tltc
<br />-- principal of and interest on the debt evidenced by the Note and any prepayment and late charEcs due under the Note,
<br /> - � �.._.,.. e....�r.,.,� ana incurance. SubleC[lo �►pPI1CabIC law or to a written waiver by L.cndcr, Borrower shall pay to
<br /> - �_ ...,. a..�.,
<br /> i• l'Y��uo �v� �
<br />=;, Lcndcr un thc day monthly paymcnts arc duc midcr the Notc,witil thc Notc is paia in iuii, a sum�"Fu����i ���:��,iw•v •��w
<br /> � and asscssmcnts whicli may attain priority over this Sccuriry Instrumcnt as a licn on die Property; (F�)yeady la�schold payments
<br />=� or ground rents on tiic Pro}xrty,if any: (c)ycar�y hazard or property insurancc premiums; (d)��carly flood►nsurance premiurns,
<br />'° if any; (c) ycarly mortgagc ros�rancc prcmwms, if any; and (� any sums payablc by Dorrowcr to [,ender, in accordancc wilh
<br /> the provisions of paragraph 8, in lieu of thc paymcnt of mortgage insurance prcmiums.These itcros arc callect"Escrow Items."
<br /> Lender may, at any time, collect and hold Funds in an am�wnt not to excccd thc maximum .unount a Iender for a federally
<br />_ rclatecl mortgagc loan may rcquirc for Borrowcr's csc►•o�v account undcr thc fcdcral ltc:►I tistatc Sctdcmcnt Procctiiures Act of
<br /> 1�74 as amcnded from titne to timc, 12 U.3.C. Scction 2G01 er seq. ("RESPA"), unless anothcr law thnt applies to the Funds
<br /> scts a Icsscr .unount. lf so,Lendcr may, at ,uiy tiiuc, collcct and hold Fwids in an amount nnt to cxcccd thc Icsscr umouni.
<br /> i.endcr may cstimatc thc amount of Funds duc on tlic basis uf current data and reasonxblc cstimatcs of cxpcnditures of futurc
<br /> Escrow Itcros or otitcrwisc in accordance�vith applicablc law.
<br />"i
<br /> NEBRASKA-Singlo FamilyFannle MaelFreddie Mec UNIFORM INSTRUMEN7 Form 3028 9I90
<br /> �NI 12T97 fv1TG VMP MOf1iWGB FO�MS �3131293 0100 iB001b7�7191 va�o 1 0�� Amended 5191
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