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en m S <br />fn <br />-„ m <br />�+ 0 = r, <br />M cDi> vim► x c <br />CD <br />—rt co G <br />d Z <br />5 Go C=) <br />q rn �^ Z <br />rV1 CD a a co <br />r � � CD cn ►" n C.1 .=r <br />C=) .n.. W <br />N t� <br />[Space Above This Line For Recording Data) <br />200003131 <br />a <br />DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument ") is made on April 19th 2000 The trustor <br />is John T Wemhoff and Cynthia Anne Wemhoff husband and wife <br />( "Borrower "). <br />The trustee is United Nebraska Bank 700 N. Webb Rd. Grand Island NE 68803 <br />( "Trustee "). <br />The beneficiary is Unitea NenrasKa tianK <br />which is organized and existing under the laws of <br />is 700 N. Webb Rd. Grand Island NE <br />Borrower owes Lender the principal sum of Nine <br />and whose address <br />( "Lender "). <br />Dollars (U.S.$ 95,200.00). This debt is evidenced by Borrower's note dated the <br />same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and <br />payable on May 1, 2030 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced <br />by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, <br />advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and <br />agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described <br />property located in Hall County, Nebraska: <br />Fractional Lot Two (2), in Fractional Block Twenty (20), in Kernohan & Decker's Addition to the City of Grand Island, Hall County, <br />Nebraska, and its complement, to -wit: Fractional Lot Two (2), in Fractional Block Twenty (20), of Palmer's Subdivision of Lot Seven (7), <br />of the County Subdivision of the Southeast Quarter of the Southwest Quarter (SE1 /4SW1/4) of Section Sateen (16), in Township Eleven <br />(11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska. <br />which has the address of 1507 W 1St St Grand Island <br />Street City <br />Nebraska 68801 ( "Property Address "); <br />Zip Code <br />TOGETHER WITH all improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now <br />or hereafter a part of the property. All replacements and additions shall be covered by this Security Instrument. All of the foregoing is <br />referred to in this Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey <br />the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally <br />the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by <br />jurisdiction to constitute a uniform security instrument covering real property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due <br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. <br />2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to <br />Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds ") for: (a) yearly taxes and <br />assessments which may attain priority over this Security Instrument as a lien on the Property; (b) yearly leasehold payments or ground <br />rents on the Property, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood insurance premiums, if any; (e) yearly <br />mortgage insurance premiums, if any; and (f) any sums payable by Borrower to Lender, in accordance with the provisions of paragraph <br />8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items." Lender may, at any time, collect <br />and hold Funds in an amount not to exceed the maximum amount a lender for a federally related mortgage loan may require for <br />NEBRASKA - Single Family- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 9/90 <br />F1029.LMG (10/99) Page 1 of 5 <br />