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<br />Deed of Trust
<br />(Third Party) (Nebraska)
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<br />200006439
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on Tiinp 30, 2 0 0 0 The trustor )s
<br />i 1 e l v a r a e B r i s e n o, a single Derson (whether one or more, the "Trustor").
<br />The trustee is Ile 11s Fargo JLank liebraskn , Natinnal Association Qi
<br />( "Trustee "). The beneficiary is Wells Fargo Bank Nebraska, National Association, a national banking association organized and
<br />existing under the laws of the United States, and whose address is 2 0 2 W 3 r d G r and T s 1 a n d, N P 68801
<br />( "Lender "). The Lender has extended credit to
<br />Richard L Smith & Lincia t Smith, husband and wife (the "Borrower ") in the
<br />principal sum of $ 2 C) , 13 7 . 0 0 (the "Indebtedness "). This Indebtedness is evidenced by the Borrower's note to the
<br />Lender dated June 30. 2 0 0 0 (the "Note"), which is payable according to its terms and which contains a maturity
<br />date of July 10, 2010
<br />This Security instrument secures to Lender: (a) the repayment of the Indebtedness evidenced by the Note, with interest, and
<br />all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under
<br />paragraph 7 to protect the security of this Security Instrument; and (c) the performance of the covenants and agreements of
<br />the Trustor and the Borrower. For this purpose, the Trustor irrevocably grants and conveys to Trustee, in trust, with power
<br />of sale, the following described property located in H a 1 1 County, Nebraska:
<br />Lot . Bloch 32, Packer & Barr's Second Addition, City of Crand Island,
<br />hall County, :lehraska.
<br />which has the address of 1 8 1 1 W_ 3rd (rand T s 1 a n d Y !Street, City],
<br />Nebraska 6 g r, 0 3 ( "Property Address");
<br />[zip Code]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances,
<br />and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security
<br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property. "
<br />TRUSTOR COVENANTS that Trustor is lawfully seized of the estate hereby conveyed and has the right to grant and
<br />convey the Property and that the Property is unencumbered, except for encumbrances of record. Trustor warrants and will
<br />defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />UNIFORM COVENANTS. Trustor and Lender covenant and agree as follows:
<br />1. Payment of Principal and Interest; Prepayment and Late Charges. The Trustor shall cause the Borrower to pay
<br />promptly, when due, the principal of and interest on the Indebtedness evidenced by the Note and any prepayment and late
<br />charges due under the Note.
<br />2. Payment of Taxes and Charges Against the Property. The Trustor also agrees to pay, before a penalty might attach
<br />for nonpayment, all taxes and assessments and all other charges whatsoever levied upon or assessed by or placed against the
<br />Property, by making payment directly to the payee thereof, and the Trustor will promptly deliver to the Lender any official
<br />receipts received by the Trustor; and to likewise pay all taxes, assessments and other charges, levied upon or assessed,
<br />placed or made against, or measured by, this Security Instrument, or the indebtedness secured hereby, provided that the
<br />Trustor shall not be obligated to pay any such tax, assessment or charge if-sjich payment would be contrary to law. The
<br />Trustor shall promptly furnish to the Lender all notices received by the Trustor of amounts due under this paragraph. in the
<br />event of the passage after the date of this Security Instrument of any applicable law, creating or providing for any tax,
<br />assessment or charge which may not be lawfully paid by the Trustor, the Indebtedness secured hereby, together with interest
<br />due thereon, shall, at the option of the Lender, become immediately due and payable.
<br />3. Application of Payments. All payments received by the Lender under the Note or this Security Instrument shall be
<br />applied by the Lender to the Note or Mortgage in such order of application as the Lender may determine.
<br />4. Liens. Trustor shall promptly discharge any lien which has priority over this Security Instrument unless Trustor:
<br />(a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b) contests in
<br />good faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate
<br />to prevent the enforcement of the lien; or (c) secures from the holder of the lien an agreement satisfactory to Lender
<br />subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien
<br />which may attain priority over this Security Instrument, Lender may give Trustor a notice identifying the lien. Trustor shall
<br />satisfy the lien or take one or more of the actions set forth ft.ci khi gO days of the giving of notice.
<br />PO Box 03- 00
<br />A'�I,AIIA Y1Y•.i ILI&I A�II AA AAAA
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