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' DEED OF P'RUST <br />_ " <br />TIiiS DEED OF TRUST. - ("Security Instrument ) is made on August 31 _ -- <br />• 19 90 - Thetrustattis Michael.D. Mathews and Kathleen R. Mathews, husband and wife <br />("Borrower''). The trustee is <br />Norvest Bank .Nebraska, National Association ("Trustee")• The beneficiary is <br />Norwat Bank Nebraska, National Association =which is organized and existing <br />underthelawso(.The United States of America ,andwhoieaddressis <br />r 202 West Third Street, Grand Island, BE 68801 ( "Lender"). <br />Borrower owes Linder the principal sum of Sisty�one Thousand Six Hundred and noA0OthsrR••rt"-•MV% <br />.-------------------------- Aollars (U.S. $ 61, 600.00 ). This debt is evidenced by Borrower's note <br />dated the same date as, this Security Instrument ( 'Natd'), which provides for monthly payments, with the full debt, if not <br />paid earner. due aid payable on September 1,. 2020. <br />= —sins - tl► t secures to Lender: (a) the repiyakit of-tTie-d&t �cedby die Note, with interest, and AN <br />renewals, -- — - <br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to <br />' protect thesecurity of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this r <br />1 pine► Horrower irrevocably a rn is and conveys to Trustee; intrust. with Po wer of sale, the following described property } <br />' '#ca^ tee! in Hall County, Nebraska: <br />Lot Nine (9), Centennial Gardens Subdivision, an Addition to the City <br />of Grand Island, Hall County, Nebraska, <br />THIS IS A PURCHASE MONEY DEED OF TRUST. <br />VVEZ <br />r <br />which hasthe address Of 2328 N, Locust" Grand Island <br />tstreet) 10tyl <br />Net+.rasica tt8°.(3S ( "Property Address r, <br />itw Coae) <br />TOGETHER' WITH all the improvements now or hereafter erectid on the property, and all easements, rights, <br />- - - 'ap wtens rm rrab- nwalum at and gas- righits and pair. watrr radna and siuzP and all hxturts nttsr at <br />herafter a part of the property.. All replacements and additions shall al so be covered by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property." " <br />BORROWER COTENANTS that Borrower is lawfully seised of the estate hereby conv eyed and has the right to grant <br />and convey the Property and that the Property is unencumbered, except fm encumbrances of record. Qorrower warrants <br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrance% of record, <br />THIS SECURtTV i!+STRt'?Nt V. T combines uniform covenants for national, use and non- uniform eO►enant% with <br />limited variattonsby luriscitcttoti toconstitutc a uniform security instrument covering mal prope"y. <br />NEBRASKA- s.lgta famay— FNMA /FH1MC UNIFORM INSTRUMENT faint 3026 12/83 <br />' soft,_ a. ter F :a..s• <br />tcm 2715 ' <br />r <br />