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THIS DEED OF TRUST ( "Security Instrument ") is made on November 6
<br />Thq grantor :s
<br />Michael J. Lyons and Lori L. Lyons, husband and wife
<br />( "Borrower "). The trustee is National Bank of Commerce Trust and Savings Association„ 13th and
<br />11011 Street, Lincoln, NE 68508 ( "Trustee "), The beneficiary is
<br />The Overland National Bank of Grand Island
<br />which is organized and existing under the laws of Nebraska , and whose
<br />address is 304 West 3rd Str., P.O. Box 268%. Grand Island, NE 68802
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />Forty -seven thousand two hundred fifty and no /100 ---
<br />Dollars (U.S_ $ 47,250.00 )• This debt is evidenced by Borrower's note dated the same date as this Security
<br />lnstnument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due.hn.d payable on
<br />December 1, 2020 . This Security Instrument secures to Lender: (a) the repayment of thrc &bt evidenced
<br />by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest,
<br />advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenarrrts
<br />aradl agreements under this Security Instrument and the Note. For r1.4. L?urpose, Borrower irrevocably grants. and conveys to
<br />Trams. in trust, with the po+wKer of sale, the following described property lacatei: in
<br />Hall County, Nebraska:
<br />The East Half (El /2) of Lot Seven (7), in Vantine's Subdivision• being a
<br />part of the Northwest Quarter (W.L /S) of Section Twenty -Two (22), in
<br />Township Eleven (11) North, '•2, ge 'dine (9) West of the 6th P.M., in Hall
<br />Coeeatyb Nebraska, exceptlgg therefrom the South Ten (10) feet thereof.
<br />wi d—t has the address of 1016 S. Sycamore 3CS.. firan.8 rsEand,j (srrcec. V Ityl.
<br />Nebraska 68801 (�,Praperq- Address ").
<br />TOGETHER WITH all the improvemenlr now or,-lu'reaJ.rer crux_ ai (in the property, and alf casements, rights, appurtenances,
<br />rents, royalties. mineral, oil and gas rights and profits. vl w] rigtirs and stock and all firturea. now or hereafter a pan of the
<br />property. All replacements and additions shall also be cn%cred by this Security Instrument. All of the foregoing is referred
<br />to in this Security Instrument as the "Propeny."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />1. Payment of Principal. Interest and Late Charge. Borroucr shall pay when due the principal of, and interest on, the
<br />debt evidenced by the Note and late charges due under the Note.
<br />2. Monthly Payments of Taxes. Insurance and Other Charges. Borrower shall include in each monthly payment, together
<br />with the principal and interest as set forth in the Note and any late charges, an installment of any (a) tares and Special assessments
<br />levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for
<br />insurance required by paragraph 4.
<br />Ane r of -t I,H4 \ebra. ►a Detd of Iru„ - 12 89
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<br />(SMce Above Tbb I.Ue For Retotiiag Dar111
<br />FHA
<br />Cast No.
<br />State of Nebvmka
<br />DEED OF TRUST
<br />321 - 1436769 -703
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<br />THIS DEED OF TRUST ( "Security Instrument ") is made on November 6
<br />Thq grantor :s
<br />Michael J. Lyons and Lori L. Lyons, husband and wife
<br />( "Borrower "). The trustee is National Bank of Commerce Trust and Savings Association„ 13th and
<br />11011 Street, Lincoln, NE 68508 ( "Trustee "), The beneficiary is
<br />The Overland National Bank of Grand Island
<br />which is organized and existing under the laws of Nebraska , and whose
<br />address is 304 West 3rd Str., P.O. Box 268%. Grand Island, NE 68802
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />Forty -seven thousand two hundred fifty and no /100 ---
<br />Dollars (U.S_ $ 47,250.00 )• This debt is evidenced by Borrower's note dated the same date as this Security
<br />lnstnument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due.hn.d payable on
<br />December 1, 2020 . This Security Instrument secures to Lender: (a) the repayment of thrc &bt evidenced
<br />by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest,
<br />advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenarrrts
<br />aradl agreements under this Security Instrument and the Note. For r1.4. L?urpose, Borrower irrevocably grants. and conveys to
<br />Trams. in trust, with the po+wKer of sale, the following described property lacatei: in
<br />Hall County, Nebraska:
<br />The East Half (El /2) of Lot Seven (7), in Vantine's Subdivision• being a
<br />part of the Northwest Quarter (W.L /S) of Section Twenty -Two (22), in
<br />Township Eleven (11) North, '•2, ge 'dine (9) West of the 6th P.M., in Hall
<br />Coeeatyb Nebraska, exceptlgg therefrom the South Ten (10) feet thereof.
<br />wi d—t has the address of 1016 S. Sycamore 3CS.. firan.8 rsEand,j (srrcec. V Ityl.
<br />Nebraska 68801 (�,Praperq- Address ").
<br />TOGETHER WITH all the improvemenlr now or,-lu'reaJ.rer crux_ ai (in the property, and alf casements, rights, appurtenances,
<br />rents, royalties. mineral, oil and gas rights and profits. vl w] rigtirs and stock and all firturea. now or hereafter a pan of the
<br />property. All replacements and additions shall also be cn%cred by this Security Instrument. All of the foregoing is referred
<br />to in this Security Instrument as the "Propeny."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />1. Payment of Principal. Interest and Late Charge. Borroucr shall pay when due the principal of, and interest on, the
<br />debt evidenced by the Note and late charges due under the Note.
<br />2. Monthly Payments of Taxes. Insurance and Other Charges. Borrower shall include in each monthly payment, together
<br />with the principal and interest as set forth in the Note and any late charges, an installment of any (a) tares and Special assessments
<br />levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for
<br />insurance required by paragraph 4.
<br />Ane r of -t I,H4 \ebra. ►a Detd of Iru„ - 12 89
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