State of Nebraska
<br />[Space Above T.RIs nine For Recordiaa Mtal
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on
<br />The grantor is
<br />Patrick E. 41ilsey and Michelle A. Wilsey, husband and wife,
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<br />( "Borrower "). The trustee is Commercial_ Federal Bank, A Federal Savings B`� y� n' rkie beneficiary is
<br />The Overiamtd National Bank of Grand Island
<br />which is organized and existing under the laws of Nebraska Ind whose
<br />address is 304 West 3rd Str. , P.O. Box 1688, (;rand Island, NE 68802
<br />( "Lender "). Borrower owes Lender the 0.-- rwipal sum of
<br />Thirty —six ttlauzattd rjue hundred fifty and no /100 -- -- - - - - -�—.
<br />Dollars (U.S. S 36,950 ). This debt is evidenced by Borrower's nate dated the same date as this Security
<br />Instrument ("Note'),, wl kh pr -ides for monthly payments, with the full debt, if runs paid earlier. due and payable on
<br />December 1, 2020 . 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; (b) the payment of all other sums. with interest,
<br />advanced under paragraph 6 to protect the se urity of this Security instrument; and (c) the performance of Borrower's covenants
<br />and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to
<br />Trustee, in trust, with the power of sale. the following described property located in
<br />Hall County, Nebraska:
<br />Lot Seven (7), in Block Three (3), in Schimmer's Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />which has the address of 51a iwest 12th Stir., Grand Island
<br />Nebraska -688 J1 IZIP Code], ("Property /XAdress"I. .
<br />Istreet, cityl.
<br />TOGETHER WITH all the improvements now or hereafter erected on• t he property, and all easemnents. rights, appurtenances.
<br />rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the
<br />property. All replacements and additions shall also be covered by this Security instrument. All of the foregoing is referred
<br />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 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. Borrower shall pay «hen due the principal of, and interest on. the
<br />debt evidenced by the Note and late : harges due under the Note.
<br />2. Monthly Payments of Taxes. Insurance and Other Charges. Borrower ',hall include in each monthly payment, together
<br />with the principal and interest asset 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.
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<br />State of Nebraska
<br />[Space Above T.RIs nine For Recordiaa Mtal
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on
<br />The grantor is
<br />Patrick E. 41ilsey and Michelle A. Wilsey, husband and wife,
<br />t 7 �
<br />n
<br />FHA Casc No-
<br />Z447_ 4
<br />November 16 , 14 90
<br />Q -
<br />s�:rr
<br />;:'
<br />( "Borrower "). The trustee is Commercial_ Federal Bank, A Federal Savings B`� y� n' rkie beneficiary is
<br />The Overiamtd National Bank of Grand Island
<br />which is organized and existing under the laws of Nebraska Ind whose
<br />address is 304 West 3rd Str. , P.O. Box 1688, (;rand Island, NE 68802
<br />( "Lender "). Borrower owes Lender the 0.-- rwipal sum of
<br />Thirty —six ttlauzattd rjue hundred fifty and no /100 -- -- - - - - -�—.
<br />Dollars (U.S. S 36,950 ). This debt is evidenced by Borrower's nate dated the same date as this Security
<br />Instrument ("Note'),, wl kh pr -ides for monthly payments, with the full debt, if runs paid earlier. due and payable on
<br />December 1, 2020 . 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; (b) the payment of all other sums. with interest,
<br />advanced under paragraph 6 to protect the se urity of this Security instrument; and (c) the performance of Borrower's covenants
<br />and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to
<br />Trustee, in trust, with the power of sale. the following described property located in
<br />Hall County, Nebraska:
<br />Lot Seven (7), in Block Three (3), in Schimmer's Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />which has the address of 51a iwest 12th Stir., Grand Island
<br />Nebraska -688 J1 IZIP Code], ("Property /XAdress"I. .
<br />Istreet, cityl.
<br />TOGETHER WITH all the improvements now or hereafter erected on• t he property, and all easemnents. rights, appurtenances.
<br />rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the
<br />property. All replacements and additions shall also be covered by this Security instrument. All of the foregoing is referred
<br />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 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. Borrower shall pay «hen due the principal of, and interest on. the
<br />debt evidenced by the Note and late : harges due under the Note.
<br />2. Monthly Payments of Taxes. Insurance and Other Charges. Borrower ',hall include in each monthly payment, together
<br />with the principal and interest asset 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.
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