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<br />MED OF "MUST SO— 106696
<br />E-SEn OF TRUST ('See” Ilutrurttertll a meta on ether 17th day of _ _ NOVPMbPr _
<br />TMtrt,MOru Donald F_ cr bmidr_ And Ut. I , .SC jdt (band. =L -tilt•• )- — -----
<br />( ^Hortowar °) The trust" is C w -Wrist Padval SmV art! Lean Aasoctawn
<br />"f• The beingficLary is Coteweclal Federal Servings and Loan Associatim which is organaid arM eYuaL'rtg under Rb laws Of N*IX* ka, sM whose address to 4460 Farnam. Omaha
<br />__,', (.L «tde�. flarro+Nr area Lender tha print" sum o1._ r isand aPAI —W-3M 001wira
<br />1 Q.3• �_► Ttm debt b evidettoed by eorroww s note dated"sam, data as this Security instturroM rislob). which provdn tar monthly minients. *Nh tM
<br />_ a noa paid MW. dull No peyaDM on
<br />_ kaeturnent maim to Lander: (a) tM rePa'St%*M of the debt evidenced by tits Nona *A% nteml and cue mine wys exNrtsal' and modrOaborls. (b) the paytr ant of go otlwr
<br />ad�r>Nd under paragraph 7 to Voted trio security of this Seewhv tnshument: and (c) the toerMrmanoa of Borrower's cdvenvants and etgraements For this purpose.
<br />_ I nwcaby grants and eo vatrs to Tnntes, in trust, with poser of aye. the f*m-d g desuibed property located in Nall ")_ County. Nebraska-
<br />of Twenty -Three (23) in Block Two (2) in Normandy Estates. an addition to the City of
<br />=and Island. Hall County, NE
<br />naaaheaddrossW T�D8 Wj,car h+f^a TSland
<br />(Street)
<br />68801 rProperty Address ?:
<br />with all the Mnploverttartb now a f+etea9arrieeted M the Property. and Wyec2ainMYC5,7ghRt epur•enainces t xs. rnyalbas mdr�v3,B6 and gasev�v a• PI OM water
<br />and sicclt and al fixtures now or hereafter a put: o- ill- property- All replacemants arid. VZONara shad also be covered by lyre ISQ-34V Iris +v_maat-,20 cl ire t Tfgary is referred to in
<br />Instiu entUsthe'Property,
<br />_ •-=�R COVENANTS that Borrower b lawn ft 38-d Cl the es :W9 hen ty carhaped ;.2% !•r8s the ng:: v Scant and xrrRC 's ti P^eLet?' and 9`tai the Property i9 unencumbered.
<br />.. - ip enCLTOrafEN! N S Chet. Borrower Is l ranffi we qe5 dxtend ge7a ljq, *e fide to Lire izz- otb dTarCs' al. ,-W tts and demands. subject to •sty a {cumbrances of record-
<br />"- SECURITY INSTRUMENT D2Tltrres irt(om covirriam for natOtra•. <za and thartwtrfra+^ce+endn� ,u•1t.: ,rated variations by iurediction to Cars--Me a uniform securely instrurtwit
<br />teal property.
<br />- m i�avisBOrttna,a
<br />jor a
<br />d 3xCL:r�derC+4i+a L agreeastrP,••ws:
<br />_ - -_ IIA Aifxd,pal attest urienea'>: aat4paymaria atttee Charges Bortovyer sh0,3n -pr_7: Daft when due the Principal of and interest on the debt evidenced by the Note and any
<br />_ - icy,' Ra7m wig it Gue W7= t7e Note. - i 1 is are due render the Nob. until
<br />(all Wlmaa deal ItleaeDltrda $xtyecl to applicable law or to a written waiver by Lender. Harrower snag pay o Lender on the day nioniMt/ ment.
<br />A&& dr iftll. a MM t'l i-ki,2 •Y eCual 10 one-twelfth of: (a) yearly taxes and asses � which �yn�; j�Prio�n�r�iSneeamgnay called mQeta (b) sterns.' Lender may ere payments or
<br />a m u V. Lie f�poolk it acip-. it ; ,a" hazard insurance premiums; and (d) yearly
<br />4" Oq Te basin Of ca -;art ,."13a and reasonable estimates of future escrow items. 1 �
<br />i s tit: Lie held In an 6tsbrtlbon the deposits or accounts o1 which are insured or guaranteed by a fedora cur state (inc lulling d lender Is such an inshtuten). Lender
<br />aooy ¢ -.:mica to pay the escrow items. Lender may not charge for holding and applying the Funds. anayrng the account or venfyng the escrow trams. unless Lender pays Borrower
<br />_ __ __ _ _ _ _y ill.. r� Lender rn make S-.-:h a rhafCA Borrower and Lender may agree in whiting that interest shy) be paid on the Funds. Unless an agreement is
<br />pr ^� �. -_. _ make art
<br />or uppGCalS;a law regiires interest to be paid. Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to nonower rrt�rhuut «•teb
<br />the Funds slowing credits and debits to the Funds and the purpose for which each debri to the Funds was matte. The Funds are pledged as
<br />n�„ree by this Security instrument.
<br />- -- the Funds held by Lender. together with the future monthly payments of Funds payable prior to ntu? 7ue dates of the escrow items shall exceed the arnorxtt requited to pay
<br />�• -u when due• the excess snail be. al Borrower's option. either promptly repaid to Borrower or cred:r3i = Borrower on monthly payments of Funds. If the amount of the Funds
<br />rvdr is not sufltewnt to pay the escrow items when due. Borrower shag pay 10 Lender ors; atr..um r arj to m&k� eR ttvw nalit:ertu t:. dills cur nerd 03y1118nt9 89 required by
<br />pepwrtt in full of all sums secured by this Security Instrument. Lender shall promptly refund to Borrower any Funds cold by Leader If under paragraph 19 the Property is sold Or
<br />by Leader. Lender shall apply. no later than immediately prior to the sate of the Property or its acquisition by Lender. any Funds held by Lender at the time of application as a credit
<br />-- _- sums secured by this Security instrument.
<br />_ - of pyrymenita U lass applicable law provides otherwise. all payments received by Lender u3drr raragraphs a and 2 shall be aPgies sl to late charges due under the
<br />_second, to prepayrnem OZG. ft3.OUe under the Note: third. to amounts payable under paragraph 2; fourm., ei +t»erest due: and last. to pnnopaf dual t" ; n lnstrturte!!t. 2nd
<br />UW& Bonortren soal: ,.tay all taxes. assessments. Charges. fines and Impositions attruirulaDtd ;u •;la f`iop ay AWOfi r i a�:6 , r=.i:.: a
<br />-- rr ground teetls. :,"i arty. Borrower shall pay these obligations in the manner provided in paragraph 2. or it not paid in that many e:t GlIm7raer an to pay them on time dxecity
<br />pprygi cmail llz rent. Sortzwer shall promptly furnish to Lender all notces of amounts to be paid under this paragraph. r BOroower maWea two payments directly. Borrower shall
<br />- :' I.49,ndef receipts evidencing the payments.
<br />•r.a;,r:
<br />promptly dLschar4a arty lien which has priority over this Security Instrument unless Borrower. (a) agrees in wrr;tn;'M me paytnen, Of the Obligation secured by the lien
<br />rom in a
<br />-- aaeptade to Lender. (b) ilpnUsts in good faith the hen by. or :e'srds against enforoemem of the hen in, legal protec+ ry-s which rn Crier l prder's opinion operate to prevent the
<br />-_ - a fodett end% any part of the Property: or (c) secLns {rein the holder of the lien an agreement satisfactory, to Lender suboaiir. 1tr g the lien to this Security Irtstrutttent.
<br />deformities that any part &:,be Property is Subject to alien whtc: riay.attam priority over this Secum: j Instrument. Lender may give BottouW h -oboe identifying tfte lien. Borrower
<br />sa" the lien or take one or rt?ie of the actions set forth above w tr n 10 days of the giving of notice.
<br />Borrower shag keep the improvements now existing of hereafter erected on the Property insured against loss by fire, h rte• its der requ within the term 'extended
<br />and any other hazards for which Lender requires insurance. This insurance shall be maintained in the amounts and for the periods that Lender requ:e5 ."••T`6 insurance carrier
<br />_'- the insurance sham be chosen by Borrower subject to Lenders approval which shall not be unreasonably withheld. -
<br />r policies and feneaFaS shall be acceptable to Lender and shall include a standard mortgage ClauSe- Lender shal; haVe the nght t0 hold tt•.A pO;rCt "� y!i. rrnrew'r a 11 Lender
<br />itnrrevter sham promptly glvtre: Lender all receipts of paid premums and renewal notices In the event Of less. Borrower shall give prompt raw o> to t'ie msri�e came
<br />r and Lender.
<br />__ proof o1 loss it m7l inede promptly by Borrower.
<br />- -- • =r,-a and Bortovret• ol}rcnwse agree m vent rig, insurance proceeds shall be applied to restorabon.or wait of the Property damaged.. it mo +r�tor`�on nr,•epair is econamlcr7ly,�
<br />office-es S@eurtly r5 ! lessened. If the restoration or repair is not economically feasible or lendei l runty would be lessened - the t. sa'a r cp gr x zeoy s tad be apDDed .v ors
<br />tjr,,,Ma _ceWrdy Iratr jment. whether or not then duo. wrin any excess paid to Borrower If Borrower abandons :'+e Proper". or gees riot r Baer ai. r 31, days a notice horn
<br />- ;A- inianWt a carver has offered to settle a claim, the Lender may coven the nsuranee proceeds Lender may t se Ite a-oceeds TO tepzld? r@Sace h? (+h 7 why Or to pay sums
<br />by ttur Cdr Inn y instrument. whether or not then due The 30-day period vval 13e4n xhf?n the notice is given
<br />_mdse old eorrower o$7e?rse agree in writing. any application Oi proceeds in 131IMMai shall not extend or pos!pone t'te die date of me r0 M- E$VrMfn6 •ts it -r--' tom paragraphs
<br />2 or change the amount of Ith G, rtnentS 11 under paragrapn 19 m�• Prrigyr; ry;W;W! d Oy Lender Sorrv.ver s ngrit to any asurance POItaerz ar,i agceeds resu'fing from damage to
<br />=•.3nOr to the acQursition st Heir pass to Lender t0 the extent of, 11111 erums zL•i:ilre'7y 11n6 SecV•h• instrument im riled 3!ejr prior to the ecr�iysif:r7-
<br />PISaMVation and Yalntanam -elf Property: Leasenolcm Bo, recd fr _17, :1 c; vi area. Oam4ge Or q•.bntan& a_, criange tit° Pro:zartr enow th a.lat7Yi:•Y r, rn!enora!e or commit waste
<br />Secd+mir Instrument is on Ieaseihcld. Borrower shall comply with ilte rjly dr`' .- ' It hledSe. dint ,f BGrc71:er ac-o -res tCo Me 10!!,e P!Qparh• L•? !f ?•SehJ�3 and tee tithe sniatl not mesoe
<br />_ veneer agrees to the merger in writing.
<br />PeoaeeflOn Of LMtder'a tlighb M the Prof arty; Alortyaga Insurance, it aO�rovmr tails to perform the COVenants and agreeme 9 Conte noel in tht4 Security InSirwnent. or there is a
<br />proceeding that may signiheamty affect Lender's ngfns in the Property (such as a proceeding in bankruptcy. probate. tot condemnation or to enforce lass or regUlaborts). then Lender
<br />do acid pay for whatever is necessary to protect the value of the Property and Lender's rights !n the Property Lender s actions may include paying any sums secured by a lien which has
<br />- °' Security Instrument, appeanng in court. paying reasonable attorneys fees and en'engg on the Property to make repairs A.thotuyt Lender may take action under this paragrapa
<br />no ham to do so.
<br />amounts disbursed by Lender under this paragraph 7 shall become ddd'•onal debt of Borro+er secured by this Security Instrument tlatess Borrower and Lender agree to other terms
<br />_- -' -`- these amounts shal) bear rrtereSt from trio date of d•SburSeme'tt at the Note rare and shah be payabte. with .merest upon ria ce from Lender to aorrowet requesting payment
<br />• oridrr required mortgage msurancB as a condition 01 making me loan secu'ed by tr-s Secur.y Instrument- eorrower shad say thg prem•u'ns required to maintain the insiramCe :n effeCt
<br />such tittle as the requirement for the insurance terminates in accordance w.In Borrower s and Lender's w'id'en agreerrert or nio %cab:e :ax
<br />IeepeoBon. Lender of Its agent may make reasonable entries upon and ,nsaecl'ons of Ine P•oDe3h• Lemder s"a'. g-ve P.c : %e• 'no'Ce al the time Of or prior 10 an nsoect.Cn speCY!v r+3
<br />-_ cause for the inspection
<br />t onjeeyraNpn. The proceeds of any award or dam for damages C•rect or conseCVer!a• n connnttlon .S In any co^_eTra :on nr other taking cot any part o' Ire Property, of •or
<br />-- _ to lieu of Condemnation, are hereby assigned and snac be;:ad ro Le nder
<br />"' -." of a total lalung of the Property the proceeds shd'I be aWi•eo t: tt'e SLMS secured ay to s Se7ur t: ns'rt;•cen! -e.`•e'rer o' nil then duo. with any excess paid to Borrower to
<br />- of a partial taking of the Property ur.!m Sorro6Er and Lender ctrer& se agree 'n wit -g !rte 5,.°•s securer? by 11 s Sec.dfy InstiumFnt shall ho induced by the amount Ot the
<br />?=
<br />multiplied by the tonrnnng traCUOn tat trio total amount of :• a Su s Sec Veit . r^ eG
<br />3, ,,f 9e'Ore ti-e Iaa nit C vied C.,.Dr r•-e far market value of vie Property immediately before
<br />'- Any balance snail be paid to Borrower
<br />iira Propany is abandoned by BorrOwer. or 6 after nonce by Lender to Borrovi er I ^a! I ^e co'Iae -ncr ake an aya•d c• se" - a ( lawn ion tlarnopes BOfrower fa. ;s to respond t0
<br />i. 30 days after the date the nct:Ce ,S glen. Ler-M, •S a_lr4WCd *0 COI!CCI a^d aWii ' ^e cr>Ce° -r%4 at c5 cct :on a ••P• •. •e 1;!6:ail31 or fewer at !••e Prccerry or !r •^e sums
<br />-'vby this Security Instrument, whether or not Men dire
<br />9rin•inr and Bbnon'orothermse agree in Writing, any apgicaW. , or proceeds to Dr•ncipal sf••a'i 'we "'0 Or ms!po•+e t' -e�.£ �J'd ;'ing rn >'n; ^t: W'i''••e ^'s fc'•er'�0 •, ^Caray^f 2[.rS
<br />2 or change the amont of such payments
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