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<br /> � � �[Space Abuve Thls Lf�For Recordir.g Dai�]
<br /> �
<br /> DEEI� O� TRUST ° N��vvest ��nk °
<br /> - - -- - --_ _---
<br /> �,tg��a� ►�c� l-i l-�� �U� P� cox 2a�o a
<br /> Omaha, r�L G�103
<br /> THIS DEED OF TRUST("Security Instrument"j is made on January 4, 1'999 . The trustor is
<br /> Scott A, Broers and Ka�thleen G. Broers, husband and wife
<br /> ("Bor*ower"). Thetrusieeis Norwest Bank Nebraska, National Associa[ion
<br /> �� ,
<br /> ("Tnistee"). The beneficiary is Norwest Bank Nebraska, Nattonal Association �� � �
<br /> �vhich is organized and existing under the laws of T h e Un i t e d S t a t e s o z Am e r i c a , and whose
<br /> addressis 202 W. Third Street
<br /> Grand Island, Nebraska 68801 ("Lendei"}. Borrowerowes Lendertheprincipal sum cf
<br /> Twenty Four. T'housand I1ine Hundred Seventy SixS�����lars(U.S. $ 24, 976. 50 ).
<br /> This debt is evidenced by Borrower's note dated the same date as this Security Instrument("Note"), whicl�provides for
<br /> monthly�ayments, with ti�e full debt, if not paid earlier,due and payable on January 1, 2009
<br /> This Security Instrument secures to L.ender: (a)the mpayment of the debt evidenced by the Note, with interest, and all renewais,
<br /> extensions and modifcations of the Note; (b) d�e payment of all other sums, with interes,, advanced under paragraph 7 to
<br /> protect the security of this Security Instrument; ancl (c) the performance of Borrower's covenants and agreements. For this
<br /> purpose, Borrower irrevo;ably granu and conve�.ys to Trustee, in trust, �N'sth power of sale, the foilowing described property
<br /> located in Hall County, Nebraska:
<br /> Lot 11 , Farmington Subdivis��n, City of �'rand Island, Hall County, Nebraska
<br /> which has the address of ].810 Spring Road, Gran�3 Island, Nebraska [scrce�,c��y�,
<br /> Nebraska 6 8 S O 1 • ("�rQpetty Address"), '
<br /> ,Zip:.u�ej
<br /> TQGETHER W:T'H all th�e improvements no�v or hereafter er�ected on the pmperty, and a�l easements, appurtenances, and
<br /> _`� fixtures now or iiereafte.r a r�art of the properi}�. All replacements and additions shall also be cov�red by this Security
<br /> Ins:rument. All of the foregoing is referred to in th�s Security Instrument as the "Pmpert,y." ,�,�
<br />�; BORROWER CO`/ENA,NTS that Borrovier is fawfully s�isecl of the estate fiereby comr_ved and has the right to grant and '
<br /> :-;: convey the Property ar�d tha�� ihe Property is unencumbered, exa;pt for encumbrances of r�cord. Borrower warrants and will
<br /> " defend generally the tide to fhe Pro a,ainst all claims and den�ands, subject ro any encumbrances of rerord.
<br /> PertY �
<br /> �;` THIS SECURiT'Y INSTRUMENT Lombines uniform coven,ants for national use and non-uniform covenants with limiterl ,
<br />, �'. variations by jurisdiction tu constitute a uniform secu;ity instrument covsring real property. ,
<br /> �; UNiFO.R,M COVENA,NTS. Bor.ower and Lender covenant and agree as follows:
<br /> �` l. Pa ment ��f Prinri 1 an.�i Interest• Pre
<br /> y Pa , payment and Late Chargcs. Borrower shall promptly pay when due the
<br /> ��� principal of 2nd interest ori the debt evidenced by the N�te and am�prepayment and late r,•liargcs due under the Note.
<br /> �` 2. Fancis tor Tux�� and insurance. Subject to applicabfe law or to a written waiver by L.ender, Borrower shall pay to
<br /> Lender o�the day month�iy p�yments are due under the Note, until the Note is paid in f�ll, a sum("Funds") for. (a)yeariy taxes
<br /> and assessments�Hhicfi may attain priority over this Security Insn•ument as a�ien on the Property; (b)yearly leasehold payments
<br /> or ground rents an the Property, if any; (c)yearly hazard or prop+:rcy insurance premivms; (d}yearly flood insurance premiums,
<br /> if any; (e) yearty mortgage insurance premi�ms, if any; and (� any sums payable by Borrower to Lender, in accordancc with
<br /> the provisions��f paragraph 8, in lieu of the payment of mortgage insurance prr.miums. These items are caUecl "Eserow Items."
<br /> Lender may, ;it any time, collect and hold Funds in an amount not to exce� ,',�: maximum amount a lender for a federa!(y
<br /> related mortg�age loan may require for Borrower's escmw accc>wnt under d�e fodeti�al Rea! Estate Settlement Procedures Act �f
<br /> 1974 as amenoled frozn time to time, 12 LT.S.C. Se�tion 2601 er seq. ("RESPA"), unless another law that applies to the Funds
<br /> sets a lcsser amaunt. If so, I,ende: may, at any time, c411ect a�nd hold Fand:; in an amount not to excced tho lesser amount.
<br /> Lender may estimate,thc amount of Funds due on the basis of��urrent data and reasonabie estimaces of expenditurts of future
<br /> Escrow Iter.ns ar��therwise in accordancc with applicable law.
<br /> �a. .
<br /> NEBRASKA•�ingle Family-Fannie MaelFreddle Mec UNIFORM INSTRUk1ENT \ � '
<br /> .;` �NI 12T97 MTQ. �Form 3028 9/90
<br /> VMP MOATGAGE FORMS•!3t 31293-8700•fq001S21•7297 Psp�1 of 4
<br /> °Am�nded S/91
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