90107193 - Laserfiche WebLink

Browse

a ..rte .yocl�ayia�r.•, t, -.. -• ••• I�.ii l2ia'L b Cu1iiA)`/ :.:r't!t' ; �!�SdiYgt4�!►.N.w�Wl,�.Y1�14Y' 1`��ll�� 4i;r��' ,; �7 90--107193 • tsoan Mow thta un to pacorrtrua waf - } F"A Caw No. State of Nebraska DEED OF TRUST 321 - 1446868 -703 THIS DEED OF TRUST ("Security Instrur ctrl is nude on December 14 • . 1990 The tmstor is 2strick K. Smltb and N#t ll a M..uya hu §Mnd and wife ("tiorrowery The ttttstee is Noeweat Bank Nebraska, National Association ('Trustee'. The beneficiary is lies at Beek "st` a. "'`join`s bnWidlon 202 No Third Street Brand Island, NE 1 which is organized and axfating under the laws of the jtnNad States of America . and whose addaiss Is third Strs.�t Gr °d Island NE 8Q601 (ILWHW)' Borrower owes Lacier the principal sum of Flay Eia i Thousand Two HundInd a)rtid 00/100 Dours (U.S. $ 58.200,00 1. This debt Is evidenced by Borrower's note dated the some date as this Seourlty Instrument ( "Nots "j, which provides for monthly paymatis, with the full debt. it not paid earlier, due and payable on January 1 2021 This Security Instrument secures to Lander: (a) the repayment of The debt evidenced by the Note, with interest, and all renewals, etdandons and modillcallons; (b) the payment of ail other sums, with interest, advanced under paragraph 6 to protect the security of this Sggatty Instrunimill; and (c) the performance of Borrower's covenants and agreements under this Security Ina•nument and the Note. For this purpose. Borrower des hereby mortgage, grant and convey to Trustee with power of Sale, the fogoM(ing described property Ioaatrc In Hall County: The Southerly Sixty ('Q0.0) feet of Lot Eleven r 11), In Block Three (3 . in Southern Acres Addition to the City of Grand Island, Nall County, Nebraska. This is a Purchase Money Deed of Trust which tree the address of 2521 Brahma Grand Island y� [cry). No 68801 ( "Property Address"); is :au) (z,o case{ TOGMER WITH all the improvements now or :,ereafter erected on the property, and all easements• rights, appurtenances. rants, royalties, mineral, od and gas rights and profits, water rights and stock and ad fixtures now or hereafter a part of the propart/. Ali replacements and additions shag also be covered by this Security Instrument. AN of the foregoing Is referred to In this Security Instrument as the "Property ". BORROWER COVENANTS that Borrower Is lawhilly seized of the estate F/ereby conveyed and has the rig"I to mortgage, grant and convey the Properly and that the Property Is unencumbered. except for oncumbrances of record. Borrower warrants and will defend gamely the this to the Property against all claims and demands, scbjecl to any encumbrances of record. 1. Payment of Principal. Interest and Late Charge. Borrower shall pay when due the principal of, and Interest on. the debt evidenced by the Note and late charges ^:ue under the Note. 2. Monthly Payments of Taxes, Insurance and Other Charges. Borrower shall include Ir• each monthly payment. together with the principal and interest as set forth in the Note and any late charges• an installment of ani, (a) taxes and special assessments levied or to be levied against the Property. (b) lease -:):d payments or ground repts err the Property, and (c) premiums for orsmsmce ragoed by Paragraph 4. Each monthly ins-Alknent for items (a), (b) and (c) shag equal one - twelfth of the annual amounts. as reasonabty estimated by Lender. .,&.. as a wet cimcient to mantas an additional balance of not more than one -surth of the estimated amounts. The lug annual amount for each item shag be accumulated by Lender within a period ending one month before an rtm would become delinquent. Lender shag hold the amounts collected in trust to pay hems (a). (b) and (c) before they become delinquent M at any time the total of the payments held by Lender for items (a). (b). and (c), together with the future monthly payments for such items payable to Lender prior to the due dates of such hems. exceeds by more than one -sixth the esloneted amount of paynerns required to pay such items when due. and if payments on the Note are current, then Lender shall either refund the excess over on*-sixth of the estimated payments or credit the excess over one -sixth of the estimated payments to subsequent payments by Borrower. at the option of Borrower. If the total of the payments made by Porrower for (tern ta). (b). or (c) Is insufticent to pay the item when due, then Borrower shag pay to Lender any amount necessary to make up the aatruency on or before the date the item becomes doe cage t c1 4 ra175.CT {Oa190) pte190f u(6l1ra0) 10010016