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<br />Stale of Nelinuke
<br />90- 107224
<br />1SW* Above Thb Ida* Por Rernr/UR DWI - --
<br />FHA Caw No.
<br />DEED OF TRUST 1 321- 1449371 -703
<br />THIS DEED OF TRUST ( "Security Instrument") is made on Bacetttiber 14 .1990
<br />The grantor is
<br />Ly Thi Bich Le, an unmarried person
<br />( "Borrower "). The trustee is Commercial Federal Bank, A Federal Savings Bank
<br />raastee"►. 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.D. Box 1688, Grand island, NE 68802
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />Twenty -five thousand fifty and no/ 100------- --- --- -- -----------'-
<br />Dollars (U.S. S 75,050.00 ). This debt is evidenced by Borrower's note dated the same date as this Security
<br />Instrument ( "Note "), which provides lot- monthly payments, with the full debt. if not pain earlier, due and payable on
<br />January 1, 2021 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
<br />by the Note, with interest, and all renewal:, extensions and modifications; (b) the payment of all other sums, with interest,
<br />advanced under paragraph 6 to protect the securetty od 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 Hall County, Nebraska'
<br />Lot Seven (7), in Block Six (6), of Schimmer's Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />mss.....
<br />which has the address of 720 West 13th Stir., Grand island
<br />Nebraska 68801 InP t oriel, t "Property Addre%%" );
<br />TOGETHER WITH all the impro%ements now or hereafter crerted on the pruptrny, and all casements, right%. appurtenances,
<br />rents, royalties, mineral, od and gas rights and profits, water right% and %took and all fixtures no\v or hereafter a part of the
<br />properli...slo replacements and addition, %hall alma he co%ered h} this Security Instrument. Ad of the foregoing i% referred
<br />to in this Security Instrument am the "E'�• °petty."
<br />BORROWER COVENANTS That Ik•m1, -%er t� U%%tull% %et%ed of ine crate n:rchy conceved and njfor rigid itt tine 4aim.
<br />grant and convey the Property and That nc,: Propert% is unencumbered, ror encumbrance. at record. harrower warrant%
<br />and will defend generally the title ro Me Property against all claim, and demand%. %ubject to an> encumbrance% of record.
<br />1. Payment of Principal. Interest and late Charge. Ilorro%%cr %hall ra% when Clue the principal ol, and intereml an, the
<br />debt evidenced by the Note and late charge% due under the Vote.
<br />2. Monthly Payments of Taxes. Insurance and Other Charge-4. liorroa er .hall include in each numthh payment. touclhcr
<br />with the principal and intcre%t am %et forth in the Note and am late char,tcw, an irmallincnt of :111\ (a) tame, and %pedal a %%csm ucnl%
<br />levied or to be levied against the Property. (h) leasehold payment% ur pround rent% an the 11rolxrty.: and to prenuum% for
<br />insurance required by paragraph d.
<br />Ale, f ,.r 111 \ \ebr�.A, 11red nl I ru%1 •12 t19
<br />40 401NE1 - v. - .,.... , ,..�•.. ..
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