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<br />FHA ('au Na.
<br />State of Nebr=M DEED OF TRUST 321- 1446947 -248 -T
<br />THIS DEED OF TRUST ("Security Instrument ")isMade on December 17 . 19 90
<br />The grantor is
<br />Rickie Pichler and Teresa Pichler, husband and wife,
<br />( "Borrower "). The trusive is National Bank of Commerce Trust and Savings Association, 13th and
<br />"0" Street, Lincoln, NE 68508 ( "Trustee "). 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.O. Box 1688, Grand Island, NE 68802
<br />("Lender"). Borrower owes Lender the principal sum of
<br />Thirty —four thousand eight hundred and no/ 100------------ ----- ---- --- ----- ---- -----'-
<br />Dollars (U.S. 3 34.800.00 ). This debt is evidenced by Borrower's note dated the some date as this Security
<br />Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid 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 renewals, extensions and modifications; (b) the payment of all other sums, with interest,
<br />advanced under paragraph 6 to protect the security of this Secut'inj 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 />The Southerly Seventy —two (72) Feet of Lot Six (6), in Block Twenty—Seven
<br />(27), in Charles Wasmer's Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />which has the address of 1322 W. Louise Str. , Grand Island ISIrC.I. 010,
<br />Nebraska 68801 l /ll' t odcl. ("Property Address "):
<br />TOC&THER WITH all the unprtxements nosy or hereafter erected on the properly, and all easements, rights, appurtenances,
<br />rents, royalties, mineral, oil and gas rights and profits. •.va:er rights and stock and all fixtures now or hereafter u part of the
<br />property. All replacements and additions shall also he etsvered by this Securiq Instrument. All of the foregoing is referred
<br />to in this Security Instrument as the "Property."
<br />HORROWLIC U0VLNAN I N trial ttorroNer is tawirSHt ,eked of till' VIU11C 11CM11'. Wllt l')l'u ar,u rid, toly iew,`,i iii•i i� uK�.
<br />grant and convey the Property and that the PropertV Is unet:.a:nbered. e \cept for enctattbrances 1•t rc :vr;i. Borrower to arrant
<br />and rill defend generally the title to the Propertt against all claims and demands, suhjco to .1m. el cs nbrances of record.
<br />1. Pafineol of Principal. traitress and Ime Charge. Borrower shall pay uhen due the principal of, and interest on, the
<br />debt evidenced by the N(xc and late charges due under the Note.
<br />2. Maet�'q Payments of Tuxes. Insurance and Other (Barges. Borrower shall include in each nsonthh payment• toipethe:
<br />with the principal and interest as set forth in the Note and any late charges, an mstallnlent of any (a) taus and special assessment s
<br />levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) plenuunts lot
<br />insurance required by paragraph 4.
<br />Alo. I ••t 1 tit \ \t•Nra.A;o fled of Irud •12 I19
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