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<br /> [SP�ADove 7�N Une For Raordts�I?mt�l
<br /> DEE� OF TI�UST �''
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<br /> �
<br /> THI5 DBED OF'TRUS'!'("Security Iastrument')is made on December 18, 1998
<br /> .Tt�:e+�asmr is
<br /> ��� J. �nr��}pgy � p�ELA g� MURpHY, Husbaad and W�.fe .
<br /> (■Bor�zver").The wstea is NORWEST BAffit. NEBRA3KA, .I�►TIONAI. ASSOCIATION
<br /> ("Tr4i�txe'').tfie becenciar��is NOR�?'SST SAitK iuE�sicls3Ftb, NaTltf2iAL S�°.JC:.l4TZ� �
<br /> . .. ,end whose
<br /> whish is organiud and e�dstinE undeT the laws of the Uaited �tates of Amexica
<br /> '� addnss is
<br /> 202 West Third Street, Grand Island, Y�E �, $8 e„� ���ao������p��p�Sumof
<br /> :,�, .
<br /> Dollma N•s.S 110,000.00 . �•
<br /> t3iv����;liNDRED TEN THOUSAND AND NO/100---- . Instrument("Note").whid►,1fr34LU�a far
<br /> This.`.�7�'bt is evidenced by Boirower's note dated the s�aa;i&�ta as tLis Securtty . : .
<br /> montPily payn�ents,with the fuU�leb�If not paid earlier.due aiid payable on Deceaber 20. 2003
<br /> 'fhis 5ecutit3►Insavment socu�to I.ett,der.(u)tbe rePaYment of the debt evz�2nood by tha Note.wlth intenst,and all renewals. .
<br /> �;tons and modificationa of the Note:(b)the PaYment of all other sums. with Imerest, advanocd under pamg�ei�h 7 to
<br /> pru�e,,i�aJ!e secunitY of this Secucity lnsuumen� and (c)the P�rfoimai►x of Borrawer's oovenants end►agroesnents. For tttis
<br /> P�pu:'ie•Borrower irrevocably grmnta and oonveye to Tntstee.in uust.wlth power of sale.the following desaibed PmptrtY
<br /> IocAted in
<br /> Hall Couaty.Nebraska:
<br /> Lot 12, in B7i���C��3, in Replat of Riverside Acsea, a�n� Addition to the City of Grand Ie7.and,
<br /> g�x� r�y���ty, ,.�T���aska� except that paxt thQreaf deacribed �$: be6^�tu►hv attcornnr Cl�sareqf;�
<br /> tlae,s�r�s'� �.ine of Lot iz. said poinL 'ueiu� aa.`� f�e:. ua:tk a.. L3� __. ..,
<br /> then�aaxth siong the weot liae thereof; i�3:3 feeC to the no�thwest corner c�erea��;
<br />- 9i4�34efee��tiliencetnouthweaterly to the8point ofebeginning,racaording to ti�e�recor3edf
<br /> >.:,�'
<br /> ° ��3t .t�lCra���
<br /> ;,.'• ' .., ';' (Strat,CIryI.
<br /> which 6as the addxess of 23��1 Arrowhead, Grana IsS.aad , � . .
<br /> Nebr�ska 6��'Oi (PcnPonY Address");
<br /> � ��
<br /> . ,. `. C�P�10�:, , ,, , . �• .
<br /> �':'�'4�3BTHER W1TH all the i�rovemems now er hereafter erected on the pmp�ty.�:nnfl all easements,��S• �. .'
<br /> � Sxturen now or Itezeafter a pact of the property. Ati repIscemonts ead s�ditiaa.,°�sL� �mver�l y tbis Sscurity
<br /> Insuument.All of the faregoiag is refeirad to�n d►is Security Instntment as the"ProperiY." � �
<br /> " � BOYtROWER�4YBI3ANP�thai Borra�.�iesn�bere.except� for en�cumbrancesy oFnrecord. Bo43n'awer a�rrants�will 11,•''. '
<br /> comrey the PropertY aud that the Properi3+
<br /> defend generally the t�de to the Property agains¢all claims and demands.subject w any encumbrances of record.
<br /> TIiIS SECURITY INSTRUMENT oombines uniforcn covenants for nadonal us�and nomuniform oovenants with Ilmitc:d
<br /> — ��..:...:a.�;.a;�m mnctiwte a uniform sectuitY iasuument ooveriag real pmpertY• .:
<br /> �- ;a,:�av.�.., --
<br /> UNIFO�tM COVBNANTS.Bomower and Lender covenaut and agree as io�i�:s. 3 when due ttre
<br /> — � l. PaYment of P►incipal and Interest; PrePaYtuent an3 Late Charges. Bormwer sbnl! prompt�Y P Y
<br /> princigal of aad interest on the debt evtdenoed by tha Note and any pnePaYtnent and late charges due under the Noie.
<br /> Z,F'unds for Taxes aad Insurance.Subject to�l�cable law or to a written waiver by 1[.�n�er.��wer shzll pay to
<br /> �pr on the day monthly payiaenta s�re dee uader the Note,untit the Note ia pald in full,a sum("Funds")for.(a)y�Y��
<br /> � and assessments which may ntwia►prtoriry over this security insuu�nt�s!1�oFS il� -F*�a�+;tY'.�NY floodinsumna p��
<br /> � or @,ronnd tents on the PropertY.if any:(c)yearly ha7ard or pmperty ituurancepremiums:
<br /> i:any:(e)Yearly rtwrtgage insuranoe premivar�,lf any:and(�e�ry Sua�s PaYuble 6y Borrower to I.endec.in accundanoe �
<br /> �— the provIsions of paragraph 8.[n lIeu oi the payment of mortgage[nsurance premiums•Tit�se t�ems ere�11od��Ow Items•
<br /> - i ender may. ut c�ny time. eolleet and R�oolr�ower's esemw acco u t uader the�federnl Real Estate�Settlement deFcoc�alures�Actlof
<br /> — relaied mortgage loan maY�+A �a
<br /> � �g�q as amended from dme to t��ne. 12 U.S.C.Sestfon 2601 et seq.('R�SPA'). unless onother law that applies tQ the Funds
<br /> sets u les^�r amount. If so. Lender may. at any tirne,eollcct r�td t�Qld Fun�g in an omount not to eacaed the lesser a�nount.
<br />_= F�.se�row Iteyms or a;eenvi�onnccorduns�with applicable faw af cument data and�easonable estimates of eapenditure�of fut�re
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