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<br /> .���:,��,:�-�-� St�te ot Nabriuk� DEED OF TRUST ��---�
<br /> ���:;,,,�� pril 11 .!9 92 ---
<br /> �����:� THIS DEED OF'tRUST("Security Instrument")is made on A �
<br /> - �°_�,��. �;:'' �:' The �t�ntor is .
<br /> ����niy:;7,F��i.. • . .
<br /> -� ° 7 �•.. 't ,.�� � Kelly J, Schade aiad Jolene B. Schade. huoband and wifa.
<br /> -��.'�. � ----
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<br /> _���,�{�}�},� �.`:�:i�?a,•_
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<br /> -_a„� '���'�'T�� � ("Borrower"). The a�ustec is National Bank of Commerce Trust and S�vings Aseociaiion. 19th and
<br /> �;�. :�-_. ("Trustee"). The beneCiciary is
<br /> °�%.Yi�.ffY1(v'(f.lrmir4l��f•'-�`�•� u��� Stleet• Lin�ol�nr NE 68508
<br /> '�����"�"''� T}oe (lverland National Bank af Grand Ialand ,
<br /> n,�., �_��
<br /> _� � . ,and whosc
<br /> '"`.r� which is organized and existing under the laws of Nabraelca __
<br /> _;ir�;�,_. . ', address is 304 Waat 3rd Sts.. P.O. Box 1688, Grand Island, NE 68802
<br /> .,_��� ('•Lender").Borrower owes Ler��ler the principal sum of^ :�;:,',�" ;:
<br /> ,�e , � �._� ._._.�.m.�...�
<br /> �,, � s. ' '
<br /> � ;��,�.. Fifty-throe thousand eeven hundred fifty �nd no/100-----^-°�--'°°"-"'°���-�� � '
<br /> - Dollars(U.S.S 53,750.00 ). Ti�i�debt is c�ldences3 by 9orroWPr'�note daced ct�e same date as th;s Securicy
<br />. � �- �r�.e Instrument ("Note"), whlch provides for monthly payments, with the full debt, if not paid cnrlier, due and payable on
<br /> �'at:r,�c�':``
<br /> .::;�� �,,:„ • May 1� 2m�1 .This Security Instrument secures to l.ender:(a)the repayment of the debt evidenced �rr,�,_
<br /> � -t 'st by the Note. with interest,and all renewals, extensions and modifications; (fi�the payme�t oP all oz�her sums. with intcrest. ,`�,���:.
<br /> "••� � �'"��-,, advanced under paragraph 6 to protect the security af this Secu�iry Instrument;And(c)the periarmance oi Horrower's covenants _ ,��,�_
<br /> •,.,..
<br /> �'"� and agreements under this Secutity Instrument and the Note. Por this purpo.ce, Borrc*wer irrevacably grants and conveys to ' � �.x::
<br /> c�::::;__.
<br /> • .. • Trustee. in trust.wiah the power of sale,the fm,lowing described property� locatcd in �±,�;;�_._-
<br /> }�7,�. Caunty, Nebraska: --M --
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<br /> . . ,�;�.: �[+i�n,����
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<br /> 8�;'�.'� Lot 1wo (2), T�ra-Leigh Subdivleion� in the City of Grand Ieland. Hall County. Nebraeka. -;y;;;
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<br /> _.. 1,,,-• . , � //�� �: � = Q/� � � y � � � – '
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<br /> ��; ' _.�;' � � � Gl ( .� 1 . .7 n � __.-_
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<br /> �ti1nY1.Cil)�I, ' .
<br /> � which has the addee+c of 2514 West Sth Str.� Grand Island � .
<br /> , Nebraska 68��5 Ir�r c��a�l, l"Pro�xr�} .\�3�r��s"l: �
<br /> `,�"�:,��,•' ��',:.' TOGETHER W ITH all�h��xoi�eo�emenu nou or t:rc�atc�r erex���l un thr pn��xrty,and aU caxmrn��,rights,appunenoncrti, � , .',
<br /> . ,,;,;;;';:``;';�'' '' ren�s.royalties.mineral,oil anc� �:ac ripht�unc0 nrc�ri�;. u,�r,wr r�gh�,and ����rk and all iir�ureti noN ar hereal"ter a part nl'the � `,,,.:'
<br /> :,'r;;:1.. :;,���•'':'• � . property. All replacemems and ad�ii�ion�c �h.704 ai�,, hr ro�•rreJ h��thi.1�curii�• Intitrument. All uf the foregoing i� relerred : . .,
<br /> ,.l, to in this Security Instrurnent ati ihc "Pro�+crt�.' ,
<br /> . 'i'�'.i�+�` �. ; ..
<br />, � . � ��'���. � BORRO�VER COYENANTS�hat liorru���rr i,la��full> tiri.cv a(�hr�•wcr hereb��umr>�d and hu��hc nEht tu munFa�c.
<br /> gra�[and convey thc Propert}•and that thr 1'n,pen��i.wirncumhrrcd.�r«Pt I�x cn.umhrancc�al'rr.ord.{iurm��cr��;urant+ .
<br /> . and Will drfend generaUy thc title tu ihc 1'r�,�xn>• against aU .laim. and demand+. ,uBirct �o i�m• rneumbranrr.ol recurd.
<br /> i 1. Pa�menl of Principal.Inlere!�1 vnd I.s�le('horuc. liorru��rr�hJII �.1\ ��hcn du�thr pnn�rral t�l'.and intrrc.t un. thr ,
<br /> � debt rvidrnceJ by thc Nutc and latr rhar��+ Ju� tu�d�r Ih�Not�.
<br /> . 2. MuMMy Ya)men�sof Tases.Imuranreund 111�erCt�►pEe+.Ei��rro��ci �hall in�luJr in�ath mun�hl> �►a>m�n�.iuECthrr
<br /> ��•ith�hr principal and inten�st uy,ct(urth in�i��ti��t�3f1�:111\ I;IIC��711'�IC�.c1I1 ItlN:l��llll'lll al :Itl� (.1)IdK�:Illl��{Rtil:l�J��C+�tllCllh •
<br /> . � �'�•' IcvicJ ur to tk le�•icJ agnin�i �hr I'ro(krt�. �h► I�a,clauld ralmcni� ��r grouuJ tcnl. �,ii thr F'rup�rt�. and 1�1 prrm�um. lur
<br /> insurancc requircd hy par�graph 4.
<br /> l:rcr I .,f� F11� \�h►q.�r(Ieed uf Irud •12 It4
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