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<br /> state ot Nebraska DEED OF TRUST 321c1784919 703
<br /> _ . l,-t� Z3U� �' �C
<br /> THIS DEED OF TRUST ("Secunty Inslrumenl°) is made on December 21 st �
<br /> ,1�5 l�1
<br /> T�,e trusior is RANDALL A. WILLIAMS and CAROL F WILLIAMS husband and wife \�
<br /> ("Borrower"). The lruslee is
<br /> THE PLATTE VALLEY STATE BANK & TRUST COMPANY
<br /> ("Truatee"). The benet�lery I� THE PLATTE VALLEY STATE BANK &
<br /> TRUST COMPANY , whbh Is organlzed and exieliny under lhe lews of
<br /> The Stale oi Nebraska , end whoae addreaa ts 2222 Firsl Avenue Kearney. NE
<br /> 68&47 ("Lender"). Borrower owes Lender the princlpel sum ol
<br /> Sixt�wo Ttuousand Four Hundred Fittv and 00/100
<br /> Doliers (U.S. S 62.450.00 ). This debt Is evldenced by Borrower's note deled Ihe same dele es Ihis Securily �
<br /> , Inslrumenl ("Note"), wh�h provldes lor rnonihly peymenls, wilh Ihe lull debl, II not peld earlier, due end peyeble on '
<br /> January 1, 2026 . This Securlly Inslrumenl secures to Lender: (a) ihe repaymenl ol Ihe debt
<br /> evidenced by Ihe Nole, with hlerest, and ali renewels, extenslons end modi(icelions; (b) the peymenl of ell other sums, wilh
<br /> , inleresl, edvenced under peregraph 6 lo protecl lhe securify o( thls Securily Instrumeni; and (c) Ihe perlormance of Borrower's
<br /> covenenls end egreements under thls Securily Instrumenl end Ihe Nole. For this purpose, Bonower does hereby morigege,
<br /> grent end convey to Tntstee wlth power ol sele, Ihe lollowlnp descrR�ed property iocaled in f181) '
<br /> Counly:
<br /> Parl of lhe Soulh Ilalf (S ]/2) of Sectlon �leven ( 11 ) , Township �leven ( 11 )
<br /> North, Rnnge Nine (�J) , Wes.t c�f ihe Sixth P.M. , llnll Counly, Nebraskn ,
<br /> �lescribed as follows : ComNne,ncing �t the Soulhwesk, corn�r of l,ol 7'hree (3) ,
<br /> of Voss Subdivisior► of' part ,of tl�e Souih Ilalf (S1/2) of said Section Gleven,
<br /> ll�ence runnin6 I?�sl along t�nil upon the Soulh section 1 inc ol' said secllon
<br /> Gleven, for a distance of 538 feet ; running tl�ence Nortli at rigl►t angles to
<br /> suid Soull� Seclior� line, a distance of 25J.0 fcet , running ihence l:ast and
<br /> �nrullel to said South Section line t� distnnce c�f 1.00 feet � running thence
<br /> Soull� und ol rigl�l angles to snid South Section line, e� cli�tanac �f 25fl.0
<br /> feet io said Soutli Section lir�e; and running il�ence West alor�g and upon said
<br /> Soulh Scction line u disitinr.e of lOQ feel ia the hoinl of be�inning.
<br /> wn�cn nas �ne address oi 3102 East Seediina Mlle Grand Island
<br /> �su..�� la�rl.
<br /> Nebraska 68801 ("Property Address");
<br /> �su�.t �nP coa.�
<br /> TOGETHER WITH all lhe Mnprovemenls now or hereeNe� erecled on the PropeAy, and eil easemenls, righis, appurlenences,
<br /> renls, royaliles, mineral, oll end pas �bhls end prolita, weler �Iphts end stock end eil Ibclures now or hereafter e pert of the
<br /> Properly. All r�plecemenls end additions shall elso be covered by lhls Securlty Instrumenl. Ail of the foregoing !s re(erred lo In
<br /> Ihis Security inslrument as lhe "Propehy".
<br /> BORROWER COVENANTS fhat Borrower Is Iewtuliy selzed ol the eslele hereby conveyed end hes the rlght to mortpege, ,
<br /> grent end convey Ihe Property end lhel lhe Propehy Is unencumbered, excepl for encumbrances of record. Borrower werranls
<br />', dnd will delend generally Ihe Utle to !he PropeAy egelnst all clakns and demands, subJecl to eny encumbrences ol record.
<br /> 1. Payment ot Princ(pai, Inierest and Lete Charge. Borrower shell pey when due lhe principel ol, er,d �,ieres�
<br /> on, tl�e debl evldenced by ll�e Nole and lale clieraes due under Ilie Note.
<br /> 2. Monthly payment of Taxes, Insurance, and Other Charges. eorrower snen Mcwde tn eacn monlhly
<br /> payment, togelher with the pr(ncipal end interesl as sel forth In the Nole end eny late charges, a sum for (a) taxes end speciai
<br /> essessmenls levled or to be levied egahst the Prope�ty, (b) leasehold paymenls or ground renis on Ihe Property, and (c)
<br /> prem!urns lor insurence requked under Paregrepli 4. In Any year ki wh�h lhe Lender must pey e mortgege insurance prem;um to
<br /> Ihe Secrelery ol Housing end Urban Developmenl ("Secrelery"), or in eny year In wh�h such premium would have been required i
<br /> if Lender sl{II heid the Security Instrument, each monlhly peyment shall elso include ellher: (I) s sum tor the ennual mortgage
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