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' � C� n n n C n � � cr� c-� cn /� m cDi� � � c.a o -� YJ � Z N � � � Z � � � rn ... �''� � -� � c'�o . � � o�� o T � 1 J • � .•� � -'� Z 1 a '.� � r,i ~ � �;i Q �,i �'_„�3 --� '.�. Cz7 O N C7 � � f— 2 � N U1 (,) � i`V 7C � � �� ....�'�'., GJ � CO � � � � � 0 (Space Above This Line For Recording Data] THIS LOAN IS NOT ASSUMABLE WITHOUT THE � APPROVAL OF THE DEPARTMENT O� VETERANS C� AFFAIRS OR ITS AUTHORIZED AGENT � DEED OF TRUST � � THIS DEED OF TRUST ("Securfty Instrument") is made on M8y 28th 1999 Tne trustor is ELLIOT D SCHNEIDER , AN UNMARRIED INDIVIDUAL ("Borrower"). The trustee is COMMERCIAL FEDERAL BANK A FEDERAL SAVINGS BANK 9850 "M" ST OMAHA NE 68127-2056 ('�'rustee"). The beneficiary is UNITED NEBRASKA BANK , which is organized and existing under the laws of NEBRASKA , and whose address is 700 N. WEBB RD. GRAND ISLAND NE 68803 ("�ender"). Borrower owes �ender tne principal sum of Fortv One Thousand Eiqht Hundred and 00/100 Dollars (U.S.$ 41.800.00). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on _ .lUn@ 1, 2029 . This Security Instrument secures to Lender. (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property tocated in HALL County, Nebraska: THE NORTH ONE-HALF OF THE EAST ONE-HALF (N1/2 E 1/2) OF LOT THREE (3), OF VANTINE'S SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. In the event this loan is determined to be ineligible for Loan Guaranty by Department of Veteran's Affairs, this entire loan may be declared due and payable at the option of the mortgagee. The addendum to Deed of Trust attached hereto and executed of even date herewith is incorporated herein and the covenants and agreements of the addendum shall amend and supplement the covenants and agreements of the Deed of Trust as 'rf the addendum were part hereof. which has the address of 1018 S PINE GRAND ISLAND �treet City � Nebraska 68801 ("Property Address"); Zip Code TOGETHER WITH all improvements now or hereafter erected on the property, and all easements, appurtenances, and fbctures now or hereafter a part of the property. All replacements and additions shall be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property". BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property agai�st all ciaims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay wnen due cne principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. 2. Funds for Taxes and Insurance. sub�ecc to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ("Funds") for: (a) yearly taxes and assessments which may attain priority over this Security Instrument as a lien on the Property; (b) yearly leasehold payments or ground rents on the Property, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood insurance premiums, if any; (e) yearly mortgage insurance premiums, if any; and (f) any sums payable by Borrower to Lender, in accordance with the provisions of paragraph 8, in lieu of the payment of mortgage insurance premiums. These Rems are called "Escrow Items." NEBRASKA-Singte Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 302b 9/80 F4009.LMG (70/98) Page 1 oi 5 1001