|
, � �
<br /> n
<br /> '�' rn
<br /> = n Z � s. � � c`� —�i.
<br /> � rn cbi, ° '� � cs � rn
<br /> �w � , m � r � C3 (� �
<br /> �w � �
<br /> � �Q G '*'1 1 f�.
<br /> a � '�'1 ; ~� �� .+� N-A
<br /> � s r*�► c�i�
<br /> c�
<br /> w o
<br /> r-, � m
<br /> `�'�' � r � � �
<br /> �' � � rn �
<br /> � �n v �v ~ CD
<br /> � C"`� � '"� �
<br /> C
<br /> (Space Above This Line for Recording Oata]
<br /> FHA Case No.
<br /> State of Nebraska DEED OF TRUST 321-2003711 703 �
<br /> THIS DEED OF TRUST ("Security InstrumenY') is made on JunE 30th , 1999
<br /> ��
<br /> The trustor is JAMES R SEDLAK AN UNMARRIED INDIVIDUAL
<br /> ("eorrower").
<br /> The trustee is UNITED NEBRASKA BANK 700 N WEBB ROAD GRAND ISLAND NEBRASKA 68803
<br /> ("Trustee").
<br /> The beneficiary is UNITED NEBRASKA BANK ,
<br /> which is organized and existing under the laws of NEBRASKA , and whose address is
<br /> 700 N. WEBB RD GRAND ISLAND NE 68803 ("Lender").
<br /> Borrower owes Lender the principal sum of Seventy Nine Thousand Eiaht Hundred Fifty and 00/100
<br /> Dollars (U.S. $ 79,850.00 ). This debt is evidenced by Borrower's note
<br /> dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid
<br /> earlier, due and payable on .lUly 1, 2029 . This Security Instrument secures to Lender: (a) the repayment
<br /> of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of
<br /> all other sums, with interest, advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the
<br /> performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower
<br /> irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br /> HALL County; Nebraska:
<br /> ALL OF LOT NINE (9), IN ROSS AND ASHTON PARK, A SUBDIVISION OF PARTS OF LOTS
<br /> FOURTEEN (14) AND EIGHTEEN (18), OF THE COUNTY SUBDIVISION OF THE WEST HALF OF
<br /> THE SOUTHWEST QUARTER (W1/2SW1/4), AND A PART OF THE EAST HALF OF THE
<br /> SOUTHWEST QUARTER (E1/2SW1/4) OF SECTION FIFTEEN (15), IN TOWNSHIP ELEVEN (11)
<br /> NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br /> which has the address ot 207 E ASHTON GRAND ISLAND
<br /> �sveet� Ici�yl,
<br /> NEBRASKA 68801 ("Property Address");
<br /> [State] [Zip CodeJ
<br /> TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br /> foctures now or hereafter a part of the property. All replacements and additions shall be covered by this Security Instrument. All
<br /> of the foregoing is referred to in this Security Instrument as the "Property".
<br /> BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and
<br /> convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will
<br /> defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited
<br /> variations by jurisdiction to constitute a uniform security instrument covering real property.
<br /> Borrower and Lender covenant and agree as follows:
<br /> UNIFORM COVENANTS.
<br /> 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest
<br /> on, the debt evidenced by the Note and late charges due under the Note.
<br /> 2. Monthly Payment of Taxes, Insurance, and Other Charges. Borrower snaii include in eacn montniy
<br /> payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special
<br /> assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c)
<br /> premiums for insurance required under Paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to
<br /> the Secretary of Housing and Urban Development ("Secretary"), or in any year in which such premium would have been required
<br /> if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual mortgage
<br /> insurance premium to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insurance premium if
<br /> this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the
<br /> monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow
<br /> Funds."
<br /> F5813.LM0 (2/99) Page 1 of 5
<br /> I
<br />
|