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<br /> � . , THLS 13Fd?D OF'tRUST("SecuritY�")is mdt oQ ' 3lsy 21, 1993 •���!g ,
<br /> . . . ' � , . .
<br /> Joaepb'E. Tpa�a.and ilary M: Tyaa, Hnsbaad and itife � . . � ' �
<br /> . • � ,
<br /> - ("9ae+aw�er").'i'be tettuecis- �-� , - � � �
<br /> � Posp�est �ak Nebrasica, Rstional �ssociation � `
<br /> '('1':ustoe'.The beneficia�y is , � '
<br /> �Hos�est Baak Nebraska. I�Iatfonal Assoctatioa � ,
<br /> ahich is arganized and�ing under the Iaws of� Q�t� gtstes of Amesica •�w�O�
<br /> ���5 Z02 pest-�bird Street, Grand Island,'Nebraska 68$O1 ' �
<br /> - . ("Lender").Borrawer owes Leader the principai sum of
<br /> . , ren Thousana ana notioochs . ` no�lars ro.s.a lo,aoo.00***� �.
<br /> ' 91�is debc is evidenood by Barrower's note dated the same date as this Security Insuumeni("Notc"),which pmvides for
<br /> m�nthlY paymenu.with the ful!debt:��t paid earlier,dae and payabte•on �y 21, t998
<br /> This Security lnstrument sec�rc.s to t.endgr:(a)the rcpayment of the dEbt evidencai by the Nate.with intenst,and a!1 renewals,
<br /> extensions mtd modificatim�s of thr Note; (b) the payment of all other sums.with intefest. advancssi undet paragrapb'7 to
<br /> pcotect the secttrity af this Sacurity lnstrument: and (c) the perfom�ance of Horrower's cove�ranu and �txnts. For this
<br /> pprpose. Borrower irrevcxably gran�s�iveys to Trustee, in trust.with powcr of salc, the.following�esctibed�property
<br /> lacated in � �Y. _
<br /> Lat Sisteen (16), iA Block One (1), in Sotlunar'g Subdivision in `
<br /> the City of Graad Island, Sall County, Nebraska. =
<br /> - • ' �
<br /> TBIS DE� OF TRQST SECURES AN OPEN-END REV�I.VING LINE OF CREDIT. SEE
<br /> ATTACHED HOI$ SQUITY LINE OF CREDIT AIDER. ��:
<br /> which hac the addre.ss of 1011 S. Lincoln Graad Ieland �Is�mc�.c«Y�. �
<br /> Nebtaska 68801 , 1"Property Addretis"1: €
<br /> ' � f'LipG�lc1 � i
<br /> � TOGE7'HER WITH ap the impmvepten�c rtaw or herpiter etect�i un thc pn�prrt�+.�nd uit raw:mant�.appurtenances,and �
<br /> fixtures nuw ar hereafter a p:irt c�f the property.� All reptacement� a�ui additions sh�ll alW hc cuvered by thiv Security E
<br /> Insttumem.All of the faregoin�js rcferrad to in thrs Security(n�tnimcnt a+the"Property." �
<br /> BQRROWER COVBNAN'f5 that Bunowcr iw lawfully seisat of the estate hereby�nveyed:�nd huti the ri�ht tu gratn ami � F-
<br /> corney the Property and that the Pruperty ic unencum8ercxi.exrept for eacumbrances of recard. Bonower warranu and will =
<br /> defedd generally the dtie ro the propeny againtit ali daims and demv�ds.subjoct ro smy encumbr�nces of re�md. =
<br /> ,7'HIS 5ECUItfTY INSTRUMENT cv�mbincs uniform cvwc�r.ints fi�r�ati�mrl use und non-uniform cuvcrwnts with limited -
<br /> vm�iations by jurisdictiun to mnstiwte a unifi+rm+ccutity in�tmmcm covcring rcal pmperty. _
<br /> ' UNIFORM COVENANTS.Horrowcr nnci Lcndrr cuv��nt attJ a�7�x:�s fi�llow.: • � _
<br /> l. Puymad ot Peinclp�l and 1mee�t; P�+ep�ymeat�1 late CWu�Ges. Bonow�r shaii premptly aay�when due the �_
<br /> prinetpl of and intrnst an the debt evidenced by the Note and smy prep�aymeni und I�te charges due und�r tho Note. _
<br /> Z.�for Taxts t�nd L�urnnce. Subjert to app.lirable i�w or to a watten waiver by Lender. 8omawer shili�p�y to ' �
<br /> (�erider om the day mnntlily payments am due under the Nnte.untii thc Note is paid in fu]f,a su�n("Funds")far (a)yca�'IY taxes �
<br /> anci�s�ssmetus which may atL�in prlority over this 5ecurity�inst[umem as a 14en'un the Prnperty:lb)Ye�ly lcasehold paymenty ►
<br /> or grouM nent4 on�tie Propelty.it any:(c)�rearly hazard orprvpe insurmnce yremiun�•tdf ycarix fioal insur.mce premiums. �
<br /> it any:(e)yearly mortgage insurenre premiums.jf any:�n�i(i)a�snm.c paya6te by Harrower to Lender.in�ccnrd�nre with ;
<br /> the provlsians af�r�g�aph 8, in lieu of tUe paymeM nf mdrtg�e imuramx premiums.Thesc items vre�Itec!"�.scrnw hems."
<br /> . 1,ender may.at a�ryr dme.collea��d hold Funds In an amoant iwt ta cxceed thc rosucimum �unt a lernier for a federolly :
<br /> . nelt�tpd�ge kan mgy_�nice far Bocrower's escraw•�acc�wnl tmder the fedeeral[t�l�swte Seulement Pnx�alures Act�f _
<br />_ -- - 1gT4 ag aineiwTdd firotti iiiiie to ti-iite.-t2 U.S C.Sec�ioa Z60t-�r�c�.("KLS'1'A`t.-tttftess urnstfier taw ttrat�ppties tts ttie�i�mtds _. . `
<br /> sets a lesser a�awnt.if.so, l.ender m�y,at ttay time,rnitact and hnld Fuads in su�vnwum rmt to ezcad-ti�e lesser simaunt. � _
<br /> lenQer may estimate the amonnt of Fwds due un the basis af cament dntu and re�omble esdmatev of eapenditures of future `
<br /> Escrow Itemq ar otherwise in acoordance arUh applicable taw. . • . �
<br /> . N6/RA�IN4S1�ps FamiM-FannM IIR�lindela M��lllNwaM NIf�TlIUMENT . ionn 302a 8�s0 " ` ,
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