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<br /> __ DEED OF TR�JST �
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<br /> TH1S DEBD OF TRUSI'('Sau�ity Inwnument')ia made on July 6, 1893 •The truua'b
<br /> Hubby I., �rotter and Wilma L. Trotter,each in hi� and i�er o�m right aad as .
<br />�;, '�'=-,;,� opous� of each othar
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<br /> - w � {"Borrower").The trustee as ' ' �
<br /> .-�- - ' Norweat Banlc Nebra�ka. National Aacociation
<br /> � ("T�usta").1be beneticipry is
<br /> ` Norwest Bank Nebraeka. Nat�onel Aasociatioa •
<br /> -__ which icor�anizedwnd exisling under the lawsof The United States oE Am�rica .a�W�
<br /> "" addrcssi� 202 We�t Third Street. Grand Ieland. Nebraeka 68801
<br /> ,i, • (°Ixnder'). Bormwer owes i.ender�he principwi wm of
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<br /> . Pive Thousand Faur Hundred Ninety-four aud �o/lOQths po����U.S.S 5.494.00**** j.
<br /> This debt is evidenced by Borrower's nate dated the same dale as this Security Inctrument('Nate');which provides for
<br /> • monthly payments,with Ihe full debt.if not peid carlier.due and payable on �uly 5, 1998 '
<br /> '��f � �� This Security Instrument secures to Lender.la)the repayment of the debt evidenced by the Note,with inte�es�,swd ell renewals, ,
<br />_ ''"' `�;,,�'{- extensions und modificadom of the Note: (b) the paymenc of all other sums, with intereat. udvancod under puagnph 7 to
<br /> '�..,��, y�' protect the security of this Security Instrument; and(r) �he perfamnunce of Borrawer's covenunts and agreements. Far this
<br /> •-��� �--�-�� purpose. 8orrower irrevocably ga+ncR nnd convcys to Trustee, in trust, with powcr of sale. the follawing descr�bed property
<br />-- -�.,.�;� , located in Hall Caunty.Nebraska: _.
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<br /> •��`4`:' �' Lot Five (5), in BL�cI: Nineteen (19). in Packer and Barr's Second Addition
<br /> • �r�'r to the City of Grand Island. Hall County. Nebraeka� ae the same is eurveyed�
<br /> � aj'�"'�"�� platted and recorded.
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<br /> �"'�r''�'-�"� which Iws the nddrcss oi 244 N. Boggs Grand Islaad I�.��I.
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<br /> ' ,t� N��y 68803 ( Pro rt Addre�s");
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<br />• .� ��.��:•.` �� ." TOGE1'HER WITH ull the improvemenis m►�v or hereutier erected on thc property.und nll easements,uppunenances,end
<br /> ';` 4�it',��"'�.. •:':;;.:�`� fixtures now or here�ficr a purt of the pn►penv. A!I replucements und s►dditions shall ulso be caveret� by this Security
<br /> i:•�4'? " i n s t r u m e n t. A l l o i t h e f a r e g o i n g i s re f c rt c d t�►i n t h i ti 5 e c u ri�y I nr�r u m e n t as t h e "Pro p en y."
<br /> �.•':' '. �,;;�� BORROWER COVENANTS thut &ircuwcr is lawfully xised of�hc c,wte hcreby ronvcyed and ha�ihe �ight to grant and _
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<br /> .,�,.;.;;. , convey the Pruperty nnd thet the Property i�unencumbcRYl,cxcept fi�r encumbrances of record. Borrower war►ants und will _
<br /> 'tc^,'.��' - ';'�?`;;:.'a'' defend generelly the dde to�he Propeny agsunst ull claims und dcmands.subject lo uny cncumhronces of record.
<br /> ':Y'`•� '' ���-�".•�`rti' THIS 5ECURITY IN57RUMENT cambines unitorm covenontx for national use unJ noo-uniform ooveoants with limited
<br /> C'�;�'�"�� � �:�`. variations b urisdiction to�bnstiwte a unifortn securit instrument coverin real ro rt
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<br /> _ ', 'tr4,���::, ".;i;�J�l�`�� UNIFORM COVENAN'TS.Borrowernnd Lender covcnant and ugrce as follows: _
<br />�.� t� •.r , ���` l. PaYment oi Princlpal and Interest; Prepayment and l.wte CharRes. Borrowcr shall promptly pay when due the
<br /> �� : pdncipll of and i Merest on the debt evidenced by the Note nnd any p�payment and la�e charges due under the Nwe.
<br /> - _:.�:��.� 2.Flund9 far Taxe4 and Insurance.Sub ject �o a p plic�ble law ar to a written wuiver b y Lender, Borrower shal{ pay to
<br /> --��'����— �.enuer on the day momniy paymems ure aue under[ne ivo[e.untii tne nute is paid in iuii,u sum i'runu;i iur:�a)ycarir iuxca
<br /> :� °}s:�`T�.�.ay:�.
<br /> • ,;,M�}.,;, and asse.c5ments which muy attoin prioriry over this Security Inst�umcnt ati a licn on tlu Propeny; (b)yearly leu.elwld payment�
<br /> s �-:•�••-�•••• or gmund rents on the Property,if any:(c)�early h�ani orpruperty in�uruncc prcmium�:ld)yrarly tl�xid insurunce premium�. -
<br /> -� �.i.A:;;::� if any;(e)yearly mortgage insuronre premwm,,if any; und 11)uny wms payntde by Bormwer to Lender,in smcordance wi�h _
<br /> - ' .s;G:.-. the provisions of'parugraph 8. in lieu of the payment nf mortgage inaunuu�:premiums. '1'he:ce items Are called "Escrow Items."
<br /> wirue�,'�''�:ur,-.=�..�,r. Lender tnay,at any time, rnlloct und hold Funds in un um��unt not tu rzceed ihc i�Wximum amount •r lender for u federally -
<br /> ,�• � �•��` related mortgage lonn may require Por Bnrrower's escmw a�YOUnt undcr the fidcru!Rcal E,tutc Settlement Praedures Act ot =
<br /> �'-��`_a.�.�.._,.'�' ` 1974 as amended from time to time. 12 U.5.C. S�.ttiim 26UI e�r seq. ("R�SPA'1. unlcsti another law that applies tn thc Fund� -
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<br /> sets a lesser amount. (i so, lxndcr may, nt any time, coll��t unJ holJ �um1s in un umiwnt nut to cxceed the Ics�er amount.
<br /> ��''°'``"`"��'"`""'�� I.ender may estirnatc the amount of Funds due on the basi�of current duw aixl rwsonablc estimates nt'eapendiwn�s uf 1'uture -
<br />: �=,C' :i- - F.scrow Items or othenvise in ucc»rtlance with applirable law. �
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