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<br /> � DEED Or �UST . 9..�
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<br /> 'fHISID�rOF TRUST('SecudtY�t�.+trumei�t")is riiide oo June 30, 1993 .T��a��
<br /> D�san,L� Burch and Suasn E. �urch, Hu�band aad Wife �
<br /> ("Borrower').�The uustoe Is
<br /> Norweat Bank Nebraska� National Asaociation
<br /> ("Trustee").The ben�flcfary is
<br /> Norves't �Bank Nebraska, Natioaal Aseociation �
<br /> wbich ir or�anized and exi sting under the Iawa af The United 3tates of America •�M'�
<br /> as�frrss}s 202 WAe� '['hird Street, Grand island, Nebraska 68801
<br /> ' ("Lender").8onower owes Lender the principel sum of
<br /> 'Ten Thauesnd and �ao/100ths--------------------�-�-----�Ilare(U.S.S 10.000.Of1** ).
<br /> This debc ie evidenc�d by Borrower's note deted tha same date es this Secu�ity Instrument("Note").which provides for
<br /> monthly payments.with the full debt.if not paid earlier,due end payable on June 30, 1998 •
<br /> 'Chis Securky Instrument secures ta Lender:(a)the repuyment of the debt evidenaed by the Note.wilh interest,and all rcnewals.
<br /> cxtenaions wnd moditications of�he Note; (b) the payment of all dhcr sums, wlth inte�st, advoncad under paregraph 7 to
<br /> prntect the secu�ity of this Security Instrument; And (c) the performance of Borrower's covenants and agn�ements. For this
<br /> pucposc, Borrower irrevoc�bly grnntx and rnnveys to Truetee, in trust. with power at rale, thc following describod property
<br /> Ivcatod in aall Coumy,Ncbraska:
<br /> , Alk of I.ot Five (S)� Except the Westerly Seven Feet (7) Thereof. and the Weeterly �
<br /> Fifteen �'eet (15) of Lot Four (bl �11 in Block Seven (7) in Morrie Fifth A�dltian
<br /> • Co tb� City of Grand Ialand, Hall County� Nebraeka. _
<br /> Thia Deed of Truat Securea An Open-end Revolving Line of Credit. See Attached
<br /> Hame Equity Line of Credit Rider.
<br /> • which has the address of 407 8. 18th St. Graad Island Isaee�,Ciry), -_
<br /> � Nebreska 68801 t"PropeRy Addresa�"); -
<br /> �ziP c��
<br /> TO(3ETHER WITH all the improveroents now ar hereaftcr erectecl an Ihe property,ond ult eusements.appurtenances.and
<br /> � fixtures now or hereafler a part uf �he pr�fl�r.. Ai� replucemerus and additions sh�ll ulso 6e covered by this Security _
<br /> ���rument.AI1 of the foregoing is refcrred�o in 1h�s Secunty Instrt�rnent as the'Property." =
<br /> � BORROWER COVENANTS th�t&�rrower is i�K•fally seised of the estate hereby conveycJ and has the ri�ht to grunt vnd _
<br /> convey the Property und thut the Prope�[y is unertrumbered,eYCep�for encumbrances of record, Borrower warrants and will _
<br /> • � defend gen�lly the tide to the Nr�rped} s�ainfiz all claims and demands. subjec�to any encumbrunceti of record. =
<br /> THIS SECURITY INS?RUMEKT rnm'.+ines unifntm covenants for national use and non-uniform rnvenants wilh limited -
<br /> variations by Jurisdictian to�astiwte ti u.hbfprm security instrument covering real propeny. _
<br /> UNIFORM COV�PTAtiTS.Borrowcr and�Letc�.°r rnvenant zu►d agrce as fo{fows: _
<br /> 1. Pqyoient ot Piioci�wl anA 1rMdx�t; P+nepaymeot and late Ch�rges. Borrower shall promptly pay when due �he ,_
<br /> pri�i�al of and interest nn the debt tvid.tiured by the Nout und any prcpayment and Inte churges due under the Notc. _
<br /> - ��r�..�.r-���. c..►.:..� �,.�.�e.�i�„t,IP ln,,,nr rn u urritten waiver bv L.ender. Bortower shall pay to
<br /> ,r. rw�.w. .�+.s...�.�... �..�. ... r---"-•- ---� --
<br /> Lender art ri�day mor�l►iy paryments are due m�der the ote,until the Note is paid in full,�sum('Funds") for:(a)yenrly taxes
<br /> �od assessments which may aatain priority over this Security Instrument as u lien on the Pmperty:(b)yearly leasehold payments _
<br /> or ground rents on the Prc�perty,if�ny:(c)�esuly harard or propeny insurance premiums:ld1 yearly flaad in�urance premium5, _
<br /> if any;(e)ycarly mongage�i�surance prertuunu, if any:and(�any sums pay�ble by Bormwer tu L.ender, in accordance with
<br /> the provisions of�wragraph 8,in lieu of the payment of mortgage insurance premiums.These items ure culled"Esrrow Items."
<br /> Lender rtwy. at any time.cc�llecl und hold Funds in an amount not ta exceed the maximum uirmunt a Icnder for a federally _
<br /> rclated mortgage loan may require fur Bornower's acrow accewnt under the federnl Reul Estate Settlement Procedures Act of -
<br /> 1974 as amended irom tirne to time. 12 U.S.C.Sectic►n 2601 er seq.("RESPA'),unless unother law thut upplies to the Funds
<br /> sets a lesser amount. If so, Lender may, at any tirrK, mllect sinnd hold �unds in an aimwnt �wt �i�excced the I��sser mnount.
<br /> Lender rrwy estfmate the amcwnt of Funds due on the basis of curnent da�a and ne+�onxble estim�t��of expemlitures uf future
<br /> Facrow Items or otherwise in occord�a�e with epplic�ble law.
<br /> NEdRIl�KA•SfnpN FamNY�R�ni�NIM�Fnddb M�o UNIFOR�A WSTRUMENT Fam 3028 9180
<br /> �NI 12Ti7 MTQ VMV MORTGAGF�011M8 1313�Y93lf06 i800�671 7291 Pp�t ol� � _ AM�111wd�I��
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