99107842 - Laserfiche WebLink

Browse

n � n n � n �� ° � � v ~ 2 D p � � y Z � 0 Q.. n 2 N rn � � -i m � � 7� �� -< 0 N � O �'1 � '*t � � 2 N► N � o z m � ' m � � D ao O (� O rn � r � —�] C3D "7 a r' D = v5 f""' !/� � �--t � � D Z CIl �� -� O -� fJ� N . � �Space Above This �ine For Recording Data� � � DEED OF TRUST THIS DEED OF TRUST ("Security InstrumenY') is made on August 3rd 1999 . The trustor �s JEFFREY B O'CALLAGHAN AND SHERRI L O'CALLAGHAN HUSBAND AND WIFE ("Borrower"). The trustee is UNITED NEBRASKA BANK 700 N WEBB ROAD GRAND ISLAND NEBRASKA 68803 ("Trustee"). 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"). aorrower owes �ender cne principai sum of One Hundred Eleven Thousand One Hundred Fifty and 00/100 Dollars (U.S.$ 111,150.00). 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 Seqtember 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 located in HALL County, Nebraska: LOT FORTY (40), JEFFREY OAKS SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. which has the address of 4081 MANCHESTER RD , GRAND ISLAND , sc�aec c�ty Nebraska 68803 ("Property Address"); z�P coaa 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 �nstrument 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 anci will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTAUMENT 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 the 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 items are called "Escrow Items." Lender may, at any time, collect and hold Funds in an amount not to exceed the maximum amount a lender for a federally related mortgage loan may require for NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFOFM INSTRUMENT Form 3028 9/90 F1029.LMo (6/9B) Page 7 of 5