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<br /> VUhen Recorded Mail To: DEED OF TRUST
<br /> Norwe�t ��nk N�braska �
<br /> t,. �. Box 933Q0 . �-��-?,] �' � �
<br /> � . � �
<br /> �`„���uc�uerqu�, NM �7199-33()Q a
<br /> THIS DEED OF TRUST ("Security Instrument") is made on . The trustor is
<br /> August 13 , 1999
<br /> Douglas P . Taylor and Pamela S . Taylor , husband and wife
<br /> ("Borrower"). Thetrusteeis Norwest Bank Nebraska, National Association
<br /> (°Trustee"). The beneficiary is Norwest Bank Nebraska , National Association
<br /> which is organized and existing under the laws of U n i t e d S t a t e s o f A m e r i c a , and whose
<br /> addressis 202 West Third St .
<br /> G r a n d I s 1 a n d , N e . 6 8 8 O 1 (°Lender"). Borrower owes Lender the principal sum of
<br /> Twenty—Five Thousand , Eight Hundred , Eighty Fiveb �i5/ p
<br /> o lars �S. $ 25 , 885 . 65 )•
<br /> This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for
<br /> monthly payments, with the full debt, if not paid earlier, due and payable on A u g u s t 1 2 , 2 0 0 9
<br /> This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br /> extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br /> protect the security ofi this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br /> purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br /> located in County, Nebraska:
<br /> Hall
<br /> SEE ATTACHED EXHIBIT A
<br /> �
<br /> � ���
<br /> which has the address ofi 1 1 1 !+ S P i n e , G r a n d I s 1 a n d �Stree�, Ciry�,
<br /> Nebraska 6 g g 01 ("Property Address");
<br /> �Zip Code�
<br /> TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br /> fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security
<br /> Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
<br /> BORROWER COVENANTS that Borrower is lawfully seised 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 recard. Borrower warrants and will
<br /> defend �enerally the title to the Property against all claims and demands, subject to any encumbrances vf record.
<br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limitcd
<br /> variations by jurisdiction to constitute a uniform security instrument covering real property.
<br /> UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br /> 1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due the
<br /> principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br /> 2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to
<br /> Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ("Funds") 1'ow. (a) yearly taxes
<br /> and assessments which may attain priority over this Security Instrument as a lien on the Property; (b) yearly leasehold payments
<br /> or ground rents on the Property, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood insurance premiums,
<br /> if�any; (e) yearly mortgage insurance premiums, if any; and (fi) any sums payable by Borrower to Lender, in accordance with
<br /> the provisi<�ns of paragraph 8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow ]tems."
<br /> Lender may, at any time, collect and hold Funds in an amount not to exceed the maximum amount a lender for a Cederally
<br /> related mortgage loan may require for Borrower's escrow account under the federal Real Estate Settlement Procedures Act of
<br /> 1974 as aine���led fi�om timc to tii7le, l2 U.S.C. Section 2601 et scy. ("RESPA"), unless another law Chat applies to the Funds
<br /> sets a Iesser amount. If� so, Lender may, at any time, collect and hold Funds in an amount not to exceed the lesser amount.
<br /> Leiider may estimate the amount of Funds due on the basis ofi current data and reasonable estimates of expenditures oC future
<br /> Escrow Items or otherwise in accordance with applicable law.
<br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br /> �NI 12T97 MTG VMP MORTGAGE FORMS-(3131293-8100-18001521-7791 w,,,o i ,.�n Form 3028 9/90
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