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<br /> When recorded mail to:
<br /> Union Bank and Trust Company
<br /> 3643 South 48th Street 9 9 110 "7 2 5 � '
<br /> Lincoln, NE 68506 �
<br /> .� � �
<br /> [Space Above This Line For Recording Data]
<br /> a�=�. SC�
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST ("Security InstrumenY') is made on OCtOber 29th 1999 . The trustor
<br /> is Robert E. Buck and Dawnita K. Buck , husband and wife
<br /> ("Borrower").
<br /> The trustee is Union Bank And Trust Comqanv P.O. Box 6155 Lincoln NE 68506
<br /> ("Trustee").
<br /> The beneficiary is Union Bank and Trust Company
<br /> which is organized and existing under the laws of the State of Nebraska , and whose address
<br /> is 3643 South 48th Street Lincoln NE 68506 (��Lender").
<br /> Borrower owes Lender the principal sum of Fift Six ThOUSand Ei ht Hundred and 00 100
<br /> Dollars (U.S.$ 56,800.00). This debt is evidenced by Borrower's note dated the
<br /> same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and
<br /> payable on December 1, 2029 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
<br /> by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other su�us, with interest,
<br /> advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower`�.xovenants and
<br /> ��All�!�1��'�11�'�}„�urpase, Borcower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br /> property located in Hall County, Nebraska:
<br /> A tract of land in Morris Fifth Addition to the City of Grand Island, Hall County, Nebraska, described as follows: 8eginning at the Southeast Corner of Lot Twelve
<br /> (�2), in Block Eight (8) in Morris Fifth (5th) addition to the City of Grand Island, Nebraska, Thence in an easterly direction along and upon the Northerly line of
<br /> Eighteenth Street in said Addition, a distance of Seventy (70) feet; Thence Northwesterly parallel to the Easterly line of said Lot Twelve (�2)in said Block Eight (8),
<br /> a distance of One Hundred thirty (�30) feet, to the Southerly line of the alley in said Block Eight (B), if extended, Thence Southwesterly along and upon the
<br /> Southerly line of said alley and parallel to Eighteenth (�Bth) Street, a distance of Seventy (70) feet to the Northeast corner of said Lot Twelve (�2), in said Block
<br /> Eight (8), Thence Southeasterly along and upon the East line ot said lot twelve (12) in said Block Eight (8), a distance of One Hundred Thirty (730) feet to the
<br /> Point of Beginning. �
<br /> O
<br /> �
<br /> which has the address of 504 East 18th Street , Grand Island
<br /> Street City
<br /> Nebraska 68801 ("Property Address");
<br /> Zip Code
<br /> TOGETHER WITH all improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now
<br /> or hereafter a part of the property. All replacements and additions shall be covered by this Security Instrument. All of the foregoing is
<br /> 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 convey
<br /> the Property and that the Properry is unencumbered, except for encumbra�ces of record. Borrower warrants and will defend generally
<br /> the title to the Property against all claims and demands, subject to any encumbrances of record.
<br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by
<br /> jurisdiction to constitute a uniform security instrument covering real proper[y.
<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
<br /> the 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") for: (a) yearly taxes and
<br /> assessments which may attain priority over this Security Instrument as a lien on the Property; (b) yearly leasehold payments or ground
<br /> rents on the Properry, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood insurance premiums, if any; (e) yearly
<br /> mortgage insurance premiums, if any; and (� any sums payable by Borrower to Lender, in accordance with the provisions of paragraph '�
<br /> 8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items." Lender may, at any time, collect
<br /> and hold Funds in an amount not to exceed the maximum amount a lender for a federally related mortgage loan may require for
<br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 9/90
<br /> F�029.LMG (6/99) Page 1 of 5
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