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<br /> RE�U��1 t0: NORV�E�T BANK NE�RAS��D OF TRUST �1� �
<br /> FO �OX 34Q3 �� ��`o
<br /> UM,���, �fE 681Q3 -
<br /> - ATill: iAUR1� GiARiliiE[
<br /> -_ THIS UEED OF'E'RUST("Socurity Inswment")ir mrdc on NOVI�iBPiR 11, 1493 � '�����
<br />-- -- MLLTON G GAT.LLitT AND MARY B GALbIAbtT• HUSBADID ANP WxFP,
<br /> -:T. '
<br />.���
<br /> ('Borcower").Thc�euctee is NOxWEST BANK NBBRASKA NATIONAL ASSOCLITION, .
<br />" ("Trustee'). The beneficiary is NO�WEST BMix NEHRASKA NATI0�111L A3SOCIATION� �
<br /> ,� �
<br />-,;�'� which is organizod and existing undtr the laws af �IT�D STATES OF AMERICA •�w�
<br /> - _ qddresc is 202 WiiST 'PHIRD ST.. GRArID ISI.APiD, NEBRAS�A 68801
<br /> - ("l.ender°).�orrc�wer awcF Lender chc pri�wiyHtl uw�►oi'
<br /> ��:
<br /> '• �:'-.,r;•':-: FORTY-�INS THOUSAND NINE HITNDRED AND NO/00-•----------- Dollars(U.S.S 49,900.00***ir )•
<br />, :�a;�'�.
<br /> 7...
<br /> ,�� ..y:'. This debl is evidenceci by Borrower's note dated �he wine date as this Security Insttument�"Nt►te"),which pmvides for
<br /> -�'x i}- � ',� .
<br /> •� ���" monthly pzyrnents.M�ith the full debt,if not paid earlier, due and payable on NOVEMBER 11, 1998
<br /> ,�... -;;•r ,:,.-,:.,
<br /> • �,•;•� ��; �;... This Security in�trument secures to I.ender: (u)the repayment of the deM evidenced by the Note,with intercst,end afl mnew s.
<br /> ��'""'`'""'° extensionc and mociifications of the Nc�te; (b) the a ment of ull other sums. with interest, advunced under paragraph 7 to
<br /> ., , .:#�' •,. r.- •.;ti P Y
<br /> t';•�w�=;a•..�.'. r�FK".> protxt the security of this Seeuriry Instrumenr, and(c) the performanee of Bc�rrower's covenants and agreements. For this
<br /> �fxN:�,,'^ • •�.i'�',,, purpose.Borrower iRevacably grants and ronvcys to Trustec. in trust. with powcr uf salc. tt� followin�describ� property
<br /> ��:'�.�*+:..:,,.�,-. Count . N�brnska:
<br /> � . �, lacated in �•L Y
<br />. IAT NINE (9), 5PBLTS-SCHULTZ ADDITION, CITY OF GRAND ISI�ADiD� HALL COIJI�ITY,
<br /> . .. NBBRASKA.
<br /> �tl4�dli�raz.��:��.s
<br /> ;;�,r,sr.�.:,:s .
<br /> .`.:,'.y.,, .,.. . THIS DESD OF TRUST SECURES AN OPEN END REVOLVING LI�VE OF CREDIT.
<br /> --- � SE$ ATTACHED HOME EQUITY LINE OF CREDIT RID$R.
<br /> - �. �. . •�
<br />"� � •#.
<br /> ~'.s�.•:�.. .. �stmt.Ciry 1.
<br /> --- ;� which has the address af 511 PLUM ROAD, GR.AND ISI.AND
<br /> " Nebraska 68801 1"Pmpenp Address");
<br /> .;r'' °,a':�.� ' �'l.ip c�dc�
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<br /> _- - V���F"`,;'� � y� TOGETHER WITH ull the improvcment,niiw nr hereuflcr crcctcd on the pr���xxny, und all c:iscments,appurtenances.and
<br /> - � � ""' -�-"•� fixtures now or hereafter u part uf the prn}x;ny. All mplucements und :wiai:�on�shall also be cuvered by this Security
<br /> ,"..,�. . .
<br /> '' �'� Instniment. All uf the foregoing is refermd to in this Sccurity lnstrumcnt as tt+� "Property."
<br /> - ' l�;t;�,,:' BORROWER COVENANTS that Borrowcr is lawf'ully xitic.tl uf thc cstatc hcrcby cunveycJ and hus thc right to grant:utd
<br /> �• ;;:�; mnvey the Pn�perty und that thc Property is uncnrumbcrcd,except fiw encumbrunc:��s .�f reconi. &�nawcr wurrunts uid will
<br /> � ��-'� ` defend generally the title w the Property againmt all claims and dcmunda.�ubject tu any cn�rombr.►nces of record.
<br /> � .�,
<br /> ` THIS SECURITY INSTRUMENT combine�unik>rm covenunts fur natKmal use and non-unitorm covenants w�t m�t
<br /> vari�tions by jurisdiction to mnstitute a unifiirm security inst rument coverin�real property.
<br /> _ — IINIFORM COVENANTS.Bomowcr:u�d Lcndcr covcnant and agneQ as fbllows:
<br /> 1.Payroeat ot Princip�l and [nterest; Prepoyment and Iaite Ctwrges. Borrower shall promptly pxy when due the
<br /> — praacip�l of and intercst on the debt evidencod by the Note ond uny prcpuymant und late chuges due under the Note.
<br /> 2.fl�ndt tor Taxee and Ituwronce. Subjoct to applicabl� l�w or tu a written waiver by Les�der. Borrower shall pay to
<br /> — Lender on the day rnonthly pxymrnts;uc due under tfie Note.until thc Notc is paid in tutt,a sum(�runus°)ior:(a)yeariy caxes
<br /> - and as�essnxnts which may attain priority over this Security invtru�►unt as a lien on the Property;(b)yearly leasehold payments
<br /> or ground ren�s on the Propeny,if uny:(c)�e:irly harard or propeny imur,u�ce premiums;(d)yexrly flood insur.u�ce premiums,
<br /> if aay: (e)yarly trartg�ge inaut�nce prcm�ums, if any: �nd(� any sums�uyable by Borrower to Lender, in accordan:e with
<br /> the pe�csvWo►v of pangraph 8, in lieu of the payment of mnrtgago inwr�nce premiums,These itenu are r�lled'Escrow Items."
<br /> I.ander m�y,at any time, cbllect +u�d hold Funds in�n unount not to excoed thc rtuximum a►niwnt a Icndcr for a (aierully
<br /> relatad muctgage loan r►uy roquirc for Borrowcr's cscresw wixrount u�xter.tlw fecicral Rcal Estatc Settlemcnt Pro�wdurn Act af
<br /> 1974 as unendod frvm time to time, 12 U.S.C. Scction 2601 et sry.("RBSPA"),unle�s�r liw that+pplic�to the Furnls
<br /> sets A laser Lnount, If sa, l.ecKier may, �t any time, cotlect a�xl holJ Funds i�► an�unount rat to ea��eod thc la..er um�wnt.
<br /> Le�der m�y estimate the�mount vf Fnrds due on che basis uf cument data and r+e�.�saiwble esciu�tes uf expendiwrea af futurY
<br /> Escrow(tamt or otlxrwiie in a000td�ncY with applic�ble lrw.
<br /> UE�RA�IfA.gin�FamNY-F�iM MN1FnddM M�c UIWfOIMA Nri771UMENT Fa�n�07�9f�0
<br /> �IM 12Tl7 MTO VM/M011TnAGE FOMI�'i•I�1,II���f00•IWW6I1 77Y1 �.o.��a ��d aat
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