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� � n rn 2 b C� n � n S �' rn v� � � � o -��i 0 � '"� � �' �"'� '"-� Z �{ O � F f�+'1 � � � � CD �.�'i p�+�, N O � � � °' -�r' y W � Z" F--► � � e� (� � rn N r+� � I+► Od F-+ rr1 �" � C � � � r m N � � � � o ce '°�. � . r � H.a ��,�,, � Z Q7 � � Q [Spacs Abovs This Lins For RscordinQ Data) ��c� DEED OF TRUST THIS DEED OF TRUST ("Security InsWment•� �s made on December 17th 1999 . rne wscor ts RUSSELL T JORDAN AND ERIN E JORDAN . HU BAND AND WIFE ("BOROW9f"). Tne trustee is MMER IAL FEDERAL BANK. A FEDERAL AVIN BANK 9850 "M" T MAHA NE 68127-2056 �"TNS�96°). The beneficiary is UNITED NEBR KA BANK , which is organiaed and existing under the laws of_ NEBRA . and whose address is 700 N._WEBB RD. GRAND ISLAND. NE 68803 ("�ender"). sorrower owes �ender tne prmcipa� sum ot Sixty One Thousand Two Hundred and 00/100 Dollars (U.S.3 61.200.00). This debt is evidenced by Borrowers note dated the same date as this Security Instrument ("Note"), which provides for monthy peyments, wkh the full debt, if not paid earlier, due and payable on Januarv 1, 2030 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and ali renewals, extensions and modi�ications of the Note; (b) the payrt�ent 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 saie, the following described property located in HALL County, Nebraska: LOT 10 AND THE NOFiTH 15 FEET OF LOT 12, BLOCK 22, IN UNIVERSITY PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. wnich nas tne address ot 1911 N SHERIDAN . GRAND ISLAND Nebraska 68803 ("Property Address"); pty Zip Cods 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 addkions shail be covered by this Security Instrument. All of the foregoing is referced to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lewtully 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 and will defend generaly the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURiTY INSTAUMENT combines uniform cov�ants for national use and non-uniform covenants with limked variations by jurisdiction to constitute a un'rform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as folbws: 1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay wnen due the principal of and interest on the debt eviden�ed by the Note and any prepayment and late charges due under the Note. 2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, BoROwer shail pay to Lender on the day monthy payments are due under the Note, untii the Note is paid in full, a sum ("Funds") for: (a) yeary 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, 'rf any; (c) yeary hazard or property insurance premiums; (d) yeary flood insurance premiums, if any; (e) yearly mortgage �surance premiums, if any; and (� any sums payable by Borrower to Lender, in accordance with the provisions of paragraph B, in lieu of the payment of moRgage insurence premiums. These items ere 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 federaly related mortgage ben may require for NEBWI8KA-9inpls Family-Fannl• Mas/Frsddle Mac UNIFORM IN8TRUMENT Form 3028 B/90 F/029.LM0(10/B9) Paps 1 of 5