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<br /> =�,�'� F�D OF TRUST �4_102',�S'� �p
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<br /> • THIS DEBD OF TRUST("Seruriry Insuument")is cnede on March 2, 1994 •7'he tn�stor is � r
<br /> �. '�i'� ��-_
<br /> �..,�t� Lonnie D. Morse 8nd Chriatina K. Morse� Iiusband and Wife __
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<br /> ��,�x::=.�'�,�-.�fi�y,'� ("Borrower").The tnistee is _:_=_
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<br /> .y,4.,`��; . , Norwest Bank Nebraska, National Aasociation . _..�t.=-
<br /> _ �..` ('Trustec").The beneficiery is �+!�� �«:�- ;_
<br /> ___ � Norwest Bank Nebraska National Association ��wh�� .' - ��'�'
<br /> {��._. �' which is organized and exisang unc�er che iaws of The United States oY America ° `
<br /> ' address is 2p2 We�tc�Third Street. Grand Island, Nebraska 6880I • '.
<br /> . ("I.ender").Borrower owes Lendor the principal sum of �«
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<br /> ~ allars(U.S.$ 29,811.91 T• ' �-�-
<br /> �•--��� -- _• • Tater�ty••nine Tho�stend Eisht Hendred F.1 evPn and 9l/I OOr.i�
<br /> ** �
<br /> ' . " This debt Is ev(denced by Bonower's note dated the seme date ss this Security Instrument("Note"),which provides for •� �� ��.- -
<br /> � „ monthly payments. with the full debt. if not paid earlier,duc and payabte on February 25, 1999. • ,, . �
<br /> � This Security Instrument secures to Lender:(a)the repayment of the debt evidenced by the Note,with interest,and all mnewals, :�„�'
<br /> extensions and modifications of the Note; (b) the payment of all other sums, wtth interest. advanced under paragraph 7 to �„ _
<br /> .• • protect the serur�ty of thts Securiry instrument; and (c) the perfarmance of Borrower's covenants end agreements. For this '' ;�`�'
<br /> ' ` purpose, Borrower irrevocably grants and conveys to Trustee,in trust. wtth power of sete, the following described propercy s i,,��_
<br /> ' •• '' locuted in Hall County.Nebraska: . �,,��'�-�
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<br /> . Lot 8, in Block 1, in the Fifth Addition to the Villa�;e of Cairo, •• =�� "
<br /> , � Hall County, Nebraska. , .
<br /> - . �.
<br /> which has thc address of RR 1, Box I 18 Cairo �Strcet.City�.
<br /> ` Nebraska 68824 t"Property Addrcs�">:
<br /> � � ' [7p codc�
<br /> ti .
<br /> . � TOC3ETHER WITH all the improvements now or hemafter crec�td on the propeny,und all easements,appurtenances,and
<br /> r fixtures now or hereafter a part of the property. All mplaccments and additions shall also be covered by this Security
<br /> ' Instrament.All of thc foregoing is referred to in this Security Instrumcnt as the"Prnperty." �
<br /> ; BORROWER COVENANTS thut Borrower is lawfully �eiscd af thc estutc hcreby conveycd a�xi has the right to�rant und
<br /> _ comey the Property and that the Propeny is unencumbered, exrept for encumbrunce. �>f rewrd. Bcirrower wanunts and wili
<br /> ' detend�enerally the title to the Property against utl claimh and demami.. subject to nny enrumbnsncex of record.
<br /> THIS SECURITY INSTRUM�NT combines uniform crn•enant�far natiunal u�e and non-uniForm rovenant. with limiteci
<br /> . ; i variations by jurisdiction to constiwtc a unifnrm sccurity instrumcnt covcring reul property. �
<br /> . UNIFORM COVENANTS. Borrower and L.cnder cuvenant and agree ati fapows:
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<br /> _ --
<br /> 1. Pavment of Princtnal and Interest; Prepayment and I.ute Char��. Bono�vcr shali prumptly puy whcn duc thc �
<br /> --- � ___ -- -
<br /> �� principal of and interest on the debt evidenccd by thc Note and any prepu�•ment and tate chargcs due unaer me notc.
<br /> 2. Funsls Por Taxes and Insurance. Subject to upplirablc luw or to u written waiver by Lcndcr. Borrci�vrr shull pay ai
<br /> `�'. , � Lender on the day monthiy payments ure duc undcr the Ncxc, until thc Nntc is paid in full,a sum("Fundti")tor:tu)ycurly tuxe+
<br /> .. and assessments which muy attait�priarity over this Sccu�ity Instrument as a licn on the Pn�pc:rty;(b> ycurly Ica,chold paymcnt�
<br /> , ' .. or ground mnts on the Property. if any;te)ye:srly hazani or property insuranee premiumx;(d)yearly flacid insurunce pnmiums. ;
<br /> if any; (e)yearly mortgegc�nsurance premiums, �f any: und (D sny�ums payablc by Born�wer to L.endcr, in uccorcianrc with �
<br /> ' the provisions of purs�groph$, in lieu af the p:�yment ot nx►ngage insuranre pmmiums. These items am calt.xi "E+cn�w ltem,."
<br /> , L.ender may, at any time. collect nnd hold Fund� in an amuunt nnt to excced the muximum amount a lender ti�r u feciccally ,
<br /> ' related mortgege loun may myuim fnr Bnrmwer'x escmw n�count under the fedcrai Real F�tate Settlement PnxtiKfum+Act of
<br /> 1974 as tsmendcd from tirne to time. 12 U.S.C. Section 2601 et sey. ("R�SPA"). unless anuthcr law thut upplic+a�thc Fund�
<br /> � sets u lesser amount. If so. L.ender may, ut uny time, rallect and hnW Funds in un umc�unt nut to exccai thc Ic�ur amuunt. ,
<br /> , � I.ender mny estimate the:vnount of Funds duc on the ba�i� �it rurmnt data and mutinnublc estimatcy��f expenditurc,��(futurr
<br /> Exrow Items or otherwisc in uc�ordance with uppliruble law. +
<br /> �.
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<br /> , . ' NEBRASKA•S�ngle FamilyFann{e MnolFreddie Mec UNIFORM INSTAUMENT Form 3028 8190
<br /> ' �y��aT9:MTO VMP MQHT6AGE fOHMS iJ�"1�29Jtl100 �800�51� 7"191 Pat1c�of 4 Amonded 6191
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