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<br /> 9'/Yzz35y22..4507
<br /> TffURNr1*0:. i'VORWST 04NK NEED OF TRUST t NEBRASKA 94 10-4705 1z)__>,
<br /> PO BOX 3408 `
<br /> 0.,i,x.t.ll (.E 681@.3
<br /> THIS DEED OF TRUST ("Security Instrument") is made on MAY 10, 1994 The crttstor is
<br />
<br /> STANLEY WRIGHT AND MARY ELLEN WRIGHT, HUSBAND AND WIFE
<br />
<br /> ("Borrower"). The trustee is NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION
<br />
<br />
<br /> ("Trustee'). The beneficiary is NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION
<br /> which is organized and existing under the laws of UNITED STATES OF AMERICA and whose
<br /> address is 3404 W 13th St GRAND ISLAND, NE 68803
<br /> ("Lender"), Borrower owes Lender the principal stun of
<br /> y 1CImTEEN Taausmm ONFr,.F€UP7DRmrNli`rTomAr AND
<br /> ,VIJ Dollars (U.S, S 19,1139.60
<br /> 5 This debt is evidenced by Borrower's note dated the vme date as this Security instrument ("Note"), w!tich provides for
<br /> monthly payments, with the full debt, if not paid earlier, due artd ravnbic out SEPTEMBER 15, 2000
<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 ati other sums, with interest, advance,i under paragnapit 7 to
<br /> protect the security of this Security instrument, and (c) the per:ormance 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 HAIL County, Nebraska.
<br /> LOT ONE, BLOCK THREE, UNIVERSITY PLACE, CITY G GRA_VO ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />
<br />
<br />
<br /> which has the address of 2705 W CAPITAL AVE GRAND ISLAND, NE [street. City],
<br /> Nebraska 68803 ("Property Address"):
<br /> [Zip Coded
<br />
<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 /> Instrutent. All r.f 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 record. Borrower warrants and will
<br /> defenr: generally 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 liruited
<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, Prepayrr :nt and Late Charges. Borrower shall promptly pay when due the
<br /> principal of and interest on the debt evidenced by the Note turd 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
<br /> and assessments which may attain priority over this Security instrument at a lien on the Property; (b) yearly Icasehold 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 (f) any sums payable by Borrower to Lender, in accordance with
<br /> the provisions of paragraph 8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items."
<br /> Lender may, at any time, collect and hold Funds in ar amount not to exceed the maximum amount a lender for a federally
<br /> related mortgage loan may require for Borrower's escrow account under the federal Real [;state Settlement Procedures Act of
<br /> 1974 as amended from time to time. 12 U.S.C. Section 201 cr seq. ("RESWA"), unless another law that applies to the Funds
<br /> sets a lesser amount. If so, Lender may, at any tire, collect and ho!d Fundy in an amount not to exceed the lesser amoum.
<br /> Lender may estimate the amount of Funds due on the basis of current data and real nable estimates of expenditurer of future
<br /> Escrow Items or otherwise in accordance with applicable law.
<br /> NEBRASKA-Singlo Family-Fannie Mae,'Freddta Mae UNIFORM INSTRUMENT Farm 3028 9190
<br /> `off' NI 12T97 MTG VMF MORTGRGF rORhtS • d3-8 100 • 48001j21-7291 Pne 1 or 4 Amended 5/91
<br /> a v^.>
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