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<br /> _�.-�����;; �t�iflRW�S?BA��it NF.8RAS14A;�E33 OF �RUST _
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<br /> , �� ' Map 19, 1994..,-... .
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<br /> • Leo C. Sta�eaa and Josn M. Stamer, Husbaad and .sife as jo3m. :�!enants � =
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<br /> r -""3 - 4"���� T���� t�o�est Bank Nei�ras r.•filatioaal Associat3on ���
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<br /> �, i ,� � .:� . ("Tmscee'').The beneffciary.is NQ=vest Bank Nebraska. iJatioaal Asaociation. .- -- _ .. . . �. . � *�- -�3a..�,�
<br />__'f 'i .''., .,{ j . . . �� . . � .Y.; _
<br /> � � whicb is orgaaized a�existing aust�a the Iaws of TIte IIuited�States of Amertr.�'.,: � .aad whose '� ;,�. ��
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<br /> . • �:.' addtessis 202 Wes.�,Third ���eet, Grand Island, Nebrask�, �8801 ;.: �' .. y,.�,����z�
<br /> , ��� ' . - - .. '.' � . . ("��).Bom�c.rerowes.�theprincipalsumof , , ,
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<br /> Ttir�y-eigt�t Thousand Sf$Hundred �Twenty-four and 68/100���-$•$29��SL�.68�x* • ). ;�r. ;
<br /> :��{'��, `' ' 'Rrs$..rc�t is evideaced by Bottavrer's nnte dated the �azme.date as this Serurityiva, .tr.ment(°Nnze"),a+lucitpcis6idesfor =,,,..�._ .v`.:
<br /> �.ix�t�'�i'�xf;,";�. mont�ti a ments,with the fa]I de+�t�if not azd eariier.due aa� a able on Ma 15, Y399 •� -
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<br /> - , =��;, . .. . This Searrlty instmit1e �secures to I et�der:(a)the repayment of�he debt evidenced by the Note,with isiterest.and all reae�vats. '��?3.` -
<br /> ' . :if. B;ySLy'._r::�
<br /> � • ;'r';;,..:; cxteasions and modifications of the Note: (b)the payment of�ll other sums, with interest, advano�ct under parapaph T to .; •� •.�,;�
<br /> �.:,� ���...,;,,
<br /> . °` � ' protecx the security of tdis Security Instiument: and (c)the performance of Hoaower's covenants an8 agmemenu. For this t..;;.. �. • . •
<br /> . �.` %•;'.,<,' •
<br /> '15'fi��-• ' purpose,aorrower imevocably g�aats and canveys to Trustee. in trust, with power of sale,the foliowing described property , ���
<br /> .. >'���`r;�'.::`�� lacated in Sall Caunty,Nebraslca: . ; ��
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<br /> �'��+rP{ ` � ,:�: The East 76.5 feet of Lot 7 and the Weat 2 feet of Lot 6, Block 2, ;,., ,�����-� _
<br /> ; '.�2�� `� ��. KnfckreUm Sixth Addition, Citq of Grand Island, Hall Coimtq, Nebraska. , ,
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<br /> '"`� • • ` which has ttie address of 212 Last 22nd�Street Grand Island [scKn.c�ry�. , '��,„�;;�y. � _
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<br />. . ' :• 1Vebraska � frt3801 . t"Property Addr�s'�. : �''X=
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<br /> r'` TpGETHBR VyT�'}l a1�tt;e iznprovements now or here3i�:r esrcted on the property.and all casements,appurtenances,and • • , ' �
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<br /> �';;��'i>;.;``. fixttuzs now or hereafter a �� of the property. All n�ri�metus ard additioa� slrali also be covered by this Security . , , �-.�_
<br /> II' `' 4 lnstrumerrt.AIl of�l;e foregoin;�s referred to in this Security[astrumeni as ntie"Property."
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<br /> ' :`;r: ` BORROWEI�CaOVENAh"3'S that Borroa•er is lawfulJy seised of tlxe�L:ze hereby wnveyed and ha.s the right to grant and ,. .�f,�:-,': ,�
<br /> i:::'.;��,�'';'.` � c,onvey the Property+.and that[he Property is anencumbend.exccpt far encumbranoes of record. Bormwer warrants and will �\ . ..
<br /> � ` �j�,':• . � defend:generally We titte to the Prnpercy agamst all claims aad demands.sabject to any encumbrances of recotd. ; , , .` �
<br /> ''n • THIS SECURITY INSTKtJRZENT combines uniform oovenants for national us and non-uniform covenants with limited � .,•.;,j�;,}.
<br /> x '`�� � �• variatIons by jurisdictton to constitute a uniform security instrument rnvering real property. � " '�°'' =
<br /> ZJATIFORM COVENANTS.Borrowet and l.ender covenant and agree as follows: � `"
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<br />�:.. •:��', 1. Payment of PNndpal and Interest; 1'repayment and Late Charges. Borrower shall pmmptly pay when dae the �, �'' � .
<br /> ' priac�Qal of and inteiest an the debt evidenced by the Note and any prepayrttent and late charges due undcr the Notc. •
<br /> Z.Funds for Taxes and It�surence. 5ubject to applics►ble!aw ur to a written waiver by l.ender. Borrower shall pay to .
<br /> l.endet on the day monthly payments are due under the Nnte.until the Note is paid in fiill..a sum("Funds")for:(a)yearly Wxes •• . • .
<br /> •�� = `' and assessments which may attain p»ority over this Securiry Instrument as a lien on thc Property:(b)yearly teaschold payments
<br />_ � � or ground cents on the Property.if any;(c)yearly hazard or propetty insurance premiums:(d)yearly flaod insuranoe premiums. ' .i:''
<br /> - . �• • jf atry:(e)yeatiy mort�age insursu�ce pretruums.�f any:and(fl any sums payable by Borrower tv Lender, in accordance with • . .
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<br /> - • . . ' the pmvisions of paragtaph 8,in tieu of the payment of mortgage insurance prer�uums.'fhese items are called"Escrotiv Items." •J.
<br /> - . �� LQnder may.at any time.collect and hoId Funds in an amount not to exceed the maximum amount:�tender for a federally � � • _ . ..5
<br /> • � retated mortgage toan may require f4r Borrower's�escrow account under the foderal Real Estate Settlement Procedures Act of �• �. ,
<br /> 1974 as aa�nd�from time to tim�, 12 U.S.C. Section 2601 el�seq.("RESPA").unless another law that applies to the Funds i
<br /> � . sets a tesser runount. If so. [.ender may. at any time, cnllest and hold Funds in an amount noi to exceed the tesser amount. •
<br /> ,• y : Lender cpay estimaie the amount of Funds due nn the basis of current data.and reasonable estimates of expenditures of fumre =
<br /> _ . - Essmw Iterts or�ttcctwise ia mtic�rdasiia c�,ith a�licaislc la�s. �'• -_ _- ---- -
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<br /> �' , � N�BAASKAS�ngle Family�Fenttie MaelFreQ�'ie Mae UNIFORM INSTRUMENT iorm 3028 9l90 j . � •�
<br /> 1 _ . .• ��1�jT97��(; VM7 MORTGAGE F00.1,1S•13t3�293-8100•18001521�7291 ve�e t or a AtstBrtQed 6191 �` � '
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