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<br /> , • THIS D�ED OF TRUST("Su:urity Instrumcnt")is madc un g�pT�ER 27. 199G •Tlic tnistor is —
<br /> _,�,..
<br /> � GARY W PEMl38RTON AND JEAN M. PEMBBRTON. HUSBAND AM? WxFP.
<br /> ,�.,
<br /> t .
<br />� ("Borrowcr"),The trust�:c is N0�lWEST BAYTK NEBIiASRA, NATIONAi. ASSOCI�'.TION
<br /> � • • ` ("Trustee").The benefi�iary is NORW�ST BANK NBBRASKA, NATIONAL ASSOCIAT?ON
<br /> . . , which�s organized and exiscing undcr ii�c iu�s of �g tJNITN,ll STA'CLS uF Ain�ni�it • .and whose —
<br /> - address is 202 WEST THIRD, GRAIJD ISLAI3D, NEBRASKA
<br /> , ("Lender"). Bonower owes Lendcr the principal sum of
<br /> ' Dollars(U.S.a 10�000.0U***** ).
<br /> TEN THOUSAND AND NO/QQ----------------------------------
<br /> . This debt is evidenced by aorrower's note duted the same date as this Security Instrument("Note"). �vhich provides for
<br /> monthly payments, with the full debt, if not paid earlicr,duc and payable on OCTOBER 11, 1999 •
<br /> This Sc:cu�tity Instrument sccures to L.cndcr: (a)the rcpayment of the debt cvidenced by the Note,with intcrest,nnd all renewals,
<br /> � extensions and moditic;icions of the IYote; (b) the payment of all other swns, with interest. advanced under paragraph 7 to
<br /> the securit of this Securit L:,�truroenr, and (c) the peri'ormance of Borrower's covenants and u�reements. For this �,,,:.
<br /> ,',:, protect y Y
<br /> _ . . ' purpose, Borrowcr ircevocably grants n�d collvCys io Truslce, in trust, with power of sale, the follo�vin� describcd �roperry ��
<br /> County,Nebraska: '=-
<br /> � locatcd in �L `=`
<br /> �� LOT 12. COLONIAL BSTAT�S FIFTH SUIiDIVISYON, CITY OF GRAND ISLAND, I�iALL
<br /> . COUNTY, NEBRASKA.
<br /> ,.�'�
<br /> t„
<br /> •'"# • which hns the address of 31'04 KL�NI3EDY WAY� GRANA ISLAND Istrcct.Cityl.
<br /> • ' Ncbraska 68803 ("Property Address");
<br /> _ �"l.ip Caic�
<br /> � TOGETHER W[TH all the improvenients now or hereafter crected on the prvperty, and all easements,appurtenances, and
<br /> � fixtures now or hereaftcr a purt of thc property. All rcpl:tccmcnts and additions shull alsi� bc covcred by this Security
<br /> instrument.AU uf thc forcgoing is rcferrcd to in this Security Listrument us the"Property."
<br /> BORROWER COVENANTS:Itac Borrower is luwf'ully seised of thc estatc hcreby a�mcyed and has the right to grunt and
<br /> � convey the Property and tht�t the P►•��erry is unencumbered, except for encumbrances�rt'rccord, Burrower wurcants and will
<br /> •� defend generully the title ro the Propci�¢y against ull cluims and demands,subject to any encumbrunces of rcrord.
<br /> • THIS SECUR[TY INSTRUMENT combincs unifor►n covcn:snts for national usc and non-unifvrm cc�vcnants with limitcd „
<br /> � variutions by jurisdiction to contititute u uniform security instrument rrnering re.d property.
<br /> UNIFORM COVENANTS. $nrmwer anJ L.ender cavenant anJ ugrce as fallows:
<br />—3 -- � Puvmanf �.� vrinrin:�l �nd Interest: Prenavment �nd Ltate Char�cs. Aorruwcr shall promptly pay when duc thc
<br /> _
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