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<br />�:,�- � '�� THIS AEED oP TRUS�'("Security Instrument")is m�de on 3E�^1�ER 30, 1994 .Thc trust;ri�ia
<br /> ���..�,... ,. � '
<br /> 3�•. . :. " K$NT�..'+TH R SII�LONS AI� JANBT G SIAIONS, Hi1SBAND ANll WIFE
<br /> .j�.t, .,
<br /> -.:; • • —
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<br /> ;• ; �' ("Bonower°). The trustee is
<br /> � � � NORWEST BAIZlC N�BF.ASKA. NATTONAL ASSQC'+lATION �
<br /> _. �- � � ("Trustee',.Thebeneficiary is
<br /> • NORi+'IiST BA►.Y N$BRASRA. NATIONA7. ASSQCIATION �
<br /> which is organi7o.,.and existi�e;�under the luws of T� UNIT�D STATES OP AMEkYCA ,and witose
<br /> ° � I address is 262 WSST TAIRD STBSET, GRAND ISLAND, NBBRA:KA Utftsui
<br /> , ("Lcnder").Borrower owes Lendcr the princiPal sum of
<br /> ' ` ELSVBN TI�OUSAND NINF. MJNDR� SIXTEEN AND 97/100h��*'h � k11.916.97** —
<br /> D�llurs(IJ.S. $ )•
<br /> This debt is evidenced by �nrrower's note deted the same date as this Security Instrument("Note"),which provides for
<br /> I monthly payments, with the 9'ull debt,if not paid earuer,due und payable on SEPTEMBBR 28. 2001 • __
<br /> • � " . I This Securiry Instrument secures to Lender: (�)the repaymcnt of the debt evidenced by the Note, with interest,and all renew3ls,
<br /> ; extensions and modifications of thc Note: (b) the payment of all other sums, with interest, advaiced under paragrnph 7 to _
<br /> �� . • �� � p�ntect the security of this Security [nstrument; and (c) the performtu►ce of Borrower's covenanta and agreements. Far this �
<br /> ° „ � purpose, Borrower irrevocably grants and conveys to Trustet:. in trust, with power of sale, the following described property _
<br /> , � ; locatcd in I�Ai,L County.Ncbti�aska: _. -
<br /> ..,.. �
<br /> - LOT �. WHITB CLOUD SUBDYVISION, HALL COUNTY. NBBRASKA �
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<br /> � �� which has the address of 11551 I�IHITLr CLOW RD CAYRO Is�fcet,city�, � -
<br />-`'w �� • Nebraska 68824 C'Property Address");
<br />_. s ,
<br /> _ (Zip Codc�
<br /> � ' TOGETHER WITH all the improvements now�r hereafter erected on the property, and all easements,appurtenances,and
<br /> fixtures now or hercafter a part of the propeny. All replacemeuts �nd additions shall alse be covered by this Security
<br /> Instntment. All of the foregoing is referred to in this Security instrument as the"Property."
<br /> BORR(S�YER COVENANTS that Sorrower is la�vfully seiscd of the estate hcreby convcyed and has the right to grant and i
<br />_ " convey t�e ff'roperty and that the PmFrrty is unencumbered, except for encumbrances of recc�rd. Borrower warrants :md will �
<br /> � � defend gcnerally the title to the Propeny against all claims and demands, subjt�et to any encumbrances of n:rord.
<br /> •.� � THIS SECURITY INSTRUMENT combincs u�iform covenants for n:ttional use and non-unifornt rovenants���ith limited
<br /> variativns by jurisdiction to constitute a uniform securi[y instrument covering rcal propeny. �
<br /> _ � '� UNIFORM COVENANTS. Borro�ver and L.ender coven�ant and agrce 3s follows:
<br /> .. „ �
<br /> -��� 1. Payment of Principal and Intcresh. Prep�yment and Late Chvrges. Borrower shall promptly pay when duc the
<br /> -------- ------�-.,-�--- � nr:nrinnl.,e a�,.t��r��,•�r�n�hr dchc evidenrcii bv the Notc:uid atrv arcaavment and latc char�es duc undcr the Notc. �`_ _
<br /> - __------� °'-• _
<br />,- �------_..-.- r• r_ -' —""-' '--'
<br /> 2. Ilmds foe�Tnxes imd Insurnnce. Subject to applicable law or�to a written �vaiver by Lender. Burrower shall pay to �
<br /> l.ender on the day monthly payments am due under du Note,until the I�iate is paid in full,a sum C'Funds")fur. (a)ycarly taxcs
<br /> �i„ and assessments which may uttain priority over this S��curity Instrument as a licn un the Property;(b)ycurly Iwseltuld payments �
<br /> or ground rents on the Property, if any; (r)ycarly ha�attl or property insurancc premiumti; (d)yearly tluod insurancc prcmiums,
<br /> `->� if any; (e)ye:uly mon�•age insurance prcm�ums, �f�ny: and (tl any sums payabie by Borro�ver ro Lender, in accordanre with .
<br /> the provisions of para�r�ph 8, in licu of thc payment of mortgage insurancc prcmiums.Thesc icems xrc r.dled "Esrruw Items."
<br /> , Lender may, at any time, collcct ,ind hold Funds in an amuunt not to excc��i the maximum anwunt a Irndrr fur a fcder.�lly ,
<br /> _ � rctated mortbage loan may requin; far Burro�ver's escrow arcount undcr thc Feder.d itc:tl Estatc Setdement Proruiures Aci uf
<br /> � 1974 as amendai from timc to time. 12 U.S.C. Sa:ciun 2601 er se�y. ("RESPA"1.unlcss anotlicr I:►�v that:+pplies to thr Eundti �
<br /> sets u Iesser amount. If su. [.ende� may. c{t any time. rollect and hold Funds in ui� amouN ne,t ti, rxccaf thr Icsxr amount.
<br /> � Lendwr may ��timstc the amount ot' f"vnds due on thc bisis uf rurrcnt data and reasunablc eslitnatc+«f rxprnditurc.of futunr
<br /> ; , ' .,, Escrow Items ur nthenvitie in ucordance�vith upplic:eble law.
<br /> NEBAASKA•Singlo Fam�ly-FannEe Mrse/Freddio R7ac UNIFQAM INSTRUMENi Form 3028�J/90 '
<br /> ` " ��NI12T97h1TG vh�PMOqTGAGE�OP115 �Jt3�I93��00 �soo„a+ ���+ P��,���+ AmnndedS/91 ;
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