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<br /> '`���'-°'� •�'"�s�' " THIS DEED OF TRUST("Security Instrument")is made on S E PT EMB ER 26� 19 9 4 .'fhe trustor is
<br /> ..aaY.a�Li:�. .l.i-...: .
<br /> i t ,....rt.�, ..
<br /> �;�r ' ��� , JOHN K. SELT AND JULIE A• S$L�� HUSBAND AND WIFE -
<br /> _ ''F•".�, . , . ..
<br /> _ ,, �.,. ,r.;;';: . .
<br /> .��y�,,, . � �!`�;�"' ("Borrowcr").Thetrusteeis NORWEST BANK NEIiRASKA� N.A. �
<br /> _ .. _ ,,,.;
<br />. . �...
<br /> " ;�1��.: � ("Trustee").Thebeneficiary is NORWEST BANK NL�BRASKA� N.A.
<br /> �,,.',�.:•:: which is orsanized and existing under the laws of UN ITED S TATES OF AMERICA • .aaar3 whose
<br /> . ...,. ,...
<br /> ; ��� :' . � �:'�;'�?;,;:_._ address is 3404 W 13th St. �RAND ISLAND; NE 68 80 3
<br /> � � T• TIFTELN THOUSAND AOLLARS AND 00/00----- ("�nder"). Honowerowesl.,endertheprincipaisw�xoi
<br /> „ Dollaas(U.S.�$ 15�000.0� �� °�
<br /> `� . This debt is evidenced by Dorrower's note dated the same dnte as this Security Instrument("Note"),which provides far
<br /> - monthly payments,�vith the full debt,if not paid carlier,due nnd p�yable on SEPTEMBER 26� 1999 .
<br /> . This Securiry Instrument secures to Lender:(a)tite repayment of the debt evidenced by the Note,with interest,tshd all renewals,
<br /> , • extensions and modificutions of the Notc; (b) the payment of all other sums. �vith interest, udvanccd under paragraph 7 to
<br /> "' protect the securiry of this Security [nstrument: und (c) the performance of Bonower's covenants and usrecmcnts. For thfs
<br /> ' pur�x►se, Boirower irrevocably grant9 and convcys to Trustee, in trust, with power of snle, the followiu� described propeny
<br /> . located in HAI,L County,Nebraskn:
<br /> � • •- ' LOT 2, IiI.00K 2� COLONIAL GSTATES SIXTH SUBDIVISI�N� CITY OI' GRAND ISLAND. -�
<br /> , „ HALL COUNTY, NEBRASKA �
<br /> ` THIS DEED OF TRUST SECURL�S AN OPL�N END REVOLVING I�INE OF CREDIT. SEE ATTACHED "'"
<br /> ; � �..,
<br /> :,a. . l�OME EQUITY ACCESS LINE RIDER.
<br /> 1'� .' �:
<br /> = which has thc address of 1011 KENNEDY DR. GRA�TD ISLAND IStrcct,Ciryl.
<br /> _-� " � Nebraska 6 8 8 0 3 ("Property Address");
<br /> � �Zip Codc�
<br /> _, _
<br /> y � 3 TOGETHER WITFi all the improvemcnts now on c�reaRer erectecl on thc property,and nll easements, appunenances, and
<br /> -� fixtures now or heresfter a�part of thr, property. All rcplacements and additions shull also be covercxi by this Security
<br /> Instrument. All of the foregoing is refernd to in this Sccurity instcument as the "Property."
<br /> •1� BORROWER COVENANTS that Borrower is la��fully seised of the estnte hereby convcyed and has the right to grnnt and ,
<br /> convey the Property and that the Property is unencumbercd,except for encumbrances of record. Aorro�ver warrants and will
<br /> - • defcnd�encrally the title to thc Property against all claims and demands,subjcct to any cncumbrun�es of record.
<br />= '`. THIS SECURITY INSTRUMENT combincs uniform cov�nants for national usc and non-uniform covcn�nts with limitcd
<br /> ' -�• �• variutions by jurisdiction to constitute a uniform security instrument covering real property.
<br /> � UNiFORM COVENANTS. Bomower and Lender covenant and agree as follows:
<br /> �� • 1. Payment of Pir6uipnl and Int:rest; Prepayment and Late Charges. Borrower shull promptly pay when duc thc
<br /> - principal of and interest on the debt evide�nceci by the Note and any prepayment:uid late charges due under the Note.
<br /> :..
<br /> " ,_--_-_--_ 2. H1.mt,c fnr TflY�a nnd iacurnnee. Subiect to annlicable law or to a written�vaiver bv L.ender. Borrower shall pay to
<br /> - -
<br /> - -- ----. . . .. -
<br /> ' �� Lcnder on the day monthly payments ure due under thc Note,until thc Notc is paid in full,a sum("Funds")for: (a)yc:srly taxcs � '
<br />_ � � and assessmcnts which may attain priority over this Scc��rity Instrument as a lien on the Propeny; (b)yearly lcaschuld payments �
<br /> '� � , or ground rents on the Property, if any;(c)ywrly h:vard or property insurance premiums;(d)yearly flood insurance premiums.
<br /> �; r - if any; (e) yearly mortgage insurance premiums, if any; and(fl any sums payuble by Borrower to Lender, in accordance with
<br /> r�. the provisions of paragmph 8,i�i lieu of the payment of mortgage insurance premiums.These items are callecl "Escrow Items." �
<br /> �� L.ender may, at any time, collect and hold Funds in an amount not ro exceed die maximum amount a lender for a federally �
<br /> related mortgabe loan may require for Borro�ver's escrow accow�t under the fedr.ral Real Estate Settlement Procedures Act of
<br /> . 1974 as amended from cime ro time, l2 U.S.C. Scction 2601 et sey. ("RESPA"), unless aniither law that applics to the Fwids
<br /> - �� �� sets a Iesser amount. If so, Lender muy, at any time, collect and hulJ Funds in an amount not ro exceed the Irsscr am��unt.
<br /> L.ender may estim�uc the amount of Funds due on the basis of currcnt data and reasona�le estimatcs ot expenditures uf futurc
<br /> �{ `� Escrow It�ms or othenvise in accordanec with applicable�aw.
<br /> � • NEBHASKA-Slnplo Fnmily-Fann!e Mae/Fteddio Mac UNIFORM INSTRUIMENT Form 3028 91Q0 �
<br /> .`"s �NI 12T97 MTO VMPMORTOAGEFORMS �31J1]93 8100 �800�62�729� Poqa 1 014 Amondnd 6191
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