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<br /> - 7h;und:rdprcd harcbN ccknoeAcdpoo that(N tl:o documont to bo oxocutod la n Yruot Dood onA not o mortpnpo�nd(h1 tho pm•�or ol oclu prcvidcd '�
<br /> •� ior in th�Yrunt Dced prov:dea cu�otcntlr.!ly diiforont rlphto c�ntl okl�potlon�to tho Dorro��or Ihnn u mo�tpopo In tho ovont ol o dafcult or br�r.r.h ot
<br /> . obllgation. Yhw unQ�ralpnod(urthar roproconto cnd oproco tfu�t Ut10 cortilicotion han boon rucJ und oxocutcd In coiuiooilon e�ith hut pnot to �ho _ ,..
<br /> unde�dpnad'o exoauqon of the(ollurrtnp Troot Deed. ;±='--
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<br />" �� ' EQUITY LOAN T�iUST DE�D ��'�
<br /> , " THIS TNUS4 DEED lo m�do thio yth day of_ NOVHIIY�T ,19 g ,by oixf bstwnen tho Tiun�ar, u.a__.
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<br /> �„�y r. S;� aahc�r and gr�_n_r7a F Schucnact.�e./ ust�and and wife . `���
<br /> �, lhe�eln"Elorrower'1, r�
<br /> , who�e meienp eddroee le r1059 CannQ(LRd. Gra[xl Island_NG 68803 _� ,. ��
<br /> end FlnTler �nk National Association Qnaha Nebraska . �
<br /> .iherefn"7ru�tee'1,enJ tho • ,. ��
<br /> ' 8enafloi�ry,FinTier ► r��ig�e�nnilinp eddrens ie 17(]❑ F'?•*±�•n Ctrppr� ,• .
<br /> 47taha NE 68102-2163 (hereln"Lendor"1. � •
<br /> � '� ' BORROWER,In aonelderatlon of the Indebtodnesa hereln reclted end the truot herein o�eeted,irrevooebly�rente nnd conveys to Truatee,1�truat, ,
<br /> � WITH THE POWER OF SALE,the followinp denorfbed property looeted In the County of Hc311 ,State of Nebreslce: .
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<br /> `�'' ,� � Y.,ot 2, Adans Way Subdivision, City o� Grand Island, Hall Caunty, Ncbrn.�ka , „ , . �__
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<br /> TOGETHER with ell bufidinpe, lixturee erxl Improvements now or hereettu�oreated thereon und ell riphte•ol-wny,eaeementa, rente,fesuea,protite, � :�'���-^,
<br /> 1--��• � incatne,teneme�te,hereditemente,ptivilepea,oppurtenencea,roy:itUee,end minetel,ofi, Bee ond weter riphte thereunto belonpfnp,used or en�oyed i •
<br /> � with seid lend or eny part thotsof. and the homeetoad or morfte!intereeta,if any, which intereate ere hereby releeted end walvod, end ell ot whiah, ;
<br /> Inctudinp replacements end additfone thereto ehall be deemad to be and remeln o pert of the property oovered by thie Truet Oeed;end eil of the � "
<br /> " torepoinp tuQether w{th eeid propertV ere hereln referred to ee the "Proporty.' I ,�1 y:
<br /> TO SGCURE to Lender tho repaymont a1 Indobtedneoe evidnnced by Bor�owor'o noto dntod NovenbPx 9 ,�s 94 ,topethe� i r; � ,.
<br /> �. with pti�y eod nll ronowalo,moditioation�,end extennion�thereof and nubetitutione or exohenqes the�efor, (herein retened to ee the'Note')in the � � -
<br /> pHnCipal aum of 8 18.�00.00 ,,topether with Intereet et the rete provided thereln,with e final maturity,If � ' �'
<br /> � � ��''R:
<br /> not eoone►pald,of NONQlfIbP.x' 16 ; 19 99 ,end as aecuriry lot eny luturo odvnoces thot mey be mede Gy Lmidar to Borrowor � `k, ' ��' �
<br /> . from time to tlme ond ae eeourity for the paymont of eny end ell other Indobtodnose ol the Botrower to tho 4endor which may uriae,all of eoid aums �,
<br /> ' not to exaead In the ogprepete o oum equnl to three timoe the orlpmol principol emount of tho ebovo recitod Note.
<br /> � .� �
<br /> , BORROWER oovonente tl�et Bortower io lewfully seitoJ o}the Propaity hereby convoyed und hea the rfpht to grent end conv�y the Prope�ty,thet tho �` �
<br /> Property la unoncmnbered by eny mortpape, t�uet deod,oontroct to purahesa,or othorwise,oxcopt for a_ k'iY'St DP_E?d Of TYl13t _,_ " ,
<br /> � � In}ovor o} NOKV�st MQL'�qdq0, Ii1C. ! .'
<br /> on whlch lhe unpald baionoe on thfe dete Aoee not exceod 0 . Borrowor covenento to corr�ly with nli the tnrms _
<br /> � end provlslons of Rny pilor mortgupe,truat doad or cantrnot to pu•�the Property end to mako all paymenta thereon boforo thoy bu�mno .
<br /> ' � doNnqueni, if no namo or cmaunt in Inserted In thls pareptoph,then Borrovior covonanto that thote ore no prior liene of nny kind upon the Proporty. j
<br /> E3orrowe►furtAer covenants to worrent end detend the Ut�e to the�roporty npolnet oll cloim•r end domondo.
<br /> Borrower and Lender furthor ouvenent ond�flrea oe followe: .
<br /> 1. Eiorrower sholl promptty puy when duo tho princfpnl nnd intoroat on tho indobtodnoas ovidoncod by tho hoto. � • �
<br /> 2. At least ton deye befo�e thoy bocomo deiinquont, Botrower eh�ll poy oll r�xos ond epeciol ca0000mente lohod or eoeoaend apafnst tho Property, '�
<br /> o�ony part thereof,o�d oll toxea,loviee nnd aeoesomonta levied upon thie Truot Oood o►the dobt which it oocureo.
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<br /> - 3. F3ottower a�oil kee t�e I roveme�t�ond Bufitlln 9,11 nn u on tho Pro orry insurod,�vith n compnn or co ' " —
<br /> � p mp p y, p p y m;�anlen epprovod 4y t�e Londor,ror
<br /> en nmount not lese than tho unpetd bolence on the Indobtednoon o�cureA by thio Truet Doed with o otondnrd mortpepe r.leueo with l003 poyobin to
<br /> � ,� tho Londor. Borrower ohnll dellvor aald poNoy or policloa t�tho Londor.
<br /> In the eve�t of e lose.Borrov��r ohell plva prompt notloe to the insun,nco currior ond the Lendor nnd f�la e proot ol loen. IY tho Bo�rower ie not otherwino
<br /> � in d�t�ult,the Dorrower mey�lect to oppl�the insurenoe proceeAs tu repnir o►reqloco the demeped Fropeity.N eoonumicnity feesible,end the oecwity
<br /> �� of thls Truet Deed would not be Impelred. If the l3orrower le In dsle�lt or electe not to repalr or reploae the dameped Prope�ty or�opol►or raptacernont `
<br /> would not oconomlcolly leus:bte or tho aocu�ity oi tAls Yruot�eed would oe Impelrcd the�the fnsurRnce pruceeds ahell be epplind to the leat meturinp
<br /> „ peymiente du�on the fiote. If tha In�urence pioceeds ero In exce�s of the totol emount due on eeld Nnte, the excese ehell be poid to the�orrower.
<br /> � Innurance proreed�fur repelr or roptecemont nh�tl bo plecad in oscrow vdth tho londer ond dfeGuraed by Londor dodnp or upon comptetlon ol auch
<br /> repa�r or replecement. II tlie len�fer ecquirea Iitle to tlio Proper:y by o:cerclolnp fte power of enlo,loroclouure or othenvue. in eotiufocuon of the
<br /> indobt�dneea aocweJ heroby,In whole ot In pert,then ol!ripht,title nnd fnto�est uf the Borrower fn end to such insu�enco policy or policfos oholl pnr.o
<br /> , •� to the lender.
<br /> � ' 4, Fo►the putpose of providing e tund for the peyment of texee,apociol essossmonto end Insurenco pramwms, �orrower ohnil doposit �vuh Londoe.
<br /> on the daten�het paymonte ero due on the Note,en emount eQuol ro the toxoe,o�aensmento ond insurence pramiume next duo Inil oa ootmeuted by „
<br /> ' the Lender,laeo e�nounte nlroadydoposfted thorolorl dividod by the numbor of poymonte on the Note thot�v�ll bccomo duo prior�o tho duto whon�uch ' .
<br /> � texes,esseecmento end Inauronca premiume will bocomo due ond paynblo. Said lunda will bo hold by tho londor in o non•intoro�t bonnnp osr.rn�v
<br /> � nccount for the purposao eot lorth ebove. If the emounro of these Jcpooita ore not eufHciont to pny toxao ossoscmonte ond in,urnnco prem�un+a cro
<br /> they bocome duo,tho Emruwer ehell uzun roquoet,pey Lendei tho omount ner.oseory tt make up tho J ���•c+ncy. . _ __
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