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<br /> � DEED OF TI�UST ' �_�'�
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<br /> , , . � . THIS DEF.D OF TRl)ST("Securiry Instniment")is made on Nov�mber 14, 1994 .The trustor is .
<br /> .., . .. ... � ��
<br /> Ralin D. and Na�cy M. Kreuchi� Husbanci und Wife � �
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<br /> ' • ! ("Borrower").The tn�stee is Norweet Bank Nebraeka� National Aseociation • ` �� � ''��`�'���;
<br />.. • .. �� •/ ..e�w==-
<br /> . �% ("Trustee").The bcncficiary is Norwest Bank Nebraekx. NationaY Aesociation
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<br /> _ ' ;y�l�!��rag,r�nA�ei rxiGtinv nnder the inws of the United SCatea of America ,and whosc ,� �� �.
<br /> nddressis 2�2 Wesr Third Street, P.O. Box 1768� Grand Island� NE 68002 s '�'
<br /> ("L.endcr").Borrowcr owes L.endcr the principal sum af ,�w�'� -
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<br /> ' 'fNIRTY-FIVE THOUSAND AND NO/100-------_-________________p�llnrs(U.S. $ 35�000.00 )• • .�,
<br /> This deUt is cvidcnced by l3orrci�vcr'ti note dutcd thc tinmc dutc ns thiti Sccurity Instrument("Notc"),�vhlch provides for I , ��'�"
<br /> ". inonthly payments,with the t'ull debt,fF nut pald carlier,clue nnd pay�►bic on Novembnr 11. 1999 • ' '�
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<br /> " ' • This Serurlry Instrument srxw•es to I.ender,(n)ihe repayment of the debt evidenccd by tlic Note, with interest,und adl renewul5, ; �•., �•
<br /> . „�„ :t,, , extenvians und m�xlifici��fons ��f the Nute; (b) the payment ot'all uther �;ums, with interest, advainced under paragroph 7 to � , -
<br /> . pratcct the sccurlty c►f thl�; Sccurfty Instrument; iind (c) thc performance of Rorrower's covenants nnd ngreements. For this , � ��s+��
<br /> - purpose, liarrower irrevacubly gmnts nnd cunveys to Trustee, in tnist, with puwer uf salc. the following dcscribcci property � ' �� . �
<br /> . .. -,.,.., locatcd in !lALL County,Nebraskn:
<br /> '�'•' A part of the NE1/4 of xhe SW1/4 of Section 24. Township 11 North� Range 1.0 West of the I �','h `._.
<br /> " '"'n'�" 6th P.M.� Idall County. Nebraeka� more particularly deecriUed as follows: Beginning nt '4• . �� �
<br /> ' °'^'"' `� tho Northeaet Corner of the SWL/4 of enid Section 24� Township 11 North� Range 10 West. • , �: � • -
<br /> '" running thence South on tha Eaeterly line of said quarter section a distance of 90 feet� - � � �• •
<br /> thence due West parc►llel to the North line of. eaid yuurter section. a distance of 163 ���
<br />_ �� feet. theace due North parallel. to the �aet line of said quarter aection a dietance of S ,y;
<br /> - 90 f¢et Co Che North line of said qusrter section. thence due Eaet on the North line of ���
<br /> eaid quarter section a distance of 163 feet to the Northeust corner of eaid SW1/4. which �r• •
<br /> •• ie the place of beginning SXCGPT a tract of land deeded to the City of Grand Island� �• �
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<br /> - �� Nebr�sskc� by Warranty Deed dated July 20� 1991 and recorded Auguet 9. 1991 as Document '4... �, .�
<br /> = � ,� No. 91-105199 of thc recorda of Hall County, Nebraeka. '� �
<br /> �• "' which has the address of 1018 Claude Road. Grand Ialand Is�rc�i,c��y�. y.`
<br /> ;: .„ `� NebrASkn ("Property Address"): �;
<br /> 68803 17sv c��l , '
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<br /> TOGETHER WITH all the improvements now or hereafter erecteci on the prop�:rty, and ull easements,appurtenances, and , ;.
<br /> ,� fixturcs now or hereafter a part of thc propeny. All repincements nnd additions shall ;dso be covered by this Security
<br /> instrument.All of thc fore�oing is refcrrcd to in chis Sccurity Instrumcnt as the "Property." � 'i
<br /> , �. QORROWF,R COVBNANTS that Borrowcr is lawfully scisal of thc cstnte hcreby convcycci and has thc right to grant and .
<br /> � convey tlte Property nnd that the Property is unencumbeced, except for encumbranees of record. Borrower warrants nnd will
<br /> , defend generally tlie titic to llic Propeny agninst ull cluims and demands,subject ro any encumbrimces of rccord. "
<br /> } " T�IIS iE.CURITY INSTRUMCNT combinr.s uniform coocnants for national usc und non-unifirrm cuvrnant+ with IimitcJ
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<br /> _� . :��riutians by Jurfsdictiun to constitutc a unifom�,ccuriry instrumcnt covcring rcnl propcny. ,��'
<br /> ;r UNIFURM(:OVENAN'TS.Dotrowcr and L.cndcr covcnant and agrce us follo�vs: :r f
<br /> 1. l'ayment a�f I'rlttclpal and Inter�h �rpayment und I,�itc CharE;��. f3orrowcr ,hall promptly pay when duc thc •
<br /> � - -- ' -_ . . _ . _ .. . _. . . ., • � ---- ..._....�__.�_ .�_._ �_ �
<br /> F ° ` pnnstPat ot:Itld ff1ICiC5I Utl[RC QCbI CVIQCRCW OV II1C rvo[c:inn any prepaymrni unu i.ttc�ntuyc�vuc unuc� iuc�.un. i�
<br /> � ..,, � 2. l�nds fur'tuxc.v nnd l�isurnncc. Subjcct to npplicablc luw or ro a writtcn waivcr by l.endcr, I3orrawrr shuU puy ro �
<br /> Lcndcr on tl�c diiy monthly paymcnts arc duc undcr thc Nutc,until thc Notc is paid in full,a sum("FunJs") ti�r: (a)yc:uly taxcs I '
<br /> � , and osscssmcnts wl�ich may;Utiiin prioriry over this Security Instrumcnt us n licn on thc Property; (b)yearly Icaschold pxyments � y
<br /> or ground rents on tl�c Propc�ty,if any; (c)Ycarly h�ard c�r pruperty insurancc premiums;(d)yearly flood insuranrc prcmiums, �
<br /> . if any; (c) ycarly mortga�;c insurancc prcm�ums, if any; anJ(� :my swns paynblc by 13orrowcr to L.endcr, in arconluncc with �
<br /> , thc provisions of paragr.iph 8, in licu of the paymcnt of mort�,jge insurance prcmiums.Thcsc items arc callccl "Fscrow Itcros." � , .
<br /> Lender may, at;my timc, collcct and hold ��unds in an amount not to cxcecd thc maximum untiount a IcnJcr for a fcdcrally �
<br /> ". „ rclated mort�sa�e loan may reyuirc f'or i3orrowcr's cscrow accuunt under the fcderal Rcal Estatc Setticmcnt Proccdure� Act of �•�
<br /> ,. l�74 ns umcndcd f'rom timc ec►�imc, I?. U.S.C. Scction 2601 c�r sey. ("RESPA"), unlcss anothcr la�v that applics tn thc FunJs
<br /> � sets a lcsscr unwunt. If so, Lendcr m�y, at nny tir.lc, collcct and hold �unds in an amount not to excecd thc lessrr amount. , , —
<br /> Lcndcr may cstimatc the umow�t of funds due un thc basis uf currcnt d,uu and reasunable estim�tcs�if cxpcnditures of'future � .
<br /> Escr��v Itcros ar othcnvisc in acc�rciancc with npplicablc luw. ,
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<br /> • NENNASKA•51nple Famllyfnnnlo Mao/Frodttlo Moc UNIFORM INS7RUMEN7 Form 3020 9/80 I
<br /> _� �NI 12T97 MTO VM�'A10Hi6��G"FOIiMS �3131703 8100 iG00�G41/ZU1 YeOA 1 0�< Amanded 6191 I �
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