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<br /> . - ,. - , � ���NORt'VESTBA�SK NEBRAS�tA,� DEED OF TRUST � t�ol� �o.�g, -�
<br /> � � P.O.BOX 34 , : ��:� _
<br /> . , ` ONlAHA,NE f:8103 Gp� �:". .r��:.�' �,.�="�
<br /> � . Ai7�l: PHYi.IS 1ENSEN ` —�° .` �.` . �� � .�
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<br /> � • ` , TI�IIS DEED OF TRUST("Security Instrument")is made on DECBP�EIt 19, 1994 •The trustor is :. ;��
<br /> _ ° ' RITA A. JACOBS8IQ, A SINGLE PERSON • �,t�`�°"
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<br /> �- �E e�,
<br /> • ("Borrawer").The t�vstee is � 2iOR4IEST BANK NSBRASRA NATIONAL A3SOCIATIQN �, �.�,� �
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<br /> I ]. ... ' � � '�L�..�"—".
<br /> NSBRASRA NATIONAL ASSOCIA�'ION r�
<br /> _.. _ _ -� ., �T�stee��.The henefcciary is NORWBST SANR �-`..��
<br /> .- -.- -.- - . . (. . - r�-�'°-'�'
<br /> � � which is organized and e�cisting under the laws of T� iJNITED STATES �F A�.LiICA .and whose � ���'=-
<br /> address is 202 WSST Tffi$D 3TRSBT, GRADID ISI.AN11, NEB1t6SRA 654�1 � r�.�;.�=_
<br /> �_- ��
<br /> . ' � . . _ . . ("l.ender").Bortower owes Lender the prineipal snm of ��-,--
<br /> ��;�_—
<br /> --w_._ , . e:�,-
<br /> , FORTY-FI9B THOIISAND FIVB HIINB� TW�3TY-S� AND NO/00 Dallars(U.S. $ 45,526.00k�**� ),' . -
<br /> �, : T6is debt is eyidenced by Honower's note dated the same date as this Securiry bnstrument("Note"),which�rovides for
<br /> �' • monthly paymems.with the full debt.if not paid earlier.due and payable on JANITARY 5th, 2000 • ,''� ��-_
<br /> - - ---.--- This Sec�nity Instniment secures to I.ender:(a?the repayment of the debt evidenced by the Note,with interest,and all renewals. � ' �-`-
<br /> � � � extensions and a-�dificatio�u of the Note; (b) the payment of all other sums. with interest, advancxd under paragraph '7 to ��'a��`-
<br /> ' protect the secr.r.ty of this Security Instrument; and(c) the perforn�ance of Borrower's wvenants and agreements. For.this � .�;�.,,;.�
<br /> . purpose.Borrower irrevocaCic- �ranu and conveys to TnLStee. in uust.with power of sale,the following described property �;:�_�
<br /> ,�. . �� located in &'�.L Cowny,Nebraska: ��. ::�__
<br /> �
<br /> . �• _��i•
<br /> ' I&DT TSN (10)s BLOCR BIG9T (S), SCARFF'S ADDITION TO WBST LAWN, CITY OP • �— _ -�
<br />- � � , �. . GRAi1D ISLAND, aAT.L COUNTY. NSBRASRA. . � !!!�=��n�
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<br /> T�..j� . '� � . which has the address of 2011 NORTH LAFAYETTE s GRAND ISLAND [screa,C�ryl. -
<br /> • . ' � Nebraska 68803 � ("Properfy Address°): _ -
<br />-�'', (Zip Code) .
<br /> S�. . �.. . ' ' �.��
<br />- , , TOGETHER WITH a11 the improvements now or hereafter erected on the property.and ell easemenu,apF,:ecrnnanoes,and ��
<br /> � �� ,� ' fiatures now or hereafter a patt of the properey. A11 ceDlacements and additions shall also 6e wveted hy t�'�is Security
<br /> • . ' .' • � Instrument_All of the foregoing is referred to in this Security Iosttument as the"Property." ��'��
<br /> `' SORROVJ�R COVENANTS tt�at Borrower is lawfully seisad of t�2 estate hereby conveyed�s!has the risht to�tant end �
<br />- } � convey the Pre�erty and that the Property is unencumbered.except for enctunbrances of reco:d. �oaower warrants an�wPf3 , .
<br /> � . defend generelty the ude to the Property against all claims and demands,subject to any encambrances of record. ".'�
<br /> '._.,';:�-
<br /> " THI5 SECURITY INSTRUMENT combines uniform covenants for national use and�ron-uniform wvenants with litnited ;,,.-.,Y
<br /> - .i ' variations bp jurissiiction to consGtute a uniform security instwnent coveri�g real property. ..
<br /> � UNIFORM COVEI�iANTS.Bonower and Lertder oovenant and agree as follows:
<br /> ..• N
<br /> . 1. Payca¢nt oY Principal and Interest; Frepayment aad l.ate Charges. Barrower shall promptly pay whcn due the •
<br /> �� • � � � principal of and interest on the debt evidenced by the Note and any prepayment and late chargec di:e u�der the Note. •
<br /> � .�� . . . _ . 2.Fun'dg for Texes and insornttce. Subjat to upplicable Inw or to a written waiver by Lender. Borrower shall pay to
<br />_. � •. , l.ender on the day monthly p�ymenu are due under dhe Note.until the Note is paid in full.a sum("Funds")for:(a)ycarly taxes •
<br /> and assessments which may attain priority over this Security Insuument as a lien on the Property:(b)yeariy leasehald payments � �,
<br /> _ � . or ground rents on the Property.if any;(c)�earfy hazard or prQperty insurance premiums:(d)yearly flood insurance prem�ums. .
<br /> � �� � if any; (e)yeariy mongage msurance pre�ruums.�f any:and(fl any+sums payab!'e 6y Bort+ower to Lender, in accardance with . .
<br /> -' �� - ' - the ptovisions of pacagrnph 8, in lieu of the payment of mortgage insurartce premiums.7'hese items are called"Eserow Items." .
<br /> ' , • l,ender mrcy,at any time. rnitect and hold�unds in an amount not to excced the mvcimum amount a lender for a fetierally • ` ��,
<br /> - . . , related mox*gage ioan may require for Borrower's escrow account under the federal Real Estate Setdement Procedures Act of , ,�,
<br /> ""� • ' 1914 as amended from time to time, 12 U.S.C.Section 2601 ei sey. ("[iFSPA"),unless anothcr tuw that applies to the Funds . „� _:.
<br /> � sets a lesser amount. if so.Lender may.at:u�y tirne,collect and hald Funds in an amount noi to exceed the lesser amount.
<br /> f�_ ` . . `' '� '.. _ i.ender may estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of future . . �s :�
<br /> ,g. z_ . ,:- E�seraw Items ar other�vise in ae�vnin�n�witSt uyple�abSe iaw: • ---
<br /> . . ' � �
<br /> , ' � ' NEBRASNA-Singto Famiiy�formlo MaolFreddio Mac UNIFORM INSTFiUMENT . � ,�
<br /> Form 30Z8 8/90
<br /> - � ' QJRj(u���8�(�(; VMPldORTGAGE FOF}dS-13131293 8100�18001521�M91 voso i oi a AmenCotl 6(91 � • - _ : -!
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