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<br />-- , "^_����- ACKNOWL�D(iMBNT
<br /> h�.. rr�. - °-
<br /> �Q�nd��stgn�d'PNStore heteby acknowledga md understm►d ffiat(n)the security danment betow to be exewted is a Tn�t Deed �
<br /> s r ��' ��� nnd aot o mortgoga,N)the po�'er of sdo pmvided far In the TNn Dad pravtdes eubstnutialiy differcnt dghts and obligatlons w Ua Tnutors �
<br />_':'`�'` than p rooRgage in the event of u defnult or bceucb of abllgatEon.The Trustors fLrther apte�sen_tA oad agrce thnt this ceRlflcntion hm been raud �
<br />�-.i.n��� � i/,G�/M �
<br /> � � ' and pcocuud in conneWon with,but prtor to.tha Yn�swrs'exeu►don of the fott��'�v C' + \
<br /> '' � `� �
<br /> ";�ay:,R�—.�,�`. DA1'kD OCTOBER 25 .tsas. r�
<br /> -::�::.:�3CDt
<br /> �i r^�i.t
<br /> -�"�ti�� stateot 1JEBRASKA � r
<br /> ) 6ENFAAL IOTAEI11�StaH ot Mdr�skt
<br /> l':;�c��� HALL � � 0l►vtD F.DOttMEN
<br /> -_� County of �{yp�m,Fxp,Aug.�.1996
<br /> . :-i�l
<br />`=':,`��.�: OCTOBER
<br />-`-��'�� 1Le fottgoinS insaument was actmowled ed subscrtbed md swom to befom me thls 2�TH doy of
<br />=��.� t�wrg v. ca�os�na
<br /> "` ;�� 19 95 by �,p G,�06. ti.io�t'1D iI�D Yd�at caona�s�anu,Nei�acice.� �%�y�
<br /> ���� F
<br /> --J=�;?�;'�_ • Notary Pu61ta
<br />- _� .
<br /> -_�--'"�—"r TRItCT DT�D
<br /> _ „uvza�
<br /> ��� p made oa �I�� ,19�!Tho ltusto�s are ��• � {��'D
<br /> ---__ � � ��� (•Borrowe�').'Ihe Tcuatee is Earl D.Ahischwede.AttomeY at
<br /> - -- Law. ("Tcuscee'.The beae9ciary Is the Qrend Islend Area Housing Corporetion,309 W.2ad S�eet,Gread Islaad,Nebrub,6b801.
<br />----��----.-���',,T " d .��� ��a�n`�i$Iwo e�a.�.� PThis�debt b evideaoed by Botrowe:s'
<br /> �---�---�, nota daud We e�me date es t61s Seciuity Instrammt("Noto'�.wLtch pmvtdes tbr a flxed payment tea yeara�om tha date hercoF 7Uo Security
<br /> .��.=:r;.� instr+�ment sewres w Lcndas: (a) the cepaywcM of the de6t avidenced by tho Nou.witb inleresR end aU m►ewals,oxlenstons and
<br /> _----�"-_�'�'.a modIScadons;(b)the PaYment of ali other sua�v,with inurest.edvenced undu pamgceph 7 to proteet the securtry of thls Security iaattumenx _
<br /> _�`. --'!`a and(a)tha pa�rfom�ance of Horrowecs'wvena�end ng�amems.For this pwpose.Bortowen irscwocably gmt and coavey w Truttca.[n trusR
<br /> ���,� whh power of eete.the foltowing descdbed DmPMY�
<br /> - - lOT EIGHt (8)� BLOCK FOUR (4), IN GEORGE LOAN'S SUBDIVISION. IN THE CZTY
<br /> �# OF GRANQ ISLANQ, HALL COUNTY� NE9RASKA.
<br /> ------ Tho maifing eddtess of the borrowers is 922 E 12TH ST� GRAND ISLAND NE 88801-2616
<br /> ' 1'O(}ETfiER W111i elt the improvemeuts now or hereafter etected on the proPo�tY�and ull eatementa.d8hts,aPPu�em�roata
<br /> --�� md�xtures hereafter a paR of the pmperty.Ail cePlacema�and eddiUons shall atso be covend bY thLs Securiry lns�mneat AU of the
<br /> -_ ��- - feregoing ts refer.ul W in this Securlly Insuutttent ns tho"Pcopetfy".
<br /> - -� - -- SORROWBRS COV6NANT thM Bon°we�s ar�la�ily seized of tlte amta hneby comeyed end Reve the dght ro grmt aad
<br /> - �= convey tho Pcopetty and that Ute Property is tmcncumbered oxcept for enamibtanoes of recotd.Bo�roweta watrent end wlll deftad genemllY
<br /> = the tiUo eo the ProPe14'��eli ctalmq and demaada.eubject w enY cacnmbmnces ofrocord.
<br /> - � COVSNAN'i'3.Boirowese sud I.eaders wvenent and egee av foUows:
<br /> _�_� .��7 1. Payment of Princlpal m�d IaurGCt:PrePayment end l.ote Chacges.Borrowe�a aheli promptly pay whrn due the prineipat oY the
<br />__.._.� _�'� debt evtdenced by tlio Nota end mry prepaymeat end lato cherges due under tLo Note.
<br /> _ ..��`�i
<br /> ,--�=��� 2. Funds for Tmces and Insurnnce.Ail reat estate toxes and tnsumnw shrill be paid by Botrowere when due.
<br /> -��a�:_-
<br />_:,- '��• 3.Chnrges:Liens.Bmrowera sha11 pay eil mxes.�mec►ts,e6erges.flna end Impostdons nCributabla W the PropcAy which may
<br /> a:;:,�;.� ..
<br /> ' �W;�c _��,t��-.'- attain priority ove�thia Security Instn�meat.aad leasehold payments or ground tems.ff a�ry.t�anowas shnll pay th�e obli;uions in tho
<br /> ._'=;�,..�-.��� mnnnor provided in paraBroDb 2,or if not pdd tn that manner,Hortowers shali pay them o ht(m�trowrs maYe these paymeats dlrccUy.
<br /> ;s:,,;.s h:.� 8orrowas shaU PmmPUY ftunish m Laadere a1t noflces of nmounta to bo paiA under thia naregro,p .
<br /> :.;' '� ,-.. +� � Bosrowers sdail pmmpdy fivafsh to Lendsrs rueipts evidencing the poymenta.
<br /> __r'�,1 r.�-:�-��
<br /> Hoirowers shatl prompUy discharge any 1ten which haa priorhy over tNi�Security Instnunent(exclud1n8 any 8r�i dad of tnsst)
<br /> �•... .:.
<br />..,.
<br /> s-,,-:: f� ' unlesa Boaowera�(u)n�see in wddng w Uro paymeat ofthe obllgaHon sca�ced AS'the�len in n manner ucaptnDle to I.tnder;(b)aonust la good
<br /> -� �L�....�s.ti t� w.t e.Are�n�ininn rv�w,a�� 1n E1EVl�L f�0
<br /> - -- .'� falth tha ttae by.or defend ngainst eniat�eme�c of mc iicn in,iage�Y�:,�...�a��•••�»�» -
<br /> R+•'�����,. enforcement of tRe I[en or forfetare of any Qact of the Propeny:or(c)secu�e&om tho holder of tAo lien an ugeemert satis6se�ory to Lende�s
<br />-+;���� . � sutsordlpating tho Iten to thtv Securiry Inst�meni If I.eitdas dete�mine that any pa�t of the Ptopecty!s subjxt W a Iten whkh may attaln
<br />���u.. ,n ? :
<br />___ _ , priodry over this Seeurity Insaumcot,Lende�s may�ive Bo�mweca n rtodce tdentliying thc Iim.Homowers sha11 satlsty the Iten or e one or
<br /> •`r_„, . ,_
<br /> � . mons of the acdons set foN►above withtn 10 days of the glving of nodce.
<br />°°.. �, � ' . 4. Nnzerd Insurance. Bortowers shali keep the improvemenfs now existin$on c�ieafter erected on tho PropeRy iesuttd ngnlast to�s
<br />-` `� � by flre,hazards tnetuded within the tertn'extended eoverage'nnd any other hnr.tuda for whlch Londers require insumuco.lt�is Insumnoe shrl►
<br /> � be mainWned in tho amount4 and for the perlods that Lendeis requirc.the insuronce cartter providing the inswana ahc;li be chosen by
<br />_ ° go��vees y�upj�ct ta I.cs►decy�uppmv�l which shdt not be unreasonoEly withheld.
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