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YHA C-v N. <br />State of Nebraska DEED OF TRUST 321 - 2261608 <br />1'111S A,I d) OF I MIS I'( "Security Instrument,') is made on March 14th 2003 <br />The tri stor is Fernando P. Alvidrez and Kimberly J Alvidrez as husband and wife <br />( "Ilnrrnwer ").'I he trustee is <br />('Truster: "). The beneficiary, is United Nebraska Bank <br />which is organized and existing under the laws of the State of Nebraska and whose address is 700 North Webb Road <br />Grand Island, NE 69803 ( "Lender "). Borrower owes <br />Lender the principal sum of Fifty Six 'Thousand Two Hundred and 00 /100 <br />Dollars (U. S. S 56,200.00 )_ This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which <br />provides for monthly payments with the full debt, if not paid earlier, due mid payable on April 01, 2033 This Security <br />Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; <br />(h) the payment of all other sums, with interest, advanced under paragraph 6 to protect the security of this Security Instrument, and (e) the <br />perfonnmice of Borrower's covenants and agreements under this Security Ins[mnieet mid the Note. For this purpose, Burrower does hereby <br />mortgage, grant and convey to Trustee with power of sale, the following described property located in Hall County: <br />The Westerly One Hundred Forty Fight if 48) feet of the North Fifty Five (55) feet of Block Four (4), in Koehler <br />Subdivision in the City of Grand Island, Hall County, Nebraska. <br />which has the address of 507 S Vine Grand Island <br />Isa"tl [cry] <br />NE 68801 ( "Property Address "); <br />[ <br />Stan J IZ p Codd <br />T "OGE'fHER WITH all lire improvemetds now or hereafter erected on the Property, and all casements, rights, appurtenances, rents, <br />royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a pmt of the Property. All replacements <br />and additions shall also be covered by this Security Instrument All of the foregoing is referred to in this Security Instrument as the "Property ". <br />BORROWER COVENANTS that Burrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and <br />convey the Property and that the Property is unencumbered, except for encumbrances of record- Borrower warrants mod will defend generally <br />the title to the Property against all claims and demands, subject to any encumbrances of record. <br />TI [IS SECURITY INS "rRUMENT combines uniform covenm6s for national use and nonuniform covenants with limited variations by <br />,jurisdiction to constitute a uniform security instrument covering real property. <br />Borrower and Lender covenant and agree as follows: <br />UNIFORM COVENANTS. <br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of and interest on, the debt evidenced <br />by the Note and late charges duo under the Note. <br />2. Monthly payment of Taxes, Insurance, and Other Charges. Borrower shall include in ouch monthly payment, together with the <br />principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments levied or to be levied against the <br />Property, (h) leasehold payments or ground rents on the Property, and (c) premiums for insurance required tinder Paragraph 4. In any year in <br />which the Lender Last pay a mortgage insurance premium to the Secrctmy of Housing and Urbmh Developntenl( "Secretary "h or in any year in <br />which such premium would have been required it Lender,still held the Security Instrument, each monthly payment shall also include either. (i) a <br />sum for the annual mortgage insurance premium to be paid by Lcndcr to the Secretary, or (n) a monthly charge instead of mortgage insurance <br />premium if this Security Instrument is held by the Secretary, in a reasonable mount to be determined by the Secremry. Except for the monthly <br />charge by the Secretary, these items arc called "Escrow Items' and the sums paid to Lender are called Tscrnw I ands." <br />I IIII(Iv(a10 1) 1667369 Peg' Iat5 <br />cr Totoaati6 op <br />N ryry <br />M <br />m <br />o 6 <br />o <br />`•, <br />r n <br />czs <br />� <br />H <br />C <br />— [ SpainAlaveThisLineforRecordingEast <br />YHA C-v N. <br />State of Nebraska DEED OF TRUST 321 - 2261608 <br />1'111S A,I d) OF I MIS I'( "Security Instrument,') is made on March 14th 2003 <br />The tri stor is Fernando P. Alvidrez and Kimberly J Alvidrez as husband and wife <br />( "Ilnrrnwer ").'I he trustee is <br />('Truster: "). The beneficiary, is United Nebraska Bank <br />which is organized and existing under the laws of the State of Nebraska and whose address is 700 North Webb Road <br />Grand Island, NE 69803 ( "Lender "). Borrower owes <br />Lender the principal sum of Fifty Six 'Thousand Two Hundred and 00 /100 <br />Dollars (U. S. S 56,200.00 )_ This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which <br />provides for monthly payments with the full debt, if not paid earlier, due mid payable on April 01, 2033 This Security <br />Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; <br />(h) the payment of all other sums, with interest, advanced under paragraph 6 to protect the security of this Security Instrument, and (e) the <br />perfonnmice of Borrower's covenants and agreements under this Security Ins[mnieet mid the Note. For this purpose, Burrower does hereby <br />mortgage, grant and convey to Trustee with power of sale, the following described property located in Hall County: <br />The Westerly One Hundred Forty Fight if 48) feet of the North Fifty Five (55) feet of Block Four (4), in Koehler <br />Subdivision in the City of Grand Island, Hall County, Nebraska. <br />which has the address of 507 S Vine Grand Island <br />Isa"tl [cry] <br />NE 68801 ( "Property Address "); <br />[ <br />Stan J IZ p Codd <br />T "OGE'fHER WITH all lire improvemetds now or hereafter erected on the Property, and all casements, rights, appurtenances, rents, <br />royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a pmt of the Property. All replacements <br />and additions shall also be covered by this Security Instrument All of the foregoing is referred to in this Security Instrument as the "Property ". <br />BORROWER COVENANTS that Burrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and <br />convey the Property and that the Property is unencumbered, except for encumbrances of record- Borrower warrants mod will defend generally <br />the title to the Property against all claims and demands, subject to any encumbrances of record. <br />TI [IS SECURITY INS "rRUMENT combines uniform covenm6s for national use and nonuniform covenants with limited variations by <br />,jurisdiction to constitute a uniform security instrument covering real property. <br />Borrower and Lender covenant and agree as follows: <br />UNIFORM COVENANTS. <br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of and interest on, the debt evidenced <br />by the Note and late charges duo under the Note. <br />2. Monthly payment of Taxes, Insurance, and Other Charges. Borrower shall include in ouch monthly payment, together with the <br />principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments levied or to be levied against the <br />Property, (h) leasehold payments or ground rents on the Property, and (c) premiums for insurance required tinder Paragraph 4. In any year in <br />which the Lender Last pay a mortgage insurance premium to the Secrctmy of Housing and Urbmh Developntenl( "Secretary "h or in any year in <br />which such premium would have been required it Lender,still held the Security Instrument, each monthly payment shall also include either. (i) a <br />sum for the annual mortgage insurance premium to be paid by Lcndcr to the Secretary, or (n) a monthly charge instead of mortgage insurance <br />premium if this Security Instrument is held by the Secretary, in a reasonable mount to be determined by the Secremry. Except for the monthly <br />charge by the Secretary, these items arc called "Escrow Items' and the sums paid to Lender are called Tscrnw I ands." <br />I IIII(Iv(a10 1) 1667369 Peg' Iat5 <br />cr Totoaati6 op <br />