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v a y M M 1 r M N a T n n Z _ m � N I C � N R fV � c a `• n 3 a a• p � ISWe AEUee Iris U— for luamom Daal N FHA CUe NO. 9b6edN DEM OFTRUST 321- 2196086 �1 THIS DEED OF TRUST ( "Security Instrument ") is made on May 10th 2002 The tmstor is Shawn A Linden d Sonya K Linden as husband and wife ("Borrower'). The trustee is Commercial Fed 1 Bank, a Federal Savings Bank ( "Trustee "). The beneficiary is United N braske Bank which is organized and existing under the laws of the United States of America and whose address is 700 North Webb Road Grand Island NE 68803 ( "Lender "). Borrower owes Lender the principal sum of Sixty One Thousand and 001100 Dollars (U S,$ 61.000.00 1. This debt is evidenced by Borrowers note dated the same date as this Security Instrument ( "Note "), which to ovides for monthly payments with the full debt, if not paid earlier, due and payable an June 01, 2032 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications, (b) the payment of all other sums, with Interest, advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements node, this Seemly Instrument and die Note. For this purpose, Borrower dnes hereby mortgage, grant and convey to Trustee with power of sale, the following described property located in Hall County: West half of Lots Nine (9) and Ten (10), Block Eight (8) in Packer and Barr's Addition to the City of Grand Island, Hall County, Nebraska. which has the address of 1824 W 5th Grand Island Isaeen Idyl NE 68803 ( "Property Address'); 111 s, I [Do Cul=] TOGETHER WITH all the improvements now or hereafter erected on the Property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stuck and all fixtures now or hereafter a part of the Property All replacements and additions shall also he covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property ". BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend gcncrally the title to the Properly against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Borrower and Lender covenant and agree as follows: UNIFORM COVENANTS. L paD .af PrlvdpoL Int o =d Lab Charge Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and late charges due under the Note. 2 Monthly pay of Tanta I —, and Other Clmrga Borrower shall include in each monthly payment, together with the principal and Interest as set forth in the Note mid any late charges, a sum for (a) taxes and special assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) pwroums for insurance required under Paragraph 4- In any year in which the Lender must pay a mortgage insamnce premium to the Secretary of Housing and Orb. Development ('Secretary "). or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly payment shal l also include either: (i) a sum for the annual mortgage insurance prelnlmn to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insurance Initiation if this Security Instrument is held by the Seal'ctary, in a morwaable amount to be detemdned by the Secretary . Except for the monthly Charge by the Secretary, these hems we called "Escrow Items" and the sums paid to Lender aru called "Escrow Funds." 1101 Cv(apt) rc,59< li,s 1a6 GOTO(W21136)