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i SPace Above The Llne for Recording Dare,
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<br />State of Nebraska DEED OF TRUST 322 1 - 2218181 703 \n
<br />THIS DEED OF TRUST ("Security instrument") is made on September 5th , 2002 \�
<br />The musters TIMOTHY C. CARROLL , AS A SINGLE PERSON
<br />( "Borrower").
<br />The trustee is COLUMBUS FEDERAL SAVINGS BANK 1371 26TH AVE COLUMBUS NE 68601
<br />("Trustee").
<br />The benefk:ary is Community Mortgage Company
<br />which is organized and existing under the laws of the State Of Nebraska and whose address is
<br />P.O. Box 6577 Lincoln, NE 68506 -0577 ( "Lender').
<br />Borrower owes Lender the principal sum Of
<br />Dollars (U.S. $ 56.500.00 1. This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, R not paid
<br />earlier, due and payable on October 1. 2032 . This Security Instrument secures to Lender: (a) the repayment
<br />of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of
<br />all other sums, with interest, advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower
<br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br />HALL County; Nebraska:
<br />THE EAST THIRTY SEVEN FEET AND ELEVEN INCHES (E37'11 ") OF THE SOUTH HALF (S7 /2) OF
<br />THE WESTERLY SEVENTY FOUR AND ONE FOURTH (W74 1 /4')FEET OF LOT NINE (9), COUNTY
<br />SUBDIVISION OF THE SOUTH HALF OF THE SOUTHEAST QUARTER (S1/2 SE1 /4) OF SECTION
<br />SIXTEEN (116), TOWNSHIP ELEVEN (11), RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY,
<br />NEBRASKA.
<br />which has the address of 508 WEST LOUISE STREET GRAND ISLAND
<br />Isv"en lorrl.
<br />NE 68801 ( "Property Address ");
<br />Isruel tnP Cody
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br />fixtures now or hereafter a pad of the property. All replacements and additions shell be covered by this Security Instrument. All
<br />of the foregoing is retained to in this Security Instrument as the "Property".
<br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and
<br />convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will
<br />defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non- uniform covenants with limited
<br />variations by 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
<br />on, the debt evidenced by the Note and late charges due under the Note.
<br />2. Monthly Payment of Taxes, Insurance, and Other Charges. Borrower shall include in each monthly
<br />payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special
<br />assessments levied or to be levied against the Property. (b) leasehold payments or ground rents on the Property, and (c)
<br />premiums for insurance required under Paragraph a. In any year in which the Lender must pay a mortgage insurance premium to
<br />the Secretary of Housing and Urban Development ( "Secretary"), or in any year in which such premium would have been required
<br />if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual mortgage
<br />insurance premium to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insurance premium if
<br />this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the
<br />monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow
<br />Funds."
<br />FSBr ntNG (➢FBn) Page 1 of 5
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<br />i SPace Above The Llne for Recording Dare,
<br />F -2 8
<br />State of Nebraska DEED OF TRUST 322 1 - 2218181 703 \n
<br />THIS DEED OF TRUST ("Security instrument") is made on September 5th , 2002 \�
<br />The musters TIMOTHY C. CARROLL , AS A SINGLE PERSON
<br />( "Borrower").
<br />The trustee is COLUMBUS FEDERAL SAVINGS BANK 1371 26TH AVE COLUMBUS NE 68601
<br />("Trustee").
<br />The benefk:ary is Community Mortgage Company
<br />which is organized and existing under the laws of the State Of Nebraska and whose address is
<br />P.O. Box 6577 Lincoln, NE 68506 -0577 ( "Lender').
<br />Borrower owes Lender the principal sum Of
<br />Dollars (U.S. $ 56.500.00 1. This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, R not paid
<br />earlier, due and payable on October 1. 2032 . This Security Instrument secures to Lender: (a) the repayment
<br />of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of
<br />all other sums, with interest, advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower
<br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in
<br />HALL County; Nebraska:
<br />THE EAST THIRTY SEVEN FEET AND ELEVEN INCHES (E37'11 ") OF THE SOUTH HALF (S7 /2) OF
<br />THE WESTERLY SEVENTY FOUR AND ONE FOURTH (W74 1 /4')FEET OF LOT NINE (9), COUNTY
<br />SUBDIVISION OF THE SOUTH HALF OF THE SOUTHEAST QUARTER (S1/2 SE1 /4) OF SECTION
<br />SIXTEEN (116), TOWNSHIP ELEVEN (11), RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY,
<br />NEBRASKA.
<br />which has the address of 508 WEST LOUISE STREET GRAND ISLAND
<br />Isv"en lorrl.
<br />NE 68801 ( "Property Address ");
<br />Isruel tnP Cody
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br />fixtures now or hereafter a pad of the property. All replacements and additions shell be covered by this Security Instrument. All
<br />of the foregoing is retained to in this Security Instrument as the "Property".
<br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and
<br />convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will
<br />defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non- uniform covenants with limited
<br />variations by 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
<br />on, the debt evidenced by the Note and late charges due under the Note.
<br />2. Monthly Payment of Taxes, Insurance, and Other Charges. Borrower shall include in each monthly
<br />payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special
<br />assessments levied or to be levied against the Property. (b) leasehold payments or ground rents on the Property, and (c)
<br />premiums for insurance required under Paragraph a. In any year in which the Lender must pay a mortgage insurance premium to
<br />the Secretary of Housing and Urban Development ( "Secretary"), or in any year in which such premium would have been required
<br />if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual mortgage
<br />insurance premium to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insurance premium if
<br />this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the
<br />monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow
<br />Funds."
<br />FSBr ntNG (➢FBn) Page 1 of 5
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