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<br />1'WV CUSe NU �
<br />State of Nebraska DEED OF TRUST 321.2225906 rc--
<br />THIS DEED OF TRUST ('SeCouty Instrument ") is made oa September 30th 2002
<br />The uustor is William K Glandt and Ashley S Ambrose ea 1 single person
<br />( "Borrower'). The trustee is United Nebraska Bank
<br />( "Trustee "). 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 68803 ( "Lander"). Borrower owes
<br />Lender the principal sum of Forty Five Thousand Fifty and 00 /100
<br />Dollars N,S. $ 45 050.00 ). This debt is evidenced by Borrower's note dated the same dam as this Security Instrument ( "Note'), which
<br />provides for monody payments with the full debt, if not paid annual, due and payable on October 01 2032 . 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 />(b) the payment of all other Sums, with interest, advanced under paragraph 6 to protect the security of this Security Instrument and (c) the
<br />performance of Borrowers covenants and agreements under this Security Instrument and the Note. For ihts purpose, Borrower does hereby
<br />mortgage grant and convey to Trusec with power of sale, the following described property located in Hall County:
<br />All of Lot Five (5) and The Southerly Twenty (S 20) Feet of Lot Six (6), in Fairacres Dairy Subdivision, being located on
<br />the Southwest Quarter (S W 1/4) of Section Twelve (12), in Township Eleven (11) North, Range Nine (9) West of the 6th
<br />P.M., Hall County, Nebraska also a tract of land Tbirty -Three (33) Feet by Eleven and Eight One Hundredths (11.8)
<br />Feet described as follows: Commencing at the Southeast (SE) corner or said Lot Five (5), as described above, running
<br />thence East for a distance of Thirty -Three (33) feet, running thence North for a distance of Eleven and Fight One
<br />hundredths (11.8) feet, running thence West for a distance of Thirty -Three Feet (33) Feet, and running thence South
<br />for a distance of Eleven and Eight One Hundredths (11.8) feet
<br />to the place of beginning, Hall County, Nebraska.
<br />which has the address of 211 N Shady Bend Rd Grand Island
<br />ISo-eed ICayl
<br />NF, 68801 ( "Property Address ");
<br />I sic¢ I I'/�e C'lel
<br />TOGETHER WITH all the improvements now or hereafter erected on the Property, and all easements, rights, appurtenances, rents,
<br />loyalties, mineral, oil and gas rights and profits, water lights and stock and all fixtures now or hereafter a pect 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 Borrower 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 effaced. Borrower warrants and will defend generally
<br />the title to the Property almost all claims and demands, subject to any encumbrances of record
<br />ITIIS SECURITY INSTRUMENT combines uniform covenants fm national use and non - uniform covenants with limited variations by
<br />ju mdallim to constitute a uniform security Instrument covering real property.
<br />Burrower and Lender covenant and agree as follows:
<br />UNIFORM COVENANT'S.
<br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest on, file debt evidenced
<br />by the Nom and late charges due under the Note.
<br />2. Monthly payment of Taxes, Insurance, and Other Charges. Burrower shall include in each monthly payment, together with the
<br />principal and interest as act fu ll in the Note and any late charges, a sum fur (a) taxes and special assessments levied or to be levied against the
<br />Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under Paragraph 4. In any year in
<br />which the fender must pay a mortgage insurance premium to the Secretary Of Housing and Urban Development ( "Seco lary "), of in any year in
<br />which such prermam would have been required if Lender still held the Security Instrument, each monthly payment shall also include either h) a
<br />sum for the would mortgage insurance premium to be paid by Lender to the Secretary, Or (it) a monthly charge instead of a mortgage insurance
<br />premium if this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly
<br />charge by the Secretary, these items we called "Escrow Items" and the sums paid to Lender are called "Escrow Funds."
<br />1101 CV (0/e0 611848 Pap I of 5
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<br />2002.10190
<br />(Space Aew., n..• iLrc for Recording oaul
<br />1'WV CUSe NU �
<br />State of Nebraska DEED OF TRUST 321.2225906 rc--
<br />THIS DEED OF TRUST ('SeCouty Instrument ") is made oa September 30th 2002
<br />The uustor is William K Glandt and Ashley S Ambrose ea 1 single person
<br />( "Borrower'). The trustee is United Nebraska Bank
<br />( "Trustee "). 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 68803 ( "Lander"). Borrower owes
<br />Lender the principal sum of Forty Five Thousand Fifty and 00 /100
<br />Dollars N,S. $ 45 050.00 ). This debt is evidenced by Borrower's note dated the same dam as this Security Instrument ( "Note'), which
<br />provides for monody payments with the full debt, if not paid annual, due and payable on October 01 2032 . 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 />(b) the payment of all other Sums, with interest, advanced under paragraph 6 to protect the security of this Security Instrument and (c) the
<br />performance of Borrowers covenants and agreements under this Security Instrument and the Note. For ihts purpose, Borrower does hereby
<br />mortgage grant and convey to Trusec with power of sale, the following described property located in Hall County:
<br />All of Lot Five (5) and The Southerly Twenty (S 20) Feet of Lot Six (6), in Fairacres Dairy Subdivision, being located on
<br />the Southwest Quarter (S W 1/4) of Section Twelve (12), in Township Eleven (11) North, Range Nine (9) West of the 6th
<br />P.M., Hall County, Nebraska also a tract of land Tbirty -Three (33) Feet by Eleven and Eight One Hundredths (11.8)
<br />Feet described as follows: Commencing at the Southeast (SE) corner or said Lot Five (5), as described above, running
<br />thence East for a distance of Thirty -Three (33) feet, running thence North for a distance of Eleven and Fight One
<br />hundredths (11.8) feet, running thence West for a distance of Thirty -Three Feet (33) Feet, and running thence South
<br />for a distance of Eleven and Eight One Hundredths (11.8) feet
<br />to the place of beginning, Hall County, Nebraska.
<br />which has the address of 211 N Shady Bend Rd Grand Island
<br />ISo-eed ICayl
<br />NF, 68801 ( "Property Address ");
<br />I sic¢ I I'/�e C'lel
<br />TOGETHER WITH all the improvements now or hereafter erected on the Property, and all easements, rights, appurtenances, rents,
<br />loyalties, mineral, oil and gas rights and profits, water lights and stock and all fixtures now or hereafter a pect 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 Borrower 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 effaced. Borrower warrants and will defend generally
<br />the title to the Property almost all claims and demands, subject to any encumbrances of record
<br />ITIIS SECURITY INSTRUMENT combines uniform covenants fm national use and non - uniform covenants with limited variations by
<br />ju mdallim to constitute a uniform security Instrument covering real property.
<br />Burrower and Lender covenant and agree as follows:
<br />UNIFORM COVENANT'S.
<br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest on, file debt evidenced
<br />by the Nom and late charges due under the Note.
<br />2. Monthly payment of Taxes, Insurance, and Other Charges. Burrower shall include in each monthly payment, together with the
<br />principal and interest as act fu ll in the Note and any late charges, a sum fur (a) taxes and special assessments levied or to be levied against the
<br />Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under Paragraph 4. In any year in
<br />which the fender must pay a mortgage insurance premium to the Secretary Of Housing and Urban Development ( "Seco lary "), of in any year in
<br />which such prermam would have been required if Lender still held the Security Instrument, each monthly payment shall also include either h) a
<br />sum for the would mortgage insurance premium to be paid by Lender to the Secretary, Or (it) a monthly charge instead of a mortgage insurance
<br />premium if this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly
<br />charge by the Secretary, these items we called "Escrow Items" and the sums paid to Lender are called "Escrow Funds."
<br />1101 CV (0/e0 611848 Pap I of 5
<br />GOTIO002f o)
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