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THIS DEED OF TRUST ( "Security Instrument") is made on October 4th -2002 ,)-J5 <br />The truster is ELEANOR F. BENNETT , AS A SINGLE PERSON G <br />( "Borrower "). <br />The trustee is COLUMBUS FEDERAL SAVINGS BANK 1371 26TH AVE COLUMBUS NE 68601 <br />("Trustee "). <br />The beneficiary 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 Forty Eight Thousand Nine Hundred Fifty and 00 1100 <br />Dollars (U.S. s 48.950.00 ). 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, a 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 Securely 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 />LOT SEVEN (7), LINCOLN VIEW ESTATES SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY,NEBRASKA <br />which has the address of 1122 EAST 9TH STREET GRAND ISLAND <br />Isrme,l Ia0'I <br />NE 68801 ("Property, Address "); <br />[star,] Rlp coael <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and <br />fixtures now or hereafter a part of the property. All replacements and additions shall be covered by this Security Instrument. All <br />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 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 tide 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 Nate. <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 4. In any year in which the Lender must pay a mortgage insurance premium to <br />the Secretary of Housing and Urban Development ('Secretary"), or n 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 />Fun <br />F5919.LMG (2190) page 1 or 5 <br />p <br />n <br />m <br />n <br />r- <br />m <br />m to <br />ry <br />n <br />f1 2 <br />a <br />'m <br />Ii{ <br />�, <br />c <br />M <br />m <br />° <br />n <br />y <br />o <br />�j <br />epaca Abora TM1Ie Line <br />ror Racortling 0a,a <br />m <br />FHA Cade No. <br />State of Nebraska <br />DEED OF <br />TRUST <br />321- 2224686 748 <br />THIS DEED OF TRUST ( "Security Instrument") is made on October 4th -2002 ,)-J5 <br />The truster is ELEANOR F. BENNETT , AS A SINGLE PERSON G <br />( "Borrower "). <br />The trustee is COLUMBUS FEDERAL SAVINGS BANK 1371 26TH AVE COLUMBUS NE 68601 <br />("Trustee "). <br />The beneficiary 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 Forty Eight Thousand Nine Hundred Fifty and 00 1100 <br />Dollars (U.S. s 48.950.00 ). 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, a 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 Securely 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 />LOT SEVEN (7), LINCOLN VIEW ESTATES SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY,NEBRASKA <br />which has the address of 1122 EAST 9TH STREET GRAND ISLAND <br />Isrme,l Ia0'I <br />NE 68801 ("Property, Address "); <br />[star,] Rlp coael <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and <br />fixtures now or hereafter a part of the property. All replacements and additions shall be covered by this Security Instrument. All <br />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 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 tide 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 Nate. <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 4. In any year in which the Lender must pay a mortgage insurance premium to <br />the Secretary of Housing and Urban Development ('Secretary"), or n 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 />Fun <br />F5919.LMG (2190) page 1 or 5 <br />