|
<br />OOl24S0026
<br />
<br />..
<br />
<br />'.
<br />
<br />200704287
<br />
<br />200505146
<br />
<br />grants and conveys to Trustee, in trust, with power of sale, the following described prQperty located in the County of
<br />HALL , State of Nebraska:
<br />UB:t~ ~~}\~
<br />
<br />THE EAST 60.3 FEET OF LOTS 2 AND 4, IN BLOCK 14, UNIVERSITY PLACE,
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />which has the address of
<br />GRAND ISLAND
<br />
<br />2723 FROSPECT STREE'I'
<br />(CityJ, Nebraska 68803
<br />
<br />lSlreeiJ.
<br />IZJP coo~J (herein "Property Address");
<br />
<br />TOGb."THER wit.h all the improvemenlsnow or hereafter elected on the property, and all easements, rights,
<br />appurtenances and rents (subject however to the right.1l and a.uthorities given herein to Lender to colloct and apply
<br />such rents), aU of which shall be deemed to be and remain a pan of the property covered by this Deed ofTn;st; and
<br />all of the foregoing, together with said property (or tl1e leasehold estate if thiB Deed of Trust is on a le.asehold) are
<br />hereinafter referred to as the "Propeny';
<br />TO SRCURE to Lender Ute repayment of Ule indebtedness evidenced by Borrower's note dated
<br />June 3 ,2005 and extensions and renewals thereof (hereio "Note"), in the principal sum of
<br />U "S. $ 16.800.00 , with interest thereon, providing for monthly Jnstallmen.t1 of principal and interest,
<br />with the balance of the indebtedne8.S, if not sooner paid. due and payable on July, 1, 20JS ~
<br />the paymellt of all other sums, with interest thereon, advanced ill accordance herewith to protect the seturlty of this
<br />Deed of Trost; and the performance of the rovemntsand agreements of Borrower herein contained.
<br />Borrower covenants that Borrower is la wfuUy seised of the es.tllte hereby conveyed and has the right to s:mnt and
<br />convey the Property, and that the Propeny is unencumbered, except for encurnbrance.1Ii of record. Borrower covenants
<br />chat Bonower warrants and will defend generally the title to the Propeny agaiost all daims and demands, :,'UQjel:;t to
<br />encumbn.nces of record.
<br />UNIFORM COVBN ANTS . BOrIower aDd Lender covenant and agree B.') follows;
<br />I.. Payment of Prim:ipal artd Int~f"~. Borrower shall pmmplIy pa)' when due the principal and interest
<br />indebtedness evidenced by the Note and late charges as provided UJ the Note.
<br />2. Funds focTaxes and Insurance. Subject to applicable law or a written. wa.iver by Lender. Bonower shall
<br />pay to Lender on the day monthly payments of principal and in:~eretit are payable under the Note, until the Note is
<br />paid in full, it Sum (herein "Funds.) equal to one~twelfth of tlte yearly taxes and assessments (including
<br />condominium and plauned unit development a.~ssments, if any) wbichma., attain plioriry over this Deed of Trost,
<br />and grou.ud rents on !.be Propelty, if any, plus one-twelfth of yearly premium inslallmems for hazard insurance, plus
<br />one-twelfth of yearly premium installments for mortgage insurance, if any, all as reasonably estiIwued initially and
<br />from time to time by Lender on the basis of assessments aod bills and reasonable estimlltes thereof Borrower shall
<br />not be obligated to mate such payments of Funds to Lender to the extent that Borrower makes such payments to the
<br />holder of a prior mortgage or deed of tnlSI if ~"uch holder is an Inslitutionallender.
<br />If l3orn:rnttr pays Funds to Lender. the Funds shall be held .in an institution tbe deposits or aCCOUD(S of which
<br />are insured or guaranteed by It federal or state agency (including Lender if Lender is such an institution). Lender shall
<br />apply t.l:1eFunds to pay said taxes, assessmenfS. ilt\lunmce premiums andgroundreulS. Lender may not charge for so
<br />holding and applying the Funds, analyzing said ;;lCl;OOnt or verifying aDd compiling said 3S:;-essments and bills, unless
<br />Lender pays gorrower lmerest on the Funds aud applicable law penults Lender to make :mch it charge. Borrower and
<br />Lender may agree in wridng at !he time of exe<:ution of this Deed of '[rust tbat interest on tlie Funds shall be paid to
<br />Borrower, and unless such agreement is ttillde or applicable lawtequires such interest robe paid. Lender shall not be
<br />required to pay Borrower any huer~[ or earnings 011 the Punds. Lenderslmll give to Borrower, without clwge, an
<br />
<br />G .76(NEI jj),:!04.
<br />'ill 'lll)'lt!lNlt1 (I)oj~} h':
<br />
<br />f>_ 1 01 'I
<br />
<br />~I,w.r-';W'
<br />l5K;J
<br />Loan No. 6483826-78"
<br />
<br />PQlm 3828
<br />
|