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<br />THIS DEED QF TRUST ({"Security Instrument") is made on ........... 1 . 2
<br />19 .... 8Ei.. The trustoris.... �ichard V. Dillman and Karen J. Dillman, husband and wife
<br />.................... . ..........I... .. ....... ....I..........................
<br />........ ........................................ .............................(" Borrower ").The trusteeis...4 orwest Rank Nebraska,
<br />. ..... ...............................
<br />ational Association ................I .....................( "Trustee ").The beneficiary is
<br />. Norwegt Bank Nehrasica, National Association .....I.. ,__,. ,...whichisorganizedandexisting
<br />........ .............................................. ...............................
<br />under th laws of. ... The „69.1.0 nited States of America and .. 19, 1 ,9 „Do}lgl�,$..SCX.�t:X.........
<br />Omaha, Nebraska ....................... I.......................... {'•Lender ").
<br />................................................................................................................................... ......................t....(..t�..y�
<br />Borrower owes Lender the principal sum of ....:K?irty -three thousand_, one, hundred., ants. n0 /,OY1shS.---r.- --
<br />""'— " "— " °'------- ""dollars (U.S. 5.332100, ;00 .). This debt is evidenced by Borrower's note
<br />.................................. ............................... ...........
<br />dated the same date as this Security Instrument ........... ( 'Note"), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on .......June 1, 200.6
<br />....................................... ............................... ..............
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrivocably grants and conveys to Trustee, in trusi, with power of sale, the following described property
<br />r located in ............. Ha.. 1 ... ........... ............................... .. County, Nebraska:
<br />.............................................. ...............................
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<br />Lot Seven (7), in. Block Fifteen (15), in Scarff's Addition to West Lawn, in the City
<br />of Grand Island, Hall Countv, Nebraska.
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<br />This is a Purchase Money Mortgage.
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<br />1824 North Lafavette Grand Island `"�
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<br />which has the address of ............
<br />........ ..............tC'ry] ........................... ��
<br />Nebraska .......68801 ... ............................... ( "Property Address "); �c
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<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will 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
<br />limited variations by junsdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTs Borrower and Lender covenant and agree as follows.
<br />1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due
<br />the principal ofand interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender. Borrower shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds ") equal to
<br />one- twelfth of: (a) yearly taxes and assessments which may attain priority over this Security Instrument, tb) yearly
<br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums: and +d) tear]}
<br />mortgage insurance premiums, d any. Th<st itr.ms are called "escrow items." L.,ender may estimate the Funds due on the
<br />basis of current data and reasonable estimates of future escrow items.
<br />The FLi;ds shall be held in an insttivlton the deposits or accounts of which are imured or guaranteed by a federal or r,
<br />state agency (including Lender if Lender is such an institution) Lender shall apply the Funds to ;,as the escrow ,tcm.
<br />Lender may not charge for holding and applying the f=unds, analyrtng the uccomtl or tcrtfymg the e, row
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