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F_ 7 DEED OF TRUST Of 001538 THIS DEED OF TRUST ( "Security Instrugqtte�t ") is mad on ...... March 29 , 19....#$.., The trustor is .. John L. Roasmann and Suzanne .`. Roosmaiin; iiii §6ariit and' wide "...... .. r .r").....trus ................................................ ............................... ( "Horrower").Thetrusteeis Norwest Bank Grand Island 1 !IA.t:�QtlA.l,..�l.9R.P,Rz�siC. BRA ......... ............................... ..................... ................�... ... . ....... ...... . Norxv.-n......, k ............... .............x................. ('"Trustee" . The benefi 8 Ba Grand Island National Association under the laws of ..The United States oi` America " " "" "''102 Westrrtreet and whose address is G.rAud ..11I14A;d- JkEtr§§k- A..$0.. ..... ............................... p . .p .....of ........... .:............................. of ...... Borrower owes Lender the nnp sum of ....Fifty Seven Thousand; anc....a TQO %%fi's ::::::::::::::::::::..: ("Lender"). Dollars(U.S.S .5.L. Q90.9 ••••••••••••)• This debt is evidenced by Borrower's note dated the same teas this Security Instrument ( Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on l.n.. 2015 ................................................................................ ............................... This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this locate i Borrower irrevocably grants and conveys t $rp, tee, in trust, with power of sale, the following described property ............................................................. ............................... County, Nebraska: Lot Ten (10) in Block One (1) Capital Heights Fourth Subdivision, being a tract of land comprising a part of the Southwest Quarter (SW14) of Section Two (2), Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska. which has the address of .... 4?0 Michigan Avenue Grand Island ..... ............................... 68801 [stral Ic,ryl Nebraska ...................... ........................ ( "Property Address "); Rip Coos) TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS Borrower and Lender covenant and agree as follows: I, Paymeat of Principal and Interest; Prepayment and bate Charges. Borrower shall promptly en pay wh due the principal ofand interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. 2. Fvmk for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ( "Funds ") equal to oft-twelfth of: (a) yearly taxes and assessments which may attain priority over this Security Instrument; (b) yearly leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premiums; and (d) yearly mortgage insurance premiums, if any. 'These items are called "escrow items." Lender may estimate the Funds due on the basis of current data and reasonable estimates of future escrow items. The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the escrow items. Lender may not charge for holding and applying the Funds, analyzing the account or verifying the escrow items• unless rUPA iii R4 Series 19tt4A