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DEED OF TRUST
<br />THIS DEED OFTRUST ("Security Instrument" ) is made on ............... October„ 9
<br />19 ..A,5. .... The trustoris...Ronald M.,_Ernery „an3. Darene M ;. Emeryx usband and Wife
<br />....... ( "Borrower "). The trustee isNorwes t„ Banc„ Nebrasj�a,,,,,Kgt i.4.ild 1...
<br />Assoc. taxJ= ......................................................................................... ............................... ( "Trustee "). The beneficiary is
<br />Nor), resit.. Sank ... Neb�dskd.,..11dx i aAdl..Asst7�.idi iA[ 1 .................. ............................... which is organized and existing
<br />under the laws of...T.he... United.. States ..mf...Amer:ica. ............. and whose address is P. p.. Sox.. 3.408.....Qtnaha,..NE..6E':03
<br />.............................................................................................................................................. ............................... ( "Lender ").
<br />Borrower owes Lender the principal sum of .....Twaratynone.. Thousand.. Fain.. Humired.. and..no %104R ..........____
<br />.................................. ..•••••...................,.... Dollars (U.S. 5 ... 2-1.SA. — 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, if not
<br />paid earlier, due and payable on ....... N.RYeff9 r..i,,,,, ?005
<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 irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in ................. ...........................Hall ...... County, Nebraska:
<br />........................................................... ...............................
<br />Lot Five (5), Block Ten (10), Gilbert's Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />n
<br />which has the address of ........ .........
<br />1021,,,West 11th G N
<br />(sir"t I (city 1
<br />Nebraska ........... 68B. QI . ............................... ( "Property Address ");
<br />(Zip crid.l
<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 apart 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 jurisdiction 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 shalt promptly pay when due
<br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges duc under the Vote
<br />1. Funds for Taxes and Insurance, Subject to applicable law or to a written waiver by Lender, Oormtker shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid tit full, a sum ("Funds") equal it)
<br />one - twelfth of. (a) yearly taxes and assessments which may attain priority over this Security Itntrunient. (b) yearly
<br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance prermurns. and (d) yearly
<br />L mortgage insurance premiums, if any. These items are called "escrow ncnrs." Lendcr may estimate the Funds due on the
<br />basis of current data and reasonable estimates of future escrow items.
<br />The Funds shall beheld in an institution the deposits or accounts of which are insured or guaranteed by a federal ,u
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the escrow ucnts f�
<br />Lender may not charge for holding and applying the Funds, analyzing the accuum or ,crifying the cscrow oems. +;mess
<br />FORM 085.07
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<br />which has the address of ........ .........
<br />1021,,,West 11th G N
<br />(sir"t I (city 1
<br />Nebraska ........... 68B. QI . ............................... ( "Property Address ");
<br />(Zip crid.l
<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 apart 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 jurisdiction 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 shalt promptly pay when due
<br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charges duc under the Vote
<br />1. Funds for Taxes and Insurance, Subject to applicable law or to a written waiver by Lender, Oormtker shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid tit full, a sum ("Funds") equal it)
<br />one - twelfth of. (a) yearly taxes and assessments which may attain priority over this Security Itntrunient. (b) yearly
<br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance prermurns. and (d) yearly
<br />L mortgage insurance premiums, if any. These items are called "escrow ncnrs." Lendcr may estimate the Funds due on the
<br />basis of current data and reasonable estimates of future escrow items.
<br />The Funds shall beheld in an institution the deposits or accounts of which are insured or guaranteed by a federal ,u
<br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the escrow ucnts f�
<br />Lender may not charge for holding and applying the Funds, analyzing the accuum or ,crifying the cscrow oems. +;mess
<br />FORM 085.07
<br />NI FA 5 /R'
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