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DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument ") ism de n ........0 ctpbe r...1�.,... .. <br />19..... a.. The trustoris .... G4ry,,,D:,,,Lyeders „and _Doreen . �ueders urban aria Wife........... <br />........... At......... <br />.•••••••••••••••••••••••.•.• ................... ..............................( "Borrower ).Thetrusteeis....Norwest Bank „Nebreska,,,Nat orial <br />(� Asso:ci.at11 0.n .................................................................................... ............................... ( "Trustee "). The beneficiary is <br />Norkast ... ank ... Rebraska.,.11atianal.. Associ ation ............. ............................... whic is organ' edandexisting <br />underthelawsof....T.he „l Qp,)ed,_,$ta(igsof America ,,....,._ andwhosaaddressisost „fficE,Wox..3408,,,,,: <br />Rmaha...Nebraska 6a1A3 ............................. ("Lender" <br />Borrower owes Lender the principal sum of ...... Thl.l:ty Nine ThQusand...and ... .Dl.100 ....... ......... .....- <br />""""”" Dollars (U.S. WAN.-.99 ...............), This debt is evidenced by Borrower's note <br />.......................... ......... <br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not <br />paid earlier, due and payable on .......... IAA. Y.P ite. r.. L... z406 .................................................................. ............................... <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all <br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpose, Borrower irrevocably_grants and conveys to Trustee, in trust, with power of sale., the following described property <br />locatedin ......................... Hd ................................................................................... ............................... County, Nebraska: <br />Lot Fifty Two (52), Castle Estates Subdivision, Hall County, Nebraska. <br />which has the address of .................4056 ... Buckingha....................m .................. ............................... ........... Grand .......... .... ..... ......Island ......................... <br />Isireell (Cay i <br />Nebraska ............. 66$ Q .............................. ("Property Address"); <br />.. <br />[Zip code! <br />TOGETFIER 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 311 fixtures now or <br />hereafter a pan of the property. All replacements and additions shall also be covered by this Secunty 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 nonuniform 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. Burrower shall promptly pay ashen due <br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charge% duc under the NntC <br />1. Funds for Taxes and Insurance. Subject to applicable law or to a written Kaiser by Lender. Botiols<tr shali;+a% <br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a stun (" Funds" 7 equal To <br />one-twelfth of (a) yearly taxes and assessments which may attain priority over this Secunty lnstrtm cm, th) .early <br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premium%: and id7 yearly <br />mortgage insurance premiums, if any, These items are called "escrow items ” L.endcr may estimate the Funds due 'n the <br />basis o(current data and reasrinable estimates of future escrow items. <br />The Funds shall be held in an institution the deposits or accounts of which are trlsured or guaranteed by a federal of <br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the e,Ch »s items r, <br />Lender may not charge for holding and applyimlg the FUnrls, analy),.ing the JCCUt1111 M verifying the (!%Ch1U flemrls, artless <br />rn <br />a <br />fm ■ <br />SS <br />N <br />�• <br />I <br />which has the address of .................4056 ... Buckingha....................m .................. ............................... ........... Grand .......... .... ..... ......Island ......................... <br />Isireell (Cay i <br />Nebraska ............. 66$ Q .............................. ("Property Address"); <br />.. <br />[Zip code! <br />TOGETFIER 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 311 fixtures now or <br />hereafter a pan of the property. All replacements and additions shall also be covered by this Secunty 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 nonuniform 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. Burrower shall promptly pay ashen due <br />the principal of and interest on the debt evidenced by the Note and any prepayment and late charge% duc under the NntC <br />1. Funds for Taxes and Insurance. Subject to applicable law or to a written Kaiser by Lender. Botiols<tr shali;+a% <br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a stun (" Funds" 7 equal To <br />one-twelfth of (a) yearly taxes and assessments which may attain priority over this Secunty lnstrtm cm, th) .early <br />leasehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premium%: and id7 yearly <br />mortgage insurance premiums, if any, These items are called "escrow items ” L.endcr may estimate the Funds due 'n the <br />basis o(current data and reasrinable estimates of future escrow items. <br />The Funds shall be held in an institution the deposits or accounts of which are trlsured or guaranteed by a federal of <br />state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay the e,Ch »s items r, <br />Lender may not charge for holding and applyimlg the FUnrls, analy),.ing the JCCUt1111 M verifying the (!%Ch1U flemrls, artless <br />