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L <br />DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument") is made on <br />October 18 <br />19..... ................... <br />$ S. Thetrustoris.... Jr. 1S.. MuSx. leJt.. al?41..Ks�liIl..A. :...hNsilekt. Htasband „and Wife .... .. ............................... <br />............... <br />...... ......... ( "Borrower "), The trustee is <br />Tit 1e..Insrizarce..0 n <br />cx..1 fit.. Mta...... c1 .................................. ............................... ( "frusta "). The beneficiary is <br />under tie laws r e,.., Lune ............................. ..., which is organized turd existing <br />............................ ..... <br />under the laws of .......�?e...$�te, of Nebraska " " " " " ""' "' ° °•••••• <br />.......................... and whose address is ..... 2,Ul..I9Axkt1jfille 7..li a.. <br />...�t�41.. i$# s r...(` ..¢8802• <br />........................................... ............................... <br />N <br />Borrower owes Lender the principal sum of. FQI: ty. _sax... """" <br />ousartd Nine Hundred Fifty,anc3.tJo /10 hs ----� <br />----------------------------- <br />............................... .... .......... <br />Dollars (U.S. 5.....4.6,.9SQ.,.QQ..........). 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 ...... Nct ember..1... 2005 ............................. <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 ptuagraph 7 to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />lpurpose. Borrower irrevocably grants ann Tonveys to Trustee, intrust, with power of sale, the following described property <br />ocated in ............. ............................... 1 <br />.......................... <br />........................................ ............................... ... County, Nebraska: <br />Lot Thirteen (13), Western Heights Second Subdivision, Hall. County, Nebraska. <br />which has the address of ...421h,.Lar.it Court Grand Island o <br />Nebraska ........688 I.p .. Coe <br />03,. fcayl \ <br />..... e) ............. I ......... . ( "Property Address "); <br />( <br />'r(X;ETHER 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 />hereaftcr 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 />TH1s 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 />Irtdli O RM C0VF,NAN I S Borrower and Lender covenant and agree as i�tllows. <br />1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower .hall prornptiy pay when .rue <br />the princrp;rl ul'and interest on the debt evidenced by the Notc and any prepayment and lute charg— (file under the Now <br />2. Funds for Taxes and Insurance. Subject to applicable law or to a written waster by Lender, Hot f owcr shall I,ay <br />to Lender on the day monthly payments are due under the Note, until the Note is pasd in full, a bunt t "I umis ") ryu.ti '.o <br />:,ne•Iweifth if. (a) yearly taxes and assessments which may attain priority over this Secunsy 1- Ittintcnr. th) tear!, <br />le"eh+"lcl payrrtertis or ground rents on the Protxrty, if any; (c) yearly hazard insurance prermums and rd) %Carle <br />rn"ittgage irisiurall;;e picannarns, 11`311Y . f here items are called "-Caiw sterns." Lender may rsunuitr' the Fltnd +due ,m the <br />Die Ai l.9t 6 urrent (atr /r;al rrau>nablc cstnndtes of future escrow rtents. <br />I'he funds hail ire held to an tnsututum file deposits or accounts of which arc invttc(f or ;:u.u:uure i h ,t ti dcr.0 . r <br />sisrc -igcri r 4f <arr r,l Lrn(fer f Lencfcr is such an insUtutiorU I.endei .hall appl% ;he I',rnds <br />t er;ler ,aay i .:hug to, h Iehng and apt>iyur9 file I•unds. analyzing the ac:.runt ,r ., ut�ing Ihr ;,n,. in r,•. <br />t, n run <br />un <br />A <br />-4 <br />N <br />D <br />which has the address of ...421h,.Lar.it Court Grand Island o <br />Nebraska ........688 I.p .. Coe <br />03,. fcayl \ <br />..... e) ............. I ......... . ( "Property Address "); <br />( <br />'r(X;ETHER 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 />hereaftcr 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 />TH1s 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 />Irtdli O RM C0VF,NAN I S Borrower and Lender covenant and agree as i�tllows. <br />1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower .hall prornptiy pay when .rue <br />the princrp;rl ul'and interest on the debt evidenced by the Notc and any prepayment and lute charg— (file under the Now <br />2. Funds for Taxes and Insurance. Subject to applicable law or to a written waster by Lender, Hot f owcr shall I,ay <br />to Lender on the day monthly payments are due under the Note, until the Note is pasd in full, a bunt t "I umis ") ryu.ti '.o <br />:,ne•Iweifth if. (a) yearly taxes and assessments which may attain priority over this Secunsy 1- Ittintcnr. th) tear!, <br />le"eh+"lcl payrrtertis or ground rents on the Protxrty, if any; (c) yearly hazard insurance prermums and rd) %Carle <br />rn"ittgage irisiurall;;e picannarns, 11`311Y . f here items are called "-Caiw sterns." Lender may rsunuitr' the Fltnd +due ,m the <br />Die Ai l.9t 6 urrent (atr /r;al rrau>nablc cstnndtes of future escrow rtents. <br />I'he funds hail ire held to an tnsututum file deposits or accounts of which arc invttc(f or ;:u.u:uure i h ,t ti dcr.0 . r <br />sisrc -igcri r 4f <arr r,l Lrn(fer f Lencfcr is such an insUtutiorU I.endei .hall appl% ;he I',rnds <br />t er;ler ,aay i .:hug to, h Iehng and apt>iyur9 file I•unds. analyzing the ac:.runt ,r ., ut�ing Ihr ;,n,. in r,•. <br />