|
���- - ----_ -. _ . _ '.__�._. -=---
<br /> --�:m.���.: __ _ !_ �.-,_ _�__�-- -a�-�-�---.. �_____ - ------G� - - — -
<br /> � n
<br /> . m .
<br /> ' � [l 1 � fml � ,� o i�� �i �
<br /> x � ?: x �'` 1 'rl c . �- 'res
<br /> � � M '� � � _� i�i � �,
<br /> . _,
<br /> � .' ` •' • ' � �
<br /> '� �
<br /> �.r. , �.�-, - , . _=
<br /> , � �
<br /> u�N . ,��, � �, _
<br /> �'J��OP� '1 t � . -� - - ° � _
<br /> ,. � �.:� o �
<br /> H �' �
<br /> ' ''`• N '� W �---�r
<br /> `� ..r:; O � -
<br />. t ` C, -
<br />_ Q) ` ..0 v
<br />' (.tipacr Alwti�7'AW l.7aa Fut�Recurc4olt�al
<br />- //�9"9.�59.�- 6�? -
<br />= ����� � � ��� --��w��{ DEED OF TItUST
<br /> �;,. ,�m,�9a
<br /> • � _ ' .., .� ,� � 1C`i
<br /> All�..�.��._�t1.::.1!i',13 •,• \
<br /> �
<br /> THIS DSBD OF TRUST("�txurity Insirumeni")is made on 1p�,�LY 12. 1996 .'['h�truswr is
<br /> TIHOTHY W STADB AND VTRGINIA L STADB, HUSBAND AND W�FB
<br />- ("Borrower").Thc trustee is H08�TEST BANK lNF.BxASKA. N.�,TIONAI. ASSaCLATIQ.Ld -
<br /> (�'rnutce�a•Tt►�beneftciarY�s NORWHST BANK NEBBASKI►, NATIOII�AI. ASS4CIATION
<br /> which is organized and existing under the laws of � �ITHD STATES OF AI�RTCA •� �'bO�
<br /> ���s 202 WEST THIBD STFiEBT, GRAND ISLAND, ICEB�tASRA 68801
<br /> ("Ixnder").Bormwu owes I.axter tl�e principal sum af
<br /> FIFT$E►v THOUSAND DOLbARS AND I30 C5h'TS ��*��*�***** p�;llaTS(U.S. $ *15.000.00�* ).
<br /> 'Iliis debt is evidc�►ood by Borrower's note dated the same datc as this Sec::�,:•Instruasent('Nou").whicd proviiies far
<br />. . monthlY PaYroc�ts•with thc full debt, if not paid earlier,due and �}�ab:�, on ��►.'��4RY �Il, 2Q01 �
<br />" This Socurict IcsWm�nt secures to I.ender:(a)tha repayment of thc c9ebt evidencec3 b�the Note,w•ith mterest,and all renewals,
<br /> eattensions and mrr�difications of the Note: (b) the pnyment of all othtr sums, v►ith interat. advatsced under p�t�graph 7 to
<br /> pc�teet the sacurity of this Secutity Instrument; and (c1� the perfom�usce of BormW�r's covenants and agnoemaus. Ror this
<br /> p±u+s}+nse, Borrower imvc�bly grants and oonveys w T�ustee,in wst,with power of s�Ie, tRe f'ollowing QCSCriOCd pi�opetry
<br /> lo�tad in �, County, Nebracica:
<br /> LOT 23, CAPITAL SSIG.�"�s SSVHNI'Fi SUBDIVISION, CITY OF GRAND ISLANn,
<br /> HAL2. COUNTY, NBBAASI�
<br /> TBIS DBS� 0F TRUST SECURES AIC OPSN SND REVOLG3�l+G .LINB OF CREDIT
<br /> SES AZTAC$ED HO� SQUITY b,.�3�TB OF CRBt�IT RIDE&
<br /> which hac the sr9:��ss of 4263 N$VADA AVB GbRLG113D YSY.ANI) ��•�'h'1•
<br /> r'�d1f8Ska 6�'E+(13 (�PropertY A�_3i�es,c').
<br /> t�C�1
<br /> TOGETHER WIT}i�ll the improvetuents now or hereafter erected on the praperty, and all easements,apparten�tices,aod
<br /> fixtures now or hereafter a part of the properry. All teplacements and additions stiall also be cavered by this Secu�
<br /> Luuument. All of the foregoing is referred to in this Security instnunent ac the"Property."
<br /> BORROVVER COVENANTS that Borrower is lawfully seised of the esiate hereby conveyed�nd has the right to grant at�d
<br />" comvey the Property and that the Property is unencumberal, except for encumbrac�s of rccord. Borrower warranis aod will
<br /> � �fefend gener�lly tix title to the Property agtinst all claims and de�ls,subject to�ay encumhrances af recorti.
<br /> 77iIS SECUW7Y INSTItUMENT combines uniEaern covenants for nationa3 use and non-uniform covenaats with limited
<br /> ' v�riatioas by jurisdiction to mnuitute a uniform security inurument oovering re�l psrperty.
<br />;; UMFORM CQVENAN'i'S. Borrov:er and Lender covonant and a.-cee ac foltou•s:
<br /> !. Pr;�m�! o!Priad;sl Ead =�*._.�.*; Yre�,�;-��t sad 9��C�s.*^��. �ercower shzl! promp�lY R�y when du$�
<br /> • principal of and interat on tts�e debt evidenoed by tt�e IJote and any prepayment c�L�e charges due under the ti'�xe.
<br /> . 2. Funds fas Taxes�Icuuraace. Sabject to�ppEicable law or to a writteee waiver by Lender, Borro�er sh�l( pay to
<br /> I.ender on the day monthly payments are due under the'.\ote,until the Note is pairy on full,a sum("Funds")for: (a)yearly taxes
<br /> and atisessments which may atttin priority over this Security Inuntmeoc ac a lien osi the Property;(b)yearly le3cehold paymenu
<br /> or groiu�d rents on the Property,if any:(c)yearly hazard or property i�:ranae�remiums: (d)yearly flood insur.ance pmmiums.
<br /> if any; (e)yearly mortgage insurance premiums. if any: and (�an} �ams pa}a6i'e by Bc�nower to Lender, in:.ecordanee with
<br /> the ptovisions of parzgraph 8,in lieu of the paymeat of mortgage insurancz pr�z:teims.These items are called 'Escrow items.'
<br /> Lender m.y, at �ny tirr�,collect and hold Funds in an amount not to exceed the maximum amount a tender for a federally
<br /> re(ated mortgage loan may require for Borrower's escrow account under the federal Real Estate Settlement Praoadures Act of
<br /> 1974 u z.mcnd.�from tirne to time, 12 U.S.C. Section 2601 et seq. ("RESPA"), unless another law that applies to the Funds
<br /> sets a lesser amount. IF so, Lcnder may, zi any time, collect and hold Funds in an amount not to exceed the lesser ar�aunt.
<br /> L,ender may estimate the airwunt of Funds due on the basis of current data and reasonable estimates of expenditures of future
<br /> Escrow Iterns or otherwise in accordance with ayplicable law.
<br />: NEBRASJ(A-Sirqle FamilY-Fstu��Is�IFnddi��A�c UAI1FOFi�A INSTRUAAENT Fprrn 3p28 0l90
<br />„ �NI 72T9?�ITG v►.w ManTwc.�coaus-�a�s�s�a-a�oo �aoo�si����a� a.y.i a� . . p�d�d 6l91 _
<br /> 3
<br />
|