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<br /> TI�IS tileED OF'fR�lST("�ecuaity l�strumcnt')iE m�de o» Janua�c}► 3(1, 199G . T6n tn�edar in _.__
<br /> CHARLEB F�. K�HN ANA 30YCE 5. KOi�I. Hurtbnnd �nd Wife
<br /> ("Borrower").Thc ttus.c�;.ixc 1;1�RWEST BANK NEBRA,S1�. NATXONAL ASS(�CJA'�ION ..
<br /> ("'Ptusta").T�4obeneficisuy ie �iORiJEST BANR NEBRASKA. PEf�TYONAL ASSOCYATImU ��
<br /> ,
<br /> whi�h is organizcd and existing undes tha laws of the United States �f America ,and whose
<br /> wuur�.iai� iv2 �3cni. 'T/i�.au .°,L:o:,t� �Y8SlL To1a��i; NPZirnRlca 6Ea801
<br /> ("Lender").Bormwer owe�Lender ri���rincipal sum of
<br /> FORTY TiTQ��J��.11�►,�TD AND NO/100_�-�_-°__...�-------- '^ .'-'-Dollars(U.S.Y+n�t�,000.00 ).
<br /> This dcbt is evidencod by Bnrrower's ero�s datal the same date as this Socurity Inst�um�'t�("'�Vote").which providea far
<br /> monthly paymenin.with Eue(��41 debt,if not paid carlier,due and payable un F�:P�y:�ary 2�, 1999 • _
<br /> This Security x�utnun�er.t;,ov�.;s to Lender: (a)the repaynxnt of the debt evidcncac�4�y tho Notc,��ith fntr,rest,and all�+enew�lR.
<br /> exten+ions�rnaalifcat�ans uf tho Note; (b) the payn�ent of�II other sums, with interest, n��nnccd ureder puagraph 7 to
<br /> pnN.ect the,�ca:�ity ef ihis Sxurity Instrumcnt; w�d (c) thc perfornianoe ot Borrower's covenanis nrd egcotmenta. For this
<br /> purpose, Boncoa�ar irnv�uanly grants and convcy�to T�ustce. in trust. with power of s.�le. the following descrflx,d property
<br /> lacAtai in Hakl Caivaty.Nebraska:
<br /> Lot 3• Bla�k 1, Brentwood Second Subdivieion� City o£ Grand Island, Ha�l County,
<br /> Nebrak,a.
<br /> �vhich has r?�i�c addnss of 3114 Hrentwoud Dr�"��n Grand Ieland Isua�,ciry),
<br /> Nebrasfcs ("1Property Address"):
<br /> 68801 . tzlp coae]
<br /> 1�L'f�NL��t WITH all the imprnvements now on c�rcattcr crccted on the p*operty,a�tid;iil Casements,appurtena�tces.and
<br /> tixtures now or hereaRcr n part of the pro�crty. �+31 rcplacemcnte and udci�.th:e:,s .shall �Isu be covcred by this Sa�rity
<br /> tnst►umtnt All uf the for_�goins is referrsx�to.n G�::..°��.°:.�t;!nsr��r�+r�.S�he'E��n-'m.�y."
<br /> HO�tRAWER COVi:NANTS that B�rnowcr is 1�wfiilly seiscd of the cst�t�!reuxify convcy���,emd hi�s thc right to gmnt and
<br /> convey tia�e ltroperty and ticat thc Pcnpaap is w3encvmberod.cxcopt for encz!,�,ti_^:ance.s of r�a:�d:. }3onnwer warrints m:��'sll
<br /> 8e.er�d�rms:i;�i'.Sy tl�e ntla to tl�a Property�e�a��,st a��sl�ims end demands,subject ta any encumbryrtces of record.
<br /> � ,']'N.tS�1�,CURITY INS'I'RUMENT cor:'�acr:.9 u�<wi5�rm covenAnts for nationul use and non-uniform wvenants with limited
<br /> v;uiations by 3urisdictlon to constitute a unifti�s��sc�s:rr.ic�instrumcnt covcring rcail property.
<br /> UNI�lDE2M COVENANTS.Borrower and Lcnder covenant nnd agree as follows:
<br /> I. �'i►y»s�tnt of Prinrl{wl a►�d lnterest; Prepnyment and Lutx Ciwrges. Borrower shall promptly pny when duc the
<br /> principal af cuxl intcrest on the debt evidenc.ad by tlio Notc and nny pnepuyment und latc churges dtce undcr tiie Notc.
<br /> _._�� _
<br /> �. Funds for Tox�s and Insorancc. ,Ub�CC[�O IIjlpIIG9bIC 1@W Qi t0 0 WiIILCn waivcr oy i.cntict, otiriv�ici o+�cu�rqj a'v
<br /> Le�cler on tho dey monthly paymcnts cve due undcr the Note.untii the Note is paid in Cull,a swn("Funds")for: (a)yeurly toxes
<br /> und ussessments which mny attnin prloriry over tnis Sccurity Instrmnent a�u liun nn tiie Property; (b)ya�dy Icaschotd payments -
<br /> or ground n:nts on th�Property.if m�y;(c)Yearly ha�ncd or pmperty insutanoe premiums;(d)yearly tlood insurauce p�rmiums,
<br /> if any; (c)ycarly mortgagc rosura�H:c prcimums, if uny; and(�any sums payablo by Bomowcr to Lencicr. in aocardancc with
<br /> U�e provisions of'parag�ypl�8, in lieu of the payment of mortga�e insucanee premiunts.Titese itents ure called"L�scrow Iterru." -
<br /> [.cnder n�ay. ut any timc, collect nnd t�old Fwxis �n an umount not tn exaxd thc maximurn nnwunt n lendcr for a f�derafiy
<br /> related nrortgagc loari may rcquirc for Borrower's escmw account uixl.cr the fedcral Rcal Estate Settlement Proa�uns Act of
<br /> 1974 os amcndcd from timc ro tint�. l2 U.S.C. Sectton 2601 er seq. ("RF..SPA"), unless anothcr law chut opplies ro the�unds
<br /> ° set�a icsser anwunt. If au. Le�xlcr uwy, ai ni�y [e�p�, colic�i and Imld ➢�uncfs i�ti an amount not tn excc�.' tte: lesser nnwunt. .
<br /> [.endcr nws� cstimxtc tlic tunount of 4�und5 due on titc b;,sis uf curccnt data und rrasonablc csti�natcs of expcnslituc�es of futum
<br /> �scrow Itc+ns or o�l�t;nvisc in uccordann�weth applicablc law.
<br /> NEIIRASKA•Sinplo FimflyF�wtb Ma�/Fr�dOfs OYlrc UMIFORM INSTRUMENT Form 3pZ8 g�gp
<br />.__ �HI 12T87 MLO YM.P MOOT(iAGE FOi:!dS�131317A3 8100•18001071•7291 V�q 1 af� . . �q�d 6/31
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