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<br /> !�'CTN:SHIRLEY l�t�il!IRM� _ ��--
<br /> THIS DEED OF TRUS"T("Securiry Instrumcnt")is madc on TEBRUAltY 23, 1996 .Thc tnistoe is �_
<br /> ALL�N J SCHOI;NSTEIN ANI) TINA L SCHOENSTE.T.DI, HUSI3AND ANU ��TIFE
<br /> ("Bonawer").'The trustec is PIORWEST BANK NEBRA5KA, NATIONAL ASSOCIATYC�N
<br /> ("'�rr�stee"). Thc beneficiary ia NORWEST BANK NEBRASKA. NAIIONAL ASSOC7ATIOI�
<br /> u�h:ch is or&'�i���existi�ng undcr thc laws of �jE UNITED STATES OF AMERJCA ,and wliose
<br /> address is 3�a04 C�ST 13th STREET GItAND ISLAND, NE GBt���der").Bomnwer ov►•es'i.ender the principal sum c*f
<br /> 170llats(U.$. $**3�� Q��R � �ik ).
<br /> T�1T�23i'l'�IOU�SA�IA�T�EI�T�Y FIV� AND 78 10p --- ---^
<br /> 'lfiis •ebt is ev da y o•rrower s note da�ed the�same dAte as thls Security Instrument( Not'e ),�w'hi provides for
<br /> monthly payments, wich the full debt.if not paid earlier,due and payabl� on �'EBRUAFtY 20, 2d01
<br /> This Security Insuument secures to L,ender:(a)the repayment of the debt evidenced by the Note. with interest,and all renewals,
<br /> extensions and modifications of the IVote; (b) the payment of all othez sums. with interest, advanced under paragranh 7 to
<br /> protect the sxurity of this Security Instrumlent;'snd (c) che perform�nce of Boaower's covenants and agreements. For this
<br /> purpose, 13orrower imevocabfy grants and conveys to Trustee, in trust, with power of sale, the following�un,�Neb Ica'
<br /> located in HALI. �
<br /> i3OT ]., SLOCK 76. WHEFsLER AND B�NN�TT'S 74IIRD ADDITION. CITY OF GRAND ISLAND,
<br /> tlt�LL WUt�lll� AvGbFifSt�n �
<br />' which has t�e�tldress of 223 EAST 15th S�Tt.EEx GRAND ISLANA [Scrccc,c�ty),
<br /> Nebrnska $$Bpl ("propertY Address");
<br />— [7_ip code)
<br /> TOCiE L'H�Ft WITH sll tiie improvemenu novr or hereafter erectect on�he property,and all easements.appurtenances,and
<br /> fixtures naw or fi�crcafter a part of die praperty. All replacernents and ndditions shall also be covcred by this Sec��r�ty
<br /> Instrume�►t.A�f of the forcgoing is refcrrcd to in this Security Instruir�cnt as ti�e"Property."
<br /> BORl2�'hYER COVBNAIVTS that Borrower is lawfuliy seised of 4he estate heceby comoyed and has the right to gti'ant and
<br /> -- ec�ervey the Property and tlt��t the Property is unencumU�rerl, except for encumbranees of rocord. Borrower wnrrants und will
<br /> dcfend gencr�lly dxe t�tle to 2he Property ngninst aU cl�ims and demands,subject to uny encumbrances of rccord.
<br /> THIS S�CIJRITY INSTRUMIINT combines uniform covenants for nationnl use and non-wuform covenants with limited
<br />�-- vadations by,�urisdicti�on ro constitute c�u�riform security instrument covering real propeny.
<br />-- UNlFOKM COV�3NANTS.Borrower und Lendcr covenant and agrec ns follows: ,
<br />- 1. Payment ot Princlpiil and IOterest; Prepayment and Lr.te Charges. Borrower sh�ll promptiy pay when due the
<br />— :__...�.....,:.....,m.,,n :E,�aptsr��id�nc�d bv chc Note�u�d anv Urepayment and latc churges due under thc Note.
<br />� N:���.��..,.�.............._- -------- - --- -
<br /> x. F'andv for Tsxes and Insurancc. Subject to applicablc law or to u�vritten�vaivcr by ienaer, esorrower snaii puy �o
<br /> L-endcr on the day monthly payments are duc undcr the Notc,until tlic Notc is paid in full,a sum("�unds")for:(ci)ycurly taxcs
<br /> and assessments which may uttain prtority ovcr this Security instrument as u licn on tlic Property;(b)ycarly leusehold payn�nts
<br /> ur gronnd rents on the Property.if c+ny:(c)�+early hazard or property insurance premiums;(d)yearly flood insurance premiums,
<br />'�''� if any; (c)yearly mortgnge msurancc��rem►ums, if c�ny; and(� any sums payable by BoiYO�ver to Lendcr,in accordance with
<br />'-� tl�e provisions ot'paw.►gcaph S, in lieii uf tho payntent of mongage insuranee premiums.These items ure cuilai "Gse►t�w Items."
<br />�.� Lender may, at any tinx, collect and hold Funds in an amuant not ro exceeci the maxim�+m amount a lender for n federally
<br />�: related mortgage loan may require for IIorrower's escrow nccount under the federul Real Bstute Senlement Procedures Act of
<br />`_� 1974 as nmended from timc ro time. 12 U.S.C. Section 2601 et seq. ("RESPA"), unlcss anothcr la�v thnt applies to thc Funds
<br /> sets n Icsscr mriount. If so, Isnder may, at any time. collect and hold Funds in an amount not to excced thc lesscr nmount.
<br /> Lcndcr may estimate thc:unount of Funds duc on the basis of curcent data and reasonablc estimatcs of expendirores of fuwrc
<br />= Escrow Items or otl►crwise in nccord;uicc with upplicablc law.
<br /> = NEBRASlfA•Singlo FomflyF�nnl�M��/Fnddi�Mea UkIFOHM IN3TRUMENT Form 3028 8/90
<br /> �Ni 12T97 MTO V�iP MOPTOAGE FOIiMS�131312'J3•0100 �8001G3�•7281 P,qe 1 ot 4 Amsndad Gl91
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