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<br /> �� �k ` �, ' � ➢���D OF TRUST � _
<br /> OMA:IH.A1E 68103 �� —_
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<br /> '�'IIS DEID AF.TRUS'F("�ecs�.y L��t")is made on rlarch 2S, 1996 .The trustor is _
<br /> Rabert �. Merrick aad Nellie R. I�Serrick, Husbaad and W3£e �;
<br /> •. t'Bormwer").T6e uustee is Norwest Baak Nebraslca. Natianal Assoc�ation '
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<br /> ('Tmstee").The bencficiary is Nosweat Haak Nebraska, pational Aseocaition �
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<br /> ' which is or�nized anA existing undet the lawa of United Statea od America .arb whuss
<br /> • aQdressis 2d2 Weat Third Streat Grand islan8. Ne �6��01 p`W�
<br /> ("Lender")•Earrower owes Lender the prIncipal•sum of �
<br /> ' �£
<br /> � �£ Tea Thousan� Dollass and 00/100 Dollars(U.S. S 10,000.00 ). __
<br /> ' Tlus debt is evideiued by Borrowxr's aote dated the sanie date as this Security Iaserument("Nate").wtuch provides for
<br /> ', •� monUily payments,with the full debt,if not paid earlier.due and payabie oa ��� �� 20A} • - -:-
<br /> ...;,E: This Se�vrity Insuument sec�ues to Lender:(a)thc repayment of the debi evidenced 6y therioie,anth inteaes�aad all renewals, . . �
<br /> ..� extEnsions and modifications of the Nate: (b)the gaynu�ut of ail other snms. with inteiest. advnuced under t�'�raPh 7 to �-.
<br /> protect the security of this Security bsstrument; and(c)the performance of Borro�cca's covenants and agrce�s:Eor this
<br /> :�;.� �rpose,Horrawer irrevocably gr�mts and cam�eys to T:us's.r�,in tnist,with power cf saIE,tav folluwin�dra�::.`��.�ioperty �--
<br /> ' • '�i tocated in Hall . Counry;'Nebtaslca: .
<br /> 3enkinse�� 3ubdivisP�n, Lot Four '(4) Hlcck�nne (1); Cftg a� Gtand t�sT�and, Hsll ' ' °--
<br /> �'inunty Ple�irasl:a • —
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<br /> � This d��.:af trust secuxes an open eacf sevolv4.ng line oE cre83t. � . .
<br /> �ee atnched home Equity line of credit rider. . �
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<br /> . �:. kliciz has the address of 2gi5 Jan Street Grand IsYsnd Hebraska� 68803 ". «'��'ry�• o '
<br /> Ne^zska ("ProP�rtY Address`): !
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<br /> � �i.' TOCiETHER�VITH ali the iatpmvetnents now or hemafter erected on ihe property.and all easements,appurte�apces.aad --v
<br /> . � fixttnes now or hereafter a part of the property. AU repiacements and additions shall also be cavered by t6is Setur't�j
<br /> �% Instrumeat.All of t�e foregoing is referred W in tlus 5ecuriry dnstrument as the"Property."
<br /> , BORROWER COVENMiTS that$onower is tawfuJls seised of the estate here6y conveyed and has the right to grant twd
<br /> coavey the Propesty end tdat the Property is unencumbex�z�. except for encumbranoes of reoord. Borrower wairantfl and will
<br /> � defend getreraUy ttie dtte to the Praperty agatnst sdl claims and demanGs.su6}ect to an}r encumb:anoes of[ecord.
<br /> �:a ' 'PHIS S.ECURFTY INS7'RUMEMT combines unifor�oovenants for natiotial use and non-unifotm covenants with limited �' -
<br /> variations by jurisdictIon to.constitute a unifarm security insuumeat eovering real property.
<br /> � UNIFORA+}COVENANTS.Borrower and Lender wvenant and ngree as follows: �
<br /> � • i. Paymeat ot Prtnct�l and Interest; Pttp�yment and Iate Charges. Borrower shall premptly pay when due the __
<br /> . : principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under Ne Note. __-
<br /> , 2.Fond9 for Taxes ond In�urance.Subject to applicab[e law or to a written wa�ver by Lender.Borrowcr shall pay to
<br /> , Lender on the duy monthly payments are due under the Note.undl the Note is paid ia fnll.a sum("Funds")for:(a)yearly taxes
<br />� and asscssmcnm which may aitain priority ovcr ihis Secudty Instiument es a lien on the Property;(b)yearly leasehold paymen� �v
<br /> , or�round rents on the Property.if any;(c)yearly harard or property insurance premiums:(d)yearly flood insurance premiums, �_
<br /> if any; (e)yearly mortgaga insurance premiums, if any;and(�any snms payable by Sorrower to Lender, in nacardt�nce w:vL °°-
<br /> thC�c�visions of paragraph 8.in liev of thc payment of mortga$e insuiance premiums.These items are calted"Es r�.�r��.. �-
<br /> � �s�r may. at any time, wllect and hold Funds in an 2monnt not to ezceed tfle mnY�+�+���++ amount a Iender far a�.�x�if.cr _-
<br /> rsF�.'�mortgage lo�may require for Borrou•er's escrow account under the federal Reat Estate Seidement Proc�c;�Rcc a� ' -
<br /> � 1974 aG amentled from time to time, 12 U.5.C. Secuon 2601 et seq. ("EtESPA"),untess another law that applies to[L`�Fi:acds —"
<br /> sets a lesser amonnt.If so, Lender may. at any time.collect and hold Fands in an�.mount not to exceed the lesss°r amonnt. ��-_
<br /> es _
<br /> , [.cra�er may estimate the amouse�of Funds due on the basis of current data and reasosnable estimatas of expendituras of fumre -°
<br /> E�sr�.�;+Items or otherwise in�o�rdanc�with applicable law. • .�__
<br /> IYE?F7AS%ASingia Famiiy-Fannte Mae/FreQQte Mac UNIFORM INSTRUMENT Form 3028 9190 v
<br /> �NI 12TJ7 Q7TC�i WP MORTGAGE FOtiMS•13131293-0700-8001521�7297 Pngo 7�i a Amoncled 6lfl1 �--�
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