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<br /> .ORWEST 6ANK NF.BR�,iHA /�`f��O'�aa�SOb
<br /> 1Ml�M�'B0x�4oa DEED OF TRUST r, �
<br /> aTMTN S RLEBwi{l.UllAS �v/ 5�
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<br /> THIS DEED OF TRUST("Secwity Instrument")is mad:on ApRIL 18, 1996 .'I'he trustor is
<br /> BONNIE C SCRANTON A.� ELVII3 L SCRANTON, WIFE AND HUSBAND
<br /> ('��w'��)•T����s NO&k'EST BANK NEBRASKA, NATIONAL ASSOCIATION
<br /> ('T�ustee').Thc beneficiary is NORWEST SAtio: NEBRASYA, NATIONAL ASSOCIATION
<br /> which is organized and existing un�ler nc�laws of �E UNITED STATES OF AMERICA •�W�
<br /> �s� 3404 WEST 13th STREET GRAND •ISLAA'D, NEBRASKA 68803 �
<br /> ("Lender").Borrower owes L�nckr the principal sum of
<br /> TEN THOUSANA ANI) HO/100*********�****************��*�* Dollan(U.S. S **10,000.00�* ).
<br /> This dcbt is evid�noed by Borrower's note datod the same date as this Socurity Iact:ument("Note"),which provides for
<br /> ��Y PaY��•����ll debt.if not paid earlier.dtu wd pay�bk on ApRIL 18 2001
<br /> This Security lnsirument secures w Lender:(a)the repaymecu of the debt evidenced by the l�ote.with interest.aod�11 cenew�ls,
<br /> e.�tmsions aMi modificatioas of tfie ivotc: lo)the paymeiu oi�ii o[iur swas, with incere.a. �3v�oo�d uraer p�-ig�apn 7 w - -
<br /> protecx che sauriry of this Sa:urity Iastnur�ent: �ad(c) tiu perfomrnnoe of Borrower's oovenants and agroemaus. For this
<br /> �wipose, Borrower irravocably grants aad convr�s to Trustx, iA tnut. with power of sale,the follawing descrihed property
<br /> locateZ in HALL County.tiebraska:
<br /> LOT 21, WESTERN HEI�HTS TIiIRD SUBDIVISION, CITY OF GRAND ISLAND.
<br /> HALL COUI3TY, NfiB&�SKA
<br /> Z1iIS DEEID OF TRUST SECURES AN OPEN END REVOLVING LINE CxEDIT.
<br /> SEE ATTAC�Ir^.D HOe1E EQi3ZTY LI.JE OF C'd�^DIT RIDE:. .
<br /> which has the address of 1720 $RIDbE LANE GRApND I.�S.LAN.fD�., [�4 C'�'1•
<br /> Nebracica 68803 (wa��M'�V AY41C$$��+
<br /> [�v C�1 .
<br /> TOGETHER WI1'H all the improvanents now or hereafter erxtod on thc pro�rty, and all easemenu,agpurt�nuxes.smd
<br /> fixtures now or herr,after a part of the propc;rty. All replacemenu and additions shall also be coverod by this Security
<br /> Instniment. All of the foregoing is referred to in this Security Instrument as the"Propa�ty."
<br /> HORROWER COVHNAN'TS that Borroa�er is lawfully seised of the estate hereby oonvryed uid hac the right to grant and
<br /> convey the Proputy and that the Proputy ia uuencumberod, except for eocumbrances of record. Borrowor warrants�nd will
<br /> deferd generally the title ta the Property against all claims and demar�ds,subjact to any encumbrances of reQOrd.
<br /> THIS SECURITY INSTRUMENT cembines uniform covenants for national use and non-uaiform covet�tus with lirnited
<br /> vy6::ia,-�by,ju�is3iciion to cor,s:itute a unifo��n security i�.su-�:,-.��t covei ing real properiy.
<br /> L.�ITF�RM COVENAhTS. Borrower and Lender covenasit and agree ac follows:
<br /> l. Paymeat oi Principal and In4e�st; Prepaymeat and Late Charges. Borrower shall promptly pay when due ihe
<br /> principal of and interest on the debt evidenced by the Note and any prepayment and late charges due u�the Noie.
<br />; 2. Funds toc Taxes and Insurance. Subject to�pplicnble law or to a written waiver by Lender, Borrower sha(I pay tu� y
<br /> Lender on the day monthly payments aze due under the Note,until the Note is paid in fult,a sum('Funds")for:(a�yeariy taxes�
<br /> and assessments which may attain priority aver this Security]nstrument as a lien on the Ptoperty;(b)yearly leasehold payments
<br /> or ground rents on the Property, if any;(c)yeatly hazard or prc�perty insurance premiums; (d)yearly flood insurar.oe premiums, -y
<br /> if any; (e)yearly mortgage insurance premiurru, if any; and(�any sums payable by Bonower to Lender, in accordance with
<br /> the provisions of par�graph 8, in lieu of the payment of mongage insura:sce premiums.These items are called "Escrow items."
<br /> i.ender may, at any time, collect and hold Funds in an amount r�ot to exceed the maximum amount a lender for a fedenlly
<br /> relat�xl mortgage loan may require for Borrower's exrow account under the federal Real Fstate Settlement Procedures Act of
<br /> 1974 as amendad from time to time, 12 U.S.C.Section 2601 et seq. ("RFSPA"), unless another law that applies to the Funds
<br /> sets a lesser amount. If so, Lender may, at any titne, collect and hold Funds in an amount not tu exceed the lesser unount.
<br /> Len�er rruy estimafe the amount of Funds due on the basis of current data and reasonable estimates of expenditures of future
<br />- Escrow Itetns or otf�envise in accordance with applicable law.
<br /> NEBRASKASirtple Family-FYx�Ma�lFnddi�MaC UNIFOFi�1111iSTRUMENT Form 3028 9lSO
<br /> �NI 12T�7 M1TG VMP AAOATGAGE FOi1M5•l3t31293-8100•10001521-7 2 9 7 Pap�1 d♦ ���1
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