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<br /> - . ' ` TfIIS DE6D OF TRiFST t�JGwa,�LL1RYlltla���$�� J�e l�1 1942 . . i Ni7����� .
<br /> . Jalws Pau�. /tnd�sion sad Dorasn An��r�on, Aeasbsnd aad Nif� � �
<br /> (•Bona�vor").Thesncstasi� llosw�t 3aAk.lfsbr��ka: ltational Aa�cciatioA ., ..
<br />- ("Tnistoc"1.7Ac bencfici�uy is Nor�r�st sank �'sbraska• Kational Msoclation •
<br /> which is organized and calsting unde�the faws nf United Stst�s of Aa�rica ,and whose
<br /> - addcess is 202 W�st Tbird StYeet. Grand Ielaad, Nebraska 68801
<br /> ("i.er+der').Bacrowa awes l.cader the principsl.sum af
<br /> FIFTY THOIISAFID AND NO/100 Itars t1J.S.S SOs000.00 �.
<br /> - Tf�is debt is evkknced by Horrowcr's note datod the same date as t6is Secutity instturnent("Nate"),which provides for
<br />- monthly paymeats,witb the full debt,if not paid eartier.d�e and paya6le on Deca�ber 7, 1992 •
<br /> This Security Instrument sxures to l.ender. (a)the repayment of the debt evIdenced by Ihc Note,with interest,and�I!rerxwals,
<br />=,� e�tensions and modifications of the Note; (b)the payment of all ather sums. with imenst, advanced under paragraph 7 to•
<br />- protect tlx seeurity af this Securiry inctmment: and (e) the perfom�ance af Borrawer's covenants and agrcements. For th'ss
<br /> putpose,Borrower irrevacably granu and wnveys to Trustee, in trust, with pawer of sate. the foitowing described per�o�'
<br /> tacated in Sall. ��x.
<br /> - Lots Niae (9) and Tea {10) ia Hlack �ive (5) in Baggs aad .�
<br /> - Hiii's Addition to Lhe Citq of Grand �sland, Hall Couaty,
<br /> - Nebraska
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<br />-� — whlch,has thc address of 1936 Weat llth Avenue, Grand Islaad lscrccr,c�ry},
<br />-�;` Ncbraska 68803 ("Pmpeny Address"):
<br /> �ZipCodc] •
<br /> •' TOGETHER WITH aTi tho improvements now or i�creufter erecced on tho prap�.�rly,and al)caaements.�ppuRenance.g,atx�
<br /> ,.`. fixtures now ar hereaftcr a paA of thc praper►y. All repiacements und additionw shall alsa be cavcred by this Security
<br /> Instrument.All of tho faregoing iy refercal to in thiw Sau�ity Instrument as the"Propetty."
<br /> BORROWER CUVENANTS that Borrnwcr i:+lawfully scised of thc cstate hercby ronvcycd and ha�thc right to grant and
<br /> - ' ennvey the Property arxi that the Property iy unencumbered,exrept for cncumbranres uf rex�rd: Barrawer wurttints rtN!will'
<br /> defend gener�lly the titic to the Pr��pe»y aguinst uil claims and demauds,subject t��any encumbrances oY record.
<br /> T�IIS SECUIttTY 1NSTftUM�N1'cambines uniPi�cm cuveiumtv f�►r national use and nun-unifarm rovenants with Nmiteci
<br /> variaNans by juriulic�i�n u�c�nstitute a unEform Sccurity instwnent cuvedng rc:�l prupeny.
<br /> UNIPORM COVENANT5.&�rruwer mxl.l.ender covenant unJ ugnnc.�ti f��ltaw�:
<br /> 1. Ps�ymeat uf Principal�nd tnterc5t; l'tepaymrnt nnd Laite Ch��es. I3��rrc�wcr sh•rlt prumplly p�y when duc•the
<br /> _ pdnci�al of and interest on the debt evidenc�x!by the Nnte and.�ny prcpayment and latc ch:ugcs due under the Ni�tc.
<br /> - Z.Futtdq for Touces and lnsutyuke. SuhJect to appt�cablo law or ta a writtrn waiver by Lender. &+rrnwer shall p�y to
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<br /> '._ Leadcr on 1hc day nwnthty p�ymCntti:�rc duc undcr thc Notc.unti)�he Nnte iti paid in full.a sum("�uncfs-")fi�r.(a)yr.�rly t�xr.r
<br /> � ' "-" and assessments which may uttaia priarhy�vcr this Su;urity]nstrumcnt:�5 a licn nn thc Pruperty:(b)yc�rly lcuschold paymcnts
<br /> - ���_�� or ground rents on fhe Property.ii':tny:(c)�wriy haT;trd�r pr�perty insur.u�ee prcmim��s:(d)ye:►riy Ilcxxl insurancc prcmiums,
<br /> '. ;,.;; if any:(c)ye.ariy mort�age insurance premwms.if uny:unJ(��y sumv paynblr Isy�rrower ta Lender, in arrordance�vith
<br /> the provisionso�paragraph 8.in licu af'thc paynKnt nf�nort�gc insurancc prcmiumy.'fhesc items�:ue rulled "Escrow itemc,"
<br /> " Lender may, xt xt�y time,c�ttect and hold Fund� in�n amount not tv'exceed the n�eimum:i.�n�am a tender far a federai�y
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<br /> �c;ated mortgaae toan may r�quire fnr&�rrower's cscrow account under ihe fed=�.Rra�1 Euata S�tdement P':��cc�tures Ac�c�t
<br /> . 1974 as amenited fmm time to time. }2 U.S.C. Sectiot� �601 et seq. ("R�SPA"y.�,:,^�ns aao::�:r iaw that z;�';4-.ta th�E,::��s
<br /> sets�lesser aawant. !f sv. Lender may.zt any time,coliect and holcl Funds iR ;i::sur.vucu �at th txcee3 tf:.i�sser�r�oy:.
<br /> _ - - -£.ernIer nr�y�it,i$Er-E3t�an�tnt o€F+ji��-�tc�thc ixcsis af cur,:.°rK s#�sis s.^.d!�°�.,::£^�..:..h_e.�ra�sx cr�et�+er�dit�ms c�f&a.}tte .
<br /> �'�`�� ESCrnw ltems or othenvise in accordance with applir.►bie l�w. .
<br /> �'`��<� NEBRASNA•5in te Family-Fanni�M�slF�eddls Mao UNIfOHM INSTNUMENT
<br /> g n form 3028 9190
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