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<br /> TfIIS DEED OF TRUST(°Security Insuument°)is made an SEPTEMBER 23, 1996 .Ttie mis:or is .:;,,.:_:
<br /> I,ARRY Le SCffi.ICHEHI`lAIEA AND GAIL L. SCHLICBII�lAIER, HUSBAND AND WlIrS -- ,�
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<br /> ' (°Borrower").'Rie trnstt�is NORL•TEST BANR NEBRASKA, NATIOisi/!L ASSOCIATION ",� . .
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<br /> -_• (°Trasi�e"). '11�e benef�ciaiy is L�OBWEST HANK NEBRASRA. NATION�IL ASSOCZd'L'EON ',: �.�:;.
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<br /> ` wtrict►is ar�2nized and es�siing under ths laws of IIIJITSD STA1'ES 0� A2�RICA ,asld wl�ose ".,
<br /> �ar, addmss is. 202 WE3T THIRD STREET, GItAND ISi,AIdD, NEBRASKA 68801 �-
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<br /> .f . . ("I.enQer").Borrower owes Lender the principa�srt,�of ���
<br /> •` � TSIRTY 'i'HOIISAND AND NO/0 Dollars N.S.� 30s00s.P,� )• _--_
<br /> � T6is debt is evi� by Borrower's note dated the same date as this Sscutiry Instruraeut("Note"D.w1�a��provides for �=„u _
<br /> — �ont3tly pa;�mem�,with the full debt,iF not paid earlier,due and payable an SSPTEP4BER 23, 2001 ' � • �:�;
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<br /> - This Security Instrument secan�s to Latder.(a)the cepayment of the debt evidenoed by the Nate,with interest,and al�reae�vais. �:-�:. .
<br /> �- eatensions and modificatians of the Note: (b) the paymeni of all other sums, with interest,advanced under paragraph 7 to �`;�
<br />;,`��'•'., otect the sea�rity of this Security Instrum�n� and(c) the perfam�ance of Boaower's covenanu and agteements. For this �•� '�•
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<br /> • pvrpose.Borrower irrev�l Lgrants and conveys to Trustee. in dust. with pawer of sale.the following Qescribed prupertY
<br /> tncated in Coanty.Nebraska:
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<br /> • TSE S6�T'+"3 fiBIlt� (30) FEET OF LOT NINETY-L�O�JIG �94) A13D THS NORTH TWENTq �20) FEET OF LOT ' . �'
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<br /> NII3LTY-1'�iEE (���,`, HAW'i'HORNE PLACII,, CITY OE Glfld.'+iD ISLAND, HALI. COUi3TY, 2�,.R' 1tASRA. � . ��=:='
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<br /> THIS DEED OF TRUST SECIIRES AY�] OPII3 ID.7D REVOLVYNG LIIn; UIF �REDIT. SEE ��HBD HOME EQIRTY �,—:-_
<br /> w�t��}►�r�o�EA• 936 sdUTH OAK, G�AND ISLAND [Sn�.Cuyl.
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<br /> .' . Nebras�r: 68fl01 ( Prope�ty/��idress ). ��.-_`
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<br /> � • TaG�.''FHER tV�'Fi3 all the im rovements now or hereafter erected on the property.and a11 easements.appurtenaaoes.and • • '�;..:-_:'
<br /> p AIl replacements and addldons shall also be covered 6y this Security �' ;""��'<:t•'=
<br /> fiaturea q�tAa or hereafter a part of the property �,,,�,��-
<br /> � Iastrum4pt.:Ati of the foie oin is referred to in this Securiry I�ut�tment as the"Property." "�"�"''��
<br /> � BU�l�fll�i►ER C�VENANfS that Borrower is lawfi�lly scixecL af the estate hereby conveyccf and has ti�e right to gtant and ��=:_�"
<br /> . convey tke �roperty artd�hat the Property is une�tLwnbered.exa:p't for encumbrances of recon3.Borrower wsuratits and will ��'.{- �=
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<br /> ` ' defend get�erally the Ude to the Property agamst afl cl�iims and demands.subject to any encumbiances of rc�ord.
<br /> 'n{I$ $ECfJRPfY IN5TRUPu1ENT combina+.tu�ifarm covenanu fot national nse and non-uniform c;nvenants with limited ;��':�,
<br /> variatiniu•t�y jurisdiction to wnstitute a uniform security instn,rnent covering n,�l property. ; ti�::
<br /> � UNt]3�'1ttM COVENANTS. $otrower and lxnder covenunt nnd��r+ee as follows: ���;�
<br /> j T. 1?iuy-men4 of Prinapal and Interest; Prepayment utW:(�u�� Charges• Borrower shall prampdy pay when due the �.:-::,`:
<br /> � principas�s�`i�cd irnae�t on the debt evidenced by the Note and as►y�sce�ayment and late chazges due under the Note. ' A
<br /> 2,F'tnndv[or Taxes and Insurance. Subject to applicable taw or to a written waiver by Lender. 8arrower shall pay to ��� `��
<br /> �� lender on the day monttily{�ayments are due under 1he Nate,until the t�iot�is paid in fuil.a suQe('Funds")for:(a)yearly taxes s�,_;
<br /> � and assessments�rrhich may attain priority over this 5ecurity Instrument as a lien on the I'raperty:@)yeariY l��sehold paymenis ����:�
<br /> • • or ground cents an the Property.if any:(c)�early hazard or psagerty insurance premiumv:(d1 Yearly fload insurance premmms. -
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<br /> if eny:(ey yearty mortgage►nsurance premiums. ig any:and(fl any sums payable by Surra�v�r to Lendsr,in accordance with• �i��*�t,:,
<br />.. � the prwisions of pars�rap�8.in lieu of the paymer�t of mortgage insurance premiums.7'hese items iuo�11ed "Escrow Items." :•.r_.a_r;
<br /> Lender may.at any time. wilect and hotd Fuuds in nn amount not to excced the muimum amount u lender for a federally �___�
<br /> � related mortgage loan may require for Borrower's escrow account under the federal Real Estste Settlement Procedures Act of =
<br /> ' 1974 as amended from time to time. 12 1.I.S.C. Secuon 2601 et seq. ("RESPA"),unless another law that applies to the Funds �
<br /> � sets a lesser amount. If so. Lender may. at any time. collect and hold Funds in an amount not to eaceed the lesser amount.
<br /> data and reatonnble estimates of e nditures of future ��-'`._-
<br /> tender mav estimate the amount of Funds dae on the basis of current � �--�-__
<br /> • Escrov+Iueins or othecwise in accordance with applicable law. ,;;'.,-.:;�
<br /> f.EBAASKA-S�ngte FamOy-Far.r.to ldaolkoddle Mac UN(G�C�IU INSTRU!'AENT For.n 3�28 9l90 •
<br /> �N���9��TQ VMP MOATG�GE fOfiMS �313�]93 B�OO-iB00�52t 1191 Vngo 1 of a at:IORQOd 5�9� ' '
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