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<br /> r;....-s,��".'r'_�'�s'� DEED OF TRUST �� (c�
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<br /> THIS DEED OF TRIIST("$ecurity lnsttument')is madc on Q��obex 18, 1996 . T}�u���y
<br /> Kevia &eacseb3er aad Kelly L Kasaelder. Husbaad ana Wife
<br /> ("Borrower").The tcusta is Norveat Bank Nebraaica, Nationr�l Aaseciatian
<br /> ("Trustee").The ben�fici�y is Norvest Bank Hebraeka, National Aasociation
<br /> which is organized u►d existing under the laws of United Stataa of Aaerica .and whflse
<br /> + ess is 147 Dlarth Burl3ngton, 8astinga NE 68901
<br /> � ("Lender"). Borrower ow�cs l.caxlcr the principal swn of
<br /> Thirty Five Thousutd Eighty One Dollars � 50/100 — - — Dollsus(U:S.S 35,081.50 ).
<br /> This debt is evidc�ed by Borrower's note dated the same date as this Socuriry Instnrment("Note"),which providts for
<br /> monthly paymrnts,with the full debt,if not paid earlier,due and payable on April 1, 2005 .
<br /> This Security Iasi�wnent secures to Lender: (�)the repayment of the debt evidenccd by thc Note.with interest. and all renewals.
<br /> � extrncions and modificatia�.c of the Nots: 4b? the �yment of a0 other sums, with interest. advanced under paragraph 7 to ----
<br /> protect the security of this Security Instrument; and (c) the perfom�ance of Borrower's covenants and agreements. For this
<br /> purpose. Borrow�e irrtvocably grants and c�n�eys to Truscee, in tcust, with power of sale. the followinE described property
<br /> located in, B�11 County.Ncbr,�ska:
<br /> Lot 7, B1ock 2, DfcTwey Third Subdiv3sfaa, City of Grand �land, Hall County,
<br /> Di�braaks.
<br /> which has the addras of 2653 St Patsicic Avenue, Grand Islaad l�•��wb •
<br /> N��� 68801 ('Property Address");
<br /> [Zip Codel
<br /> � TOGETHER WI'i'H all the improvements now or hereafter erected on the property, and all eascments,appurtenances,and
<br /> fixtures now or hereafter a p�t of the property. All replacements and additions shall also be rnvered by this Security
<br /> inurument. All af the foregoing is refernd to in this Security Incin�ment as the"Property."
<br /> BORROWER COVENAN7'S that Borcower is I�wfully seised of the estate hereby conveyed arrd has the right to grant and
<br /> convey the Property and that the Property is unencumbered, except for encumbruices of record. Borrower warraius aad will
<br /> defend generally the tide to the Property�gainst all claims�nd demands,subject to any encum6rances of record.
<br /> THIS SECURITY INSTRUMENT combines unifcxm covulatsts for natiorsal ase asd non-uoi:orm covenants with timited
<br /> varir�iiuns by juri�ciiction to constituu a uniform sa,�urity inwnmrnt covering reai propetty. �
<br /> UMFORM COYENANTS.Borrowa and l.ender ooveaant and agne ac follows:
<br /> 1. Paymeat ot Prlocipv{ �nd Interest; PreWymeat and I.ate C6arges. Bottower shall P��Y PaY whea due tl�e
<br /> princi�l of arid interest on the debt evidenxd by the Note and any prcpayment and late chuges due under tht Nott.
<br /> Z. Fueds ior Tax�snd Insuraaet.Subject to applicable law or to a wriuen wtiver by Lender. Borrower st�all pay to
<br /> Lender on the d�y monthly payments are due under the Note,until the Note is paid in full,a sum('Funds")for:(a)yearly taaces
<br /> and a�sessmaits which rtuy attain priority over d�is Socurity icuiru►n�nt as a lien on the Property;(b)yearly leasehold payments
<br /> or ground rcnts on th�PropeRy, if any:(c)�reariy hazard or property insur.u�ce pnmiums-(d)yearly flood insurarke premiwns. �
<br /> if any;(e)yeatly mortgage inwru�ce prertuums, if any; �nd(�any s�sms payable by Borrower ro Lender. in acwrdance with -•-
<br /> the provisions of parzgraph 8,in lieu of the payment of mo»gage insvr�►ce premiums. These item�are caliod "Exrow Iten�s." •.�
<br /> ' Lender may, at�ny time,colloct and hold Funds in an anaunt not to excced the maximum amount a lender for a fodenlly �•'
<br /> reiated mortp,age loan rrny require for Borcower's cscrow xcount undcr the federa!Real EsGUe Se�dement Procedures Act oP .
<br /> 1974 as arntnded from time to time. 12 U.S.C. Stxtion 2601 et seq. ('RFSPA"), unless arrothcr law thai applies to the Funds
<br /> sets a lesser amount. If so. Lender may, at 3ny time, collect and hold fiunds in an amount nw to excccd thc Iesser amuunt.
<br /> Lender may estirnate the amount of Funds duc on the basis of current data and reasonzble atin�ates of ezperulitures of future ' -
<br /> Escrow Items w otl�erwise in zccorcl�nce with applicable law. _
<br /> NEBRAtILA•SinqM Family-Fatiw W�lF��ddh Mac UNIFORA�IMSTRUlMENT Fam 3028 9/40
<br /> :�IYI 12T97 MTG VMYMpITGAGE POq1AL•�313�2D9l100 �aoo�ss,��a� Py.i a� An�w�d�d 6f�1
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