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<br /> -,� r�►m�r e�K n�ru�� �'S'iy aay i�o� -���
<br /> `�:� .�.; ; �or�axsaoe D�ED OF TRUST C�.�
<br /> 4��'• ��� OMIIHA NE 68103
<br />'���,��4;,.,�., : AiTN:J�NNIfERpARTUN�K �(� I� ��r.�
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<br />-�,�;� TNIS DHED OF ?RCiST('Sci:urily IusQrument"}is made on Decet�bey 2, 1996 .The trustor is :
<br /> �
<br /> ===L�� Robert T. �di113ams und Jill I•Jil.liaras, Husband and Wife
<br />==J'� ("Barrowcr").Thc trustce is Norwest Sank Nebsaska� National Aesociation
<br /> - ("1 rustee'). The beneficiury is Norwesti Bank Nebraska, Natianal A�saeiation
<br /> which is organized and existing under thc laws of the Ilnited States of Atnerica .and whose
<br /> :uiwt�s ia
<br /> ��l? 47, T1�Irr1 Ct_; �r�+n�l Talanci= NFi 6AA01
<br /> - ("Lend:r"),Borrower owes Lender the principal sum of
<br /> - Fort nine th�ueanrl three hundred fift &ix an.d 77 1� »�n�U'S'� �g.3 6.p7 �'
<br /> This debt is evidenced by Bonuwer's note datad the samc date as this �ur�ty Insi�ument("Note"�. whtch Rrovides for
<br /> nwndily payments,widi the full debt,if not paid carlier,due and payable on December 15,,2001 '
<br /> - This Security Instrumens serures w Lender. (u)the repayment of the debt evidenced by the Note,wrth interest,and all renewals, ,
<br /> ..-�u_.�,_. extensions and modifiations of the Notc; (b) the payment of all other sums, with interest, :►dvanced nnder paragraph 7 to
<br /> - protect the security of this Security Instrument; nnd (c) the performance of Borrower's covenants and agrcements. For tliis
<br /> purpose.Bonower irrevocably grsints a��d conveys to Trust�,*., in trast. with power of sale, the followins described property
<br /> located in ga�l Counry. Nebraska: -
<br /> — L:at 167 and 168� Wes� E,a`rn, City of �r�nd IsiaY�d, Hail Gountq, Nebraek�.
<br /> � which hasthe nddress of 15Z1 Grand Is3dnd Avenue, Grand Island ls�rcc�,c�ry�,
<br /> Nebraslca 68803 ("Property Address"):
<br /> _ �Zip Codc]
<br /> _--- '- T�GETHER WITH all the improvements now or hereafter.erected on the pmperty, and all easements. epgurtmnances,and
<br /> s fixtures r.ow or hereaftcr n part of the pro�erty. All replacements and additions sE�all also be covered by this Secusity
<br /> =� Instrument. All of the foregoing is refetted¢o in this Security Instmment as the"Property."
<br /> -- - BOAROWBR COVENANTS that Bonowcr is Inwfully seisod of the estete hereby conveyod and l�as the right to grant and
<br /> .::a�� � convcy the Property and that thc Property is unencumbered, except for encumbrances of record. Borrower wArrants and will
<br /> ----�^�`='--���-°�,��,;� defen3,r�,a�:rally the title to the Property Against all claims an�demands, subject to any encumb►tuices of record.
<br /> -"i""=�""�= T�l[S SECURITY INS1i RUMBNT combines uniform cavenants for nutional use and non-uniform covenants with limited
<br /> —�.;s;L:f.Cti.T.�i
<br /> ^^�"�-;���"y� variations by jurisdiceion to constitute a unifortn security instrument covering rt;:il property.
<br /> -��;__"���:;�� UN[FORM COVENANTS.Borrower and L.ender oovenant:ind agrce as follows:
<br /> ��q 1. Payment aF Pri�ncipul end interest; Prepayment nnd Latc Charges. Borrowcr shall promptly p�y when due the
<br /> __=�;�!.� principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br /> ��_�,�.�;�,:!. , Z. Fltnds For'I'axes enA Insurance. �ub�ect to appiicaoie ia�v or�o a wriaea waivcr oy icnder, norrower snaii pay io
<br /> =.�;��j Lcndcr an the day monihly paymcnts are due under the Note.until thc Note is paid in full,�sum("Funds") for: (a)yearly taxes -
<br />.�.<,��_;��,- :�; nnd asse:ssments which mm;�attain priority ovcr this Security Instrument as a licn on the Property;(b)yearly tcaseliold payments
<br /> •y�; ,;; 1..��•. or ground rents on the Propeny,iF any;{c)ycarly hazard or property insvr�nce pmmiums;(d)yearly flnod insurance premi�ms,
<br /> - "� if any; (c)yc,�rly mortgabc insurancc premiums, if any:and(�any sums payablc by Borro�vcr to I.�:ndcr, in arcord:u�cc with
<br /> ,� " tl�e provisinns of paragraph 8, in licu uf the paymcnt of mortgage insurance prcmiums.Thesc items are wllcxi "Escruw Items."
<br /> _:�; � .,�� Lendcr may, at any time. colicc� and hold Funds in an amount not to exccai the rnaximum amount a Icnder for n federally
<br /> - . , :�,. rclated nwrt ga ge loac�may reyuirc for Borruwer's escrow account under the federal Real Estate Scttlement Procedures Act of -
<br />- 1974 as vnendcd frorn timc to time, 12 U.S.C. Section 2601 el se�f. ("RESPA"),unless another law that applics to the Funds
<br />� � �' sets a Ilesser amount. If so, L.ender may, at any time, coilect und hold Fvnds in an amuunt not ro exceed the Iesser amount.
<br /> . • Lcndcr may estimatc the �mount oF Funds duc on thc basis of current data:md reasonable estimates of expenditures of future
<br />� • Rt y•t
<br /> "� Escrnw Nerois or othenvise in accurdance with applicable law.
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<br /> '�• ' ' NEBqASNA-Slnple Fam�lyF�nnb M�t/Freddis Mao UNIFORM INSTRUMENT
<br /> Form 3028 9190
<br /> • �Nl 12T97 MTO YMVM0f7TGAGE FOHMS �31�i29J 9�00 �eoo�s2+ ns� POpO�0�4 dlmended 6/91
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