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<br /> PHA Cu�No.
<br /> � pEED OF TRUST 321-1906209 703 V
<br /> � State of Nebrt�ake �'
<br /> � , 1997
<br /> �I THIS DEEO OF TRUST("Security Instrument')Is made on DECEtti'1bEr 318t ' ��
<br /> .� The trustor Is SHARON MU7TER AN UN ARRIED INDIVlDUAL �^Borrower•).
<br /> 3 7he�rustee �s UNITED NHBRASKA BANK 700 N WEBB ROAD (3RAND ISLAND NEBRASKA 8 ("Trustee').
<br /> �� � The benetblary is UNITED NEBRAS�CA BANK ,and whose address is
<br /> whbh is organized and existing under the laws of NEBRASKA _ �•�ender").
<br /> 700 N. WEBB RD. GRAND ISLAN!D NE 68803
<br /> �, Borrower Owes Lender the principal eum of Fiftv Throe Thousend Nine Hundred and 001100
<br /> � Dollers (U.S,3 63,900.00 ).This debt is svid�snced by Bortower s note
<br /> „ dated the same date a� this Security Instrument ("Note"), whbh provides for monthly payments,with the tu� debt, If not pald
<br /> �' aarlier, due end payable on Ja11Uef�( 1 2Q28 _.This Securfty Instrument secures to Lender:(a)the repayment
<br /> ' of the debt evidenCed by the Note, with interest, end all renewal&, exteneluns and modHbatlons of the Note;(b) the payment ot -
<br /> eli other sums, with nteresi, advun�uci �r�dsr pa►�;,t�Rh 8 t� �!^!�t the securRy of thls Security InstNmenh and (C) lhe
<br /> �: performanCe of Borcower's covenants Rnd agreemants under this SeCUriry Instrument and the Note. For this purpose, Bonower
<br /> • rrevocabty prants and conveys to Trustee, In trust, wNh power of sale, the followhg described propeAy baated In
<br /> HAI.L. County; Nebraeka:
<br /> 1r. THE SOUTH ONE-HALF (51/2) OF LOT EIGHT (B) AND THF_ SdUTH FORTY•FOUR FEET (S44') OF �-_
<br /> ; LOTS SIX(6) AND SEYEN (7), BLOCK TWENTY-SEVEN (27) OF SCHIMMER'S ADDITION TO THE _
<br /> � CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> � wn�cn hes the address ot 1803 N EDDY GRAND ISLAND
<br /> IStrnq IG�YI.
<br /> NEBRASKA 68801 jz�p coa.� ('Property Address"); =•1-- .
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<br /> TOGETHER WI7H ell the improvements now o� hereafler erected on the property, and all easements,eppurtenances, and ���.-�
<br /> tbctures now or hereafter e part of the property. All replaCements end addklons shnll be covered by thls SeCUrity Insirument. A�� t.�T^
<br /> r in Is referred to in thls Security Instrument fls the "Property"• �"�T`�"
<br /> ot the fo ego g !pfn�—
<br /> BORROWER COVENANTS that Borrower is lawfully soized of the estate hereby conveyed and has the rfyht to grant end 8,..:_�
<br /> convey the Property and that the Proporty is unenCUmbered, except for enCUmbrences of record. Borrower warrants and will
<br /> dotend generally the tftle to the Property against all claims and demands,subJeCt to any enCUmbranCes of rocord. .
<br /> THIS SECURITY INSTRUMENT combines unilorm covenants for netionai use and non•uniform covenanis with IimRed
<br /> variations by jurisdictlon to constitute e uniform security Instrument cavaring real property.
<br /> Bo�rower and Lender covenant end agree as follows:
<br /> UNIFORM COVENANTS.
<br /> 1. Payment of Pr�ncipel, Interest and Late Cherge. Borrower shall pay when due the principal of, and �me�es�
<br /> on,the debt evidenCOd by the Note and late Cherges duo under the Note.
<br /> � 2. Monthly Payment of Taxes, Insurence, and Other Cherges. sorrowor snan inc�ude �n eacn monthly I
<br /> �o. ��nn In eha Note and any I&te chBrgeS,a sum for(a) texes end speci8� L
<br /> ' '� (J8yfI10fIL [098It16f wllt� Ine p�i��GMdi nPw' .`:6::L:•'•`- __• _.
<br /> � assessments levied or to bo levied egeinst the Proporty, (b) leasehold paymsnts or ground rents on Ihe Property, ana (c)
<br /> � premiums lor insurance required under Parag�aph 4. In any yeer in whfch the Lender must pay a mortgege c�suranCe promium to
<br /> � the Secretary of Housing and Urbnn Development ("Secretery"l, or in 6ny year in which such premium woua nove been required �
<br /> if Lender still held the Security Instrument, eaCh monthly peymenl Shell elso intlude either: (�) fl sum for Ihe ennual morlgnge I
<br /> � insuranCe premium to bo pnid by Lender to the Socretery,or (ii)fl monthly churgo Instead o�e mortgage�suranCO premium ��
<br /> this Security Instrument is held by the SeCretery, m a �easonable emount lo be determined by the Secretary. ExCept lor the i
<br /> monthly charge by iha SQCretery, these dems are cnlled "Escrow Ilpm," nnd the sums paid to Lendor are Called "FSCrow
<br /> Funds."
<br /> k'age � o� 5 -
<br /> 14a+7 1 Mtl f�971
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