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<br /> . -- l grants and conveys[o Tn�stee.in tn�st,wiW po�ver of sale.the following descrlbed propeity lacated in the County of f ' �� - ';'- .
<br /> gp�, ,State of Nebraska: ��,•
<br /> . ; . '` �._
<br /> ` . - LOT DTINS I9) . 2ND SUHDIVISION� HOMSSTEAD. GRAND ISLAND. BALI+ COUi3TY NBBRASRA. ,�� �
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<br /> Parcel ID: � _��
<br /> - . '.� which has the address of 3309 HON�STEAD DRIVE ' - , •: • ,�_g—
<br />� •��;� GRAND ISI,APID t�nYl,Nebraska 68803 [���1 (��"�P�!'Address") , —
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<br /> �• TOGETHER wiW all the improvements naw or hereafter erected on the pmperty, and all easenaents.rights. .�,x�- ..�._�:�`
<br /> ,. :f : ,-`�r:';
<br />_ . ' appurtenances and rents(snbject however to the rights and authorities giveu herem to Lender to callect and apply • ..r;.:.��r
<br /> _ . . _' such reuts).all of which shall be deeaied w be and re�nain a part of the pmperty covered lry this Deed of Trust;and ._ .,;�
<br /> ` aU of the foregoing,together with said property(or the leasehold estate if this Deed of Tmst is on a leasehotd)ars ' ''�'��-
<br /> ` � � hereinafter referred to as the"Property°, , "' � :
<br /> �:-�r;�-;'
<br /> �y;�r�;
<br /> r_: � -�.. TO SECURE w I.ender the repayment of the indebtedness evidenced by Borrower's note dated ' ,,�;.,�:
<br />"� � DSCE�Ett 17, 1997 and e�sIons and renewals tl�ereof(hecein"Note"),in the principal sum of ` !:�,:�•_
<br />� � ll.S.$ 23.5 0 0.0 0 wiW interest thereon.Praviding for monthly installmeats of principal aad inter�st. u``:•
<br /> with the balancc of the indebtedaess,if not sooner paid,due and payable on DECffi�'BBR 21. 2�22 ' �������__"-_°�
<br /> the payment of all other swnv,with interest thereon,advance�in acxardance herewith w pzoiect the security of this .-�- �:�
<br /> Deed of Trust;�d the performance of the covenants and agreements of Borrower hereia containeii. .
<br /> � _ Borrower covenants that Borrowcr is lawfully seised of the estate hereby comeyod and has the rigiit to grant and �•. .: �. 4;`.°�`
<br /> � convey the Property,and that the Property is unencumbered.except for encumbraaces of record.Bonower coveaants ���::..:• .:;,�,�-.
<br /> that Borrower wanants and w�1I defend generally the titte to the Property against all claims aad demands.subject w �p�• �,';�,..��=._
<br /> � . encumbraaces of record. . . :. t::.� �
<br /> ,•; �.
<br />- UPIIFORM COVENANTS.Borrower and Lender covenant and agree as foUowa: • •� •s�
<br /> i. Payment of Prindpal and Interest. Bonower shall promptly pay when due the priac'spal and 9atemst : .;��.'
<br /> � indebtedness evidenced by the Note aad late charges as pmvided in the Note. . ' ;;.��.
<br /> � • 2.Ftimds for Ta�ces and Insvraace.Subject w appllcable law or a written waiver by Lender,Bom�wer shall �:-.:. ;;._
<br /> . �� pay w Ixndet oa the day montlily payments of principal and interest are payabte under the Note,until the Note is `',..V,��_.._._
<br />, paid in full, a sum (heceu► "Funds") equal ta one-twelfth of the yearly taxes and assessmenta (inc.r.�eg ,r:; ` _-
<br /> :. .fc,,,
<br /> � coadom9nium and planned umt 3evelopment assessments.if any)which may aua�n Fr�rity over this Deed of'�st, ._,r,��.:�.'.
<br />, • and ground rents on the Propc7ty, if any,pius one-iwelfth of yearly premium installaients for ha7ard insurance.plus • -_
<br /> ' one-twelfth of yearly premium installments for mortgage insurance,if any, aU as reasoaab1y estimated lnitially aad �
<br /> from time to time by Lender oa the basls of assessments and bills and reasonable estimates thereof.Borrower shall •
<br /> � not be obligated w make such paymeau of Funda to Lender to the extent thai Bosrawer makes snch PaYments to the
<br /> • holder of a pnor mortgage o:deed of trust If such holGer is an lnstitutionallender. , i';,.,;.����
<br /> � � ; If Borrower pays Funds to Lender,the Fuads shall be held in aa inscitudon t�s 3eposits or acoounts of��:ich , ., ,
<br /> a';. • ; are insured or guaranteed by a federal or state agency (iacluding Lender if l.ender is such an institudon�.Ixnder ' � ,
<br /> ' ! shall apply thc Funds to pay said tanes.asses.,^�nenu.insurance premiums a�td ground rents.Lender may not charge ,
<br /> ^�: j for so holdmg and applying the Funds,analyzing said account ar verifylag aad compiling said assessmenis and bi11s. . .,
<br /> , � unless Lender pays Boaower interest on the Funds and applicable law pennits Lender to make such a charge. . .
<br /> � Borrower and Lender may agree in writing at the time of executlon of thia Deed of Tnut that interest on the Funds ,
<br /> • shall be paid to Bonower. and unless such agreement is made or applicable law requ3res such intenst to be paid, .
<br /> � Lender shail not be required to pay Bonower any interest or eaminga on the Funds.Lender shall give to Borrower. .
<br /> � : without charge, an annual accounting of ttie Funds showing credlts and deb9ts to the Funds and the pwpose for •
<br /> whlch each debit to the Funds waS made.The Funds are pledged as additional securlty for the sums secured by this �
<br /> ' Deed of Trust. ��m��
<br /> . ��-T81NE1 reeo2� vese z or o n,��azs: •
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