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<br /> . ` � ``� . DEED OF TR�JST �t'781t781 � �
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<br /> . '. �''�' 7'HIS DEED OF TRUST("Security Instrument")is made on December 19, I997 . .The trustor is • -_-
<br /> . � . , Stephen J Moran and Barbara J Moran, husbaud and wife - � '—'T t';-_
<br /> . , �,���`_
<br /> .. . . ..._� �.�_
<br /> '�:=' ("Borrower°).The trustee is Norwest Bank Nebraska, National. Association �.
<br /> • � ����
<br /> .. , ::' ' `'r.�� �(°Tnutee").The 6eneficiary is Horraest Baak Nebraska, National Assoclation �; ,r.'"t'-�...�,•°:"��;
<br /> .4.t.,. -
<br />. .. _ . � •••��.
<br /> , which is organized and existing under the laws of ti�ted States of America ,and whose . ,�
<br /> • . Grand Island, NE 68803 ����
<br /> address is 3404 W 13th, :; '��'�"'�"�
<br /> � ("L.ender"). Borrower owes Lender the principal sum of ���'
<br /> . ^�u.��
<br /> ��. •� ' Dallars N.S.$ 16,600.85 ), °���'
<br /> ' t n Thou d Sisa . Hundred and 85/�00 - - '
<br /> � '���,,. �s dQe�fit is ev��ced by Borrower's note dated the same date as this Security Instrument('Nots"),whicd provides for . , ,� .�
<br /> �r , a��2 "�,��
<br /> monthly payments,with the full debt,if not paid earlier.due and payabie on December 20, • ' ��.�;,•�q
<br /> � �-�--- --- - This Security Instrument secures to Lender.(a)the repayment of the debt evidenced by the Note.with interest,and all renewals, '':'�;_-
<br /> . � exteasions and modifccations of the Nate; (b>the payment of aU other sums. with imerest. advanced under paragraph 7 m .,• :}_;�.�.
<br /> � �° protect the secvrity of this Seeurity lnstrument: and(c) the performance af Borrower's covenants and aSreements. For this • '....�;:;
<br /> ' � ,. purpose, Borrower irrevorably grants and conveys to Trustee,in tnut. wid�power of sale, the following described property �;.���:_�:;
<br /> lacated in A�l Counry.Nebraska: .� :l-
<br /> ,,;,_:,..
<br /> . . • :.`'�.*._:
<br />���' ' � '�,•.; Lot Eight (8), Colonial Eatates Fif th (Sth) Subdivision, City of Grand Island, _ . ,
<br /> - • -�, Hall Couaty, Nebras�a.
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<br /> . which has the address of 3208 Kennedy Way, Gsaad Island (screci.C�ry1. .
<br /> ' . '� Nebraska 68803 ("Property Address"): .
<br /> . • �'l.ip cnJc� . .
<br /> �,` ' TOGETHER 1NITH all the improvements naw or hereafter erected on the property.and all easements,appurtenances.and � . �
<br /> fixtures r.ow or hereafter a part of the property. All replacements and additcons shall also be covered by this Security _ .
<br /> • ' Inrtrument.All of the foregoing is refcrrccl ta in th�s Security Instrument ati the"Property." �
<br /> BORROWER COVENAI�iTS that Borrawer is lawfully seised of thc estate hereby canveyed and hac the right to grant and �
<br /> convey the Property and that the Property is unencumbered.except for encumbrances of cecord. Bortowet watrants and will
<br /> � defend g�erally the title to thc Property ag�inst all claims and dzmands,subject to any encumbrances of record. .
<br /> THIS 5ECURITY I(VSTRUMENT combines uniform u�venants for national use and non-uniform covenanis with limited .
<br /> . variations by jurisdiction to cons�itute a uniform cecurity insirument covering real property. � .
<br /> • � UNIFORM COVENANTS. 6orrowcr and Lender covenant and agree as follows: ,
<br /> • � 1. Payment of Principal anJ lnterest: Prepayment and I.ate Charges. Bonowcr thall promptly pay when due the .
<br /> • principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Nnte.
<br /> Z. Funds for Taxes and insurance. 5ubject to applicablc law or to a written waiver by Lender. Barmwer shall pay to
<br /> ' Lender on thc day monthly payments arc duc under the Notc,until thc Notr is paid in full,a sum("Funds")for:(a1 ycarly uuccs .
<br /> � � and sv,exsments which may attain priority over this 5ecurity intitrument a�a lien on the Pmperty:(b)yearly l�:aschold payments .
<br /> . ' or ground rents on the Prc�perty,if any:Icl yrarly h:uard or pr��peny insurance premium�:(d)yearly flood msurance premiums. . ,
<br /> if any: (e1 yearly mortgage insurance piemium., d any: and Ul any.um�p�ayable by Borrower tu Leuder, in accord:ince with • ��.
<br /> the provisions uf paragraph 8, in licu uf the payment of mortgage inwrancc premiums.These item+are calleJ "Eu:row Items." _ .
<br /> � Lender may. at any time, collect and huld Funds in an amount not t�exceed the m:�ximum amuunt a Iender for a federaUy °
<br /> ' relateJ mnngage Ioan may reyuire for$orrower'�e�cruw account under thc Ic.leral Re:�l ��tate SetUement Procedure� Act of
<br /> 197�a�amcndcd from time to time. 12 U.5.C. 5ection _'601 el srr/. ("RE5PA"►. untc.y anuther luw Ihat applic�tu the Funds .
<br /> ,et. a Ietiur amuunt. lf.o. l.ender may. al any time. cullect and h„Id FunJ. in an amuun; .u�t t•, c+ccrul the Ir��er amount. �. .
<br /> � ) L.ender may e�timatr the umount nf' Fundti due��n the ba•i�of current J:�ta anJ rea+unahle c.timatr, �+f erpenduurcti uf future - -
<br /> - _ _1 Etcmw Itrm�nr„thcrwi�c in acr�,rci:tncc�citi�ap}�{t�nhla lau. � _ - -- ,, -
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<br /> � � NEBRASKA�S�ngie Fam�IV�Fannie Mao�Freddie Mac UNIFORM INSTpUMENT Fo�m 3028 9�90
<br /> '�ti , �NI12T97MTG /':t•�:f1Hr1�1(.Ft(�PI�} n�.f��a,���� ,ur�r.i� ,�•i, o�u,.,.��i Amended5/91 . .
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