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''�' <br /> �-�.; _.. _�� ;:,,:�.;sE� DEEI� OF TRUST � `--,ti:'=��, <br /> �.- -,,.� <br /> .�... c:=^=;.i.�:��v't�3 Q,� �\"�\S`�� �J- �U�° a .....',--- <br /> tirrii:�_,....:�.�...;.-<.-u::Ex �� \ ' - <br /> . �< _ Z�.� - ��--=- <br /> ���c' _ <br /> ' s ' -- <br /> � THIS DEEA OF TRUST(°Security Insuiunent")is made on�ecember 24, 1996 .The trustor is . �: <br /> �.,.�..,�. <br /> � DaYrel R. Olson and Linda M. Olson, Husband aad wife �-'-�=-- <br /> �..�-•�_, <br /> �; _ <br /> . �` <br /> i �.-. <br /> �.��' ("Eorrower").The trustee is NQRWEST BANR NEBRASRA, NATIONAI. �.SSOCIATION � _ <br /> ����. <br /> ,. _ iK�.� <br /> . . � ("Trustee").The beneficiary is � ��.'�. <br /> . �s : NORWEST BANR NEBRASRA, NATIOHL+�L ASSOCIATION � ��;�'" <br /> 74c <br /> • THE IJNITED STATGS OF AMERICA `�`, <br /> . . whicfi is organized and exisUng ur�der the laws of ,and whose y���'' <br /> • address is 202�+Test Third, Grand Islaad, NE 68801 <br /> ("Lender").Borr�ower owes Lender the princ:ipal sum of ��. <br /> ��_ <br /> . ' TW@i� FIOE THOUSAND DOLLARS AND 00/100DolIa�rL.S.$ 25,000.00*** �, -_ <br /> • This d�t is evidenced by Eam:N��s note dated the same date as this Security I�sn?-.=*ent("Note"),which provides for �S,?rr <br /> .� monthly paymenu,with the full�d�.iF not paid earlier,due and payable on Dece��r 24, ZQO1 . ;t��s <br /> ' , This Security Insuu�ent secures to Lender:ta�the repayment of the debt evidenced by the tiote,with 'u�:..,st.and all renewals. ,4:,i`''i:' <br /> extensions and madiErations of the Note: (�} the payment of all other sums. with interest, advance�undet paragtaph 7 to .r,�+E�s::,�,,: <br /> . protect the security of this Searry Insuument; and (c)the performance of Borrower's covenants and agreements. For this •' _��r•, <br />, �. purpose. Borrawer irrevocably �-.:aiu and conveys to Trustee,in trust. with power of sle, the fallowing described property ��. <br /> Counry.Nebraska: � d���-= <br /> lacated in Hall — � � <br /> . {._:;: <br /> � Lot 7, Block B, Park-View Subdinision, City of Grand •..° <br />• . Ieland, Hall County, Nebraska P�rf��: , <br /> ����. <br /> . �w...'�.'r.. <br /> � ' This Deed of Trust securea an opea. end rec�u:r*_ng line a£ cre83t. �"� <br /> ' � See attached H�me Equ3Xy Accesa �e Rider. �'Y��� <br /> �.�.... <br /> �_�- <br /> -;� <br /> ,.. �. . <br /> (stnet.Ciry�. �r°,`•' <br /> �. which has the address of Z102 Pioneer Hlvd., Grand Island V.-- <br /> Nebraska 68801 ("Property Address"): - `�'`` <br /> ' .. �ZipCode� 'f•';"+ <br /> ��t':. <br /> �dGETHER WI'PH all tlte irnprovcmenu now or hereafter erected on the ro and all easements,a urt��r�es,and "��" <br /> P,Pertl+. PA �.•..-�.,.: <br /> . ' fixtures now or hereafter a part of the pra�erry. All replacements and addiuons shall also be covered by this Security _ <br /> ':t9'� Instrument.AU of.e�e foregoing is referred tn in this Securiry Instrumem as the"Property." �� <br /> BORROWEL?�'OVENANTS that Borcc����r is lawfully seised of the estate hereby convr_yed and has the right to grant and =,___� <br /> convey the Pro�ect3 and that ttte Property is anencumbered,except for encumbrances of record. Borrower Wrarrants and will ��,_, <br /> � defend generally tite title to th%t1��perty against all claims and demands.subject to any encumbrances of record. - - <br /> � THIS SECURITY INS7'!ZL"yfENT wmbines uniform wvenanu for national use and non-uniform covenanu with limited ox-�_ <br /> variations by juri�c�.:�ion to consti[ute a aniform security instrument wvering real properry. <br /> � ,� UPIIFORM COVENANTS.Borrower and l.ender covenant and agr�e as follows: ____- <br /> . �';" l. Paytneai ot Frincipal and Interest; Prepayment and Late CIL:.�ges. Borrower shall promptly pay when due the —.--- <br /> � prir.rapal of and interest on the d•.bi evidenced by th�Note and any prepayment and late chazges due under the Note. �� <br /> Z.Fands for Taxes and I�arance.Subject to applic^.ble law or to a written w,;iver by Lender. Borrower shall pay to �,,,,,��, <br /> ' I.e:�r�r on the day monthly paymr�ts are due under the Note,until the Note is paid in Poll,a sum("Funds")for: (a>yearly taaes �T_:Y_ <br />, and assessments which may atta�n priority over this Security Instrument as a lien on the Property:(b)yeariy leasehold payments .n.��� <br /> � or ground rents on the Property.if any:(c)yeady hazard or property insurance premiums:(d)yeady flaod insurance premiums, �w,'!1�'�; <br /> if any:(e)yearly mortgage msurance premiums. if any:and (�any sums payable by Borrower to l.ender,in accordance with <br /> ., ' the provisions of paragraph 8, in lieu of the payment of mortgage insurance premiums.These items are called "Escraw items." ��-.,r�';,� <br /> n-, <br /> � Lender may. at any time. coflect and hald Funds in an amount not to exceed the maximum amount a lender for a federally �` `"_`�� <br /> . . related manga�e loan may require for Borrower's escrow account under the federal Real Estate Settlement Procedures Act of -�� <br /> • � 1974 as amended from time to time. 12 U.S.C. Section 2601 e1 sey. ("RESPA").unles�anolher law that applies to the Funds z�� <br /> � sets a lesser amount. If so. Lender may. at any time, collect and hold Funds in an amount not tn exceed the lesser amaunt. _ -J <br /> � . Lensier may estimate the amount of Funds due on the basis of eunent data and reasonable estimates of expenditures of future � � . <br /> Escrow Items or otherwise in accordance with applicabie law. , <br /> -___ NF.ESRASKA-Singlo Famitv-Fannle Mas/FredQla Mac UHIFORM INSTRUMEfi1T Form 3028 9/90 _ _ <br /> . ' �NI 72T97 MT(i VIAP 1AOPTGAGE FOR1A5 �313i293 81pp i800�57� 719t vn�e 7 0�6 Amended 6l91 � <br /> . .�._—,�-.._-.._.. . . ,- . � . . . . <br /> .� <br /> , . . . . . . . � ' . r . _ , _ . ' ' ' . • . . - . <br /> � .. ... 5_. . . .• <br /> -:..-..._, .. . ... . . - � , . <br /> . _ �r . �t. . . � . . . . . • � • . . ' • . ' . .. . . <br /> ' ,'�' • .• . � .... � . .. ,.. . . .. , �. ' � •. , � . . ' ' 'Z�Y,•� .. ... ' .. <br /> . . � . � ' : . ' . - . ' - . . � ' . . . . . . <br /> . vr _ . . � .. i. °. � , � . . . � ... . ��_ . ,_ , " . ... . �:' . . . � . . � '. , . �• . . �. .�.. . . .. . :i; . <br />