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<br /> r< : . � � DEED O� TRIDST �; ��•=y:��-
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<br /> ' �',- THIS O�D OF 7RUST('Secu�'ty InsuumenY ts made on Jalluaiv 21s4 1998 . The trusWr : :, ° u'-O9-
<br /> . ts DAVID L MCDERMOTT AN UNMAR�IED INDMDUAL. <<�`'( '' �-�
<br /> ',.�. �.:;; (^Bortower"). :�� ��'��-:
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<br /> rne wstes�a N TED Nf��tASKA BANK 700 N WEBB ROi� GRAND fSl.61WD N RASKA 68803 +�--
<br /> 'r • �`'i ("TNSt89°�• "'f"••. . tI-�
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<br /> � . 7ne beneftctary ts UPIiTED NEBR KA BANK N��� ,end whose eddress ��� ': ��
<br /> ,' ` ' wttiCh is organisad and e�dsting under the laws of �.�d�..)• -
<br /> _ , . • �s 700 W.1li�o�E�D.GRQI�D ISl.A[�D ME 68803 '�;�''�
<br /> '''� eorrower owes Lsnder the prmcipa!sum of Ei ive Tfto s8nd Two Hun �ed end 00/100 `�._��
<br /> - Oottars(US.S 85 00.00. Th!s debt is evidenced by Borrowers rtote dated tAe _� __
<br /> � same date as this Secutity InsSrument ("Note"),whtch pravides tor monthiy payments, wRh the iu0 debt,� not pal0 earlier, due and • --`2��:--�
<br /> '. •r.�-
<br /> payabte on February 1 2028 . Th1s Security Instrument secures to Lender. (a�the repaymenl ot tAe debt evidenced ' r�
<br /> , by the Note,witb tnteresA enC all renewais.eztenslons attd mod"rfications of tfie Note: (b)the payment of all other sums.with Intere5l. .. � ��
<br /> • advaneed unQer paragraph 7 to pmtect the sscurity of this SeCUrity I�sWmen� and (c)the petfotmance of Bortowers covenents and : �i°.•
<br /> . � . agreements. For thta purposa.8ortowar Urevoabry grants end conveys to Tnutee,in trust,wftA power of sate,ths following descr�bed _
<br /> property�ocntea tn FOALL Couoty�tvebraska: -``�
<br /> . � � LOT NINE_�9�, BLOCK YWREE_(3�N0 TA HW�EgHT�U RTER(NW1�4 NSWt/4)OF SECTtON ELEVEN (11), r�
<br /> _ - � �� � NOATMW�' �UARTEH OF Tn �
<br /> � � �� TOWNSHIP ELEVEN (11) NOATH,RANGE TEtd (10)WEST 17F THE 6TH P.M.,HALL COUNTY. ',":f�. ':. :�
<br /> �. � NEBRASKA. .
<br /> , .
<br /> • �. � .
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<br /> i - ' whiCh heS the SdQress ot 4�38 KAV AVE . GR/aND lSLAND •
<br /> ,�� .. SVeel G�y , . .
<br /> , Nebraske 88803 ("Property Address"); . ,
<br /> Ap CoOs
<br /> TOGETHER WRH at1 improvements now or hereafter erecte0 on the propeRy,and ail easements,appurtenances.and fbRUres now .
<br /> , or hereafter a part ot the propeRy. Ail repiaCements and addBions shall be covered by this Security InsWment. All ot the foregoing is .
<br /> relerted to in this Securityr instrument as the"Property.' . .
<br /> � BORROWER COVENANTS thel Bortower is tawfu0y seised of the estate hereby conveyed and has the rlght to grant and Convey
<br /> - - .' th9 PropeRy 8nd that the Property is unencumbered, except for enCUmblBnees of reCOrd. 8orrower wanants 8nd will de�end generally
<br /> • tAe title to the Property against ail ctatrns and demands,subJect to any encumbrances of record.
<br /> � THIS SECURITY INSTRUMHNT comb�nes uniform covenants tor national use a�d non-unitortn covansnts with limited variapons by
<br /> ' jurisdicUon to consfrtute e unitortn security instrumen!covering real proparty.
<br /> UNIfORM COVENANTS. BonOwer and Lender COvenant end agtee eS foltows:
<br /> � � 1. Payment of Prirtcipal and Intereat; Prepayment and Late Charges. Borrower shail promptiy pay when due
<br /> :�,�� . �• tAe principal o}and interest on the deDt evidenced by the Note and any prepayment and late charges due under tAe Note. _
<br /> '� ' 2. Funds tor Taxes and Insurance. SubjeCt to apP��Cable law Or to a written waivet by Lender, BorrOwer shall pay to
<br /> • � Lander on the day monthty payments ere due under the Note,uMd the Note is paid in IuU, a sum ("Funds")for. (a) yearly taxes and
<br /> •�`"` " assessments which may eriain priorAy over Ihis Seeurdy Instrumen!es a I�en on the Property; (b)yearly Ieesehoid payments or grountl
<br /> ' � rents on the Proparty. i1 any; (c) yearty harard or property insuranee premiums; (d) yearry ftood insurance premiums, il eny: {s) yearty
<br /> ! mortgage a�surance premiums, i�any;and(4 any sums payabte by Bonower to Lertder. in accordance wAh tne provisiorts ot paragraph
<br /> . B. in Iieu of the paymGnt o1 moRgage insuranCe premiums. These icems are Callgd "Escrow Items." lender may, at any time,eoltect
<br /> � and hotd Funds �n an amount not to exceed fhe maximum amount a �e�der for e tederally related mort$age laan may require �o� �
<br /> .���" � � NtdRASItA�Smgie Fem�iy-Fa�ms MasfF�eae�e Mac UNIFOHM IN9TitUMENT iorm 7028 9i90 � �
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