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<br /> � DEED OF TRUST
<br /> . � THIS OEED QF TRUST("Secur-ttY Instrument') Is made on Jenua 26th 1998 . Tho trustor
<br />__.._ is JAMES_H POWERS AND MELINDA J POWEHS H SBAND AND IFE.
<br />, ("Borrower').
<br /> • The trustee �s UNITED EBRA KA BANK 700 N WEBB R AD RAND ND NEB 8 OT3
<br /> (TN6t!!').
<br />� The benet�a�ery �s UNITED N�BR B NK '
<br /> whbh Is oryenized and existing under the Iaws of BFIA ,and whoas addr�se
<br /> � is 700 N. WEBB RD. GRAND ISLAND E 68603 ("L°"�r•).
<br /> s, Bwrower owes Lender the principal sum of IxtV FOUr Thouean F ve Nundred end 00/100 -
<br /> " Oollars(U.S.S 64,600•001. This debt is evldenced by Borrowers note dated the
<br /> � same date as this Security Instrument ("Note"), wh�h provldes tor monthty payments, with the lull debt, M not patd earlbr, due and
<br /> •. payeble on Februerv 1. 2018 . This Security Instrument secures to Lender: (a)the repayment of the debt evldenced
<br /> by the Note,with Interest,and ell renewals,extensions and modiflCBtionS of the Note;(b)the peyment of ell other Sums, w8h htareat,
<br />- . � aclvanced under paragraph 7 to proteCt the socurity of this Security Instrument; and (c) the pe�fortnance of Borrowers covenants 8nd _
<br /> ' " � agreements. For this purpose,Borrowor lrrevocebly grants and conveya to Trustee, in trust,with power of sele,the folbwiny desoribed
<br /> �� property loceted !n HALL County, Nebra�ke:
<br /> J`. �� LOT THIRTEEN (13), FREEDOM ACRES SUBOIVISION, IN HALL COUNTY, NEBRASKIi. �
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<br /> wn�cn nes tne address ot 1804 FREEDOM DR ,GRAND ISLAND �
<br /> Bu��t p�y
<br /> Nebrflske 6880$ ("Property Addr05S");
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<br /> TOQETHER WITH all Improvements now or hereafter ereated on the property,and ell easements,eppurtenanaes,end tixtures now
<br /> or hereafter e part af the property. All repk�cements und addkions shali be covered by this SHCUrity Instrument. All of the loregolnp IS
<br /> rehrred to N this Security Inst�ument as the "Property."
<br /> BORROWER COVENAMTS that Borrower is lewtully selsed of the estete hereby conveyed and hes the right to g�ant and Convey
<br /> - , the ProDerty and that the Prop6rty is unencumbered,except tor encumbrenCes of record. Borrower warranls end will delend generally
<br /> the title to the Property ageinst ull claims and demands, subject to any encumbranCes of record.
<br /> THIS SECURITY INSTRUMENT comUines uniform covenanis tor national use and nnn•u�iform covenanls with limited vnrtatlons by
<br /> J
<br /> jurisdiction to Constitute e unilorm security�nstrument covoring real property. I
<br /> j UNIFORM GUVtNAN�S. tlOnower ana�ender covenani and uy�nu d8�G�iG..S:
<br /> - � 1. Payment of Princfpal anci Interest; Prepayment and Late Charges. aor�ower shall promptly pay wnen due
<br /> � the prmc�pul of and nteresl on Ihe debt evidenced by the Note and any prepayment and I�te cherges due under the Note.
<br /> i 2. Funds for Taxes and Insurance. SubjeCt to appllcable Iaw or to a writton weNer by Lender, Bonower Shall pey to
<br /> Londer on Ine dny monthly peyments are due under the Note,untll the Noto Is pald In tull,a sum ('Funds") tor: (a)yearty tRxes and
<br /> - � assessments which m&y attnin priority over ihls Security Instrument as a Ibn on the Property; (b)yearty leesehold paymenis or ground
<br /> i rsnt, on the Property, if any: (c) yeurly huzflrd or property hsuranCe premlums; (d)yearly fbod insurence premlums,it any; (e)yenrly
<br /> martgaga insurance premiums, il any; and(f) any sums payable by Borrower to Lender, kt aCCOrdunce with the provis�ons o1 paragreph
<br /> ' 9,in Ireu o�the payment ot mortgage Insuranco premlums. These Items ere Cnlled 'Escrow Items." Lender mey, at eny time,cotlect '
<br /> and hold Funds fn an amount not to exceed the maximum amount a lender for e federaliy related mortgage bun may requlre �Or
<br /> � NfOf1A31t�S��p�e �-�mny•Fann�e Maoif�o0a�o Mu UHIFORM�NBiRUMENT Fo�m�02�9IB0
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