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<br /> , ��V 1i L L F"'� [5pace Aboce Tkts L.iae For Recordin�Datal ''�'•--'':.::�•=�:
<br /> .. �oR�ti�srsrenr�,�rf�c� P��zz39��6_ So� - «,�~.� �= �
<br /> ' �o Box�aos DEED OF �'RUST � ��'`c'�
<br />�.:�.;' pMAHA.NE 6830R3AR'iUNEK p�, (�� :*�:�•>�,f W --
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<br /> THIS DEED OF TRUST("S�urity Instnunent")is made on Jaauary 3, 1997 .The duswr is • .�.�; •� _'
<br /> ,��,-'�': -
<br /> � Gary L. Werner and Rathryn A. Werner, xusband and Wife �'��.�'�
<br /> �"�+fr�s��`�:s?l4�:_`:
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<br /> ("&orro.�er").The mistee is Norwest Baak Nebraska, National Association �� '� "�
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<br /> _ ("Trustee").The benefcciary is Norwest Bank Nebraska, National Associatia� �--••• �
<br /> %�;. •....
<br /> ,and whose . � �
<br /> ', which is organized and exisdng u�c'.:r the laws of �e IInited States of Amerfca :'.
<br /> ,� ', address is 3403 4l. 13th St, Gra�� Island, NE 68803 `� `' • „��'�' �� �"�°
<br /> - ("l�r^der"1.Borrower owes�a�.v�r the principal sum of �°'S S# `
<br /> '.� nr, -
<br />� Dollars N.S.S 4 )• '.,".'..
<br /> Forty sis thousand one hu��Ted seve�:y seven aad 20/100---- 6 1 Z7•20 �.''�.��w
<br /> �� This debt is evadenced by Borower's note da:ed the sarne date as �his Securiry Instrument("N�te ).w�huh�a:ovi.ies for =:.;r�� ,� _
<br /> ' montfily payments,with the full debt.if not pa:d earlier,due an d paya b le on January 15, 2Q04 '
<br /> , This Security insmiment secures to Lender.(aD the repayment af the debt evidenced by the Note,wit�aru�t,and ali renewals. ''�sk;-;_^
<br /> eatensions and modifications of the Note: (b)the payment of all other sums, with interest, advz.+.x i under parag�aph 7 to � • '
<br /> protect the seeurity of this Secusity Instrument: and(c) the performance of Borrower's covenants and agreements. For this ,;�`!.'.
<br /> , purpose. Borrower irrevocably grants and conveys to Tnutee, in trust,with power of sale, the following described property _•,___, •��•
<br /> located in Ha].1 County,Nebraska: '.�,,"�.��� .
<br /> �..--- —
<br /> ' . Lot 16 and the South 16 feet of Y.ot 14, B1ock 19, IIninersity Placa, ,. 7�'���
<br /> ��:_�_�._�T
<br /> City of Grand Island, Rall County, Nebraska. _
<br /> .. ' �.�_�. �.-�: -
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<br /> � ���.��s�:. .
<br /> which has the address of 2003 w Sheridan Ave, Grastd Island Isaec�,ciry). _
<br /> ' Nebraska 68��3 ("Property Address"): ..�„�,•m._„Q:,r;;
<br /> .. . (2ip Cvde) < '�,�:-
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<br /> � '�Q(;E77iER WITH all tt1:improvements now or hereafter erected on the property.and all easements.appur�nances,ar.0 ,,�,,,_�,,
<br /> � 6xturzs naw cr �ereafter a �t of the property. All r�lacements and additions s1�a11 also be covered by t1�us Securiry �:===•��s°::°:.,
<br /> �. '.. _ �anw��r�=•.nm�_�•..
<br /> ; Instrument. Ali eF��e foregoin;is referred to in this Security Inswmer_t as the"Property." ----------
<br /> .:�; BORROW�R CdVENANTS thut Borrower is lawfnlly seised af u:estate hereby conveyed and has the right to grant ar.� .;�..
<br /> convey the Properey ar.d that the Property is unencumbered, except for esicumbrances of record. £wrrawer warrants and wiA :'����•;, ,``��;:
<br /> ti:��:;
<br /> •.� ... _ ��, :..:�.
<br /> • •, defend�enerally the tiile to tf:e Property against all claims xnd demands,subject to zny encumbrnnces of record. _
<br /> � 1'H15 SECURITY INSTRUMBIVT combines uniform oovcnants for national �s: vnd nan•uniform covenanu with limited �`'`' :r `
<br /> variuliotu by jurisdiction to cehstitute a uniform security instntment covering roal pru,�e�:y. �'��5�.
<br /> • UNIFORM COVENANTS.Borrower and Lender covenant and a�De as follows: W� �
<br /> .:` - l. Payme�t uf Principal and lnterest; Prepayment and La2e Ci.'�a�ges. Borrower shall p:romptly pay when due the _ ,�;;;.'
<br /> '. prittcip:il of and interest on the debt evidenced by the Note and any prepayrnent and late charges due under the Note. •�+�;,�,� ; : _
<br /> � 2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower sha11 pay to ,;,;��,�_,::� i
<br /> � � Lender on the day monthly payments are due under the No:e,until the Note is paid in t�rU,a sum("Funds")for:(a)yearly taxes �•J#.�yA. : '
<br /> and assessments which may attain priority over t his S e c urity Instrumen t as a lien on t��P r o p e rt y:(b)y e a r l y l e a s e h o l d p a y m e n t s '
<br /> or ground rents on the Property,if any:(c)yearly hazard or property insurance premiums:(d)yearly flood insurance premiums, . • •:`, ;
<br /> � if any: (e)yeariy mortgage�nsurance premiums. �f any:and(t�any sums payabte by Borrower to Lender. in accordance with �i�.,s� _
<br /> t he provisions o f parasrap h 8,i n l i e u o f t h e p a yment of mort ga ge insurance premiums. These items are called"Escrow ltems." "``'. .`��'.`.�-• . �
<br /> � Leader may.at any time. collect and hold Funds in an amount not to exceed the maximum amount a lender for a federally 'Y��'"�'�"'.
<br /> . related mortgage loan may require for Bonower'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 2b01 et seq. ("RESPA"1.ur.less another law that applies to the Funds � `.� �
<br />� . � sets a lesser amount. If so, Lender may, at any time, callect and hold Funds in an umount nnt to exceed the lesser amount. � - �
<br /> Lender may estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditums of future
<br /> �__ . . '
<br /> � Escrow Items or otherwise m accordance wrth appiicabie iaw. '" "
<br /> . . �•
<br /> NEBBASKA-Smgle FamityPanNo Mao/Froddie Mac UNIFORM INSTRUMfNT Form 3028 9/90 . . , _
<br /> .. �N112T97 I'JfT(i VMV�AO�GAGE FORMS �3�3�293 8100 �SOOi511 719� vaBO�o+a , Art�07ed00 5�91 , " _
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