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<br /> ISDat�AbOW Thlt Un�For R�corElnq Oau� �.,"y��g,��
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<br /> �! THIS LOAN IS NOT ASSUMABI.E WITHOUT THE �'� ��;�s=--
<br /> APPROVAL OF THE DEPARTMENT OF VETERANS =�-
<br /> � � AFFAI RS OR ITS AUTHORIZED AGENT <� ��=='°`�
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<br /> �� DEED OF TRUST � ��`�-
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<br /> � THIS DE[D OF TRUST("Security Instrument') Is made on Januarv 28th 1998 �����
<br /> �', rne trusror �s KENNETH L PRICE, JR, AND DINA A PRICE , HUSBAND AND WIFE.
<br /> �—
<br /> ("eorcower').
<br /> +� 7he irustee �s UNITED NEBRASKA BANK 700 N WEBB ROAD GRAND ISLAND NEBRASKA 6$803 ,�i����
<br /> �� (^Trustee"). �'`�`
<br /> The benef�c�ary �s UNITED NEBRASKA BANK ,whbh '���
<br /> � is organized antl existing under the �aws ot�,lE_BRASKA , end whose address is 1��
<br /> :.i 700 N. WEBB RD. GRANO ISLAND NE 88803 ("l.endor•). !"m
<br /> -' Borrower owos Lender the principal sum oi S�(xt Four Thouaand Four Hundred and 00/100 =
<br /> Dol�ars(U.S.S 64.400.00).Thls debt � ".� [�.
<br /> is evidenced by Borrower's note datetl the same date as this Securfty Instrument("Note"),wh�h provides for munthiy pqyments,wRh the lull ��,� -_
<br /> debt,if not pefd earlier, due and payAble o� March 1. 2028 .This SeCUrity Instrument seCUres to Lender: (a)the �' -
<br /> repeyment of the debt evidenced by the Note, wqh Interest,and ell renewals, extensbns and modlf�ations of the Note;(b)the payment o}aA _
<br /> other sums, with interest, ativanced untler peragraph 7 to protect the securiry of this Security Instrument; and (C) the performance of - -- —
<br /> � Borrower's covenants and agreemonts.For Ihfs purpose, Borrower krevxably qrants and conveys to Trustee,In truct, wkh power ot saM,!h�
<br /> (ollowing described property iocated n_ HALL County,Nebrasks: �f�`�
<br /> � LOT SEVEN (7), WEST HEIGHYS ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> 4� In the event this ioan is determined to be Ineligibls for Loen Guaranty by Oepartme�t o}Veteran's AHaks,this entire!oan may be _
<br /> � deciared due and payable at the option of Ihe mortgagee.The addendum to Deed of Trust ettaChed hereto and executed ot even date - __
<br /> ;ir-=
<br /> herewith is incorporated herefn and the covenants and agreements of the eddendum shall amend and supplement tne coven8nts and
<br /> j egreements of the Deed of Trust as il the eddendum were part hcreof. ��� .;._
<br /> � whiCh he, the address of 2b39 W 4TH ST GRAND ISLAND � ti:.-
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<br /> I ',wt car [,u.'..; • 1: 'ta.�.
<br /> NebreSku 68803 ("Property Ad�ess");
<br /> I 1�p Cotl� . . < < :1• .
<br /> -,X. .�:. .+r: .
<br /> , TOGETHER WITH all improvemenls now or heraatter erected on the property, and all easements, appurtenances. and fixtures now or '����"��` �� �
<br /> �,.,.....,..,.
<br /> ,.•�r, • t�y.-,:=�;
<br /> � hereafte� a part ol the property. Ail replacemenls and additions shall De covered by this Securfty �nstrument. Ail of the torego�ng is relerred . _.
<br /> ilo in this Security Instrument as ihe `Prope�y". � ��' "
<br /> i BORROWER COVENANTS thot 8orro�rer is �awfully selsed of the estate hereby conveyod end has the right to grant 8nd convey the :
<br /> Property and thnt the Property �s unencurnberod,except for encumbrances of roCOrd. Borrower warcants end wili defend g8nerttly th0 tftle t0
<br /> 1 the Property agamst all claims and demands,sub�ect to any encumbrances of record, . . .
<br /> THIS SECUF��TY INSTRUMENT cornbhes unilorm Covenants for netlonal use and non•unNorm covenants with Ilmited variatlons by
<br /> ; juriSdicUOn to Conslit�le a unitorm seCU�ity�Strument Covering real property.
<br /> � UNIFORM COVENANTS. Borrowe� and Lender covenant end agree as follows:
<br /> � 1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptty pay wne� due me � � �'
<br /> � prinC�pal of nnd interest on the debt ev�deneed by the Note and any propnyment antl late Charges due under ihe Note. I
<br /> I 2. Funds tor Taxes and Insurance. SubjeCt to appliCable law or to n written waiver by Lender, Borrower shall pey to Lender
<br /> on the day monthly puymen�s 3�e due unuer the Note, unt�l the Note is paid m tull, a sum ("Funds") �or: (a) yearly taxe� end assessmenis I
<br /> � �vh�ch may attam pnority ove� li��s Secur�ir Inslrumenl ns n lien on the Property: (b) yearly leasehol� paymenis or ground rentS on tho ,
<br /> Pro�e�ty, d any: (c) yearly hpzard or p�ope�p insurflnce premiums; (d) yearly flood msurance prem�ums. �� Any; (p� yearly mortgage insurence i '
<br /> prQmiums, d any;and �I)any sums payable by BorrOwer to Lender, in accordance wdn Iho provisions o� pnragreph 8, in lieu of the payment
<br /> of mortgage �nsurance prem�ums. �i hese dems are caued "Escrow Items."
<br /> hf.f111AtihA ti.���o 1.��...��{�.��.�o �.'ian f�eJ.�,o�.�.�c uNlf etl.4 IN911tUMLHT Form J07S B/BO
<br /> !dC091 N(i(P 47� Payo � ol 5 I
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