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<br /> � DEED OF TRUST
<br /> f �
<br /> THIS DEED OF TRUST ('SeCUrRy Inatrument')IS made on Janu�e� ?7th._ __, �998 . The trustor
<br /> is BRYAN E JACOBSON ANO STEPHANIE M JACb��N�iO�BAND AND WIFE.
<br /> -. —-�� -
<br /> � ("Borcower").
<br /> }f r The trustee �s NITED NEBRASKA BANK 70Q N WEBB D RA D I LAND NEBRASKA 688�3 _
<br /> �; (^rrustee").
<br /> ' The beneficfary Is UNITED NEBRAStCA BAfVK �
<br /> �' whiCh is organized and axist(ng under the laws of NEBRA KA , end whose addrass -
<br /> �� is 700 N. WEBB RD.GRAND ISLAND. NE 68803 ("Lender").
<br /> surrower owes lender tne pr�ncipal sum ot Seventy 7hree Thousend end 00/100 —
<br /> Doliars (U.S.i 73.000.00). This debt IS evidenced by Barowar's note dated the
<br /> '` same date as this Securiy Instrument ("Note"), whfch provides for monthly payments, with the tull debt,it not pald earlier, due and _„�,
<br /> payable on Merch 1. 2013 . This Security Instrument secures to Lender: (a)the repayment of the debt evidenCed _
<br /> ' by the Note, wih inleresl,and ali renewals,extenslons and modiflcatlons of the Note; (b) the payment of all dher 8ums,wkh hterest, -
<br /> advanced under paregraph 7 to proteat the security of thls Security Instrumenk and (a)the pertortnance of Barowars covenants and --
<br /> � sgreements. For this purpose,E3orrower krevocaby grants and conveya to Trustee,In trust,wfth power of sak,the following deacribed -
<br /> property loCated In HALL County,Nebreske: E.
<br /> LOT THREE(3),BLOCK ONE (1), FIRESIDE ESTATES SECOWD SUBDIVISION, HALL COUNTY, l�.;�
<br /> N EBRABKA. E'`
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<br /> wh�ch nas the eddress o�3524 GRAHAM AVE , GRAND ISLAND — -
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<br /> S�wet Gty ,r��r�,�-..
<br /> Nebrasku 68801 _ ("Property Address");
<br /> I Z�pfnae '- .
<br /> 1 TOGETHER WITH aii improvements now or hereafter erect9d on the property,and all easements,appurtenences, tind fixtures now „� �
<br /> i or horeaNer a pert ol Ihe propehy. All replacements and additbns shail be Covored by thl�Security Instrumenl. AM of the foregoing is
<br /> i rolerred to �n th�s Security Instrument es the"Prope�ty."
<br /> BORRQWER COVENANT� Ihat Borrower is lawfully sei3ed of the estate hereby conveyed and hes ihe rqht to grant and convey
<br /> the Property and thal the Propnrty is unenCUmbered, except for enCUmbrances of record. Borrowor wdrrenls end wlll delend penerfllty
<br /> the titw to the P�opcxlY against all claims and demands, subject to eny encumbrances ol rocord.
<br /> � 7HIS SECURITY INSTHUMENT combines unlform covenants for natbn[tl use and non•unYorm Covenents wAh IimRed vuriatlons by '
<br /> jurisdictron to constitule e unilorm security instrumont covering real property.
<br /> 1 UNIFORM COVENANTS. HorrOwer an0 Lenaer covenent ano egree es ioiiows: r �--:--�-°
<br /> � 1. Payment of Pr(ncipat and Interest; Prepayment and Latg Chargea. Borrower Shali promptiy pay when due
<br /> � tho prinr,ipal of and nlaresl on the debt evldenced by the Note and any prepeyment and late charges due under the Note. �
<br /> 2. Funds for Taxes and Insurance. SubJect to appl�able law or to a wrilten walver by Lender,Borrower shall pay to �
<br /> Lender on the doy monthly payments ere due undor the NOte, until the Note Is paid In tull, a sum ("Funds")�or: (8) yearly taxeS flnd I
<br /> assessmants wh�cfi may altain pnor�ty over this Security Instrument ns a lien on the Property; (b) yearly leasehoid paymonts or ground i
<br /> rents on Ihe Proparly if eny; (c) yeurly huzerd or property in5urance premiums; (d) yeurly fbod insurattce premiums, if any; (e) yearly
<br /> mortgage insurance Drernmms. �I any: and (1)any sums pnynble by Borrower to Lender, in accordance with the Drovisions of peragraph �
<br /> 6, in I�eu of the pay�nl o� mortgage insurance premiums. ThpSe �lems ere Celled "ESCrow Items." Lender may,at any time. co118Ct i
<br /> antl ho�d Fu��tls fn a�� amounl not to exceed the maximum amount t+ lender for a federally related mohgage loan may require for
<br /> NI i+�+nsn�ti,��,�0 1 d•ndrl.inn�1 L1.401�VOdm�dac uNil OIIM�N9INUMI�l! fo�m JO?0 BidO
<br /> � 1�V!•�1 M/l 1��`+/1 f•7yo t oi 5 '
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