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<br /> DEED OF TRUST �i��`�• -
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<br /> �' 99 . The tnistor r, ��•
<br /> THIS DEED OF TRUST(•securic Instroment• is made on Febru rr 6th .�.� •�;___
<br /> is WILLIAM L MCLELLAN AN�JANNA� E MCLELLTI U BAND A D WIFE s+�.__
<br /> � 1.� ("BdfOWAf")� - -- `— - -�k.-__,,.
<br /> , � 7ne wstee�s UNITED NEBRASKA BANK 700 N EBB ROAD RAND ISLA D NEBRA 68803 ����
<br /> ("Trustee"), ���i':�-
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<br /> �� The benefiClary is �IITED NEBRA KA B N NEBRA5KA ,and whose adNess ��'
<br /> wh�h is aganized and exlsting under tho laws of (•Lende�")• Y°r
<br /> :� is 700 N. WEBB RD. GRAND ISLAND NE 68803 �-
<br /> � Borrower owes Lender tAe principal sum o� eventv F ve Thousan ix Hundre encf 00/100 �, �.;.
<br /> Doltars(U.S.3 7b,600.00). This dAbt Is ovidenced by Borcower's note dated the
<br /> , ,x: Same date as thls Security Instrument ("Note"), wh�h provides for munthly payments, wkh the full debt, If nOt paid earller,due end
<br /> �� payable on March 1. 2028 . Thls SecurRy Instrument secures to �ender: (a) the repayment of the debt evidenced _
<br /> �: by the Note, wRh Interest, and all ranewals, extenslons and modN�atbns of the Note: (b)the payment of all other sums,wNh hterest, _
<br /> r advanced under paragraph 7 to protect the security o} thls Security Instrument; and (c) the pertormance of Borrowers covenents tnd _ _
<br /> �•� agreements. For thls purpase, Borrowe� krevocably prants and conveys to Tru�tee,In trust,with power of eale, the followlne descrbed __ _-
<br /> propeAy located in HALL County,Nebraska: w�
<br /> ~ LOT ONE (1), MCLELLAN SUBDIVISION, HALL COUNTY, NEBRASKA. _
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<br /> wnkn nns cne add�oss ot 6180 W CAPITAL AVE , GRAND ISLAND . . ° �����
<br /> su..� a�y .. �."�"�::'
<br /> Neb�aske 68803 ("Propert/Address'); � �"�
<br /> ' Z�0�de
<br /> TOGETHER WITH all mprovements now or hereatter erected on Ihe property,a�d all easements, eppurtenances,and fhtures now
<br /> or hereafler e part of the (xoperty. All repkicements and additbns shall be covered by this Security Instrumont. Ali of the faegong fs
<br /> referred to fn this Security Instrumenl as the "Propeny." '
<br /> BORROWER COVENANTS that Borrower�s �awfully seised ot the estate hereby conveyed and has the right to g�ant a�d convey
<br /> + ihe Proparty and that ihe Property is unencumborod, except tor encumbrances o�record. Borrower werrants and wltl defend ge�e�a�y
<br /> I the I�IIe to the Property 8geinst all al8ims and demands,subject to any encumbrances o} record.
<br /> � THIS SECURITY INSIHUMENT combines uniform covenants for national use and non-uniform covenants with IimHed veri�tions by
<br /> jurisdictinn to constitute a uni(orm Security insirument Cover'ng real property.,^„^WQ
<br /> � �l UNIFORM GOVENANIS. t3orrower ano 'tunun�i.�v'vt�n��C o��oy::o..�•..••-••-• " -�- __•�_= �
<br /> ; 1. Payment of Principal end Interest; f'repayment end Late Charges. eorrower sheN promptly pay whe� due i
<br /> - I Ihe Ixincipal ol and �nterest on the debt evidenced by the Note and any prepayment and late charges due under the Note. I
<br /> � � 2. Funda for Taxes and Insurance. sub�ecc to appl�able �aw o� �o e Nrucen waWer by LenJer, aorrower snan pey �o
<br /> ' �e�Mer on the day monthly paymenls are due under the Note,until the Note is peld in (ull, a sum ("Funds') for: (a)yearly ttixes and i
<br /> , as,essments which mey altain priorly over this SoCUrity Instrument fls & I'�en on Ihe PrOperty; (b)yearty leasehold payments Or g�ound �
<br /> rerxs on the Property, if any; (c) yearly haznrd or property fnsurance promiums; (d) yenrly flood msurance p�emwms, i� any;(e)yeary I
<br /> moagage insuranCe prpmiums, if any;end(t)any sums paygble by Borrowe� to Lender, in accordance with the provisbns ot paragraph
<br /> -, B, n lieu ot the payment of mortgage insurance premiums. These ilems ere calted "Escrow Items." Lender may, at uny tima,tollect �
<br /> - and ho10 Funds �n an amount nol lo exceed the maximum amou�t a lende� �or a federelly rolated mortgflge loan mpFyoreq`7e ea
<br />-- NItlNAtikAsny4 Famdy�fa���o Mao���odU�o Mac UNIFUFiM IN6THUMLNI �,ago � ui b I -
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