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<br /> - � (3paa ADOV�Yhb Lm�For R�eordlnp Oata� - �f�o�� �_
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<br /> � ��� THIS LOAN IS NOT ASSUMABLE WITHOUT THE _-
<br /> ��.
<br />� � ; APPROVAL OF THE DEPARTMENT OF VETERANS ���-
<br /> ° ��; AFFAIRS OR ITS AUTHORIZ�D AGENT �-
<br /> �� � � �� DEED OF TRUST `
<br /> ��� ' THIS DEED OF 7RUST("Seourity InstrumanY)Is made on Jenuary 30th 1998 .
<br /> • + Tne trustor�s DUNALD BUR70N BIGaS 111 AND JUUH ANN BI(iGS HUSBAND AND WIFE �•Borrower").
<br />� , 7he trustee�s UNITED NEBRASKA BANK 700 N WEB� ROAD GRAND ISLAND NE6RASKA 88803 �„TNStee"),
<br /> . 7he benefiClery is UNITED NEBRASKA BANK ,whiCh
<br /> • �s orpan�zed and ex�st�ny under the�awa ot f�EBRASKA ,end whose address Is
<br />- - 700 N. WEdd t�G. Giidi3� iStAiSD PiE �3L'�!3 ("Lender"�.
<br />"" sorrower owes�ender tne pr�c�pai sum of One Hundred Twenty One Thouaand Stx Hundred Fiftv�2 d660 OOI�.7his dabt
<br />- '� Dollars (U.S.i
<br /> is evidenaed by Bo�rowers note dated the same date as thls Security Instrument ("Note"), whbh providos for monthly pxyments,wfth ths fuA
<br /> V debt, M not puid eadier,due and payable on March 7.2028 .This SeCUrity Inswment secures to Lertder: (e)the
<br /> ropayment of the debt evidonced by the Note, wRh interest,and all renewals,extenslons and modHicattons ot the Note;(b)the payment of all
<br />�:��t��4..,�,.+.� other sums, with tnterest, advenceri under paragrsph 7 to protect the securky of thls Security Inatrument; end (o) the pertormancs of
<br />� . Borrower's covenants and agreements.For this purpose, Borrower Irrevocaby yrants and conveys to Trustee, in trust,wkh power of sila,th�
<br /> •�> . -�'-i tolbw(np described property I�cated In HALL County, Nebraska:
<br /> '�� - LOT 2� IN BLOCK 1, OF JACK VOSS SECOND 5UBDIVISION TO THE CITY OF GRAND ISLAND, HALL
<br />�;�-� •.;• ��. COUNTY, NEBRASKA.
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<br />-y� '� In the event thls loan iS determined to be ineligible for Loan Guaranty by OepaRment of Veteren's AHalre, this entire loan may be
<br /> ' " declared due and payable at the optlon of tne mortgagee.1he addendum to Deed of Trust attached hereto and executed of even date
<br /> herewith is hcorporated hereln and the covenents and agreements of the addendum shall amond and suppbment the covenants and
<br /> agreements ol the Oeed of Trust as H the addendum were part hereof. GpAND ISLAND
<br /> whlCh has the address of 4321 MICHIGAN p�y -
<br /> . in�� �':
<br /> , ._ Nebraska 68803 ("PropeRy Ad�ress"): e
<br /> ; zio coe. =
<br /> �. �.
<br /> TOQETHER WITH all knprovoments now or hereafter erected on the property, and nll easemenls, appurtenances, and fixtures now or _
<br /> ' hereafter a part of the propeRy. All replaCementG and add�tions shflll be covered by this Security Inslrument. All of the toregoing �s referted �
<br /> to fn this Security Instrument as the 'Property". Q
<br /> �, � BORROWER COVENANTS that Borrower is�awfully seised of lhe estate hereby conveyod and has ihe right to g�ant and convey the �
<br /> ! PropeAy and that the Property fs unencumbered,except for encumbrances ot reCOrd. Borrower warranlS end wiA defend generally the t�tle to
<br /> ' the Property against flM C�alms and demands, SubJeCt to any encumbrances Ot reCOrd.
<br /> ' THIS SECURITY INSTAUMENT combines unifortn covenants for nationai use and non-uniform covenants wRh Iknited verl8t�ons by
<br /> i jurisdfction to constRute a uni(orm seCUrity instrument covering real property.
<br /> ._ ___., .._.� ....._...,.. .....»..�...�n o___....,. .....� �e..do.nnvunnnf anA Aaf96 IIS}O�IOWS: ,
<br />_.._._..._ . , UrvirVnm VVYGI\MItIJ. YVnvvv� ...... —...'—' "-- - . _ _ .
<br /> j 1. Payment of Principal and Interest; Prepayment and Late Charges. Banower shall promptly pay when due the
<br /> principal o}&nd �nterest on the debt evldenCed by the Nole and any prepeyment 8nd late charges due under the Note.
<br /> I2. Funds tor Taxes and Insurance. Subject to epp��Cable 18w or lo a written waHer by Lender, Borrower Shall pay to Lende�
<br /> � on the day monthM payments are due under the Note, untfl the NOte fs paid in tull, a sum ("Funds')for: (a1 yearly tFVCeS and nssessments
<br /> which may actain priority over thfs Security Insl�ument as a Gen on the Property: (b) yeariy leasehold payments or gruund rents on the
<br /> � Property, if any: (c) �enrly huzard or property Nsurance premiums; (d) yearly ilood �nsurance premiums, d any; (e) yearly mortgage InsuranCe
<br /> prem�ums, if any; and(fJ any sums payable by Borrower lo Lender, in accordance with the prov�sions of paragraph 8, i� li�u ot the payment
<br /> i ol mortgage �nsurance p�emiums. These�tems ere calletl'Escrow Items." I
<br /> Fp�ln �0?B 4/BO I
<br /> NEtlNASRASmg�o Famay Fann�o A7aofioaa�o Mac UNIFORM INSiRUMENT
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