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<br /> �- DEED OF TRUST
<br /> �• THIS DEED OF TRUS'f ("Security InstrumenY)is made on Februe 3rd 1998 . The trustor
<br /> ' _ 1 i�STEPHEN ALAN SANDER AND TINA MARIE SANDER . HU BAN AND WIFE.
<br /> s: - - _ _ - _
<br /> ,; ("Borrower").
<br /> r � rne trustee�s UN TED NEBRASKA BANK T00 N WEBB ROAD RAND 1 LAND NEHRASKA 68803
<br /> (^Trustee•).
<br /> � The benef�lery is UNITED NEBRAS BA K �
<br /> �
<br /> • wh�h Is orgenized and existing under the Iaws of N BRASKA ,and whose address
<br /> c �s 700 N WEBB RD GRANQ ISLAPID. E 68803 ('�ender").
<br /> k� eorrower owes �ender ine Pru,cipai sum ot Sixtv Eight Thouaend Eiaht Hundred and 00/100
<br /> y.. Dollers IU.S.S 68.800.00). This debt Is avidenced by Borrowers note dated the
<br /> a: same date es this Security Instrument ("Note"),whkh provides �or monthty payments, wRh the fuil debt, if not pald earlier, due end --
<br /> �: payabb on , Ml11'Ch 1 2013 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenCed
<br /> ' i" by the Note,with interest, and all renewals, extensions and modlt�cations of the Note; (b)the payment of ail other sums,with interest,
<br /> 5+.• advanced under paragraph 7 to protect the security of thls Securfty fnstrument; and (c) the performpnce of Borrower's covenants and
<br /> s agreements. For this purpose, Borrower Irrevocebly grents and conveys to Trustee.In trust, with power of sale,the following desCribed
<br /> . i; prOperty located h HALL County,Nebraska: _
<br /> ,i�. THE WETER�LYYFORTY THR E AND TH RTY S VEN HUNDREDTHS F�ET (43�37') 0 TLOTUTHH4�E(3), IN ____._.
<br /> � BLOCK ELEVEN (11), IN PARKHILL THIRQ SUBDIVSION,AN ADDITION TO THE CITY OF GRAND —
<br /> ISWND, HALL COUIVTY, NEBRASKA. �
<br /> � �R�—
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<br /> whiCh hg5 the 8ddreSS Of Z4'I� W FHOENIX , GRAND ISLAND '�`���`'
<br /> 8u�et G�Y �'7':1._a.Mi ..
<br /> Nebraska 68801 _� ('Property Address"�; � •��''+�,� •�
<br /> Zlp Codo . ' .
<br /> TOGETHER WITH all Improvements now or hereafter erected on the p�operty,and sll sasements, eppurtenanCes, and fbctures now �
<br /> or hereafter a part ot ihe property. All replacements and additlons shaY be covered by this Security Instrument. All of the forepcing is • . .
<br /> j referred to in this Securdy InStrument as the 'Property."
<br /> BORRO�NER COVENANTS that Borrower is IawNlly Seised o� the estate hereby Conveyed and has Ihe right to grant and convey
<br /> ' th@ Proporty end IhBt the Property is unenCUmbered,except (or enCUmbrances of record. Borrowor warrents end will de�end generglly
<br /> , the title to the Pruperty against all claims and demands, subject to any encumbrances of record.
<br /> THIS SFCURITY INSTRUMENT combines uniform Covenants for nellon6l use end non•uniform covenants with Ilmited variati0n5 by
<br /> �unsd�Ction to Constitute a umform secunty mstrumenl Cove�ing reel property.
<br /> UNIFORM COVENANTS. Borrower and Lender covenent antl agree as touows: ' --' --
<br /> 1. Payment of Principal and Interest;Prepayment end Late Charges. Borcower shall promptly pay when due
<br /> the principal of and interest on the debt evidenced bp the Nole and any prepayment and late charges due under the Note.
<br /> 2. Fundy for Taxes end Insurance. Subject to appllcable Iaw o� to a wrkten welver by Lender, Borrower shall pay to
<br /> Lender on the day monlhly payments are due unde�the Note, untii the Note IS paid In full, ts sum ("Funds")for: (a) yearly tnxes end �
<br /> assessments whlCh may attaln priority over this Security Instrument as a Iien on the Property; (b) yearly leasehold payrr�gnts or ground i
<br /> renls on the Property, ��any; (c) yearly haz&rd or property Insurance premlums: (d) yearly flood insurance premiums, if any; (e) yearly ,
<br /> mortgage insurance premiums, if any: and (f) any sums payable by BOnower to Lendor, m flcco�dance with the provisions of paregraph
<br /> B, in I�eu o�the payment of mortgage msurance prem�ms. These items are called "Escrow Items." Lender mny, ut uny time, collect
<br /> and hold Fu��ds � an nmount not ro ezCeed the maxunum amount e lender for u federally related mortgage ioan may requ�re lor
<br /> N!IIHASKA ti�ngio f�mdy�Fann�o M�e.f�oOG�o Mac 11NikOFiM IN91�lUhKNT F.�,n 30:�9 v0 -
<br /> 110:91M(11�0�71 �'a40' �t S � .
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