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<br /> +�, DEED OF TRUST
<br /> � THIS DEEO OF TFIUST (Seour�ty Instrument" is made on Februer 4th 1998 . The trustor
<br /> s �s JAN S MARKHAM AND SUSAN E M�RKHAlIA I�U5BAND AND I E.
<br /> �:
<br /> :_.,-. -- - _ _
<br /> ,� --� _ (^BOrrower').
<br /> Tne trustee �s U ITED NEB ASKA BANK 700 N WEBB R AD GRAND IS ND NEBRASKA 6 803
<br /> �•. ('TfU6tBB"). --
<br /> The benetbiery is UNITEO EBRASKA BANK -�
<br /> wh�h is organlzed and existlnp under the laws ot EBFIASKA ,and whose address
<br /> ts 700 N WEBB RD. GRAND ISLAND. NE 68803 ("�ender").
<br /> eorcower owes Lender ihe pr�ncipa�sum of FI Sfx houeend e d 00 100
<br />- Dollars (U.S.S 56,000.00). This debt Is evWenced by Borrower's note dated the
<br />- same date as this Securtty Instrument("NOte"), wh�h provldes for monthty payments, with the (ull debt, H not paid earUer, due and
<br /> payabte on Merch 1. 20'S 3 . This Security Instrument seoures to Lender: (a)the repayment of the debt evidenced
<br /> by the Note, with Interest, and ali renewals,exlenslons and modHbations ot the Note; (b) the payment of all olher sums, wfth hterest,
<br /> advanced under paragraph 7 to protect the security of this Seourity Inatrument; and (o)the peAOrmanae of Qortowers covenants and
<br /> x agreements. For this purpose,Borrower Irtevocably grants and convey6 to Truetee,h trust,with power of saie,the toilowlnp descrWed
<br />- property bcated !n HALL County,Nebraska:
<br /> LOT SIX (6_), BLOCK SEVEN (T), GILBER7'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA.
<br /> �� —
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<br /> " wn�cn has tne addre�s ot 1403 N GREHNWICH , GRAND ISLAND �..,=_`:�.`
<br /> , an•a c��r , --
<br /> Nebraske,fL8801 ("Property Address"); ."-_�
<br /> nv coa�
<br /> TOGETHER WITH an improvemenls now or hereafler erected on tne property, end all easements.appurtenances. and iMures now ,
<br /> or hereafter a part of ihe property. All replecement5 and add�lfons shell be Covered by Ihis SeCUrity Instrument. All of lhe foregoing �5
<br /> referred to in this Secudy Inslrument as the"Property.'
<br /> BORROWER COVENANTS that Borrower is lawfuiry seised of the estate hereby conveyed and has the right to grant end convey
<br /> the Property and that Ihe Property is unencumbered, except fOr encumbr3nces of record. Borrower warrants and wlll detend generally
<br /> ' the title lo the Property against ail claims and demands,subJect to any encumbrances of record.
<br /> 1 THIS SECURITY INSTRUMHNT combines uniform covenants (or netlonal use and non•uniform covenants with limited veriations by
<br /> � JurisdiCtion to constftute e unilorm securlty Instrument covering real property.
<br /> j UNIFORM COVENANTS. Borrower and Lender covenant and agree as tollows: � ,
<br /> - -� 1. Payment oi Principat and interest; Prepayment eno i.ate cnarges. BortOwer snau promptry pay wnen a�e - -
<br /> ; the princ�pal ot and interest on the debt evidenced by the Note and ttny prepeyment and late charpes due under the Note.
<br /> ' Z. Funds for Taxes and Insurance. Subject to appliCable law or to a written w8fver by Lender, BorrOwor Shell pay to
<br /> I Lender on the day mo�ihly payments are due under the No�e, until the Nole is pa�d in full, a sum ("Funds")for: (a) yeary taxes and
<br /> assessments whiCh rnay attem p��ority over this Securdy Instrument as a lien on the Property; (b) yearly leasehold payments or ground
<br /> rents on the Proporty,d any; �c) yearly hezard or prupeny msurenco promn�ms; (d) yearly ilood nsurance premiums, il any; (o) yearly �
<br /> morigage �nsurance p�emiums, it eny;end 1�) any Sums pflyable by Bouowe�to Lender, m accordanCe with the provisions ol parQgraph I
<br /> 8, n heu o� the pnyrr�t ol mortgage�nsurance premums. These items are Ca��ed "ESCrow Item,." Lender mt�y, pt Any time, Co��eCt
<br /> � and hoid funds � an amount not lo ezceed the meximum amount a �entler tor a tederttlly �eleteA mortgage loan may requuEt loi
<br /> NLdHASKA-Smgb PimJy�Finnio AUe/F�oJO�e Mi[ UNIFORM INdiHUMCNT Fo�m �0P0 P:90
<br /> F�07ULM�(�O.v7) Page� ol ;
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