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<br /> DEED OF TRUST
<br />- THIS DEED OF TAUST("Secur�ty Instrument')Is made on
<br /> Februar 9ti 1998 . 'rr+e trustor
<br /> —_—__, _____ � qp�npt�. � SKALKA AND MARLA K SKALKA USBAND AND I E
<br /> • (•Borrower")•
<br /> The tmatee�s UNITED NEBRA�KA BANK 700 N WEBB ROAD GRAND ISLAND NEBRASKA 68803 �„Trustee"�.
<br /> - • �
<br /> ' The baneftclary Is UNITED NE FiAS BANK NEBRAS , and whose address
<br /> whbh is organlzed and existhg under the laws of ('Lender').
<br /> is 7 0 N. WEBB RD. GRAND ISLAND E 68803
<br /> BeROwer owes Lender the pnc�pal sum of E,,,� tV ne Thousend end 00/100
<br /> DoNars (U.S.i 81.000.00). This debt Is ovldenced by Bonowere note dated the
<br /> same date as this Securiry InswmeM ("Note"),whbh provides tor monthty payments, wfth the tull debt,if not paid earUer. dus and
<br /> payable on Merch 7.2013 . This Security Instrument secures to Lender: (a)the repayment ot the debt evidenced
<br />` by the Nole, wkh intereat, and ell renewals, extensfons and modif�atlans of the Note; (b) the payment of alt other sums,wfth hterest,
<br /> advanCed under paragraph 7 to protect the SecurRy of thls SecurRy Instrument; and (C) the peAormence of Borrowere cOVenants and
<br /> _ . aflreements. For this p�rpose,Bortower h HALL grants and convey8 to Trustee,In trust,with power of sale,the tolbwin9 described
<br />_ , property located In County,Nebraska:
<br /> � LOT TWENTY-0NE (21),EAGLEWOOD ACRES SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />�S'y
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<br /> wr,�cn nas tne address of 4222 STONERIDGE PATH , GRAND ISLAND �_rz�
<br /> _ Gty �'•-
<br /> su�ei
<br /> :.a-.-.�•_
<br />_ Nebresk8 68801 ("Property Address");
<br /> Z�p Cod•
<br /> 70GETHER WITH all Improverr�ents now or hereafter erected on the property,and all easements, appurtenances, and fbctures now ,..}:
<br /> or herearier a pert of the property. All replaCements and addRlons shall be Covered by this Security Instrument, All ot the forepoing IS
<br /> referred to in this Security Instmmenl as the "PropeRy."
<br /> BORROWER COVENANTS that Borrower Is �awfully sefsed of the estate hereby conveyed and has the right to grant and convey
<br /> the Property end thet the Property�s unencumbored, except for enCUmbrances of record. Bortower warcents and wdl defend generally
<br /> the title to the Property agefnsl all clalms and demands, subJect to any encumbrances of record.
<br /> THIS S�CURITY INSTRUMENT combines uniform covenants tor natlonal use end non•unNOrm covenents wlth Ilmited variations by
<br /> _ ._._.. ._ furlsd�tlon to Constilute a unitorm securqy tnstrument covering reel property.
<br /> _ -- ._.._..._.
<br /> UNIFOFtM COVENANTS. BOtrOwer lln0 Len09r covenant ano ayio6 na�����..a. when due
<br /> - 1 1. Peyment of Princlpal and Interest; Prepeyment and Lete Cha�ges. Borrower shnll promptiy paY
<br /> � the principnl ol 8nd'nterest o�the debt evidenced by lhe Nole and any prepayment end �ate charges due under the Note.
<br /> I 2. Funds for Taxes and Insuranee. Subject l0 8pp��cuble �aw or to a writlen waiver by Lender, Borrowe8rl h81exes and
<br /> �.pndor on the day monthy pnyme�ls Ure due under the Note, unlfl the Noto is paid �n full, a sum("Func�s")for: (a) y Y
<br />- j asses�monts which mey attam priordy over this Security Instrument as a li�n on the Propeny;(b) yearly leasehold paymonts or ground
<br /> I ren15 on the Property, �� eny;(c) yearl hezard or property nsurunce preRlums: (d) yearly flood Insurance premiums, i(eny; (e) yearly
<br /> Y I
<br /> • morigage insurance prem�ums,if any; and (f) any sums payable by Borcower to Lend9r, in acCOrdance with the provisionS ot paragraph
<br /> ' 8, n I�eu of lhe pflyment of mortgage insurance premfums. These �temS ere called "Escrow Ilems' Lender may, et eny tfine, colleCl i
<br /> - and hold Funds in an amount nol to exceed the maximum amount a �ender tor a federally relatod mortguge loen maYo�mQoisa vteo
<br /> NtEfNASKA�3�nBle FamnyFann�o Maad�oaa�s Mu UNIFORM 1NSTFtUMENT paqa 1 oi 5 I
<br /> k t 07ll l MO(�0/B))
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