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<br /> ''�.� DEED OF TRUST �r�wT=;�. �
<br /> -
<br /> „ ___
<br /> . 'r THIS UEEO QF TRUST('Secu�ity Instrument") Is made on February 12th 1998 . The trustor �i�
<br /> � is C3e 0. Bartel A ain le erson -�
<br /> _ -- _ — ('Borrower'). -
<br /> � The wstee is Union Bank And Trust Company P O. 6ox 5166 Grand Island, NE 68802 �;
<br /> � (Trustee), __
<br /> The benenclary Is Unlon Bank and Trust Co. � -
<br />- � which is organixed and existing under the laws of the State of Neb�eska , and whose addrosa -_-
<br /> Is 200B No�th Webb Road Grand Island NE. 68801 ('Lender'�. �
<br /> Borrower owos Lender the pdncipal sum of Fo Two Thousend a d 00 100 S.i
<br /> Doilers (U,S.$ 42.000.00). This debt is evidenced by Borrower's note dated the
<br /> �'• same date as this Security Instrument ("Note'), which provides tor monthiy payments, wfth the tuli debt,It not pald earlier, due and __
<br /> payable on MarCh 1. 2028 _�. This Secur(ty Insirument secures to Lender. (a) the repayment of the debt evidenced ----
<br /> by the Note, with Interest, and ail renewals, extensions and modiflcatlons ot the Note; (b) the payment of aA other sums,with interest,
<br /> advanced under paragraph 7 to protect the security of this Secudty Instrument; and (c) the performence o( Borrower's covanants end
<br /> A� agreementa, for this purpose. Borrower Irrevocably grants and conveys to TNStee, In trust, with power of sale,the tollowing described
<br /> %� property located in Hell _ County, Nebraska:
<br /> "` ' Lot Ten (10) in Block Ntne (9) In Ashton Place, as addition to the Ctty of Grand Island, Hall County, _
<br /> � �T Nebraska.
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<br /> which hes the address of 2515 W. Charles . Grand Island _�'"'ti ,�' `;"
<br /> su��� cnr �-�?,.",'�F: .
<br /> i � -
<br /> Nebreske 68803 ("Properly Address"); '•�.r�_ � � �
<br /> I Z�p Cotle � , �
<br /> TOOETHER WITH all improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now
<br />- or herearier a part of the property. All replacements and additions shall be covered by this Securfty Instrument. All of the foregoing Is ,
<br /> referred to In ihis Security Instrument as the 'Property.' '
<br /> � BORROWER COVENANTS that Borrower Is lawfully selsed ol tho eslate hereby convoyod and hes the rlght to grant end convey
<br /> the Property and that the Property is unencumbered. except(or encumbrences of record. Borrower warrents and wlll deteiid generally
<br /> the tille to the Property against ali clalms and demands, sub�ect to any encumbrances of racord. I
<br /> THIS SECURITY INSTRUMENT combines unlform covenants for nalional uso and non•uni(orm covenants with Ilmited variations by
<br /> . jurisdiction to conslitute a unitorm security instrument covering real property.
<br /> . r.uc►ie►�re G......�..n.unrl 1 on1'In�Pf1VPtlAf1�At1CI(iUrEQ 0S IOIIOWS: .
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<br /> urvirvnm vv......+�..... .. ------ -—
<br />' i 1. Payment of Princlpal�and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due � - -�---
<br />- � the principal oi and interest on the debt evldenced by the Nole and any prepayment and late charges due under the Note. E
<br /> 2. Funds for Taxos and Insuranee. Subject to applicable law or lo a wrinen weive�by Lender Borrower shall pay lo
<br />� � Lender on the day monthly paymenis are due under the Note, until the Note Is pPid in full, e surn('Funds") lor: (a) yearly taxes and �
<br /> assessments whleh mny ariain priority over this Security Instrumenl as a lien on the Property; (b) yearly leasehold puyments or ground !
<br />- ' renls on the Property. i( any; (c) yearly hazerd or property i�surance premiums; (d) yearly (lood insurance premiums, i( any; (e) yearly j ,
<br /> mo�lgAge insurance p�emlums. if any: nnd (� any sums payable by Borrower to Lender, in accurdanco wilh the provisions ol paragraph �
<br /> I
<br /> 8, in lieu of Ihe p3ymenl oi morigage insurance premiums. These items are called "Escrow Nems-' Lender may, al �ny time, collecT �
<br /> und hold Funds �n an amount not to exoeed the maximum t�mount a lender 1or a tedeialiy related mortgage loam m�y roquirc for
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