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<br />�: � THIS DEED OF TRUST("Security Instrument")is made on February S, 1998 _�e�or is _ __ --
<br /> F .'...�,(. ..,
<br /> . _-•�, ,' Patrick J. Rellogg aad Diana L. Rellogg, husbaad aad wife .�l.__
<br />_ l:y.v.
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<br /> • , : . (°Bomower").The tmstee is Nora7est Bank Nebraska, National Assuciation ,.. ,;; .`-_—_
<br /> �-
<br /> ('Trustee").The beneficiary is Norwest Bank Nebraska, National Association ``-=m
<br /> ��:�_
<br /> . '.;,: � __ _.--
<br /> : -'r;-: which is organized and e�cisting under the laws og ��ted States of America ,��ase • . ��"
<br /> ' � address is 202 Weat Third, Grand Island, NE 68801 _ _
<br /> �� ("Lender").Borrower owes Lender the principal svm of _;�.,�� .'-�v=.
<br /> . , . `, `:�.���"I Ff€¢een thousand Sollar9 and 00/I00� Dallars N.S.$ 15,000.00 � .� , ;"__-
<br />.- . . . ,.y.'��... 3_
<br /> ' This debt is evidenced by Borrower's note ctated the same date as this Secubi�jr��s���c("1�Iote"),which provides for _
<br /> . . , momlily payments.with the fuU debt,if not paid eaFlier,due and payable on • • ., -
<br />° ;. This Sec�uity lt�strtua�e:.�secures to Lender:(a)the rcpayment of the debt evid�ced by the Note.with intrrest,and all renewals, _• :��-
<br />.. • extensions and modifcations of the Note: (b) the payment of all other surns. with interest. advane.ec�under paragraph 7 to • ---
<br /> ' protect the security of this Security Inswment: and (c) the performance of Boaower s eovenants and agreements_ For tlus r� �:___� _
<br /> � u ose. Borrower irrevocabl ts and conve s to Tnutes. in mut. with wer of sale, the followin described rTO � ��*r• '
<br /> � ' . . P rP Y 8� Y P� . 8 Pertl+ ��;-
<br /> � ' •' •• located in Hall Counry.Nebraska: -'��. -
<br /> .. . , ,, . �'_=
<br /> � � Lot Nine (9), Colonial Eetates Ninth Subdivisioa in the Citq of -� _--_
<br /> �� � Grand island, Hall County, Nebsaska . �-.
<br /> .t . . . ',� - . _-_
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<br /> , �� TBIS DEED OF TRUST SECURES AN OPEN LND REVOLVING LINE OF CREDIT. . '`��'
<br /> I ' � ;�.
<br /> • ; � � :•!; SEE ATTACHED HOME EQUITY LINE OF CREDIT RIDER . . ��'1'
<br /> . ' .1; Grand ISland ,
<br /> _ �� which has the address of 311Z Dixie Sqrare ���'•�'�'�• ° .
<br /> Nebraska 68603 ("Property Address"): � ., •
<br /> .. ;•� (zipCodc� • , `
<br /> .�
<br /> � TOGETHER WITIi all the improvements now or hereafter erectcd on the property,and all easen►ents.appurtenances.and . . .• : :
<br /> � '� fixtures now or hereafter a part of the property. AU replacemenu and additions shaU also be wvered by this Security � '
<br /> . ' ' . . � ' :i� Instrument.AO of tt;e foregoing�s referred to in rt;:s Securiry Instrument as the"Property." � .�
<br /> :��:' BORRdWER COVEIVANTS that Burruwer»lawfully seised of the estatc hcreby convcycd and has thc right to grant and -_ .. - -
<br /> ��� . � . wnvey ihe Property and that the Property is unencumbered. except for encumbrances of record. Bonower warrants and will •� . _
<br />. .. ,�• defend generally the titic to the Property against all claims and demands.subject to any encumbrances of recard. �
<br /> : t THI5 SECURITY 1NSTRUMENT combines uniform oovenants for national use and non-uniform cavenants with limited � -..
<br /> � ' � ` variations by jurisdiction to constitute v uniform Security instrument coverin�real pmperty. . ; . ,,.
<br /> ' : ' i UNIFORM COVENANTS.Borrowcr and Lender rnvenant and agree as follows: ' :
<br /> � 1. Payment of Principal and Interest; Prepayment and Late Chargcs. Bonower shall promptly pay when due the
<br /> principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br /> � Z. Fund9 for Taxes and lnsurance. Subject ta applicable law or to a written waiver by Lender. Borrower shall pay to . . .
<br /> . Lcndcr on thc day mnnth�y payments are Jue under the Note.until ihc Note is paid in full,a sum("Funds")for:(a)yeariy taxes � �
<br /> � � and assessments which may atwin priariry over this Security Instrument as a lien on the Property: (b)yearly leasehold payments �
<br /> � . � or ground rents on the Pmperty.if any;(c)yearly hazard or property insurance premiumr:!d)yearly flood insurance premiums. ' '
<br /> � if any: (e)yearly mortgage insurance premiums. if any: and(� any sums payable by Bonower to Lender. in accordance with • .
<br /> • the provisiuns��f paragraph$, in lieu of the payment of mortgage insurance premiums.'fhese items are called "E�;crow Items." .
<br /> L.ender nr�y, ut any time.caUxt and hold Funds in an amount not tu exceed the maximum amouni a lender for a federally . , .. .. :
<br /> �' ; ' related m��Rgagc l��an may reyuire for Borrowcr's escrow account under the federal Re�al Estate 5ettlemcnt Procedures Act of __ . . .
<br /> � • � � 1974 us amended from time tu time. 12 U.S.C. Section 2601 et sey. ("RE5PA").unlcss anothcr law that:�pplies to the Funds •
<br /> '' • seis a Ie�ser�unvunt. If so. Lender may,ai any time.collect aod hold Funds in an amount not tn exreed the lesser amount. � : ,
<br />. �. ' Lender may estimate thc amuunt of FunJr due�m the basis uf cunent data and reaWmablc estimateti nf expcnditures of future .
<br /> � , Escrow Item�ar utherwise in accordance with upplieable la�v. , .
<br /> -.- ., .. R{SC.;ASKA-Singla fam:l�f�rtn3a!1l�lfrad�Pdac!!P2lfQRN!!!1!&TRUMEt4T Form 3828 Sf3tf . • � _
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