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' � atc�alc� 3��stx�4ti� —� �� � _�'s�_ <br /> r} � �� ' —- <br /> �, . '.,� � - <br /> e+- ' . . -_� �..:,�, THIS DEED QF TRUST("Security Insuumem")is made an .The uustor is . <br /> x.. , February 12, 1998 <br /> F '" , l' a. �" __--_ <br /> �. , ' �•-.�.� <br />�p:.� ... .: , �._�_. <br /> � , Roger N. Scholz and Jennifez L. Scholz, husband and s�tife `-�;.. ; <br /> ���- . ,. . . . ' - <br /> �.; ..� ' - ("Borrower").'i'he trustce is � :.,'°_ <br />- '' "'�" Hor�est Bank Nebraska, National Association <br /> r� ;. <br /> �.. _ _ <br /> a h ' f..• �_— <br /> ', • �� l°Trustee").The beneficiF►ry is Noswest Bank Nebraska, National Associatioa . ` �,�"•='�� <br /> . , ` ���:..�, .and whose __ ---- <br /> 3:'� - -� which is organized and existing uncter tbe laws of �nited States of America ' � <br /> K`. address is Zp2 West Third Stseet, Grand Island, Ne t�},�an�.� Bo�W�owes Lenderthe principal sum of . <br /> r.; ,. . . .. �,-•. <br />_�; . . .��. ` �_Dollars N.S.� 1Q,107.50 <br /> . � ,�.�,,- -- <br />�d��:-� � Ten Thausand Oae Hundred Seven and 50/100-----------�- ' �•°��._•= <br /> "' � This debt is evidenced by Borrower's note dated the same date as this Security Instrument("1�Iote"},which provides for _ <br /> ,�. . . .. . . , .s_. <br /> �., . • • monthiy paymenu,with the full debt.if not paid earlier.dae and payable on February 20, 2003 :.{.�� <br />•:-� - � This Securiry Instrument secures to Lender.(a)the repayment of the debt evidenced by the Note,with interest.and a11 renewals. `�:�.+ -_____- <br /> ''� � � � extensions and moditications of the Note; (b)the payment of all other sums. with intcrest. advanced under ParaP,raPh� t° _'.=�� <br /> � :� � .. pmtect tbe secvrity of this Security Instn�ment: and (c)the perforn�ance of Borrower's covenants and agreements. For this -_�«, `.f•Ta_'— <br /> � purpose, Barrower irrevacably grants and conveys to Trustee. in trust,with power af sale. the foltowing described property -" <br /> ' ' ' ' : located in County,Hebraska: , . .��- <br /> . � Hall :s;N= <br /> fi..: " � � LL,_�.. <br /> _=�`•' Lot Six (6)� B1ock Three (3), Le aeights Second Subdivision, C£tg of Grand Islaad. ,,.;.y_ <br />��, ,. � , flall Couaty, Nebraska. - -,L�_� - <br /> �t �' �..:-_ --- <br /> "��` . . .t• . . - <br />��'_• �,.r.. ';;.; '.:� <br /> .- � t. ..� <br /> �Y t_ �l` �i),'.Y:i�� <br />_Y}:� _ . . ' . ._ <br /> y�: . ' . . <br />.e.� . - �StI'CCbL'I��. ... ' ... <br /> ' � which has the addmss of 231g Starduat Lane. Grand Island • <br /> : � Nebraska 68803 ("�'oP�rtY Address"): '..;,�,. • . <br /> . . (Zip Code� .. <br /> ��!: t. _. . Y ..� I`'. <br /> ����r� �� � TOGETHER WITN a11 tAe improvements now or hereafter erected on the praperty.°�d all easements.appurtenances.and <br /> • . : . . fixtures now or hereafter a part of the property. All reQlacemenu and additio p�1 also be covered by this Security .: <br /> '�,, • ln�trument.AU of the foregoing is referred to in this Securiry Instrumen[as the"Pro e ..:::;�t,:; ,: <br /> BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby canveyed and has the right to grant and <br /> ' convey the Property and ihat the Property is unencumbered. except for encumbrances of record. Borrower warrants and will <br /> • � � � defend generally.the tide to the Propeny aga�nst all claims and demands,subject to any encumbrances of record. . � <br /> THIS SEGURiTY 1NSTRUMENT rombines uniform covenants far national use and non-uniform covenants with limited <br /> � • � ' variations by jurisdiction to constitute a uniform security instrument covering real property. • . <br /> UNIFORM COVENANTS.Borrowcr and Lender covenant and agree us f�flows: . . <br /> � 1. Payment of Pcincipal and Interest; Prepayment and Late Charg�. Bonower shall prompdy 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. Funds for Tox�and lnsurance. Subject to applicablc law or to a written waiver by i.cnder. 8urn�wer shall pay to <br /> •� � Lender on the day monthly paymcnts ure due undcr the Note.until the Note is paid in full,a sum 1"Funds")for:(a)yearly tates <br /> :uid asse5sments which may attain priariry ovcr this S�urity Instrument as a lien on the Property:lb)yeatly leaschold payments . <br /> - or ground rents on the Property.if any:lc)yearly hatard or properly insursnce premiums:ld)yearly ilood insuranc�e premiums. . <br /> ' if any: (e)year{y mnrtgage insurance premiums, �P any: and (fl any �ums payabie by Borrn�ver tu Lender, in accordance with <br /> � • � the provisinnx of paragraph 8, in lieu of thc payment nf mortgagc in.urance premiums.Thc,e items are called"�'scrnw Items." <br /> "'Y�'" . � • Lendet may. at any timc. culleci and hotJ Funds in an amount noi to exceed the maximum amount a lcnder for a fcder�slly " <br /> �:• . <br /> relatecl mortgage loan may reyuire for Bonower's escrow account under the federal lteril F.state Settloment Procedures Act of . <br />'r• ;� 1974 uc amended from time tn nme. 1Z U.S.C. Section 2601 et scq. ("RE5PA"). unless anothcr law that applics w the Funds : <br /> � sets a lesser amount. If so. Lender may. at any time,coliec►and h��ld Funds in an amount not tu exceed the Iesser �n�unt. <br /> . Lender may cstimate the amnunt of Funds due on the basis e�f current duta nnd rea�un:►ble estimates of expenditures of future <br /> �, � � Escrow items or otherwise in accordance with applicable law. . • <br /> . _" ' ' ' ' . <br /> ...__ ., • ; <br /> __ .._, .__,,.. •� form30289190 . <br /> . 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