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<br /> [tipace Ahu�c Thi�I.ine For Recordin�DaW I � ,� 4'/�L�.'!'�!�G L_ �r ' , ` ` -
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<br />. � ��N�st Bank Nebtaske. N,A. �EED OF �RUST �y��-� � � � �-�.'_,�-:
<br /> P.O.�ox 3408 � - � °`.: -
<br /> Nebrastc� f�103 yr . �° .-`�,�"�.
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<br /> THIS DEED OF TRUST("Security Instrument")is made on February 27, 1997 .The trustar is :� .„
<br /> ` . .��.''y--
<br /> � Paul T. and Peggy I.. Meyer, Husband aad Wife �'-'�`
<br /> �:saa�.=
<br /> ,` .. ,<rT
<br /> ("Borrower")_ The trustee is Norwest Bank Nebraska, National Association � ^ . --
<br /> :�-�� �.
<br />- " ("Trustee").Thebeneficiary is Norwest Bank Nebraska, National Association �`;�� '-�'s� —
<br /> .t'f �'
<br /> which is organized and existing under the laws of the United States of America .and whose � �' � � `�-
<br /> .�;. �; ,
<br /> '' address is 3404 W. 13th St, Grand Island, NE , } .:' °'
<br /> ' ("Lender"). Borrower owes Lender the principal sum of . '„�;•. . , : .,-�
<br /> �� -
<br /> _ - ---�:-�a-':-.`�.';
<br /> 'it�enty t�ousand nine hundred fifty seven and noJ100— Dollars(U.5.3 20,957.00 >• - ;�_ ��`
<br /> 'I'izis debt is e�•idenced by �orrower's no[e dated the same date as this Securi� Instrument("Note").whichprovidesfor '',,�°��;� ;>_•" '
<br /> �or.thly pa�cnents. with the fu91 debt.if not paid earlier,due and payable on February I4, 2003 ' � t� �,
<br /> � • This Securiry �n�rument secures to L.ender:(a)the repayment of the debt evidenced by the Note,with interest,and all renh al`� ; :
<br /> � extensions and modificaaons of the Note: (b) the paymen[ of all other sums. with interes[, advanced tmder paragrap .�: __
<br /> protecc the security of this Security Instrument: and (c) the performance of Borrower's covenants and agreements. For this �� !_-
<br /> ' purpose. Horrower inevocably grants and conveys to Trustee, in trust, with power of sale. the following described property ___
<br /> . located in �11 County. Nebraska: _;-. � ---�-
<br /> . . :.,,. �,!_r
<br /> �� _
<br /> ��� ,�'
<br /> �� Lot 7, Block 5, Boggs �nd Hill's Additioa, City of Grand -�5:��,��_
<br /> � Isband, Hall County, Nebraska. �'. '�-`''-_
<br /> � ��•:� - �'��'
<br /> . . • �. ,,��
<br /> _; �-�o.d.m�..;=`° _
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<br /> which has the address of
<br /> 1927 W. 12th St, Gsand Island �s�rec�,c�ryt. � ,
<br /> : "Pro rt Address"): �T„�_
<br /> ' Nebraska 68801 � � Y . .
<br /> ;:�;� �ZipCode� t��1 -
<br /> s:1�.3
<br /> TOGETHER W1TH alt the improvements naw or hereafter erected on the property,and all easements,apaartenances,and `.a,:,xi___, .'�'
<br /> " � fixtures now or hereafter a part of the property. All replacements and additions shaU also be covered by this Security -�v;-—�
<br /> Instrument. All of the foregoing is referred to in th�s Security Instrurnent as the"Property.' � � • : :,,��
<br /> BORROWER COVENANTS that Bortower is lawfully seised of the estate hereby conveyed and has the right to grant and - ! •
<br /> c o n v e y t h e F�e p e rt y a n d t h a t t h e P ro p e n y is unencumbered,exce pt for encumbrances of record. Borrower warrants and w:'.i ,__, a.y�s�.T,; �`
<br /> defend generally the utle ro the Property against all claims and demands,subject to any encumbrances of recard. ���,�,�;�,���..,•
<br /> TH1S SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenanu with limited ;. . .
<br /> �ariations by jurisdiction to constitute a uniform security instrument covering real property. '+'""*�"�'"�9
<br /> � UNIFORM COVENANTS. Bonower and L,ender covenant and agree as follows: �'�-*�z�°� _�'�
<br /> � 1. Payment of Principal and Interest; Prepayment and Late Charges. 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 /> - l. Funds tor Taxes and Insuranee. Subject to applicable law nr to a written waiver by l.ender, Borrower shall pay to
<br /> Lender on the day mcmthly paymeniti are due under the Note,until the Note is paid in full,a tium 1"Funds"J for:(a)yearly taxes . :
<br /> and a�sessments N+hich may attain priority aver this Security Instrument as a lien on the Propeny: 1b)yearly leatiehold payments , �•.
<br /> ' or ground rents un the Property,if any:(c)ye:�rly h:uard or praperty insurance premiums: Id)yearly flaod insurance premiums.
<br /> • if any: Ie) yc�ar�Y mortgage in�urance premiums. �f any: and(fl any sums payable by Borrower t� Ixnder. in accurdance with , r '
<br /> � the provi�ionc uf para�raph 8. in lieu of the payment of mortgage insurance prcmium.. These itemc are called "Escrow Items." • .
<br /> Lender may, at any time. collect and hold FunJs in an amoum not to exceed the maximum xmaunt a lender for a federally , ; �._,
<br /> ' related mortgage lnan may require for Borrower's eticrow acci�unt under the federal Real E+tate Senlement Procedure.r Act of , �
<br /> - 1974 es amenJccl from time to timr, 1? U.S.C. Section 2601 er seq. t"RESPA"�. unle+��nrnher la�v th�t applies tu the Funds • !.
<br /> ,et�a Ies+er amount. If.u. Lender may, at any time. cullect and h��ld FunJ.in an amount nut eu excced the les.er am+�unt. • � "'
<br /> . Lender may estimate the amount of Fundti Jue on the hatiis of curtent data and reasonable e.timateti nf expenditure.of future
<br /> , ' F.+rrow Item.��r otherwitie in accordance with applicahle law. . • -
<br /> NEBRASKA-Smgie Fam�ly-Fnnnlo Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 9190 • " ' �
<br /> �NI 12T97 MTti o1AV MOpTGAGf FOQtAS 3t7�T9i BtOU •HU0.51•nQ� �,,,�,,.,a qmencMd 6/97 � . � I �
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