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<br /> �( � � THIS OEED OF 7AU3T`'Securfty tnstrumentq is made on Msf N 1 1598 . The trustor � • '_ _
<br /> . ` •. • is MICHAEL G GRIMES AND ANN M aRIMES H SB NO D WIFE • _
<br /> � . ("eorrower'�. -- , -�
<br /> ' �. rne m,stee�s UNIYEA NEBRASKA BANK 700 M WEBB ROAD GRAND ISUWD NEBAAS[w s�sue ��ssee�. � _—
<br /> ' . The beneftCiary is U ITED EBA�' B N� �p�.� el1Q Wh058 SdQ(e^•+S : • �?
<br /> . � which(s organimd and wcisttn9 under ths laws ot ('Lender'}. "
<br /> ' � � is 700 N. WEBB RD. GRAND{SLAND E 68803 � . � --
<br /> <.�'t.' . , ...__::.. `- Borrower owes I..ender the principal sum ot FiftV Four Thousend erld 00/100 • �' "'
<br /> Dot►ars(US.S _54.OD0.00). Thts debt IS evtQenced by Borrawefs note Qated the _
<br /> �� �� ' same date as this Securftyr Insuument ("Note'},whkh provides tor monthry payments.wftA the tuli deb� ff not patd eart►er,due and • -_
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<br /> payabte on Aptil 1. 2013 . This Securityr fnsuument secures to Lender.(a}the rapayment of tha debt svidenced
<br /> . , � Dy the Note,with tnterest,end all renewats,extensions and mod'dicattorts�t the Note: (b)the payment ot all other sums.wfth tntetast, :`-
<br /> � . ..� advanced unQar paragrayh 7 to protect the secu�ityr of this Securiry instrumen�and(c�the perfortnance of Borrowers covenants end � ,Y_
<br /> apreements. For thts purpose.Bortower trrevocaby granis a�d conveys to Trustee,tn trust.wRh power of safe,the foQowing Qescrbed � �
<br /> • ' • � ` • proPerty tacated in NALa. County.Nebreske: �' `:
<br /> LOT SEVEN (7), LAKE DAViS ACAES FOURTFI SUBDMSION, HALL COUNTY, NEBRASf�A. . .
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<br /> • � �• wn�cn has tne address o�4799 DEVA DAIVE _ .GqAMD ISLAND --• � .• �
<br /> , •��. . ' � �uosi Q�Y .
<br /> Nebraska 68801 ("Property Address"); - • �
<br /> � •- Zip CoCO . .
<br /> � � TOdETHER WITH ail Improvements now or hsreafter erected on the properSy,end ail easements.9opuRenances,and tbctures now . •
<br /> •.. • or hereafter e part o1 fhe property. Atl replacements and additions shall be co�ered by this Security Instrument. All ot the foregoing Is , .
<br /> • � � reterted to in this Securiry Instrument es the"Property." � .
<br /> ' BORROWER COVENANTS that Borcower Is lawfulty seised o}the estate hereby conveyed and has the dght to grent and convsy .
<br /> the Property and thal tho PropeRy is unenCUmbered,eucept for encumbrances ot record. Bortower warrants and wiU detend gener8ly
<br /> the titte to the Property against atl c�aims and dsmands,subject to any encumbrances of record.
<br /> • - THIS SECUFIITY INSTRUMENT Combines unHorm covenants tOr natlonel use end nort•uniform Covenants with limited va►lations by .
<br /> � ' ' Jurisdiction to constitute e uniform securiry inswment covedng real property.
<br /> � � � UNIFORM COVENANTS. 8onower and Lender covenant and agree as foltows:
<br /> ; ; 1. Payment ot Principa!a�id Interest; Prepayment and Late C4fargea. Bonower Sha11 promptiy pay when due
<br /> ' the principal ot and Interest on the debt evidenced by the Note and any prepayment and late charges due undEr the Note.
<br /> : . ' � 2. F�ands tor Taxes and Insurance. SubJeCt to appl'iCeble law or to e written wg�Yer by Lender, Bortowet Sh80 p8y to i ..
<br /> i Lendor un the day monthly payments are due under the Note, until ihe Note is pald In}utl, a sum ("FUnds")tor: (a) yearty taues and '
<br /> �! assessments whiCA may attain priority over this Security InsVument as a lien on the Praperty: lb)yea►ty Ieasehotd peyments or ground
<br /> ��� � '1 rents on the Property, i}any; (c)yeariy hatard or property insurance premiums; (d) yearly ilood insurance premiums, if any; (e)yearly I
<br /> � mortgage insurance premiums, i}any; and(q any sums payable by Borrower to Lender, in acCOrdance with the pro�isions of paragreph f .
<br /> � 8, in lieu of the payment of mortgage insuranCe premiums. These items ere cali9d "EsCrour Items." Lender may,at eny time. col(ect I ._
<br /> , and hold Funds in a� amount not to exceed the maximum amount e lender for a }edete�ly related mortgage loan maY rrm�o2e�eo � � .
<br /> � ' - NEBPiASNA�S�nqio Fim��y�Fann:o�dao6reedw Mac UNIFORM1I tNS7HUMENT {{{ •
<br /> - � ' F�o79LM.0(�0/9Y) Pago � of 5 I ' .
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