LOAN NO.:R9802254250-LLW QQ� ���'C'�
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<br /> grants and com►eys to Tiustee, in trust, with power of sale, the following described property located in the County of
<br /> HALL , State of Nebraska:
<br /> SEE COMPLETE LEGAL DESCRIPTION DESCRIBED IN EXHIBIT "A"ATTACHED HERETO AND
<br /> MADE A PART HEREOF
<br /> which has the address of 22pg WEST 16TH STREET
<br /> (3RAND ISLAND [City] ,Nebraska 68803 [�codel (herein" "
<br /> ProPertY Address )
<br /> TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br /> aPP'�s a�d rents (subject however to the rights and authorides given herein to I.ender to collect and apply
<br /> such rents), all of which shall be deemed to be and remain a part og the propem,crn,ered by this Deed of Trust; and
<br /> all of the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are
<br /> hereinafter referred to as the "Property";
<br /> TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated
<br /> FEBRUARY 27, 1998 and extensions and renewals thereof(herein"Note"), in the principal sum of
<br /> U.S. $ 28,000.00 , with interest thereon,providing for monthlq installments of principal and interest,
<br /> with the balance of the indebtedness, if not sooner paid, due and payable on MARCH 03. 2023 •
<br /> the payment of all other sums, with interest thereon, ad�,anced in accordance herewith to protect the security of this
<br /> Dced of Trnst; and the performance of the covenants and agreements of Borrower herein contained,
<br /> � -� Borrower covenants that Bonower is lawfully seised of the estate.hereby comreyed and has the right to grant and
<br /> comey the Property, and t1�at the Property is unencumbered, except for encumbra�es of record. Bonower covenants
<br /> that Boaower warrants and will defend generally the tifle to the Property against all claims and demands, subject to
<br /> encwnbrances of record.
<br /> UrTIFORM COVENAIVTS. Borrower and Lender crn,enant and agree as follows:
<br /> 1. Payment of Pi3ncipai and Intec�est. Borrower shail prompfly pay when due the principal and interest
<br /> indebtedness evidenced by the Note and late charges as provided in the Note.
<br /> 2. Funds for Tazes and Insurance. Subject to applicable law or a written waiver by L,ender, Borrower shall
<br /> Pay to Lender on the day monthly payments of principal and interest are payable under the Note, undl the Note is
<br /> paid in full, a sum (herein "Funds►•) equal to one-twelfth of the yearly taxes and assessments (including
<br /> condominium and planned unit development assessments, if any) which may attain priority over this Deed of Trnst,
<br /> and ground rents on the PropertY, if anY,Plus one-twelfth of yearly premium installments for hazard insurance,plus
<br /> one-twelfth of yearlq premium mstallments for mortgage msurance, if any, all as reas��bly estimated initially and
<br /> �om time to time by Lender on the basis of assessments and bills and reasonable estimates thereof. Borrower s�all
<br /> not be obligated eo make such payments of Funds to Lender to the extent that Borrower makes such payments to�
<br /> holder of a prior mortgage or deed of trust if such holder is an institutional lender.
<br /> If Borrower pays Funds to Lender, the Funds shall be held in an institudon the deposits or accounts of which
<br /> are msured °r Suaranteed by a federal or state age�c�r (i�cluding Lender if Lender is such an insdtution). Lender
<br /> shall apply the Funds to pay said taxes, assessments, msurance premiums and
<br /> for so holdin8 and applying the Funds, anal Sround rents. Lender may�t charge
<br /> unless Lender pays Bonower interest on he�Funds an� hcable�jaw��CO��1��d��e��bills,
<br /> Borrower and Lender may agree in wri pp� Pe�ts Lender to make such a charge.
<br /> shall be paid to Borrower, and �e� �aa the time of execudon of this Deed of Tivst that interest on the Funds
<br /> greement is made ar applicable law requires such interest to be paid,
<br /> Lender shall not be required to pay Bonower any interest or earnings on the Funds. I,ender shall give to Bonower,
<br /> without charge, an annual accounting of the Funds showing credits and debits to the Funds and the
<br /> wlrich each debit to the Fundss was made. The Fun�ls are pledged as additional security for the sums secu e�d by this
<br /> Deed of Trust.
<br /> ��-76�NE)laeo2l Form 3828
<br /> Fap�2 of 8
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