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<br /> � '' Bank Plebraska.N•A. DEED OF TRUST � ' �-
<br /> �#�Norwest �-o,s-u � �' �}�;�;� ��' � =
<br /> � P0.Box 34Q8 a�� .� . ,. .,_�.�::;-
<br /> - ., Omaha�Nebrasl�a 6�103 \c .,� ;��,��
<br /> �. =y_.�___
<br /> -. . S — � ,��-�_,-_^.
<br /> • • .The trustor is _:-';Y��
<br /> '. �' ' THIS DEED OF TRUST l"Security Instrumettt")is made on March 3, 1997 . ;�_T_�✓�
<br /> Husband and Wife -�-'�
<br /> . Marvin L and Jeanne F Webb, •�`��y`�,-_
<br /> --�-- ("Borrower")•The truscee is Norwest Bank Piebraska, National Association `�¢���.__�_-
<br /> i, '.`.� ;i -
<br /> ("Trustee").The beneficiary is Norwest Banlc Nebraska, 13ational Association `+�,:.;
<br /> : . .and whos� �
<br /> � which is organized and existing under ihe laws of the UAited States of America -�-�- _
<br /> � address is 3404 W. 13th St, Grand Islaad, NE 688Q3 �„�nder").Borrower owes Lender the principal sum of -
<br /> � Dollars N.S•S 34,000.00 �' ,--_. .s;` '. -
<br /> � " 'rhirty four thousand and no/100— �'3; ,; �
<br /> This debt is evidenced by Borrower s note datea the same date as this Security Instrument("Note").which provides for � _ .
<br /> mon t h ly payme n t s,w i t h t h e�.:1!debt,if not paid earlier,due and payable on March 5, 2002 ' : �� -.'' � .
<br /> This Securiry Inswment secwes to Lender:(a)the repayment of the debt evidenced by the Note.wi t h interes t.anP a�l�re h?`o '', ���'�._;,i� .'_
<br /> � extensions and modifications of the Note: Ib) thc payment of aU other sums, with interest. advance� under aza P � ::�,,:. `
<br /> protect the security of this Security Instrnment: and (c) the performance of Borro�ver's covenants and agre�ments. For this .. �;,, ,_
<br /> � purpose, Borrower irrevocably grants and conveys tn Tru�tee. in trust. with power of sale, the following d�Q ry P��� ,�° ; •�`
<br /> iocacai;�� iiaii ,.. �w=
<br /> ' �a,..
<br /> , �"":= �_ _
<br /> � Lot 5, Block 9, Wallicha Addition, City of Grand island, Aall � �*^'�^�
<br /> � - -_
<br /> !�'•�;=-- - _
<br /> County, Nebraska. �:. �� `--
<br /> _ �,_�`�:-
<br /> � �.`'q�"'.
<br /> �..�w:r;° _
<br /> �:��.:s?:.*�J"�_--
<br /> . (Street.Ciry�. ��*w��:
<br /> • which has the address of 1223 W Sth St, Grand Islattd �,rrt;�±.-•.
<br /> ." � � Ncbraska 68801 ("Property Addre�s"): _.� __
<br /> .,,
<br /> � IZ�P Codcl ;+r.�� �;:,s.��'��:. .
<br /> TOGETHER WITH all the improvements now or hereafcer erected on the property.and a1�easements,appurtenances.and ,;:_�::; ,
<br /> • fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by thi� Security ` � � -
<br /> .i•,.
<br /> Instrument.All of the foregoing iti referred to in this Security Instrument as ihe "Property." ,,�;,",,,�
<br /> BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and .
<br /> • convey the Property and that the Property is unencumbered. except for encumbrances of record. Bonower warranu and will � a._°
<br />� • defend generally the title to the Property against all ciaims and demands,subject to any encumbrartces of record. _ �� .,
<br /> �'
<br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited �:J�y i_'
<br /> variations by jurisdiction to constiwte a uniform security instrument covering real properry. F,
<br /> UNIFORM COVENANTS.Borrower and�epayment a d LaterCharges�Borrower shali promptly pay when due the �� � -
<br /> 1. Payment of Principal and Interest: _-
<br /> principal of and interest on the debt evidenced by the Note and any prepayment and Lzte charges due under the Note.
<br /> 2. Fun d s!o r T a x e s and Insurance. Subject to applicable law or to a written waiver by Lender. Borrower shall pay to
<br /> Lender on the day monthly payments are due under the Note.until the Note is paid in fult,a sum("Fun ds")for:(a)y e a rl y taxes �
<br /> ' and assessments which may attam priority over[his Security Instrument as a lien on the Propeny: (b)ycarly leasehold payments —
<br /> . .. . or ground rents an the Praperty. if any:(c)yearly hazard or property insurance premiums:td)yearly flood msurance premiums. . . .
<br /> if any: (e)yearly mortgage intiurance premwms. �f any:and (fl any tiums payable by Borrower te� [..ender. in accardance with
<br /> � the provisions uf paragrapfi R, in Geu of the payment o(mortFage imurance premiumti.The�e items are called"E+cmw Items." _
<br /> • (,cnder may. at any time. cullect and hold Fundti in an amount not to exceeci thc maximum amount a lender for a federaliy _• _� +.« `
<br /> related murtgage Ic�an may reyuire G�r Borrower',eticrow urcount under the fcderal Rwl Estate Setdement Pracedureti Act of
<br /> I973 a+amended from tirtie to time. 12 U.S.C. Section 2601 er sey. 1"RESPA").unles+another iaw thai applieti ta the Funds . _
<br /> • ,ets a Ie��er amount. If s<�. [.ender m�y. at xny Ume. a�Uect and hoW FunJ�in an am��unt n+it to exce«i the le+�er amount. —
<br /> • . Lender may e.tim�ie the amoum uf fiunJ�due�m the hasis c�f current data �nJ reasonable estimate<<+f expendiwres of future
<br />_ �� Escraw Item���r otherwi�e in arcurdance wilh;�pplirable law. .- —
<br /> ` NEBRASKA•Smgle Fam�ivfannle Mae/Freddio Mac UNIFORM INSTRUMENT Form 3028 Si98 - - � '
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