|
� n
<br /> � � c?� '� c' cn .,-, .
<br /> , , 1 �i V`-_"'. a
<br /> � � � � � D a —� � f.��1
<br /> V7 '.� --1 �T! �
<br /> . ' � � ~} w C '� �
<br /> <-� �l �
<br /> 7 0 �7 Z '
<br /> '' � x rn ~c�n
<br /> � s� r-'�'- � O�
<br /> _ r �0., �' r zr PV,`�'-�.
<br /> � � � � _ ��� ��
<br /> :�
<br /> t.�) v` N GD
<br /> �t�TU.�''ti\l � -' �, w�.
<br /> z
<br /> � ''��LOP�; P
<br /> � ° [Space Above This Line For Recording Data]
<br /> o,N,i�,Bano DEED OF TRUST 30(0131`��—
<br /> PD B°X N� 681Q3 �
<br /> — Omaha� \
<br /> c�
<br /> THIS DEED OF TRUST("Security Instrument")is made on February 17, 1998 . The trustor is
<br /> David G. Grimes and Carol A. Grimes, Husband and Wife
<br /> ("Borrower"). The trustee is Norwest Bank Nebraska, National Association
<br /> ("Trustee"). The beneficiary is Norwest Bank Nebraska, National Association
<br /> ,
<br /> which is organized and existing under the laws of United States of America , and whose
<br /> addressis 3404 West 13th Street, Grand Island, Nebraska 68803
<br /> ("Lender"). Borrower owes Lender the principal sum of
<br /> Ten Thousand One Hundred Nine and 00/100-----------Dollars(U.S. $ 10,109.00 )•
<br /> This debt is evidenced by Borrower's note dated the same date as this Security Instrument("Note"), which provides for
<br /> monthly payments, with the full debt, if not paid earlier, due and payable on February 20, 2003 •
<br /> This Security Instrument secures to Lender: (a)the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br /> extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br /> protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br /> purpose, Borrower inevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br /> located in Hall County, Nebraska:
<br /> � � The Easterly One—Ha1f (E1/2) of Lot Eighty—One (81) and all of
<br /> Lot Eighty—Two(82), Wolfes Addition, City of Grand Island,
<br /> Hall County, Nebraska
<br /> which has the address of 548 Johnson Drive, Grand Island [Street,cicy�,
<br /> Nebraska 68803 ("Property Address");
<br /> [Zip Code]
<br /> TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br /> fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security
<br /> Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
<br /> BORROWER COVENANTS that Bonower 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. Borrower wanants and will
<br /> defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br /> THIS SECURITY INS'1_'RUMENT combines uniform covenants for national use and non-uniform covenants with limited
<br /> variations by jurisdiction to constitute a uniform security instrument covering real property.
<br /> UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br /> 1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower 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 /> 2. Funds for Taxes 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 full, a sum("Funds") for: (a)yearly taxes
<br /> and assessments which may attain priority over this Security Instrument as a lien on the Property; (b) yearly leasehold payments
<br /> or ground rents on the Property, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood insurance premiums,
<br /> if any; (e) yearly mortgage insurance premiums, if any; and (� any sums payable by Borrower to Lender, in accordance with
<br /> the provisions of paragraph 8, in lieu of the payment of mortgage insurance premiums. These items are ca(led "Escrow Items."
<br /> Lender may, at any time, collect and hold Funds in an amount not to exceed the maximum amount a lender for a federally
<br /> related mortgage loan may require for Bonower's escrow account under the federal Real Estate Settlement Procedures Act of
<br /> 1974 as amended from�time to time, 12 U.S.C. Section 2601 et seq. ("RESPA"), unless another law that applies to the Funds
<br /> sets a lesser amount. If so, Lender may, at any time, collect and hold Funds in an amount not to exceed the lesser amount.
<br /> Lender may estimate the amount of Funds due on•the basis of current data and reasonable estimates of expenditures of future
<br /> Escrow Items or otherwise in accordance with applicable law.
<br /> NEBRASKA-Sinqle Familv-Fannie MaelFrnddiw Ms�r I INIFARM uucro���e�srr
<br />
|