|
, -,� L , � � � �.,,,,�
<br /> � � � ..
<br /> ..�
<br /> i71 (J� `.,'�
<br /> � � � r� � � ' g �� z � "�
<br /> � �.� c'r,
<br /> . �C �'> y,� c ! �"` _ Q� c-> —� ::?.
<br /> �*M ��n � f!) � ' _.. l�: '^
<br /> �y � '�' � C� T� �." ^` f'1 �L�
<br /> ►�- '.� :i7 , v��
<br /> � �. ., _ � � :�
<br /> �O _ � w � . �-� �.'r,
<br /> '� � � z 1—��
<br /> � s rn
<br /> J —� 1� c� �� p
<br /> �'
<br /> w .�,�rl � (—" ! � r"�"
<br /> [j
<br /> _> w i � �
<br /> �•� � _ �.... �O
<br /> � � �
<br /> u�
<br /> C� f .
<br /> \
<br /> ��
<br /> �9pacs Abov�Thls Lin• For Recordiny Dataj `�
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST ("Securiry Instrument") is made o� March 24th 1998 . The trustor
<br /> is JAROLD A SCHULTE AND KATHERINE S SCHULTE , HU BAND AND WIFE.
<br /> ("Borrower").
<br /> Tne trustee is UNITED NEBRASKA BANK 700 N WEBB ROAD GRAND ISLAND NEBRASKA 68803
<br /> ("Trustee").
<br /> The beneficiary is UNITED NEBRASKA BANK ,
<br /> which is organized and existing under the laws of NEBRASKA , and whose address
<br /> is 700 N. WEBB RD. GRAND ISLAND, NE 68803 ("lender~).
<br /> Borrower owes Lender the principal sum of Thirty SiX ThOU88nd end OOh 00
<br /> Dollars (U.S.3 36,000.00). This debt is evidenced by Borrower's note dated the
<br /> same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, H not paid earlier, due and '
<br /> payable on April 1. 2013 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced �
<br /> �
<br /> by the Note, with interest, and ali renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, I
<br /> advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and
<br /> agreements. For this purpose, BoROwer inevocably grants and conveys to Trustee, in trust, wfth power of sale, the following described
<br /> property located in HALL County, Nebraska: �
<br /> THE EAST 100 FEET OF LOT TWO (2) OF THE COUNTY SUBDIVISION OF PART OF THE SOUTH HALF �
<br /> (S1/2) OF SECTION FIVE (5), IN TOWNSHIP NINE �9) NORTH, RANGE NINE (9) TO DONIPHAN, HALL
<br /> COUNTY, NEBRASKA AND A NORTH EXTENSION F 14 FEET BEING A PART OF THE SOUTHWEST
<br /> A RECTANGULAR PIECE OF GROUND HAVINSG A RON�GE OF 1 0 FEET 05N�THE SOU�H L NEKOF
<br /> SAID SECTION AND A DEPTH OF 195 1/2 FEET.
<br /> which has the address of 212 E PINE ST . , DONIPHAN ,
<br /> Street Gty
<br /> Nebraska 68832 ("Property Address");
<br /> Zip Code
<br /> TOGETHER WITH all improvements now or hereafter erected on the property, and all easements, appurtenances, and fbctures now
<br /> or hereaker a part of the property. All replacements and additions shall be covered by this Security Instrument. All of the foregoing is
<br /> referred to in this Security Instrument as the "Property."
<br /> BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey
<br /> the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally
<br /> the title to the Property against all claims and demands, subject to any encumbrances ot record.
<br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by
<br /> 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 wnen due
<br /> the 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 appl'�cabie law or to a written waiver by Lender, Borrower shall pay to
<br /> Lender on the day monthly payments are due under the Note, unti� the Note is paid in full, a sum ("Funds") for: (a) yearly taxes and
<br /> essessments which may attain priority over this Securfty Instrument as a lien on the Property; (b) yearly leasehold payments or ground
<br /> rents on the Property, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood insurance premiums, if any; (e) yearly
<br /> mortgage insurance premiums, if any; and (f) any sums payable by Borrower to Lender, � accordance with the provisions of paragraph
<br /> 8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items." Lender may, at any time, collect
<br /> and hoid Funds in an amount not to exceed the maxknum amount a �ender for a federaly related moRgage ban may require for
<br /> NEBRASKA-Sinyle Family-Fannis Ma�/Frsddis Mac UNIFORM INSTRUMENT Form 302e O/90
<br /> Ft029.LM0(10/97) Pays 1 of 5
<br />
|