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� � . . � f� (� rn n n � x y ;�, r� � _ c_� �„ m cn � � n z c�' `: �:.: � C� � " a :r� --± � � 00 � ., ` �, � — � =,�; � � � c.a � � '7 ' � �� .� f—�' • '�. .�— '� � f%1 '11 � � � `�. C 7 � � ._' (.._ :::7 •-� r ;, = ,-- _ rv � m � v � � n �- �n � � �� •O � �� c�i � .—�i. � O �Spac• Abov�Thl� Un� For Rscordiny DataJ \ J � DEED OF TRUST THIS DEED OF TRUST ("Securky Instrument") is made on March 26th 1998 . The trustor is KRAIG D GARRISON AND BRENDA L GARRISON . HUSBAND AND WIFE ("Bonower^). Tne trustee is UNITED NEBRASKA BANK 700 N WEBB ROAD GRAND ISLAND NEBRASKA 68803 (^Trustee"). The beneficiary is UNITED NEBRASKA BANK which is organized and existing under the laws of NEBRASKA , and whose address is 700 N. WEBB RD. GRAND ISLAND. NE 68803 (^�ender"). BoROwer owes Lender the principal sum of SixtV TWO ThOUBand FOUr HUndr'Ed 8nd 00/100 Dollars (U.S.S 62.400.00). This debt is evidenced by BoROwer's note dated the same date as this Security Instrument ("Note"), which provfdes for monthly payments, wkh the fuli debt, if not paid earlier, due and payable on April 1. 2028 . This Securfty Instrument secures to Lender: (a) the repayment oi the debt evidenced by the Note, with interest, and al� renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, wfth power of sale, the following described property located in HALL County, Nebraska: LOT TWENTY-NINE (29) IN FONNER VIEW SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. which has the address of 1103 EAST NEBRASKA AVE , GRAND ISLAND Strsst �tY Nebraska 68801 ("Property Address"); Zip Cod• TOGETHER WITH all improvements now or hereafter erected on the property, and all easements, appurtenances, and foctures now or hereatter a part of the property. All repiacements and additions shall be Covered by this Securky Instrument. All ot the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and Convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will de(end generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants wkh limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFOHM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay wnen due the principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. 2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower shail pay to Lender on the day monthly payments are due under the Note, until the Note is paid in tull, a sum ("Funds") for: (a) yearly taxes and assessments which may attein prio�ity over this Security Instrument as a lien on the Property; (b) yearly leasehold payments or ground rents on the Property, if any; (c) yearly hazard or property insurance premiums; (d) yeary flood insurance premiums, if any; (e) yearly mortgage rc�surance premiums, if any; and (� any sums payabie by Borrower to Lender, in accordance with the provtsions of paragreph 8, � I'�eu of the payment of mortgage insurance premiums. These kems are called "Escrow Items." Lender may, at any time, collect and hold Funds in an amount not to exceed the maximum amount a lender for a federaly releted mortgage ban may require for NEBRA8KA-Sinpls Family-Fannls Ma�/Frsddls Mac UNIFORM INSTFiUMENT Form 3025 6/90 F1029.LM0(10/97) Pags 1 of 5