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<br /> DEED OF TRUST
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<br /> �' `:�! 1I11W YFi7aw OF�!RVH■ ��7R:W���IYUY�.����Q�� Juas �f,� i993 � •���a�
<br /> �'�'G�le L. Hill acd �a�ulra M. Hill, 8uebend and Wife �
<br /> (�BOI'TUWCi").�10[Ni�60 18 ,
<br /> Nozvest Hank Nebxeelc,a, �is�t�aasl Aneociation • � • ��
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<br /> _ (~�4l6I00").�ICf1EflE�Q�l;y'I� . ' �
<br />— Nerweat Bank Nebra$ka, National Aesociation '. .
<br /> -= w�ich is or�aniv.od and exisdng under the Isws of T'he United Statee oF Atnerica .ard wLwo
<br />_ Addnecs ia 202 Weet.Third SCra�t� Grand Ialand. Nebraska 688Q1 �
<br />__ — ' {'Ltnder"�:�!rsnwer�a 1 e.nder tM�.a'rndp�l rwaa of
<br /> Fifteen Thoueaud �T3ite Hundred Twenty-seven and 19/100the--Dc�ilurs(U.S.S 15,927.19+�*�!+�** ),
<br />. � This debt is evidanccd by Barro►ver's note daicA the same date as this Security Inatniment("Note").whieh prov�ea fot
<br /> " � �;�, monthly pnyments,with Ihe full debt.if nat paid earlier.due and payabla on June 5� 1998
<br /> {t� . Thfa Securiry instrumant secures to Lender.(e)the nepeymenl of the debt evldencxd by the Note,with interest.wd a!!�enewale�
<br />' exrcnsions and madifioadons of the Note; Ib) �h�p�Y�� of all aher sums. wltb intercst, advanced under pang�aph 7 to
<br /> pmtect tha security of thie Security Instrumenr, bnd(c) the performance of Horrower's covenants and agreemerNx. For this _
<br /> pwpose. Borrower irnevocably grants and rnnvcys to Tiustee, i� trust,with power of sele, the following describod property
<br /> Icx�ted in Hall County.Nebr�sice:
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<br /> Lot Seven (7) in Block Niacty-five (95). Originai Tovn. Now City of -
<br /> - "'�" '�' Gread Island� Hall County. Nebraska.
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<br />-- � � „�±�;�d,.!� which hes the�ddnacx ot' S16 East Divisioa Grand Island Isua�.ciry�,
<br />- '=�'�-- ,.:;�.�.` Nebreska 6$3O1 ("Property Address"):
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<br /> .:••� '`'"� TO[3fTH�R WITH all the impmvements now or herrafter erectod on Ihe property,and all ea.sements,appurtenances. and
<br />.. ';t�; � � - fi�turess nuw ar hereuRer a purt oi the pmpeny. All replucements und additionx shull �Ibo be rnvered by this Security
<br /> •,._ � ' Instrument.All�of the faregang is refened ti�in this Security Intiwmem ur,the"Property."
<br /> '""" • BORItOWER CO�'CNANTS that Borrow•er i+luwfully tiei.eJ of tlx�estotc her�b�•r<�m•eyeci and huti the right lo grant and
<br /> F.,��_;�,Y?. . eunvey the Property:utd chat the Proprrty is unencumber�l, except fi�r encumbrunces of ncord. Borcower warc�nt� and wfll -
<br /> deFend generally the title co the Property pgainst all claims and demands,subject to any encumbranees of record.
<br /> �?'�'.r",'.�.' '�' TWi5 S�CURITY INSTRUMENT cumbines uniform covenants far national use and non-unifotm rnvenants with lirnjted -
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<br /> ,,.:„�%�;F�';'„r•,:.�t vauiatinns by jurisdiction to mnstiwte a uniform security instrument ec�vering real property. _
<br /> "��°`• UMI�ORM COVENANTS.Borrower wtd l.ender covenant and agree as follows: _
<br />-��� ' I. Pnyment of Princlpal pnd Interest; Prepayment And late Charges. Borrower shnll promptly pay when due the -
<br />_'`'� ''� ��' `' �r' prinoip�1 of ond interost on the debt evidenced by thc Note and nny prepayment rand late chnrges due under the Note. _
<br /> ' `=��'4`'�" 2. Fund�+for'Caxes wnd Ireurance. Subjcct tu appticn6lc law or to v written waiver by I.ender, Borrower ahull puy to
<br /> ■ .��.... H. .1 .......wl�l..we..�nnnte nro/lua u�vinr tM Nntn until f�4! N�ur iu nnid in full,n wm�"Flllldl:�fAI':�8)V2HfIV[7kC5
<br /> �o — - _— aa,i�uW v�i u.:v.°�....... .► rv-......'___.._'_'_" _
<br />�Y. • � ' ' and ussessmen�d wfiich may atwin prinrity ovcr�his Security Instrumcnt as u licn�n the Property;(b)yearly leasehofd puymentx
<br /> �,u��cG"sav�`.� g Pe Y, Y �' Y P Pe Y p Y Y �
<br /> � ,... or �ound rente on thc Pro rt if an ;lr) eurl hcvard��r ro rt insurancr remiums;(Jl earl tlouci insurance rem�ums,
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<br /> :.;.1 T o:>:-;.,b•- . if any: (a)yearly moriEage inxur�n��e nrem ums, if s�ny:unu l4 uny sums puyable by Borrower to Lendcr,in ucco with -
<br /> _ • .�'��'� the provisiuns of pam�taph 8. in Ifeu of the paymont of mortgage insumnce prcmiums.These items ure cnlled "Escrow Iten�s."
<br /> �• Lendar n�ey, at any time, collect am1 h��IJ Fwidw in an am�ium nw tn exreed thc mnnimum amaunt a lender for n federally
<br /> _����;,<<:; relatwl nrat�age luan nwy require for Borrower's escro�urcouni unJcr thc fedcrnl Rwl Estate SetUement Pracedures Act af -
<br /> _ ��,,.-:._:...:;.� 1974 as un►�nded from time w time. 12 U.S.C.Section ..601 er sey. 1"RESPA"1,unless annther Inw thut upplfes to the Funcis
<br /> •-�.a�_..::_,�..:,. s�v a ie.aor amount, If so. Lender may, ut uny time. coll��ct and h��ld FunJs�in un umouut not w exceeJ the lesser amount.
<br /> ••���`,_,..� „ ixnder may �.ctimatn[he am�wnt of Fund+due on thc busis nf rurrent duw und reu.wnable estin�ates ot'expenditures af fuwre
<br /> ' ��• F.scrow Itoms onotherwiw in acrnrdance with�ppliwble Inw.
<br />—'v ;�oyp�is�.. �w� NEBRASIU•81ngW famdyF�n�MM!FnddM M�a UNIFONM INSTRUMHNT Form'3p7.,8190
<br /> "-' .''`•Ye�•• NI 1�T97 MTG vww�oarae,ac Faaus n+a�te�e�oo �eoo�ea+rsa� v.�,o�• 8101
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