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<br /> - -�y DEED OF TRUST y}� �
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<br />-�r''' THIS DEED OF TRUST('Saa�rity Inatrument")is mrda on JUNB 10, '1993 •T��«�
<br /> , DAVxU A. MCGRATFI• AN IJNMARRIED PERSON
<br />_ ("Bormwer").The trusta is
<br /> '� NORWEST BMIK NEBItA3KA. NATIONAL AS80CIATION
<br /> _ ,
<br /> ("Trustee").The beno8ciary is
<br />__ 1:,. NORWSST BANK NEBRASKA. NATIONAL ASSOCIATION •
<br /> -�1r"` • which is or anized and existing under the luws af THE UNITED STATES OF AMERICA .and whose
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<br /> � 75''` ...'�.. addrcss is 202 WES'i•TNIRD S�REET, GRAND I3LAND, NEBRASKA 68801
<br /> - -..-�_-. ---_-------- --- --� ' 1°Lender").Borrower owes l.endar thc principal sum of
<br />.. . - - �� ti 1��� �.
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<br /> "'�'+ ���: .� TWEI,VE T�iOUSAND ONE HUNURED TW�NTY-FIVE AND Nq/1001`HS----Dollars N.S.S 12.125.00**** ).
<br /> . ' '`�°'`�'�; This debt is evidenced by aorrower's note dated the same dare as this Security instrument("Note").which provides for
<br />- i;�•I,y •.�;`�� monthiy puyments,with the full debt,if not puid earlier.due and payeble on J[iNE 10. 1998 •
<br /> ' �� ' This Security lnstru�nent secures to I.ender:(o)the repuyment af the debt evidenced by the Nate,with interest,end all rcnewals.
<br /> ' ,�".,�.� ,.: , extensions and modifications of the Note; (b) the pnyment of all othor sums, with interest, advanced under poragraph 7 to
<br /> � protect the security of this Security Ins�rument: und (c1 the perfonnance of&►rrower's cavenunts nnd Agreements. For this
<br />� ;'�;�; : ,;;��� . putpose, Borrower inevocably grntNS and conveys to Trutitce, in �ru.�, with {x►wer of wle, the following described property _
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<br /> . located in �L Counry. Nebraska:
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<br /> •�' CONDOMINIl1M UNIT NO. 904. THE YANCEY. A CUNDOMINIUM, A CO,�TDOMINIUM IN -
<br /> '� '� '• �� ACCORDANCE WITH THE DECLARATION RECORDED ON OCTOBER 17. 1984. UNDER _.
<br /> � ' � ''" '���s'' DOCUMENT N0. 84-005507 OF THE COUNTY OF HALL. STATE OF NEBRASKA. REC4RDS. -
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<br /> , '�t�t,,`,'�'�'F�:';;u'�� TNIS DEED OF TRUST SECURES AN OPEN-END REVOLVING LINE OF CREDIT. SEE ATTACHED
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<br /> � ��•.`����'±���. � HOME F.QUITY LINE OF CREDIT RIDER.
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<br /> �.. ,� . which hac the addreas of 123 N. LOCUST. APT. 904 GRAND ISLAND Is�rcci,ciryl. _
<br /> Q�� ,� Nebraska 68801 (,�Pmpeny Address"1:
<br /> Y' ' ,��•*b_,. �� , �'LlpCodc�
<br /> ;';- � TOGETHER WITH all the improvementz now ur here:�fier erected on�he property.and all cau;ments,uppunenanceti,and -
<br /> :� ' .. fiatures now or hereu8er o purt of tho property. All repl:Kementti und additinm shull also be covered by thir Security =
<br /> , � lnstrument.All of the foreguing is rcferrcd to in thic Security Inxtrument a�ihe"Prx►perty." _
<br /> _ i, BORROWER COVENANTS Ihat Bormwc�is lawfully+ci�ed of thc estate hereby cunveycd and has the riglri to grant and
<br /> i' convey the Properry and that the Property iti unencumbered.except for encumbrunces of record. Borrower wammts and will
<br />- 3� ' defend generally the title to the Property againxt all rlaims and demunds,suhject ti�um• encumbrunre+of rrcord. _
<br /> � ��'�' THI5 SECURITY INSTRUMENT n�mbines unitorm co�-enamti for nutiunul uk anii non•unitiirm cuvenantH with limitcYl _-
<br /> variatiora by jurisdictiun to constitute•r unitomi scrurity in�trument covcring rcvl propeny _
<br /> ��. , UNIFORM COVENANTS. Burrowcr and Lendcr ruvcnum anJ agr��:��fullows: '
<br /> " K.:.. � � l. Payment oi' Princfpul and lnterest; Prepayment and l.ute Charp�es. &�rn�wer shull pmrnpUy pay when du�thc �`
<br /> � ° F�'':-'. principal of and interest on the debt evidenred by thc Nnte and uny prepuyment und latc charges duc under the Note. _
<br /> "�-' � ' 2.F ti n d s for TAxes s�n d Ins u ro n c e. S u b j e c t t o a p p l i c a M l e l u w n r t a u w r i t t e n w n iv e r b y l xnder, Burrower shull pa y to _
<br /> .r...,_.....�h..an.,�,.,mt,�.,�wmen�s are due undcr the No�c.until the Nule is puid in tall,u wm("Funds")for: (al yeurly tsixe� _
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<br /> �utd ussessments whirh may attuin prioritY over this Scruri�y In+trumen�u�L licn on the Prnpeny;(b)yearly Ic�.+chnw puyment�
<br /> ��'l '" „ •�� or ground rents on the Pmpeny,if�ny;lcl yearly hauurJ ur prupehy insurunre prcmium.:ldl ye�►rly ticwci insurance premiumx, -
<br />__ _ � ,;,,;;;,;,�,�,r_=h�1- if any;(e)yeurly mortgagc insuran�r premiums, if uny: and(fl�ny wm�pnyrble by &�rn�wer to LenJer,in ua�irdunce wi�h
<br /> • the provisions nf purugruph 8, in lieu of the payment c�f mnrtgogc inauran�ti premiums.These items are cullcJ"Exruw Itcros."
<br /> ' Lender muy, ut eny Iin�e, rollect and hnld Fund� in an cunnunt nnt W eaceed thc maximum vmaunt u Icndcr fi►r a I'e�irrally
<br /> ;.:, '•' A '_�,:.�.••N�.- reluted mortgage laan muy require 1'or&�rrower's escrow arrnunt unJer the federal Real Estate S�tUement ProceJurc+ Ac� ol' �
<br /> 1974 as tunended fmm time to time. 12 U.S.C. Sectiun 2601 er seq. l"RESPA"1.unlc�.unothcr I•rw Ihut applic�tu the FunJti
<br /> �,,: : " sets a lesser umount. If su. I.ender may. at uny time. coll�•c�and hulJ Funds in •rn amuunt not to rtc��vl thc letikr umiwn�.
<br /> �•�'•°°'� ' • �''� Lender muy estimute the nnxwnt of Fundti due on�hc ba�iti ot'currenl dutu und rci�unublc rstinwt��+uF ezpcixli�urc�uf fulurr
<br />�, �.'c'' Escrow Item�or atherwise in acconlunce with uppl icnble luw. _
<br /> `�" � '��'��, NHBRASIU►•Slnple Famllyfup�M MNIFnddl�M�o UNIFOt1M INSTRIIMENT Form 3028 8►90
<br />. - .' . .. �N112T971NT(i VMP MOpT6�fiE FONMS 1713��83 8100 �800�571 77Bt P�r 1 ul� � ��d B19�
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