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<br /> (BNe�AMw+'itiY LMe hr R�aris�l dl f�t s1 ot s
<br /> RETURN DEED OF TRUST
<br /> (�E�'URN 70: r��y��p �, ,�n,r�.A � 9�°'
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<br /> � _ OPdAMA,NC G�I03 . —
<br /> A�TN: LAURl�NIARTINEZ
<br /> _ 7'HIS DFBD OF TRUS7'<"Securiry In�nt")is ande oa July 19. 1993 .���i�
<br /> . 5t�ran lt.:Kolb aad Laura 8. R�olb. Huaband snd Wife
<br /> {"Borrpaer").Tha tru�tee is Noraost Hank Nebra�ka, National Aesociation
<br /> �. ru�tee . c wy e por�+eat e rao •
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<br /> -�'�°�� which ia or�anized s►od eaisting under Ihe Iswa of the United �tates of A�OeriCa � �d ��
<br /> ���� — ��s i� 3604 W.:13ib St. , Grand Island. Nebreaka, S88a3
<br /> :�;��� ("Lender").Horrowu owes Lender the priacippl swa of
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<br />_ � 3even Tho�asand and no/LOOthe-- Dolbus(U.S.S7.000.00�** )•
<br /> �' ,I Thie debt is evidencod by Burrower's note dated the sume date as this Secur�ty Instrument("Note").which prmtdea for
<br /> , mohthly payma�ta,wi�h the full debt,if nut paid earlter,duc and payable on Auguat 2, 1998
<br /> This Security Instrument secures�o l.ender:(a)thc rcpaymcn[of the debt evidenood by the Note.with interesb and el l renew�ls.
<br /> i extensions ard madjfic,tions of the Note; (b) the payment of all o►her sums, with interest, advancal under p�uagnph 7 to
<br /> protect the securlry of this Security Insirument; nnd(c) the pe�'ormance af Borrower's covenants and agreements.Ror lhis
<br /> purpose. Borrower irrcvocably gmnts ond conveys to Trustee, in trust, with power oP salc, the following described property
<br /> �� lac�ted in �11
<br /> County. Nebtaaka:
<br /> �
<br /> -� ' � Lot 7�enty Three (23). Ross-TheasmQyer Subdiviaion in the City
<br /> . �y�: I;�n� .� � of Grand Island, Iiall Couaty, Nebraeka. -
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<br /> - •.'� which has the address oP 3p07 Idah� Avenue Grand Island ���•��Y�•
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<br />-=':�.t .srtQ,.,:.w::.s s Nebra�ka 68803 l"Propeny Address"l:
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<br /> •�°� ' TOGETHER WITH ull thc improvcmcntx nnw or hercaftcr crected�m the property. unJ all eascments,appurtcnances,und
<br /> - `''��.'; �:, ' fixwr�cs now ur hereaftcr a part of the propeny. All replacements aixi aclditi�ms shall ulw lx: covered by �his Security
<br /> :•. � �-r:
<br /> %��` "'+..s,� Instrutnent. All of the foregoing is referred ta in thi.5ecurity Insinrment us the"Propeny."
<br /> .,. �:�.... s• !.a:
<br /> ;'•� �.,.•��M::,.:�^- BOItROWE#t COVENANTS tlwt&mawer is lawfully tieised af the cst:�ic hereby cunvcycJ and ha�the right to grant und
<br />�'�^'�:, "'�°'"='=•••�` convey the Praperty und thwt the Propeny is unencumbered. except for encumbrancex of r�corJ. Borrower warr�nts und will =.
<br /> ..i, �;��'r�c.�:�:y: _.
<br /> ,••��'•.� . defend generully the tide to the Propeny ugainst ull claims und demands,subject ta�ny enrumbrances of record.
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<br />_ i,N:•.,,,,,.,,.,,� THIS SECURITY INSTRUMENT combines unitunn covenunh for na�ional use nnd non•uniform covcnsuits with limited
<br />-���:� '��;r;:•!;{.�; variations by Jurisdiction to c�unstitute n uniform security instrumem covering rcal pmperty. _
<br /> --;� ,;�.¢•, UNIFORM COVENANTS.Bonower und l.endcr;:ovetwnt and agree as follows: _
<br /> ���r� ,` 1. PaymeM of Principal and Interest; Prepaymcnt and i,atc Char�es. 8orrowcr shall pmmptly puy when due the
<br /> pri�rcl�al of and interest on thc debe evidenecd by the Nate and any prepaymeot and lute rharFes due undcr the Note. _
<br /> —_� �• ' 2. �Indc tor Taac�.v and lnsurAnCe. SubJect to nppliCable luw or to n Wriaen waiver dy i.ender, naniwcr+n�ii �y iu
<br /> Sr�—��t+ I Lemier on the day munthiy puyn�ents are due under the Notc.until thc Note iti paid in full,a sum("Furxis")for.(a)ye��ri y wxe. =
<br /> and assessments which may attoin priority over�his Sccurity In,trument a�u lien on the Prupeny:(b)ycarly kux:lwld puynxn�s
<br />:,;�L� or ground rents on thc Propeny,if uny:(r)yearly hawni or property insuruncc prcmiums;(d)yearly flcwd insurunce prcrniums,
<br /> ' �� if any;(e)yearly mongugc insu�ancc premiums, if any; imc�It�uny sums payoble by Bonuw•cr to l.rnJer,in urmrJ�ntce with "
<br /> j the provixions of p�agn►ph 8, in lieu of the payment of nH�ngage insurunce premiums.Thcse item.are cull�l "Exruw item�."
<br /> -"'=-i^".t. � I.ender may,ut any 1ime,collect and hnld FunJs in un umount not to exceed the maximum umount u Iend�r for a f�-clerully
<br /> —�,-r__�:::.�iu� � relatod mortgagc loan may require for&�rn�wer's escrow�ncrnwu under the faieral Real Estate Settlemem Pnxedures Act of ,
<br /> -_-- -- 1974 as simended from time to time, 12 U.S.C. Sertiun 2601 e�r sc�y. ("RESPA"), unless aniithcr luw that appliea ti��h� Fundti _
<br /> --:�,.,...,..,�„�;: � sets a lesser amount. If w, Ixnder mny, ut uny timc, collect:uid holJ Nwids in uu amount nut tu exn.•c�i thc Icsticr unwunt. :
<br /> _' _._ i [,ender may es�imatc thc wsxront of�und,due on thc b:uix of�vrrent Jute nnd reasons►ble estimates of expendiwr+��ot'fmuro
<br /> _ � Escrow ltems nr othenvise in urcordence with applicubte law.
<br /> � ���-r`-'�`=-- ' NEBRASIU•51npta famUyF�nnN NIM/FnddM M�a UNIFORM INSTRUMENT -
<br /> fam 3028 8190
<br /> _ _i�_;% ` �NI 12T87 VMP MORtOAUE FORMS �J1��793 8100 �BW�S'11 7191 P,�ya 1 011 ArrNnd�d 6/91
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