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<br /> DEED OF TRUST 20028137
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<br /> THIS DEED OF TRUST ("Security Instrument")is made on APRIL 1 4 , 1 998 . The trustor is
<br /> JAMES C ARENDS AND FRANCES A ARENDS, HUSBAND AND WIFE,
<br /> ("Borrower"). The trustee is EARL D. AHLSCHWEDE , ATTORNEY
<br /> ("Trustee"). Thebeneficiary is The Equitable Building and Loan Association
<br /> of Grand Island, Nebraska, A Federal Savings Bank �
<br /> which is organized and existing under the laws of NE$RASKA � , and whose
<br /> addressis p, 0. BOX 160, 113-115 N. LOCUST ST. , GRAND ISLAND, NEBRASKA 68802
<br /> (°Lender"). Borrower owes Lender the principal sum of
<br /> TWENTY TWO THOUSAND FIVE HUNDRED DOLLARS & NO/CENTS
<br /> Dollars (U.S. $ 22 , 500.00 >�
<br /> This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides tior
<br /> monthly payments, with the full debt, if not paid earlier, due and payable on MAY 1 2003 •
<br /> This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the N�ote, with interest, and all renewals,
<br /> extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br /> protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br /> purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br /> located in HALL County, Nebraska:
<br /> LOT TEN ( 10) , IN BLOCK EIGHTEEN ( 18) , IN SCHIMMER' S ADDITION TO THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA,
<br /> 1604 N WALNUT ST, GRAND ISLAND
<br /> which has the address of Isirec�, C�ry�.
<br /> Nebraska 68801 —3557 lz�p cod�� ("Property Address");
<br /> NEBRASI(A-Single Family-FNMA/FHLMC UNIFORM
<br /> INSTRUMENT Form 3028 9/90
<br /> �0 6RINE) i9ziz�.oi Amended 5/91 I IIIIIII IIIII IIII IIIIII IIII IIII IIII
<br /> VMP MORTGAGE FORMS-(8001521-7291
<br /> � Printed on Recycled Paper
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