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9g- 14j3'794 After recording return to: COMNISRCIAL CREDIT CORPORATION 3415 WEST STATE STREET GRAND ISLAND NE 68803 DEED OF TRUST THIS DEED OF TRUST is made this 2 3 rd day of Apri 1 , 19 9 8 among the Trustor, JACK J STAFFORD KAREN J STAFFORD�HUSBAND AND WIFE AS JOINT TENANTS AND NOT AS TENANTS IN COMMON. (herein "Borrower"), Michael F. Kivett (herein "Trustee"), and the Beneficiary, CONIl�RCIAL CREDIT CORPORATION � a corporation organized and existing under the laws of Maryland , whose address is 3415 WEST STATE STREBT GRAND 2SLAND NE 68803 (herein "Lender"). BoltROwER, in consideradon of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of HALL , State of Nebraska: ALL THAT PARCEL OF LAND IN CITY OF GRAND ISLAND, HALL COUNTY, STATE OF NEBRASKA, AS MORE FULLY DESCRIBED IN DEED BOOK 95, PAGE 101765, ID#400084481, BSING IINOWN AND DESIGI3ATED AS LOT SIX (6) , BLOCK FIVE (5) , ROLLINS ADDITION, CITY OF GRAND ISLAND, HAI�L COUNTY, NEBRASKA. which has the address of 824 W 6TH , GRAND ISLAND , Nebraska 6 8 8 O 1 (herein "Property Address"); ToGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter referred to as the "Property"; To SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated o 4/2 3/i 9 9 8 and extensions and renewals thereof(herein "Note"), in the principal sum of U.S. $ 5�,4 7 7.3 5 , with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on 0 5/01/2 013 ; the payment of ail other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained. Bonower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and comey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants that Borrower warrants and will defend generally the dtle to the Pmperty against all claims and demands, subject to � encumbrances of record.