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2 <br />rn <br />Q <br />M <br />n <br />T <br />C <br />Z <br />D p <br />N U) <br />2 <br />[Space Above This Line For Recording Data] <br />DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument ") is made on Dec 29, 2000 <br />B & B RENTAL PROPERTIES INC. <br />( "Borrower "). The trustee is FART, D. AHLSCHWEDF, ATTORNEY <br />( "Trustee "). The beneficiary is The Equitable Building & Loan Association, FSB <br />which is organized and existing under the laws of The State of Nebraska <br />address is 113 -115 N. Locust Street <br />. The trustor is <br />and whose <br />Grand Island, NE 68801 -6003 ( "Lender "). Borrower owes Lender the principal sum of <br />TWO HUNDRED SEVENTY SIX THOUSAND FIVE HUNDRED AND 00 /100 <br />Dollars (U. S. $$276, 500.00 ). <br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument( "Note "), which provides for <br />monthly payments, with the full debt, if not paid earlier, due and payable on February 5, 2006 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, 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 THREE (3) IN BLOCK SEVENTEEN (17) IN BONNIE BRAE ADDITION TO GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />which has the address of 1407 W NORTH FRONT ST <br />GRAND ISLAND [city], Nebraska 68801 <br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM <br />am INSTRUMENT Form 3028 9/90 <br />_6R(NE) (9212).05 <br />Amended 5/91 <br />m VMP MORTGAGE FORMS - (800)521-7291 <br />Page 1 of 6 Initials: <br />[Zip Code] ( "Property Address "); <br />[Street] <br />k` <br />CD <br />C_> N <br />~ <br />o __4 <br />O <br />N r <br />m <br />� <br />c, <br />z <br />O <br />O <br />n <br />�, <br />_ <br />CD <br />o <br />-Ti <br />N <br />:;I_ <br />} <br />1-� <br />= M <br />tT1 <br />"� <br />D m <br />O <br />O <br />CD <br />r D <br />CIO <br />Cn <br />C0 <br />W <br />_] <br />N <br />Cc' <br />( "Trustee "). The beneficiary is The Equitable Building & Loan Association, FSB <br />which is organized and existing under the laws of The State of Nebraska <br />address is 113 -115 N. Locust Street <br />. The trustor is <br />and whose <br />Grand Island, NE 68801 -6003 ( "Lender "). Borrower owes Lender the principal sum of <br />TWO HUNDRED SEVENTY SIX THOUSAND FIVE HUNDRED AND 00 /100 <br />Dollars (U. S. $$276, 500.00 ). <br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument( "Note "), which provides for <br />monthly payments, with the full debt, if not paid earlier, due and payable on February 5, 2006 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, 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 THREE (3) IN BLOCK SEVENTEEN (17) IN BONNIE BRAE ADDITION TO GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />which has the address of 1407 W NORTH FRONT ST <br />GRAND ISLAND [city], Nebraska 68801 <br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM <br />am INSTRUMENT Form 3028 9/90 <br />_6R(NE) (9212).05 <br />Amended 5/91 <br />m VMP MORTGAGE FORMS - (800)521-7291 <br />Page 1 of 6 Initials: <br />[Zip Code] ( "Property Address "); <br />[Street] <br />k` <br />