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<br /> � DEED �F TRUST � � � .
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<br /> � THIS DEED OF TRUST ("Security InstrumenP')is made on February 14, ,
<br /> 19 90 .Tha crustor is Russell J. Merrick �nd Nancy J. Merrick� each in his and hgr own rigtrt��4 �
<br /> ; and as spouse of each other, (�•Borrower").Thetrustee is Earl 0. Ahlschwede, R�cyrney
<br /> I (•"frustee").T�ebeaefrciary is . . ,
<br /> � The Eguitable 8uk.lding and Loan Assaciation ,which'ss organized��'existing ,�
<br /> under the laws of the State of Nebraska ,and whaseaddress is 113-115 North L�GUSt �'"�
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<br /> , 5treet, Grand Islartd, Nebraska 68801 ("Lender"). '..- :t�:� �. �
<br /> Ba�nc�wer owes Lenderthe princip�i sum of Thirty Eight Thousand and no/100 ------------------- � ���'� ;
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<br /> 1 ______--_-- --�ollars(U.S.$ 38,OOO.Op ).This debt is evidenced by Borrower s note � ' �
<br /> i dated the same date as this Securitg Instrument("Note"),which provides for monthly payments,with the full debt,if nat ..
<br /> paidear�i�,dueandpayableon I�a�ch 3., 2005 �, ,_,r;:,;-
<br /> This Secc:rfitv Instrumr.nt secwes t��.ender:(a)the repayta�t of the debt evidenced by the Note,with inter�st,and al!
<br /> renewals,extettsion���modificatians;(b)the payment of ali other sums, with interest.advanced under paragraph 7 to
<br /> � protect the security af tfics Security Instrumeni;ar!d(c)the performance of Borrower's covertants and agreements.For this _`c
<br /> ! purpose,Borrower irrevocably grants and conveys to Trust�,in trust,wiih power of sale,the following described properEy ' '`r
<br /> E locatedin Ha11 County,Nebraska: � ' .:`=--_
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<br /> Lot Eighteen (16), in I�?and Acres Numb�� aeven (7) , an Addition to the City of Grand
<br /> � Island, Hall �n�c^ty, "�G�raska, � -
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<br /> whirhhsstheaddressof 2919 Wes�. 5�tate 5treet , Grand Islana .
<br /> . [StreetJ IC��I --- ---
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<br /> ' Nebr�,ska 689t13 ("Properiy Address"); �
<br /> [Z�p CodeJ �
<br /> 7'c�cET��e�e W1tH all the impro�ements now or hereafter erected on the property, and all easements. ri�rt►tn; � '
<br /> . s�Y:srt�sn�,!tsl:S, i9y°.�t!!S,3Rltl�lA.�.4i P��� iig�119 2n!f�+rp�fg,w?tcf riEhic iind stnck and all G):tun:s r►nu+c�r•� t
<br /> hereafter a,part of the property.All reptacements:uid additions shaU also be cavcred by this 5ecuri�y ln�trti;ment.a!!nf�h��
<br /> � PoregninRisrefenedto�inthis5ecuritylnsttumentasthe"ProDerty."
<br /> 8t►�xowEtt Cbv���u�rs that ibrrower is tawfully seisec!of the estate hereby conveyed�nd h:u the right ta gram
<br /> and ccsnvey she Property and that the Propeny is unencumbered.ex��ept for encumbran�es uf recc+rd. B�rec�c+.:•r a:sr:�ent,
<br /> and w�{S defrn�!generally the title to the Prnpeny against ell claims and deman�is,tiubJect to�ny encumbrana�rs of'reet�td. �`'
<br /> 't'1lIS SEi���RITY INSIRUME:�t c�nnbines miitorm coven�nts f�r national usc and nun�unifi�rre� �c�v�nnms'w;tlt ,
<br /> limetsd�ntiattan,by jur�scttcuon tucanstitute a u�uform sec�ri�y�ns�tumeut covcnnq rcal propetty ` o
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<br />� NE�E�ASKA--3•ng'e ������ri--iNMAlFHLMC 11H1iORM INSTRl1M£Nt ft��n 3di.'8' b7183
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