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DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument ") is made on May 02, 2001 <br />RICHARD L PELLAND <br />JANET L PELLAND, HUSBAND AND WIFE <br />( "Borrower "). The trustee is Earl D Ahlschwede, Attorney <br />( "Trustee "). The beneficiary is The Equitable Building & Loan Association, FSB <br />The trustor is <br />which is organized and existing under the laws of The State of Nebraska and whose <br />address is 113 -115 N. Locust Street Grand Island, NE 68801 -6003 <br />( "Lender "). Borrower owes Lender the principal sum of <br />SEVEN THOUSAND EIGHTY AND 50/100 <br />Dollars (U. S. $ $7 , 080.50 ). <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 May 4, 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 TWO (2), BLOCK FORTY FOUR (44) RUSSEL WHEELER'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />which has the address of 409 w 12TH <br />GRAND ISLAND [city], Nebraska 68801 <br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM <br />6R(NE) cs2lz�.a6INSTRUMENT Form 3028 9/90 <br />© Amended 5/911 <br />VMP MORTGAGE FORMS - (800)521-7291 <br />Page 1 of 6 Initials: <br />[zip Code] ( "Property Address "); <br />[Street] <br />0 <br />n Cn <br />o <br />>>`nI <br />_CD <br />N <br />f't'9 <br />C� <br />to y <br />m A <br />—1 rn <br />O <br />o- <br />Ni Cn <br />c `" <br />O <br />C7 1 <br />= tT7 <br />y► <br />V► <br />� <br />o <br />vcn <br />C�o <br />Ca <br />cn <br />[Space Above This Line For Recording Data] <br />DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument ") is made on May 02, 2001 <br />RICHARD L PELLAND <br />JANET L PELLAND, HUSBAND AND WIFE <br />( "Borrower "). The trustee is Earl D Ahlschwede, Attorney <br />( "Trustee "). The beneficiary is The Equitable Building & Loan Association, FSB <br />The trustor is <br />which is organized and existing under the laws of The State of Nebraska and whose <br />address is 113 -115 N. Locust Street Grand Island, NE 68801 -6003 <br />( "Lender "). Borrower owes Lender the principal sum of <br />SEVEN THOUSAND EIGHTY AND 50/100 <br />Dollars (U. S. $ $7 , 080.50 ). <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 May 4, 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 TWO (2), BLOCK FORTY FOUR (44) RUSSEL WHEELER'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />which has the address of 409 w 12TH <br />GRAND ISLAND [city], Nebraska 68801 <br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM <br />6R(NE) cs2lz�.a6INSTRUMENT Form 3028 9/90 <br />© Amended 5/911 <br />VMP MORTGAGE FORMS - (800)521-7291 <br />Page 1 of 6 Initials: <br />[zip Code] ( "Property Address "); <br />[Street] <br />0 <br />