I
<br />THIS INSTRUMENT CONSTITUTES A CONSTRUCTION SECURITY INTEAEsT':.
<br />j UNDER THE NEBRASKA CONSTRUCTION LIEN -ACT
<br />ISptso Above This I" For Rotord+ns Pataj
<br />.. � ]�EE� QF RjJS
<br />AND CONSTRUCTION SECURITY ATEMENT
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on January 6
<br />1989 Thetrustoris Carl J. Meier and Loretta A. Meier, each. in his and her awn., riPt,
<br />and as spouse of each other ( "Borrower "). The trustee is Earl D. Ahlschwede'
<br />("Trustee'), 0i beneficiary is
<br />! . The Equitable Building and Loan association , wl,Wh is orgiwiaed as d e Lt )S
<br />! under the laws of the State of Nebraska , and whose address is 113 -115 North tl:ocusit
<br />'i Street, Grand Island, Nebraska 68801 (••i.Gnder'q.
<br />i Borrower owes Lender the principal sum of Thirty Eight Thousand and no/ 100 -------------------
<br />-Dollars (U.S. S 38, 000.00 ). This debt is evidenced by- Mkimwer s note
<br />dated the santedate as this Security Instrument ( "Note"). which provides for monthly payments,.with. the firll,de(st, cf•net
<br />paic#earlier,dueaadpayablexia as evidence by the note.
<br />This Security. instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest; and all
<br />renewals, exiettsions•and modifications; (b) the payment of all other sums, with interest, advanced under paragrgpi5 to
<br />prOteeit the Vecucitjr.of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrq veflffevocably grants and conveys to Trustee, in trust, with power of sale. the following described Property
<br />' located in Hall County, Nebreska:
<br />Lot Eight (8), Block•One (i), Colonial Estates Sixth Subdivision, in the City of Grand
<br />Island, Hall County; .Webaas{cai
<br />a. •
<br />r
<br />I. .
<br />L�
<br />which has the address o£ 3208 Kennedy Circle Grand Island
<br />(street) i0tyl
<br />Nebraska 68801 ( "Property Address "),
<br />, (2�G+.Gadal
<br />TOGETHER WrfFi: all the improvements now or hereafter erected on the property, and all casements, rights,
<br />appurtenances, �entaR,toylries, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter apart of thepropj rty. All replacements and additions shall also be covered by this Security lostrument. All of the
<br />foregoing is referred tort this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey taw.- Property and that the Property is unencumbered, except for encumbrances of record Borrower warrants
<br />and wi11.dewid generally the title to the Property against all claims and demands. subject to env cncuotbrances of record.
<br />TVTQ� SBCCURtTY INSTRUMENT combines uniform covenants for national use and non•untforin voWtiantti with
<br />Iimi1'ud Fmt#' itms by jurisdiction to constitute a uniform security inorurnent covering real prors;rty
<br />NEBRASKA- Srngle 1`3m11y— FNMA 1FMLMC UNIFORM INSTRUMENT torn. W ?H j2i83
<br />, ' ' t am 1153 azal _ 1 RIMA YQ 080:1
<br />s
<br />e
<br />which has the address o£ 3208 Kennedy Circle Grand Island
<br />(street) i0tyl
<br />Nebraska 68801 ( "Property Address "),
<br />, (2�G+.Gadal
<br />TOGETHER WrfFi: all the improvements now or hereafter erected on the property, and all casements, rights,
<br />appurtenances, �entaR,toylries, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter apart of thepropj rty. All replacements and additions shall also be covered by this Security lostrument. All of the
<br />foregoing is referred tort this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey taw.- Property and that the Property is unencumbered, except for encumbrances of record Borrower warrants
<br />and wi11.dewid generally the title to the Property against all claims and demands. subject to env cncuotbrances of record.
<br />TVTQ� SBCCURtTY INSTRUMENT combines uniform covenants for national use and non•untforin voWtiantti with
<br />Iimi1'ud Fmt#' itms by jurisdiction to constitute a uniform security inorurnent covering real prors;rty
<br />NEBRASKA- Srngle 1`3m11y— FNMA 1FMLMC UNIFORM INSTRUMENT torn. W ?H j2i83
<br />, ' ' t am 1153 azal _ 1 RIMA YQ 080:1
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