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14.00 acres more or less of which 0.49 acre more or less are reserved for County <br />Road purposes and excepting therefrom a certain tract of ground more particularly- <br />described in the Warranty Deed recorded as Document 78- 007607 in the Office of .the <br />Register of Deeds, Hall County, ;Nebraska, S- <br />which has the address of Rural Route #2, Box 75 Grand Island , <br />(street) (city] <br />Nebrasks 68801 ( "Property Address "); ' <br />(zip Code] ' <br />T 6L—THER WITH all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or ' <br />*eafter apart of the property. All replacements and additions shall also be covered by this Security Instrument. All of the <br />L : gnregoing is referred to hi.this Security instrument as the "Property." <br />BOR16WER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant <br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants <br />.a.td will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. r` <br />THIS SECUR11Y INSTRUMEN-F combines uniform covenants for national use and nonuniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />J! <br />NEBRASKA- S.ngie tats 1,-- FNMA /FNLMC UNIFORM INSTRUMENT form 3928 12/83 <br />eDO 253 0871'.: .,y.` 1 1100 359 2943 <br />` N <br />N <br />9 <br />CC n C0 <br />� , <br />L <br />m <br />3W CD <br />NCD <br />[Stacie Above this Line for Recording Data) <br />to t <br />DEED OF TRUST Isu <br />_ T <br />THIS DEED OF TRUST ( "Security Instrument ") is made on January 24, \ <br />19 8 <br />right, and as spouse of each othefl'Borrower"). The trustee is Earl D. Ahlschivede ' <br />The Equitable Building and Loan Association , which is organized and existing <br />under the laws ol: the State of Nebraska , and whose address is 113_115 North Locust t <br />Street, Grand Island, Nebraska 68801 <br />( "Lender"). ,s <br />Borrower owes Lender the principal sum of Sixty Six Thousand and no/100 ------------ ---- --- --- ' <br />+ _ <br />_ __ ____:;._,.___ _ __________JDdlars(U.S.S66,000.OQ )• This debt is evidenced-by Borrowee s,note <br />dated the santedAie as this Security Instrument ( "Note"), which.provtdes for monthly-payments, with the full debt. if not <br />paid earlier, &&and payable on February 1, 2009 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all r <br />r= <br />renewals, extensions And modifications; (b) the payment of all other sums,, with. interest, advanced under paragraph 7 to <br />i p <br />protect the security of this Security Instrument; and (e) the performance of Borrbwees covenants and agreements. For this <br />purpose, Borrower irrevocably grants and conveys to Trustee. in trusp with power of sale, the following described property <br />= i <br />imatcd in H&U Count- ptehmgt_ "• :. , . <br />... <br />A tract of land in Lot 1, Mainland, Section 11, and Lot 4 Island Section 11, all in <br />Township 10 North, Range 10 West of the Sixth.Principal Meridian, Hall County, <br />s N <br />Nebraska,-arid more particularly described as - follows: Commencing at the West Q4ar- <br />ter Corner of Island Section 11, TION, Range 10W; thence North 0 degrees 23' 00" E <br />along the Nest Line of the Northwest Quarter of said Section 11 a distance of One <br />Thousand One Hundred Twenty and Seven; -Four Hundredths,(1120.74) feet to the Point <br />of beginning: thence continuing North O.degrees 23' 00" E along the West line of the <br />Northwest Quarter of said Section 11.11 distance of Six Hundred Forty -six and Eighty <br />Two Hundredths (646.82) feet; thence S.89 degrees 37' 00" E a distance of Eight Hun- <br />dred Seventy -five and Seventy -five Hundredths (875.75) feet; thence Soath 0 deg�ieees <br />23' 00" W "a distance of Six Hundred Forty -six and Eighty -two Hundredths (646.821.. <br />Feet then.ce N 89 degrees 37' GOO W a distance of Eight Hundred .Seventy -five <br />and-, <br />Seventy -five Hundredths (875.75) Faet to the Point of,beginning•said tract conteicti0gi. <br />