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RE <br />e.tr <br />i► c; <br />200106684 `- -_ <br />STATE OF NEBRASKA <br />DEED OF TRUST <br />0) 3cl <br />n t,n <br />rT CD <br />C-- -3 <br />c-,, -1 n . <br />A <br />cv <br />FHA CASE NO. <br />321 - 1546093 -748 <br />_ THIS DEED OF TRUST ( "Security Instrument ") is made on Max 7, 1992 <br />The trustor is TERRANCE L TIPTON AND BARBARA TIPTON <br />HUSBAND AND WIFE <br />The trustee is COLUMBUS FEDERAL SAVINGS BANK ( "Borrower ") <br />The beneficiary is COLUMBUS FEDERAL SAVINGS BANK ( "Trustee ") <br />which is organized and existing under the laws of NEBRASKA <br />and whose address is 1371 26TH AVENUE <br />COLUMBUS, NE 68601 <br />( "Lender "). Borrower owes Lender the principal sum of <br />Forty -Five Thousand Eight Hundred and No /100 - - - - - -- <br />Dollars (U.S. $ 45,800.00 ) <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 June 1, 2022 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all <br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 6 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 SIXTEEN (16), IN BLOCK ELEVEN (11), IN ASHTON PLACE, AN ADDITION TO THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />N <br />.. tT <br />Q C/3, <br />0 <br />r..IT c <br />C5 <br />Z <br />\C <br />