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<br />Lot Four (4), Centennial Gardens Subdivision, to the City of Grand Island, Hall
<br />County, Nebraska,
<br />which has the address of 2411 North Wheeler , Grand Island
<br />(Street] (C nl
<br />Nebraska 68801 ( "Property Address");
<br />(I,p Code]
<br />TOGETHER Wlltt all the improvements now or hereafter erected on the property, and all easements. rights,
<br />appurtenances. rents, royaltiesz mineral, oil and gas rights and preftts, water rights and stack and all fixture-, now or
<br />hereafter apart of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security instrument as the "Property."
<br />BORROWER COVENA TS that Borrower is lawfully seised of the estate heteby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrant
<br />and will defend generally the title to the Property against all claims and demands. subject to any encumbrances of record
<br />THIS SFct-Rt ?v I%STRtNEST combines uniform covenants for nattonal use and non•unifirrrn cotenant,. %ith
<br />limited variattunsb43unsd ; cttan to i0tisntu,te a urufomt seiuttty instrument covering real properq
<br />NEBRASKA- s.,!�Ve ay!- , VNMAliHEMc UNIiORM INSTRUMENT Fanr 3028 12!83
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<br />(Spate Above This Lae For Retor&nr
<br />DEED OF TRUST
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<br />THIS DEED OF TRUST ( "Security Instrument ") is made an March. 24. ..
<br />a,
<br />1989 . The trustor is John B. Elder and Theresia J.14.11. Elder r ,aach - i rn his and her own right
<br />and as spouse of each other ("Borrower "). The trustee is Earl, D. AhIschwede
<br />( "'Trustee"). The beneficiary is
<br />The Equitable Building and Loan Association , which is organizedand existing
<br />underthelawsof the State of Nebraska. ,and.whoseaddressis 113415 North Locust,
<br />Grand Island, Nebraska E8801 ("Lender).
<br />Borrower owes Lender the principal sum.of {"•arty Seven Thousand- Two lfundred and no /100 ---- - - -*--
<br />-------- y-------------- ------ BRilars (U.S. 5 47, 200.00 . ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security fnstrument ("Note'), which provides for montldy payments, with the full debt, if not
<br />paid earlier, due and payable&i., , April 1, 2004
<br />This Security Instrument smurz t+ Eender--(a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modificatiiins; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect ifte security of this Security Instrument; and (c).the performance of Borrow es'.,.ctavenants and agreernwas. For this
<br />purpose. Borrower irrevocably grants and conveys in Trustm.in trust, with power of.We, the following described property
<br />located in Hall County, Nebraska-
<br />Lot Four (4), Centennial Gardens Subdivision, to the City of Grand Island, Hall
<br />County, Nebraska,
<br />which has the address of 2411 North Wheeler , Grand Island
<br />(Street] (C nl
<br />Nebraska 68801 ( "Property Address");
<br />(I,p Code]
<br />TOGETHER Wlltt all the improvements now or hereafter erected on the property, and all easements. rights,
<br />appurtenances. rents, royaltiesz mineral, oil and gas rights and preftts, water rights and stack and all fixture-, now or
<br />hereafter apart of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security instrument as the "Property."
<br />BORROWER COVENA TS that Borrower is lawfully seised of the estate heteby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrant
<br />and will defend generally the title to the Property against all claims and demands. subject to any encumbrances of record
<br />THIS SFct-Rt ?v I%STRtNEST combines uniform covenants for nattonal use and non•unifirrrn cotenant,. %ith
<br />limited variattunsb43unsd ; cttan to i0tisntu,te a urufomt seiuttty instrument covering real properq
<br />NEBRASKA- s.,!�Ve ay!- , VNMAliHEMc UNIiORM INSTRUMENT Fanr 3028 12!83
<br />taaassa:oe . • - .: , � ono ssa psea
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