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89- 101724 = <br />(Space Afore fts line For Recording Data] <br />DEED OF TRUST <br />} _ THIS DEED OF TRUST ( "Security Instmm -.n`) is =zSeon April 4, _ <br />19 89 . The trustoris Cooney Properties, . Inc., A WiAbraska Corporatien, and ARcland Z`-Reynolds <br />and Luella M. Reynolds, husband G"13twgr ").Thetrusteeis Earl D. 6Yh7c;a;e, Attorney, <br />and wife, as Guarantors 4'MuT tie :�:'-Tbe beneficiary is <br />TIte E u12�el e u ldifn nd Loan Associa�i n dy=e+i`ts'organizedande&,ing <br />un erJe as; l e a e o {iegrnaska ,an w oseaddressis 11-115 North Locust, <br />Grand Island, Nebraska 68801 ( "Lender "). <br />Dar over owes Lender the principal sum of Seventeen Thousand and no/100 --- - - - --- --------- - - - - -- <br />- - - - -- Dollars (U.S. $ 17 1000. (10 )• This debt is evidenced by Borrower's note <br />dated the same date as this Security Instrument ("Note'), which provides for monthly pay-mants, with the full debts if,net, <br />paidearlier, dine and payabl4 on May 1, 2004. <br />This-Security Instrumenf spares to Lender: (a) the'trbpayment of the debt evidenced by the'Note. wiih.interest; and,all; ' <br />tia�als, extensions and r.?a~:iflcations: (b) the payrt;nr,. of all other sums, with interest, advanced under paragraph 7 to <br />praftect the se:,c: ay of this Security Instrument; and (c) the performance of Borrower's c6 rants and agreements: For this <br />purpose, Bo-,rm&:er irrevocably grants and conveys to Trustee, in.tr,.tst, with power of sales thefollowing described property. .., <br />located in Hall County, Nebraska: <br />Parcel 1: Lot Four (4), Block One Hundred Thirty Four-(134), in Union Pacific Railway <br />Company's Second Addition to the City of Grand Island, Hall County, Nebraska. <br />and <br />ParWl 2: The Southerly Fifty and Fiat. Tenths (50.5) r-eet of Lot One (1) , itl Block One <br />Hundred Thirty Six (136) , in Anion faaaific Railway Company's Second Addition to the City <br />of Grand Island, Hall County, Nebraska, <br />which has the address of 821 North Kimball, and 814 North Sycamore, Grand Island , <br />(Streetl [C-tf; <br />Nebraska 68801 ( "Property Address"): . - -- <br />(t:p cede) <br />TOGETHER WITH all the improvements npw or hereafter erected on the property, and all easements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stuck and all fixtures now or <br />hereafter apart of the property. All replacements and additions shall also he covered by this Secunty Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property." <br />L BORRC Wilt C0VPYA%1q that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant <br />and conve) the Property and that the Property is unencumbered. except for encumbrances of record Borrower warrants <br />and will defend generally the title to the Property against all claims and demands, subject to any crtcuntbratices of record <br />Milts st(t RIFT ItiSTitt'NFtiT combines unitarm covenants fnr nattonal use and non- unitimn c(,vcnants with <br />limned variations by junsdldtf)n tr, Lnnstitute a uniform secunty instrument covering rent property <br />NEBRASKA—= umilr ltv tNsiRum1my form 11)?a 171pta <br />faw233MID .• r 1ep1)25 Sdiaa <br />J <br />