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<br />DEED OF TRUST
<br />THIS DEED OFT? UST ( "Security Instrument -) is made on April 25,
<br />19 99 The trustoris Harold J. Christ and Burdean A. Christ, each in his and her own right,
<br />and a:; spouse of each other, ("Borrower "). The trustee's Earl D. Ahlschwede, Attorney
<br />( "Trustee"). The beneficiary is
<br />The Equitable Build:.ng and Loan Association, which is organized and existing
<br />under the laws of the State of Nebraska and whose address is 113 -115 North Locust,
<br />Grand Island, Nebraska 68801 ("Lender").
<br />Borrower owes Lender the principal sum of Twenty Five Thousand and no/100 ----------------------
<br />------------------------ - - - - -- Dollars (U.S. 5 25 000.00 ). This debt is evidenced b� Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable or. May 1, 2009
<br />i'his 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 ail other sums, with interest, advanced under paragraph 7 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 />Lots Five (5) and Seven (7), in Block Twenty One (21), University Place, an [addition
<br />to the City of Grand Island, Hall. County, Nebraska,
<br />which has the address of 1920 -22 North Sheridan Street, Grand Island
<br />t5ueet] fCbl
<br />P'cbraska 68803 ( "Property Address ");
<br />(Z-p Codel
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<br />TOGETHER WITH all the improvements nove 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 />hereafter a part 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 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 watrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with
<br />limited variations by jurl%diction to constitute a uniform security instrument covering real property.
<br />NEBRASKA— single Famdy— FNMA /FHLMC h.%NIFORM INSTRUMENT
<br />Firm 1915
<br />M►
<br />Form 3028 12/83
<br />t :o Pea-der call tPEnT LAvrs nUSNESS FOAKIS. nce
<br />14100.253 -0M Neconeey • N%ctVm11JOD35"04,1
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