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Y <br />L <br />(Space Atleve, This line For Recording Vital <br />DEEP OF TRUST <br />D <br />THIS UEGD OF TRUST f "Security lnst.riunent ") is made on May 23 , <br />14 89 .Thelrusloti% Lawrence Douglas McPh'lli s and Jule F a pis McPhillips, ,eaph in his <br />.pac�j o�RR a /.k/ f a F sc we Ph lisps <br />and her own right, and as spouse ofltiorrower Me trustee is ar A i� �i de, Attorney <br />( "Trustee "). The beneficiary is <br />The Equitable Building 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 />Street, Grand Island, Nebraska, 66801 ----- _ -_ - - -_ ("Lender"). - <br />orrower ouies Lender the principal sum of Twenty On. Thr�v and and no/100 <br />- - - <br />poitars (I. .S. S 211 UOQ 4 p© ). This debt is evidenced by Borruwn"s note <br />dated the same date as thi +Security instrument ("Note"). uhtch provides for monthly payments, with the full,d&r, if not <br />paid earlier, due and payable on June 1, 2004 <br />This Security Instrument secures t,:. Lender, (at the repayment of the debt c%idenced by the Note. with interest, and all <br />renewals, extensions and modifications., M) the ga)ment of all tither sums. with intcnst „advanced under paragraph 7 to <br />protect the security of this Security (0 the performance of Horrnwer's cirvenants and agreements. For this <br />purpose. Borrower irrevocably grants and conveys try. Trustee, in trust, with power of sale. the following described property <br />located in Hall Ccunty, Nebraska: <br />Lot Three (3), in Imperial Village Third Subdivision, City of Grand Island, Hall County, <br />Nebraska, <br />which has the address of 1316 North Sheridan Place, Grand Island , <br />ISrreet) �.ty) <br />Nebraska 68803 ("Property Address"); <br />`I +u codel <br />TOCi UMP WI7H all the improvements now or hereafter erected on the property, and all casements, rights. <br />appurtenances, rents, royalties. mineral, oil and gas rights and profits, water right% and stock ri�vd all fixtures now or <br />hereafter apart of the property. All replacements and additions shall also be covered hy'this Security Instrument All of the <br />foregoing is referred to in this Security instrument as the "Property” <br />IRWRUwt.R Cf iv F NAN IS that Borrower is lawfully seised of the estate hereh) conveyed an,i has the right to grant <br />and convey the Property and that the Property is unencumbered. except for encumbrance~ of record Horn mer Warrant% <br />and will defend gerierally the title it, the Property against all claims and dcrnantis. suh)erIN) any ent; uinhrances of rei,ord <br />Fill-, Sit I KII•, 1V,,IRi mi%i oynibinc% inuffirni covenant% for national use and Tion tinifotin LowiS:iins Wiih <br />lrrnrtrct san:Ih:ushv )irrlsdi. u�•n t�•, �mstii!rtc a uuifilrm security in,truttx•rlt ..s c•nlie n,ll hr�rcrt. <br />NEBRASKA I i . FNMAIFNtML IiNIFORM INSTRUWN! <br />I c::+o 251 n1170 <br />I.,.•. 3018 is ni <br />• ouv,nn aco3 <br />i.A- fl <br />ss r <br />TM <br />n <br />a <br />Pr <br />ti <br />r <br />i <br />7 <br />� <br />.1 <br />o <br />1J <br />Cri <br />C <br />fn <br />L <br />(Space Atleve, This line For Recording Vital <br />DEEP OF TRUST <br />D <br />THIS UEGD OF TRUST f "Security lnst.riunent ") is made on May 23 , <br />14 89 .Thelrusloti% Lawrence Douglas McPh'lli s and Jule F a pis McPhillips, ,eaph in his <br />.pac�j o�RR a /.k/ f a F sc we Ph lisps <br />and her own right, and as spouse ofltiorrower Me trustee is ar A i� �i de, Attorney <br />( "Trustee "). The beneficiary is <br />The Equitable Building 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 />Street, Grand Island, Nebraska, 66801 ----- _ -_ - - -_ ("Lender"). - <br />orrower ouies Lender the principal sum of Twenty On. Thr�v and and no/100 <br />- - - <br />poitars (I. .S. S 211 UOQ 4 p© ). This debt is evidenced by Borruwn"s note <br />dated the same date as thi +Security instrument ("Note"). uhtch provides for monthly payments, with the full,d&r, if not <br />paid earlier, due and payable on June 1, 2004 <br />This Security Instrument secures t,:. Lender, (at the repayment of the debt c%idenced by the Note. with interest, and all <br />renewals, extensions and modifications., M) the ga)ment of all tither sums. with intcnst „advanced under paragraph 7 to <br />protect the security of this Security (0 the performance of Horrnwer's cirvenants and agreements. For this <br />purpose. Borrower irrevocably grants and conveys try. Trustee, in trust, with power of sale. the following described property <br />located in Hall Ccunty, Nebraska: <br />Lot Three (3), in Imperial Village Third Subdivision, City of Grand Island, Hall County, <br />Nebraska, <br />which has the address of 1316 North Sheridan Place, Grand Island , <br />ISrreet) �.ty) <br />Nebraska 68803 ("Property Address"); <br />`I +u codel <br />TOCi UMP WI7H all the improvements now or hereafter erected on the property, and all casements, rights. <br />appurtenances, rents, royalties. mineral, oil and gas rights and profits, water right% and stock ri�vd all fixtures now or <br />hereafter apart of the property. All replacements and additions shall also be covered hy'this Security Instrument All of the <br />foregoing is referred to in this Security instrument as the "Property” <br />IRWRUwt.R Cf iv F NAN IS that Borrower is lawfully seised of the estate hereh) conveyed an,i has the right to grant <br />and convey the Property and that the Property is unencumbered. except for encumbrance~ of record Horn mer Warrant% <br />and will defend gerierally the title it, the Property against all claims and dcrnantis. suh)erIN) any ent; uinhrances of rei,ord <br />Fill-, Sit I KII•, 1V,,IRi mi%i oynibinc% inuffirni covenant% for national use and Tion tinifotin LowiS:iins Wiih <br />lrrnrtrct san:Ih:ushv )irrlsdi. u�•n t�•, �mstii!rtc a uuifilrm security in,truttx•rlt ..s c•nlie n,ll hr�rcrt. <br />NEBRASKA I i . FNMAIFNtML IiNIFORM INSTRUWN! <br />I c::+o 251 n1170 <br />I.,.•. 3018 is ni <br />• ouv,nn aco3 <br />