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y f DEED OF -TRUST _ BHA CASE NO -�— Q — - - - -- - S'fATZ OF 321 1427245 •fj; . — THIS DEED OF TRUST ( "Security Instrument ") is made on September 4 , 1990 The ti WO is Mirk E. vien and Kimberly A., McGowan, each in his and her own Tight, end as spouse of each. other, ( "Borrower "). ' Tltts trttsooe is Earl 0. Ahlsd ace, 'Attorney The bettefw M is The Equitable Building and Loan Association, 4 k L4. which is organized and existing under the taws of the Equitable Building and Lush Association, and whose address is Grant! Island, Nebraska ("Lender"). Borrower owes Lender the principal sum of Fifty One Thousand Nine Hundred and no/ 100 ----------------------- --��_ --- -- - l Dollars(U.S.S L 51,900.00 )• This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for - j monthlypayments, with the fulldebt, if not paid earlier .dueand payableon October 1, 2020 . This Security instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 6 to pmtbct the security of this Security Instrument and (c) the performance of Borrower's covenants and agreements. For this j purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property_ located in _ Hall County, Nebraska: The Westerly Fourteen. (14) Feet of Lot Six (6) and the Easterly Forty —Tiro (42) Feat of Lot Seven (7)., all in Block Three (3); in Morris Second Addition to the City of Grand Island, Hall County, Nebraska, which has the addlressof 219 East 19th Grand Island - lstrccal Ic uyl Nebraska 68801 ( "Property Address"); TOGETHER WITH all the. improvements now or hereafter erected an the property. and all easements. rights. appurtenances, rents, royalties, mineral. oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property_All replacements and additions shalt also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BURROWER COVENANTS that Borrower is lawfully seized of the estate hereby cvnvcyW and has the right to grant anil c imcy the Property and that the Property is unencumbered. .-except for cwumbramcs of recr>.rd. Borrower warrants ; and will defend generally the title to the Property against all claims and demands. subject to any encumbrances of recd td. i • -MA OF rRt°A - %1Zk KA 1it'1.`i3 I.. ►ut{ndhliilNCi{, (' -M l:,ti�ii•:(ra- ill,ia.:,',,1,.�: