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<br />under the IAws of the State of Nebraska . and w hose address is 113 -115 Nprth Locust
<br />treet, Grird - Tsland, Nebraska 68801. f'Leatder").
<br />ewes ender the principal sum of Fifty Six Thousand and no/ 100 ---------------------
<br />-- .Dollars (U.S. S 56,00g.00 ). This debtr is evidenced by Borrower's note
<br />dated the same date as this Secunty Instrument (-.Note"). which provides for monthh• payments. with the full debt, if not
<br />paid earlier, due and payable on July 1, 2004
<br />This 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 all 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 />Lot Four (4), Colonial Estates Fourth Subdivision, to the City of Grand Island, Hall
<br />County, Nebraska
<br />which has the address of 3011 Orleans Grand Island
<br />15 +reed ��,ryj '
<br />Nebraska 68803 (-Property Address..,)
<br />ToGETHEb 0' OTat'a,)• tbe'ir:iprovements now or hereafter erected on the and roperty, an all easements, rights.
<br />appurtenances, rents, rbyalties, aninrral, oil and gas rights and profits, water rights: and stock and all fixtures now or
<br />hereafter apart of the property. All replacements and addD2icros;.shall also be covered by ahis Security lnstrumenr. Ai it of the
<br />foregoing is referred to to this Security Instrument as the " Property -"
<br />BORROWER COVENAwES that borrower is lawfully seiset if t:ht%seate hereby conveyed and has the right it, grant
<br />and convey the Property and that the Property rs unencumb.ered,,excr t for encumbrances of record. [Iormwer %%arrant-s
<br />and will defend generally the title to the Property against all claims and demands, subject tir any encumbrances of record.
<br />Ttfls Stt t R11 'r 1%%IRt Mt %I cornhmes unlfimn covenants for national use and nrm•urnfnrrn L „%c•nant% with
<br />111nited sarnatnons by jurncdtr114111 to clrnstttute a uniform security Instrument rmenng real rl,q,,ert%
<br />NEBRASKA rNMAIFNIMC UNIFORM INSTRUMENT ► rm
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST
<br />("Security Instrument") is made on June 7,
<br />E9 89 . The trustor is Mary
<br />Joan Serbousek , an unmarried person
<br />("Borrower"). The ouster is Earl
<br />D, Ahlsehwede,
<br />Attorney.
<br />4
<br />( "Trustee "). The beneficiary is
<br />The Equitable Building
<br />and Loan Association
<br />. «hich is organized acid existing
<br />under the IAws of the State of Nebraska . and w hose address is 113 -115 Nprth Locust
<br />treet, Grird - Tsland, Nebraska 68801. f'Leatder").
<br />ewes ender the principal sum of Fifty Six Thousand and no/ 100 ---------------------
<br />-- .Dollars (U.S. S 56,00g.00 ). This debtr is evidenced by Borrower's note
<br />dated the same date as this Secunty Instrument (-.Note"). which provides for monthh• payments. with the full debt, if not
<br />paid earlier, due and payable on July 1, 2004
<br />This 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 all 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 />Lot Four (4), Colonial Estates Fourth Subdivision, to the City of Grand Island, Hall
<br />County, Nebraska
<br />which has the address of 3011 Orleans Grand Island
<br />15 +reed ��,ryj '
<br />Nebraska 68803 (-Property Address..,)
<br />ToGETHEb 0' OTat'a,)• tbe'ir:iprovements now or hereafter erected on the and roperty, an all easements, rights.
<br />appurtenances, rents, rbyalties, aninrral, oil and gas rights and profits, water rights: and stock and all fixtures now or
<br />hereafter apart of the property. All replacements and addD2icros;.shall also be covered by ahis Security lnstrumenr. Ai it of the
<br />foregoing is referred to to this Security Instrument as the " Property -"
<br />BORROWER COVENAwES that borrower is lawfully seiset if t:ht%seate hereby conveyed and has the right it, grant
<br />and convey the Property and that the Property rs unencumb.ered,,excr t for encumbrances of record. [Iormwer %%arrant-s
<br />and will defend generally the title to the Property against all claims and demands, subject tir any encumbrances of record.
<br />Ttfls Stt t R11 'r 1%%IRt Mt %I cornhmes unlfimn covenants for national use and nrm•urnfnrrn L „%c•nant% with
<br />111nited sarnatnons by jurncdtr114111 to clrnstttute a uniform security Instrument rmenng real rl,q,,ert%
<br />NEBRASKA rNMAIFNIMC UNIFORM INSTRUMENT ► rm
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