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I <br />I <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 <br />u 30 ?B 12�131 <br />1 BfDO 797 AT(39' 1 nW 319 Dti6) <br />7- <br />w. <br />t� <br />.. �j <br />rn r <br />0 <br />4 <br />e= <br />' <br />ur <br />1 • <br />- � ,�. <br />cl�b <br />ED <br />LD <br />N <br />D <br />Z <br />z- <br />m <br />L <br />_ <br />F <br />ens <br />r <br />rn <br />(Spate Above This line For Recording Data) <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 <br />u 30 ?B 12�131 <br />1 BfDO 797 AT(39' 1 nW 319 Dti6) <br />7- <br />w. <br />t� <br />.. �j <br />