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<br />THIS DEED OF TRUST ( "Security Instrument ") is made on September 14 '1990
<br />The grantor is
<br />Russell L. Bursa, Sr. and Christina Buren, husband and wife,
<br />( "Borrower ..). The trustee is Commercial Federal Savings and Loan Association
<br />( "Trustee "). The benefkiary is
<br />1 The Overland National Bank of Grand Island
<br />which is organized and existing under the laws of Nebraska , and whose
<br />addtaw is 304 West 3r4 Str., F.O. Box 1688, Grand Inland, NE 68802
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />Fifty thousand six hundred fifty and no/ 100--------------------- - - - - -- - - - - --
<br />Dollars (U.S. $50,650.00 ). Thic debt is evidenced by Borrower's note dated the same date as thirt Security
<br />Instrument ( "Note "), which provides for monthly payments. with the full debt. if not paid earlier, due and payable on
<br />October 1, 2020 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
<br />by the Note. with interest, and all renewals. extensions and modifications; (b) the payment of all other sums, with interest,
<br />advanced holder paragraph 6 to protect the security of this Security instrument; and (c) the performance of Borrower's covenants
<br />and agreements under this Security Instrument and the Note. For this purpose. Borrower irrevocably grants and conveys to
<br />Trustee, in tows, with the power of wk. the following described property located in
<br />Hall County, Nebraske:
<br />Lot Four (4). and the West Seventeen Feet Four Inches (1417'4 ") of Lot Three
<br />(3). in Block Thirty-8even (37) in Russel Wheeler's Addition to the City of
<br />Grand lsland.-Rall County, Nebraska.
<br />whlc6 has theaddrngc of AM Qat 12th St`r.: Grand Inland
<br />Nebraska 66801 lilt- yodel, ( "Property Addrtss "):
<br />Mica. fowl.
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<br />TOGETHER WITH all the improvements now or hcrcatter erected on lire property, and all easement%. nybts. appurte MILr%.
<br />rents. roya)tks. mineral, oil and gas rights and profits, water righo and Htkk and all fixtwev now or here ttr a part of the
<br />propeny,. All repkuemests and additions shs% alpo be *aveaed bf, it+h;x Security Instrument AVV of the loreVoiug is refir4red
<br />' to in t�ti6t tWurky Instrument "AN "Propt:mi. , _
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<br />WM>:AU -fit, Myp"NANTq;4Mu Borrower is law•t'sill: ,eised of the esfaw tavr&+ carn%e)ed howl has 1,.e 1441 40 nwrtitage
<br />:, ,ljrant sin d coma yr the Iftoperty acrd that the Property i% utwrteutnfteacci, exeert for encumbrance% M record. &srrower aa.r rants t
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<br />sfd %trill dcfttjtd gmuall , the titk to the Pruperty ,against all eWrms and demand%, subject to any encumbrances %A record.
<br />1. Payment of Pri lcipa1. late" amt LottChsrlle. lorrower %hall pay %whoa due the pnncil,aI it 1. and till ere%t tin, the
<br />debt evidenced by the Note and late charge% due under the Not..
<br />2. MontillyPsyatntsof Im n, lawrasm and thhert'hnrge%. Ilottt%t%r:r %hall nalude m ea%h rnunthl� l%,nntent, fuµ. thrr
<br />with the pritwipaland interest a% set forth in the Note and any late charges, .tit nr+ Almew tit au% (a) tare %,utd %l+e.tal a +%e + +ntrnt+ `
<br />Ic%icd or to be levied agahm the Ihol%erty. Ih) lea%ohuld 1+3%meat* ur around rent+ till the I'rulktt%, and 1.1 1+renuuur+ hit
<br />inwurance rcmquif-W by paragraph 4.
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