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<br />,3 DEED OF TRUST
<br />THIS DEED OF TRUST (-Security Instrument ") is made on July 17 ,
<br />19 89 .Thetrustoris Donavone M. Michel, an unmarried person, and Hazel Price, an un-
<br />married person ( "Borrower "). The trustee is Earl 0. Ahlachweds , Attorney
<br />( "Trustee "). The bendkiary is
<br />The Equitable Building and Loan Association, , which is organized and existing
<br />under the lawsof the State of Nebraska , and whose address is 113 -115 North, locust
<br />Street, Grand Island, Nebraska ( "Lender ").
<br />Bormwer owes Lender the principal sum of Sixteen Thousand and no/100 ------------------------
<br />----------------------------- 4MIm(U.S.S 16,000.00 ). This debt is evidenced by Borrower's vote
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on August 1, 2009
<br />This Security Instrument secures to Leader: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, exiemians and modifications; (b) the payment of all other sums, with interest. advanced udder 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 One.Hundred Eighty Eight (188), in West Lawn Addition to the City of Grand Island,
<br />Hall County, Nebraska,
<br />whichhaatheaddressof 1416 North Broadwell, Grand Island ,
<br />Istr «11 (city)
<br />Nebraska 68801 ( "property Address ');
<br />l2b COttea
<br />Too THEtt WITH all the' 4 p'srsftents now or hereafter erected oa the lit+apc y vid all casements, rights,.
<br />apputter muKes, rents, royalties;.riiio�ral, oil and gas rigbas and profifns, water tr4eitvind stock and all fistaxes now, ar '
<br />hereafter a part of the property. Allf replscements and *"$ions shall also be covered this Security InstruTi, iSt: Ail of the
<br />fort oinS is referred to in this Security instrument as the **Property.**
<br />iictituowtER COVENANTS that Borro%Vt is lawfully seised of the estate hereby conveyed and has the nght to grant
<br />and crnvey the property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />said will defend generally the title to the property against all claims and demands, subject to any encumbrances of record.
<br />This Sixrani-! Y I%st ttt.'vtFs -r combines uniform covenants for national use and non - uniform cincnantti with
<br />limited variattonsby jurtcdtctson it)cotntitute ua uniform security instrument cotertng real property
<br />NEBRASKA y,r, sea•. tNMAIMMt; UNIFONM INSTRU1i M loan 3028 12/83
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