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<br />DEED DE TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on Au asst, 2,
<br />19 89 . The trustor is Maynard A. Lif arid! Marilyn M. Lif, , elch in his and her own right, and r
<br />as spouse of each other, ( "Borrower ,,). The trustee is Earl D. Ahlsehwede , Attorney,
<br />( "Trustee"). The beneficiary is
<br />The Equitable Building and Loam Association, , which is organized and existing
<br />under the laws of the State of Nebraska:: ,and whose address is 113 -115 North. Locust
<br />Street, Grand Island, Nebraska 68801 C`Lctlder ").
<br />Borrower owes Lender the principal sum of Sixteen Thousand Five Hundred and no/100 ----- - -- - --
<br />_____ Donate (1.S. S 16;500.00 ). This debt is evidenced by Borrowees note
<br />dated the same date as t)fis Security Instrument ("Note"), which provides for, monthly payments, with the full debt, if not
<br />paid earlim due and payable on September 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 intereat,, advanced under paragraph 7 to =
<br />protect the security of 044 Security Instrument;-and (c) the performance of Borrower- :s=venants and agreements. For this rf
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with pow?er ofsale, the following described property
<br />located in Hall County, Nebraska:
<br />-Lz-t. Tan 110), in Block Fifteen (15) , in College Addition to blest Lawn, an the City of
<br />Grand Island, Hall County, Nebraska,
<br />t
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<br />which has the address of 2207 North Huston Grand Island, ,
<br />(street) Icurl
<br />Nebraska 68803 ( "Property Address");
<br />(Zip Code]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />}hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security instrument as the "Property."
<br />LBORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SrcuRiTN INSTRUMENT combines uniform covenants for national use and non - uniform covenants with
<br />limited variations by jurisdiction to constitute uniform security instrument covering real property.
<br />NEBRASKA- s:Rg:e Fami'y-- •FNMA /FHLMC UNIFORM INSTRUMENT Form 3028 12/83
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