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I11 r. lt; i s L �1 n, r; m jP 3 i 0i 1 i1 NI) � r IQ .n C l:rt c� • �7 a �,. TW iii ;., is Q Ca «i Cn This Deed of Trust is Being Filed to Correct the Legal Description e 1Swe Ahow This LNw For Raoidh DM) CORRECTIVE, DEED OF TRUST Q THIS DEED OF TRUST ( "Security lnstrument" ?ism de on July 13, 19 89 The trustor is Wallace C. Thompson and Mildred I . Thompson, each in his and her own right and as spouse of each other ( "Borrower"). The trustee is Earl D. Ahlschwede ( "Trustee"). The beneficiary is The Equitable Building and-' Loan Association , which is organized and existing under the laws of the State of Mbraske ,and whose address is 113 -115 North Locust, Grand Island, Nebraska 68801 ("Lender"). Borrower owes Lender the principal sum of Forty;•Eight Thousand Five Hundred and no /100--- - - - - -- ----------------------------- Dollars (u.S. S 48, 500.00 ). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payabbtmaxt as evidenced by the note. This Security Instrument swures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and tttadifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property in - 6' Lot Staventcan,(17) and Lot Thirty -One (31), in Block Seven (7), Unit Three, Continental Gardens, an Addition to the City of Grand Island, Hall County, Nebraska. -i which has the address of St. James #17 Grand Island [suaetl [city) Nebraska 68803 ( "Property Address "); ' (Zip Code) I � TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVFNANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THta SFcuRtty INSTRUMkNT combines uniform covenants for national use and non- untfomi covenants with limited vanattonshylunsdiction to constitute a uniform security instrument crnenng real property NEBRASKA- FNMA /FHLMC UNIFORM INSTRUMENT Form 3028 12/83 , anoar�riur ,..• -. ... , soo Fite a.a � .