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F r 89-- 104406 [Stier "M Vft tXM fiff ItecaI&W oral DEED OF TRUST THIS DEED OF TRUST ( "Security instrument") is made on August 18, , 19gq Thetrustoris Jerry J. Landell, an unmarried person ( "flerrow'tO. The trustee is Earl 0. Ahlsehwede, Attorney (-Trustee "). The beneficiary is . The Equitable Building and Loan Association , which is organized and existing undarthe Saws of the State of Nebraska . and whose address is 113 -115 North Locust Street,: Grand. Island, Nebraska ("Lender "). Borrower owes Lender the principal sum of Sixteen Thousand Five Hundred and no/100 ----- - - - - -- - - - - -- _---- _--- _- _- ___cellars (U.S. b 16,500.00 ). This debt is evidenced by Borrower's note dated the same date as this Security lnstrumert ( "Note"), which provides for monthly payments, with the full debt, if not paid tardier. due and payable on September 1, 2004 This Security Instrument secures i:z Lender: (&)the repay=it of the debt evidenced by the Note, with interest, and all renewals, extensions and modif6mxtons; (b) the payment of r`u oth:rr sums, with intemest, advanced under paragraph 7 to protect thew. untyo4this Seco: 0.-w Instrument; and (c) the performrn';eOBorrowtes covenants andagreements. For this purpose, Borrower itrievocably jrants and ca mvveys to Trustee. in true, wir h power of sale. the following described property . looted in Hall County, Nebraska: The East Forty -Eight and Four Tenths M48.4) Feet cf',Lot Five (5), in Block Three (3) , of Hann's Second ?addition to the, =ilty of Grand Sslard, Hall County, Nebraska, which has- the ad&. tss4 110 East Koenig Street Grand Island , . ISc.eeY (:�tvl Nebraska 68802 ( "Propert) Addtess".1; tz•a cal TMETHEtt WITH all the improvements now (x hereafter erected on the property, and all easements, rights, aptutis nays. rents. rovaltits, mineral. oil and ps rights and profits. water rights and stock and all Gntures now or herEitilRc&partoftheprrVrty. All replacements and addirivns shall also be covered by this Security Instra inimt. Allofthe foieg)ingis referred to in this Security Instrumcnt as the "Property." LBrit A0WV,,% CUVkNAtiIS that Borrower is lairfully seised cif dhe estate hereby cemveycd and has the right to grant and convey Ific -PMperty and that the Property is unencumbered: except for encumbrances of record. B:)n 6wer warrants and will defend generally the title to the Property against all claims and demands. subject to any encuirlitan' zcs of rccurd. 11115 S.f(_i rtI% IWIIt1N1%f combines uniform covenants for national use and nimf uniform covenant; with hinited vartatiom by jun%diuve n arcinistitute a uniform wcurity insirurnent cheering real proMty NE/RASM - -re re— " FF MAIr1IlaAG utwottM I1131RUMENT Form 30283 12/8.31 raaistliaaa'r•- +:r:. =c. •e :v ♦abO�6rlpl t" 3