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[!gait Ntw T? ft Lire Far R"ordins tiarw} •: . -.SEED OF TRUST � — THIS DEED OF TRUST ( "Secuiiy:.Lnstrument ") is made on. August 16 { 19eg The ttic is Alvin L. Hem�sgsen and Duffay M. Hemmingsen, a db in his and ht� ..V►an right, and a %_* ouse of each =rBoffower").Thetrusteeis Earl D. Alschwede, Attorney; ;:° ( "Trustee "). Thebene8eiary is Equitable Building and Loan Association ,whichisorb dexisting under the laws of State of Nebraska . and whose address is 11$ -115 n toe st Grand Island, N€ 68801 ( "Lender"). Borrower owes Lender the principal sum of 'twenty One Thousand and n01100 21 000.00 --- --- ----- ~--- ---- - - - ~--- Dollars (U.S. S r ). This debt is evidenced by $ki�rower's note ' • y' dated the same dateps this Security Instrument ("Note"); which provides for mamlih, paymrnts. with the full debt, if not paid earlier. duesiW.payableon SeOtember 1, 2004 This Security It s(sutitent secures to Lender, •(a) the repayment of the debt evidenced by the lY +a {:e, with interest, and all: _ renewals, exten rind modifications; (b) the payment pf all other sums, with interest. advi= d under pwragraph 7 to protect the security. of this Secnidl�y Instrument; and (c)1.lt -j�prformance of Borrower's covenants and asrae uWts. For this purp;S. 8orrorwP*irrevocrbty gents and conveys to Trvt .- e. in trust. with power of stile. the foliowinadesm Med property located in Ha f.i . County, Nebraskts: Lot Three (3 . An Block Two , (2) ir, koehler Place, an Addition to.-the City of Grand, Island, Hall.flunty, Nebraska, which Fin the iFcass 8 232 South Plum, Grand Island, 15traett IG�,b Nebraska 68801 ( "Property Address "): - - -- (zra carol i TOGEMIElt Wtrit aff . ttt improvements now or hereafter erected.c�, fli ;e property. and all easements, rights, i npportenattuss;,*11. roy'aittfti minerai,'dit AM gtts hots and prof.ts.'c4�li /a t`ghts and stock and all fixtures now or herem" a ptlttlibl`.),M propertg;: /till replacements and additions shal)akki,tncrcrsered by this Security Instrument. All of the forgc4ng is refer itrl fain tiji-$,o. unity Instrument as the "P'roperty." &MROwrit CoV1:_si. 'm that Borrower is lawfully seised of the estate hereby conveyed and his the right to grant and Convey the Property and itrai the Property is unencumbered. except for encumbrances of record. Borrower warrant Mid will defend generally the title to tM priverty against all claims anddemands, subject to any encumbrances of record. Tolls srtuRtty INSt1tuMM combirtes uniform covenants for national use and non - uniform covenants with limited variationsbyprodiettett tocortstitutea uniform security instrument covering real propeily NEBRASKA- _s-,,ire remdr-- FMiMA /i1410C UNNOW 1NNTRUNKM Perm 3025 12/83 . - ' • adwaaa seas °: _ ,c : , .._ _.,a , roc 3" 8941 . 1