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�j(� __ _ r:rJdCaw�'ido iL4t+ ta........-..._.. r.. �.r... �._ �_ �................._...........- aft-.-106504 DEED OF TRUST FHA CASH NO. STATE OF NESRAM4 321 -1 438746 -748b — THIS DEED OF TRUST ( "Security InAument "P is made on November 13 . 19t a0 TEte txustor is Allen 0. Vargason and Laurie J. Vargason, Husband and Wi a 11he crttsaee Comrrcial Fe6eml Bank, A Federal Savings Bank (..6tusrtre "). 1li�nt�:'=r Lyt3L Ga nmays.ard Wan Association of Gnuund Island , alrhiciz as organized and existing under the laws of ad, whose address is 221 South Locust, Grand Island, Nebraska 68801 ("Lender "). Borrower owes Lender the printipa) suns O€ Thirty Thousand Nine Hundred and 00/ 100 ----------------------------------------- Dollars(U.S.S 30,900.00 ) 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 payable on December 1, 2020 This Security instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all t,7acwals. extens "sons and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 6 to RmW the seatrity of this Security Instrument; and (c) the performance of BotnoweQ s covenants and agreements. For this perpose. goL -=vw =iwicaMy grants and conveys to Trustee, m Mtu, vo t power of sate, the following described property hX=Md in • ; µ,Vi: County, Nebraska: Lot .C.rte (1) in Black Sixteen (16) i-I.G. Clark's rddlt- :n. to the City of Grand rsland, gall County, Nebraska. which has theaddressof 722 North Elm lStreal Nebraska 6B801 ( "Property Address "); Grand Island lfita I Ihpfodel 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 theproperty. All replacementsand additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grain and convey the Property and that the Property is tmencumbered. except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all clamis and demands, subject to any encumbrances of record. ,r. •i' t. t� ,., Pawe 10 4 Ftt a NF8R.1SKA DEM of 'MUST To Ceaeer nom tin • 1"A uu. e+ n, im m, tM ` Fam 6&W (IM t5A t ep►z"�1oto9 ter , caJOa saws ►ac rotor :vt t tst f Pawe 10 4 Ftt a NF8R.1SKA DEM of 'MUST To Ceaeer nom tin • 1"A uu. e+ n, im m, tM ` Fam 6&W (IM t5A t ep►z"�1oto9 ter , caJOa saws ►ac rotor :vt t tst f