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w'r'r _-Y ■ C_7 .. . IT l /n (tipse AW" ThN t.Nw for R. brit ft WI DEED OF TRUST THIS DEED OFTRUST ("Security Instrument") is madeon December 3rd. 10(l .Thetrustoris Joel E. Seculars and Mary A. Sanders, each in his and her own right. and as spouse of each other (Borrower"). The trustee is Earl 0. Ahlschwado. Attorney ("Trustee"). The beneficiary is The Equitable Building and Loan Association, which is or an.:cdoindexiscing underthelawsof the State of Nebraska ,and whose address is X13 -115 North Locust Street, Grand Island, Nebraska 68801 ("Lender "). Borrower owes Leader the principal sum of Eighteen Thousand Two Hundred and no /100 ------ - - ---- --------------- _------------ Ilan (U.S. s 18, 200.00 ). 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 pa)•ableon January 1, 2006 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Smutity ILlsii unient, and k) the performance of Borrower's covenants at!cl agreements• For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described Troperty located in Hell Coast %, Nebraska: Lot One (1), Block One (1), Axt and Hagge's Addition to the City of Grand Island, Hall County, Nebraska, which hasalMSddressof 213 South Kimball Grar,2 Island sr «•:t (c,tyl Nebraska 68801 t" "Pmnperty Address "); V-0 co"I TOGETHER WITH 211 the improvements now or hereafter erected on the propctiy, and A,' caScseu.ts. �.6.••� 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 tom this Security Instrument as the "Property." BORROWER COVENANTS 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 encumbran: -s of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. NEBRASKA —single Ftmdy -- FNMA /FHLMC UNIFORM INSTRUMENT Fam 302E 12183 lowi. "[W I"AI "A' F.— lots laooasi4ao�h.uM, • i�, \a.• ia06.tai�Mli