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<br />ISWO mm" TAIL I" for waeoe- natal
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on December 0
<br />•1990 •Thetrustoris David A. Ellington and Louise E. Ellington, each in his and her own
<br />right, and as spouse of each other(••Borrower "). The trustee is Earl D. Ahlachwede ,
<br />Attorney C•Trustee "). The bonefieiary is
<br />The Equitable Building and Loan Association which is organized and txisting
<br />under the laws of the State of Nebraska , and whose address is 113 -115 North Locust
<br />Grand Island, Nebraska ("Lender )'
<br />Borrower owes Lender the principal sum of One Hundred Thirty Four Thousand and no/100 •- - - --
<br />_ -- -0ollars (U.S. $ 134, 000.00 ). This debt is evidenced by Borrower's atatti
<br />dated the same date as this Security Instrument ( "Note "). which provides for monthly payments, with the full debt, iU not
<br />paid earlier, due avid payable on January 1, 2016
<br />This Security Insi nx.n :nt secures to lender: (a) the repayment of the debt evidenced by the Note. with interest, and all
<br />renewals, extensions, and modifications: (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, borrower irrevocably grams aild conveys to Trustm in trust. with power of sale, the following de wribed properly
<br />located in '11311 County. Nebraska:
<br />Parcel One (1): Lot Sixteen (16), in Farrell Subdivision, Hall County, Nebraska.
<br />Parcel Two (2): Lots Fifteen (15) and Sixteen (16), in Ross First Subdivision, Hall
<br />County, Nebraske.
<br />Parcel Three (3): Lots Seventeen (17), Eighteen (18) and Nineteen (19). in Ross
<br />First Subdivision, Hall County, fte'nraska.
<br />1012 Claude Avenue,
<br />which has the address of 4271 West Capiral Avenue Grand Island
<br />Kt
<br />4263 West Capitalst.l 1 tyl
<br />Nebraska 68803 ("property Address');
<br />I2,p Coael
<br />TOGETHER WITH all the improvements now or hereafter erected on the property. and all easements, rights.
<br />appurtenances. rents, royalties. mineral, oil and gas rights and proms, water rignis and ,iu:e :ad a., ..eau.0 ••......•
<br />hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the -Property.-
<br />BORROWT -It eOVEIVANT5 that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey Ili,- Property and that the Property is unencumbered. except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SFct'RITY INSTRU'Aft%T combines uniform covenants for national use and non- umferin covenants with
<br />limited variations by junsdiction to constitute a uniform security instrument covering real property.
<br />NEBRASKA —s• igto Family— FNMA /FNI.MC UNIFORM INSTRUMENT Form 3028 12/83
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