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<br /> � � TH1S DBED OF TRUST ("5ecurity Instrument")is made on November fs, . c' .
<br /> 1� $�.Tuc i�us.o��s �anciall c. Dubbs an�i �amaZa J. Oubbs, �sch �.r: his and her awn right, ��
<br /> � entt as spouse of e��h other ("Bcrrawer").The trustee is Earl ¢•'�hTrustee a The beneflc'ia y is
<br /> ' The EquiLab],e Buiidi�g and Loan Assocxation, which is organized and ucisting
<br /> j under the lawssf� the State of NebTaske ,and whoscaddress is 113-115 N�I'th LocttBt
<br /> � Street, Grand Island, .Nebraska 68801 ("Lender").
<br /> ; Borrowu owes Leader theprinc�pal sum af Fifty Two Thousand anc! ne/100 ------------------------
<br /> � ___________ _ _ __- ---Dollars(LF•S•S 52,000.00 )•This debt is evidenced by Borrower's noto
<br /> J dated the same date as this Security Ins2rument("Note"),which provides for monthly payments,with the Pull debt,iP not
<br /> ` paid earlier,dueand paynblc on Oecember 1� 1989
<br /> � This Security Instrument serures to Ltnder:(a)the repaymont of the debt evidenced by the Note,with interest,and all _
<br /> renewals.extensions and modiftcations; (b)the payment of all other sums.with interest,advanced undcr paragraph 7 to �
<br /> � protcet the security of this Security lnstrument;and(c)the performance of Bonower's covenants and agreements.For this ;__t-
<br /> i purpose,Borrower irrevocably grants and conveys to Trustee.in trust,with power of sale,the following described property •_;_y'
<br /> � lacated in �a11 County,Nebraska: �
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<br /> (Parcel 1) A tract of land comprising the Southerly Five Hundred Fifty Three (553.0)
<br /> ! feet of the Westerly Nine Hundred Farty Five and Twenty Five Ftundredths �
<br /> (945.25) feet of the Sauthwest Quarter o€ the Northwest Quarter (Si��NW�)
<br /> � of Section Twenty One (21) , Township Ele�cen (11) North� Hange Twelve (12)
<br /> West of the 6th P.M., Hall County, Nebraska,
<br /> � (Parcel 2) Lot One (1) Dubbs Subdivision, Hall County, Nebraska,
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<br /> (Parcel 1) Route 2, Box 51, Shelton
<br /> wrhichhastheaddrossof �parcel 2) ROUt����� Box 216, � Woo��,��ver '
<br /> 68876 --- -- ---
<br /> Nebrsska 68883 ("Property Address"): "
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<br /> TcxfETHER Wt'rH all the imprnvrmcnts now or hereafter erected an the propeny. and all easements, rights. �
<br /> appurten�nces, rents, royalties, mineral. oil and gas rights and profits. water rights and stock and all fixtures now or •
<br /> hereafter a psrt of the propeny.All�eplacements and additions shall also be covered by this Security Instrument.All of the
<br /> faregoing is reftrred tn in this Security Instrument as the"Properiy."
<br /> L BoRROV�'ER Cov�yA�TS that Borrowet�s lawfully seised of the estate hereby conveyed and has thc n�ht to gr:�nt
<br /> and convey the i'ropersy and that the Propeny is uneRCUmbered.except for enruntbrances of record. Hormwer warrantc
<br /> and wifl defend grnerally the t�tle tv the Property againsi all claims and demandc,subject t�any encurnbrancrs of rernrd
<br /> ��Itt:; S{'Ct'ItftY 1`:tilEti"S'!t�Ji CGSnbutes un:[�rm covrnnnts for n:l�lut�al «�.c s�nd nnn•nmfnrm r���enaniti «�th
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<br /> NEBRASKA- �,`�q'e �e���i iNAAAJfHIMC UNIfANAi! INSfRUMEN� form 3028 12/83
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