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<br /> ' DEED OF TRUST
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<br /> � THIS DEED OF TRUST ("Security Instrument")is made on November 20, . —
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<br /> � 19 ag .The truscor is Terry 0. Lachnit and��oras,E. Laghn't ea�h in his end her own right�
<br /> and as spouse of eaeh other ("Bo er")�'�1�c���e�is ����1��. Ahlschwede, Attorney �
<br /> � (•'Trustce").The beneftciary is
<br /> �, The Equitable Building and Loan Association, ,which is organized and existing
<br /> � � under the laws of the State of Nebraska ,and whose address is-_113=115 North_Locust___
<br /> Street, Grand Island, Nebraska ("L.ender").
<br /> � Barrower owes Lender the principal sum of Fourteen Thousand and �o/100
<br /> __�ollars(LJ.S.S 14 000.00 ).This deht is evidenced by Horrower's note
<br /> � dated the same date as this Security Instrumenc('•Note"),which provides for monthly payments,with the full debt,if not
<br /> paid earlier,due and payable on December 1, 2004
<br /> k This Security Instrument secures to Lender:(a)the repayment of the debt evidenced by the Note, with interest,and all : j
<br /> � renewals,eatensions and madifications;(b)thc payment of all othcr sums.with interest,advanced under paragraph 7 ta , .
<br /> protxt t he security o f t his S e curity Instrumen t;an d{c)t he p e r f o r m a n c e o f B o r r o w e r's c o v e n a n t s a n d a g r a m e n t s.F o r t h i s ;�;
<br /> � purpose,Borrower irrcvocably granu and conveys to Trustee,m trust,with power of sale,the following described property � °�-
<br /> located in Cou,-ti',i:Sv�w�i:w: 'i�,'
<br /> { ' Hell r . ,,
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<br /> � ' of the North Ninet Ei ht Feet (N98') of Lot Three .
<br /> � The East Forty Four Feet (E44 ) y 9
<br /> (3) , ir+ Black Three (3) , in Lakeview Addition to the City of Grand Island, Hell
<br /> County, Nebraska, •
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<br /> whichhastheaddressof 107 West Ashton Street . Grand Island .
<br /> , (street� fC�b]
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<br /> Nebraska 68801 ("Property Address"); j
<br /> tz�p caae� I
<br /> ToG�'�'t�ER WIrH all the improvements now or hereafter erected on the propeny, and all easements, rights, ; �
<br /> appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stcek and all fiatures now or •
<br /> � herwfter e part of the property.A11 trplaccmcnts and additions shal!also be covered by this Security Instrument.All of'the
<br /> foregoing is referaed to in this Security tnstrument as the"Property."
<br /> LBoRitowER Cov�NANTS that Borcowtr is lawfuqy seisod of the estate hereby convcyed and has the right to grant
<br /> a�d ronvey ths Pr�perty and that the Prc►perty is unencumbered,except for encumbrances of record. Borrawer svarrants �
<br /> and will defend gtnerally thr title to the Property against al)claims and demands,subject to any er�cumbrancec of record. �`'
<br /> THIS SECI�RfiY 1:VSTRUMENt cumbines uniform covenants for nationai use and non-un�form cnvenants wrth
<br /> . limitc�f vanat�on}by)unsdteiton toconctisute�uniform secunty instrument covering rea)property. �_
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