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A TRACT OF LAND COMPRISING A PART OF LOT "H" JOEHNCK'S SUBDTVISION IN
<br />THE SE 1/4 OF SECTION 15, TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE 6TH
<br />P.M., IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS
<br />FOLLOWS: BEGINNING AT A POINT ON THE SOUTHEASTERLY LINE OF MAC ARTHUR
<br />AVENUE IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, SAID POINT
<br />BEING 33 FEET SOUTHEASTERLY AND 339 FEET SOUTHWESTERLY FROM THE
<br />NORTHEAST CORNER OF SAID LOT "H" JOEHNCK'S SUBDIVISION; THENCE
<br />SOUTHEASTERLY PARALLEL TO THE NORTHEASTERLY LINE OF SAID LOT "H", A
<br />DISTANCE OF 141.6 FEET; THENCE SOUTHWESTERLY PARALLEL TO THE
<br />NORTHWESTERLY LINE OF SAID LOT "H ", A DISTANCE OF 58 FEET; THENCE
<br />NORTHWESTERLY PARALLEL TO THE NORTHEASTERLY LINE OF SAID LOT "H" A
<br />DISTANCE OF 141.6 FEET TO THE SOUTHEASTERLY LINE OF MAC ARTHUR AVENUE;
<br />THENCE NORTHEASTERLY PARALLEL TO THE NORTHWESTERLY LINE OF SAID LOT
<br />"H ", A DISTANCE OF 58 FEET TO THE PLACE OF BEGINNING.
<br />which has the address of 633 E MACARTHUR GRAND ISLAND
<br />Nebraska 68801 (herein "Property Address ");
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the
<br />foregoing, together with said property (or the leasehold estate if this Deed of Trost is on a leasehold) are hereinafter
<br />referred to as the "Property";
<br />TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated 01/23/2004
<br />and extensions mud renewals thereof (herein "Note "), in the principal suer of U.S. $ 78, 419.29 , with interest thereon,
<br />providing for monthly installments of principal and interest, with die balance of the indebtedness, it not sooner paid, due
<br />and payable on 01/28/2019 ; the payment of all other sums, with interest thereon, advanced in acwrdance herewith to
<br />protect the security of this Deed of Trost; and the performance of the covenants and agreements of Borrower herein
<br />contained.
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants that
<br />Borrower warrants and will defend generally the title to the Property against all claims mid demands, subject to
<br />encumbrances of record.
<br />Nebraska 268'16 -41/98 OIiginel(ReCorded) Copy(Brsnch) Copy(Customer) Page l ol5
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<br />DEED OF TRUST
<br />SS
<br />'HAAS DEED OF TRUST is made this 23rd day of January , 2004 among the Truster,
<br />RICHARD L. STUDLEY AND LINDA S. STUDLEY, HUSBAND AND WIFE
<br />(herein "Borrower "),
<br />Michael F. Kivett (herein
<br />"Trustee'), and the Beneficiary, CITICORP TRUST BANK, FSB ,
<br />a federal savings bank chartered tinder the laws of the United States or America , whose
<br />address Is 100 COMMERCE DRIVE NEWARK DE 19713 (herein
<br />"Lender ").
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and
<br />conveys to Trustee, in cost, with power of sale, the following described property located in the County of
<br />HALL . State of Nebraska:
<br />A TRACT OF LAND COMPRISING A PART OF LOT "H" JOEHNCK'S SUBDTVISION IN
<br />THE SE 1/4 OF SECTION 15, TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE 6TH
<br />P.M., IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS
<br />FOLLOWS: BEGINNING AT A POINT ON THE SOUTHEASTERLY LINE OF MAC ARTHUR
<br />AVENUE IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, SAID POINT
<br />BEING 33 FEET SOUTHEASTERLY AND 339 FEET SOUTHWESTERLY FROM THE
<br />NORTHEAST CORNER OF SAID LOT "H" JOEHNCK'S SUBDIVISION; THENCE
<br />SOUTHEASTERLY PARALLEL TO THE NORTHEASTERLY LINE OF SAID LOT "H", A
<br />DISTANCE OF 141.6 FEET; THENCE SOUTHWESTERLY PARALLEL TO THE
<br />NORTHWESTERLY LINE OF SAID LOT "H ", A DISTANCE OF 58 FEET; THENCE
<br />NORTHWESTERLY PARALLEL TO THE NORTHEASTERLY LINE OF SAID LOT "H" A
<br />DISTANCE OF 141.6 FEET TO THE SOUTHEASTERLY LINE OF MAC ARTHUR AVENUE;
<br />THENCE NORTHEASTERLY PARALLEL TO THE NORTHWESTERLY LINE OF SAID LOT
<br />"H ", A DISTANCE OF 58 FEET TO THE PLACE OF BEGINNING.
<br />which has the address of 633 E MACARTHUR GRAND ISLAND
<br />Nebraska 68801 (herein "Property Address ");
<br />TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such
<br />rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the
<br />foregoing, together with said property (or the leasehold estate if this Deed of Trost is on a leasehold) are hereinafter
<br />referred to as the "Property";
<br />TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated 01/23/2004
<br />and extensions mud renewals thereof (herein "Note "), in the principal suer of U.S. $ 78, 419.29 , with interest thereon,
<br />providing for monthly installments of principal and interest, with die balance of the indebtedness, it not sooner paid, due
<br />and payable on 01/28/2019 ; the payment of all other sums, with interest thereon, advanced in acwrdance herewith to
<br />protect the security of this Deed of Trost; and the performance of the covenants and agreements of Borrower herein
<br />contained.
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants that
<br />Borrower warrants and will defend generally the title to the Property against all claims mid demands, subject to
<br />encumbrances of record.
<br />Nebraska 268'16 -41/98 OIiginel(ReCorded) Copy(Brsnch) Copy(Customer) Page l ol5
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