Beneficiary's address is 1345 "R" Street, Lincoln, Nebraska 68508.
<br />Borrower irrevocably conveys to Trustee, in Trust, with power of sale, the following:
<br />Lot Seven (7), Block (5), Country Club Subdivision, Hall County, Nebraska,
<br />also known by street address 2412 South August, Grand Island, Nebraska
<br />68801. BEING A PART OF THE E 1/2 NW 1/4 OF SECTION 28, IN
<br />TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE 6TH P.M., HALL COUNTY, NE.
<br />Together with all the rents and profits therefrom and subject to easements and restrictions
<br />of record, if any.
<br />Borrower owes Lender $70,000.00, evidenced by Borrower's note of even date,
<br />payable according to the terms thereof.
<br />This Security instrument secures to Lender the Debt evidenced by said note, the
<br />payment of all other sums, with interest, advanced under the provisions hereafter
<br />to protect the security and the performance of Borrower's covenants and
<br />agreements.
<br />Borrower covenants that Borrower is lawfully seised of such real estate and has the
<br />legal power and lawful authority to convey the same and warrants and will defend
<br />title to the real estate against the lawful claims of all persons.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />611131W0
<br />1. Borrower shall pay when due, the principal and interest as provided in said
<br />note.
<br />2. All payments received by Lender shall be for interest due and last payment
<br />to principal due plus accrued interest.
<br />3. Borrower shall pay all general real estate taxes and special assessments
<br />against the property before the same become delinquent.
<br />4. If Lender determines that any part of the property is subject to a lien, which
<br />is or may attain priority over this security instrument, Lender may give
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<br />THIS DEED OF TRUST is made on , 2001.
<br />The Trustor is Franklin L. Angel and Roxanne E. Smith, single individuals,
<br />a /k/a Borrower.
<br />The Trustee is Dana V. Baker, 6101 South 58th Street, Suite D, Lincoln, Nebraska 68516.
<br />a
<br />The Beneficiary is Margaret C. Smith, a single person, a /k/a Lender.
<br />Beneficiary's address is 1345 "R" Street, Lincoln, Nebraska 68508.
<br />Borrower irrevocably conveys to Trustee, in Trust, with power of sale, the following:
<br />Lot Seven (7), Block (5), Country Club Subdivision, Hall County, Nebraska,
<br />also known by street address 2412 South August, Grand Island, Nebraska
<br />68801. BEING A PART OF THE E 1/2 NW 1/4 OF SECTION 28, IN
<br />TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE 6TH P.M., HALL COUNTY, NE.
<br />Together with all the rents and profits therefrom and subject to easements and restrictions
<br />of record, if any.
<br />Borrower owes Lender $70,000.00, evidenced by Borrower's note of even date,
<br />payable according to the terms thereof.
<br />This Security instrument secures to Lender the Debt evidenced by said note, the
<br />payment of all other sums, with interest, advanced under the provisions hereafter
<br />to protect the security and the performance of Borrower's covenants and
<br />agreements.
<br />Borrower covenants that Borrower is lawfully seised of such real estate and has the
<br />legal power and lawful authority to convey the same and warrants and will defend
<br />title to the real estate against the lawful claims of all persons.
<br />BORROWER AND LENDER AGREE AS FOLLOWS:
<br />611131W0
<br />1. Borrower shall pay when due, the principal and interest as provided in said
<br />note.
<br />2. All payments received by Lender shall be for interest due and last payment
<br />to principal due plus accrued interest.
<br />3. Borrower shall pay all general real estate taxes and special assessments
<br />against the property before the same become delinquent.
<br />4. If Lender determines that any part of the property is subject to a lien, which
<br />is or may attain priority over this security instrument, Lender may give
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