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<br /> � `�ravelers Banx a TYast, fsb �
<br /> P.O. Box 410 �
<br /> � �����C�n Hanover, MD 21076 '
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<br /> �DEED OF '�RUST� G
<br /> THIS DEED OF TRUST is made this 25th day of August > 1999 among the Trustor,
<br /> THOMAS K. BACKUS AND MARY A. BACKUS, HUSBAND AND WIFE.
<br /> (herein "Borrower"),
<br /> Michael F. Kivett (herein
<br /> „Trustee"), and the Beneficiary, TRAVELERS BANK & TRUST, FSB ,
<br /> a federal savings bank chartered under the laws of the United States of America , whose
<br /> address is 100 CONIl�IERCE 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, iu trust, with power of sale, the following described property located in the County of
<br /> HALL , State of Nebraska:
<br /> ALL THAT PARCEL OF LAND IN HALL COUNTY, STATE OF NEBRASKA, AS
<br /> MORE FULLY DESCRIBED IN DEED BOOK 169, PAGE 531, ID#400097036,
<br /> BEING ?C2QOWN PND nFCIGNATEn AS LOT SEVEN (7; , BL•OCK 128, IN
<br /> UNION PACIFIC RAILWAY COMPANY'S SECOND ADDITION TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> which has the address of 216 EAST 7TH STREET , GRAND ISLAND ,
<br /> Nebraska 68801 (herein "Property Address");
<br /> TOGETHER with all the improvements now or here�ifter erected on the property, aud 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 Trust is on a leasehold) are hereinafter
<br /> refened to as the "Property";
<br /> TO SECURE to Lender the repayment of the indebtedness evidenced by Barrower's note dated 0 S/2 5/19 9 9
<br /> and extensions and renewals thereof(herein "Note"), in the principal sum of U.S. $ 57,303.49 , with interest thereon,
<br /> providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due
<br /> and payable on 0 9/O 1/2 019 ; the payment of all other sums, with interest thereon, advanced in accordance herewith to
<br /> protect the security of this Deed of Trust; and the performance of the covevants 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 /> Bonower warrants and will defend generally the title to the Property against all claims and demands, subject to
<br /> encumbrances of record.
<br />
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