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<br /> � AC�OWLE4DGM�NT �F DEF.� ���'[RU��s��`�. .`���t���t� .: =- � - -
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<br /> - -- -- — � UYe�#REGORY A.�AV/NiE and SN�R�L PAYNE�ttc! and'� �tt��cand� �.
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<br />��� . unde►tha foliow§�g Qeed of Tntst to be etRaed tnto amoag TRtstius.R,°a.�.`�'O�D�NIPHaAi P O Bt/X B
<br />-='`` .1DOi�11pHAN N� '68832 � � .
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<br /> ' end�"�af aonYnE4a� � .. ... . .. . . .... . ._. . .. .: .. _
<br />- � (�8enefldaryrl eovertng tAe pmpety desa�ed�e7qiv he�ehy ada�o�n�tedge tt�t t;is undeistoad thai(�the DQed ot Ttust Ua Oa ..
<br /> _ . exeatted by Tcustaris a trusl deed and aot a tscttgage and(b)the po►vQr ot ssie Provided tat in the Deed ot TeUSE ptoVTdes _
<br /> substanCa4y d�Tferertt�hts end oh8ga�nns tu t�s.lmstor than a mortgage 6t tt�e ev�t oi idaiaufl cr breach of aM(g�fiah..
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<br /> _ .�:���~:Y T� ' Tnistar actQtowtedges that tNs Acknovdedqmeit was made priur ta the execu�lon of the Dead of Trns9. � .:;�:`�- -
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<br /> � Executed and d��ed this 19tA day of O,�r,Mber 91 93_ . ``\_,,'°'` ati .-
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<br />_ ,r��.��`�'''`t r�G E O AYNE ' ,
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<br /> V` -a�'?t... . _ .��' TfuStOt _ TfIGL0/SH��'�.. PA7��1i...� _— ___—_ —
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<br /> � Ys �.`` : Y .: TMis omz o��usr�•Securit5►tnstrumant'�is made on October t3t{k -----. 1995 �ri�• -s•,�
<br /> ` � ` �" The ttustor Is GF6L�'iQRY A.PAYNE art�4 SHERI L PAYNE H�nd and Wi[e as Joint Tenants with y
<br /> ',' ','. • Ri h of Surivarshf ('Borrower'). .�'�A
<br />- �� �' ��� . ,` The wstee�s BANK OF�O3�J�AN P.O. BOX B DONIPIdAN NE 68832 � `:.x�'��
<br /> t< F ��,i�..-r I'TNStCO').me eeneea�ry rs �'��;:�'::v�;,_=
<br /> _ � , � .• ' Bank of Qoniphan ,which is onganfzed and exisUng • Z }i�r w
<br /> . � � under the laws ot the S4ate ot NAbraska .and whose aQcfress�s P O. BOX B DonitOhan. N� . �- __
<br /> - <..y 68832 ('Lende'?. • ,- . —
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<br /> � � , :.,���'��>'t �- BoROwer owes Lender lhe prindpal sum of Fiitu Fiv9 ThausaDd artd OO/1@Q •�<'-_• �',
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<br />_ . ,!�„�1;;;: Datlars(U.S.$55.tOQ�.00 ). This debt is euidenced by Borrawers note .
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<br /> '��''� ����'� ��` dated Ihe seme ds'e es this Securiry Instrum3s ;:'Note').which provides toP monihly payments. with tAe tu0 debt,N not patd � . : �•� ' �i '._.
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<br /> '�{�;",:. : - �. . eadier.due and pa;�ie on November 1. 2GfZa — . . •�,� `; . :•-
<br /> ' � � , This Security tnstrurr•ent secure� to Lender. •- �
<br /> � . �.: : • (a) repayment of the debt evidenced by the Note, wfth interesf.aed a0 renewais. � ;
<br /> ,•,, ..'ai��: extensbns and modiCcations oT e�e Note: (b) the paymeM of etl other sums. with interest, advanced under para�eph 7 to ��:,. '..
<br /> . �. . .4X.:; ..
<br /> �:� ' ,;:��`��.•` " protecl the securily of this Sea:.�";� tnsWment: and (c) the peAom►ance ol Borrower's covenants and egreements• For this � �.,::{�sJ�;{:;?_ •:;:.
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<br /> �'����.� , purpose. BoROVres i�evopbiy grants and conveys to Trust¢e. tn trust, with power ot sete. the toliow(ng descrlbed proAeAy► .. '±,;:`_:i.;_:: •
<br /> .. , located in HALL County. Nebraska: ' �~
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<br /> ' which has the address ot 5062 NOATH BOTH ROAD .CAIAO
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<br /> ., , • .�,� . Hebraska 68824 ('Property Address');`�.•`t Y
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<br /> � Forn�3u2tl 9,'9U kE9N1SMA S:nqr F�mdy FNMA/FMlMC UM1IIFORM�NSIRUM£NT
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