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<br /> RERECORDED
<br /> -RLF T EBRQWERS N ME ~3- 1j=93
<br />
<br /> DEED OF TRUST
<br /> NO,
<br /> STATE OF NEBRASKA FHA CAST 321-1661158-703
<br />
<br />
<br /> THIS DEED OF TRUST ("Securit Instrument") is made cn December 10, 1993
<br /> The trustor is RICHARD L Z;V ONA SINGLE PERSON AND
<br /> !RENE E 3EMISON,404 A SINGLE PERSON
<br /> ("Borrower").
<br /> The trustee is COMMERCIAL FEDERAL BANK, A FEDERAL SAVINGS BANK
<br /> (..Trustee").
<br /> The lxneticiary is COLUMBUS FEDERAL S0INGS BANK
<br />
<br />
<br /> ~,vhich i> !organized and existing under the laws of NEBRASKA
<br /> and whose address is 1371 26TH AVENUE
<br /> COLUMBUS, NE 68601
<br />
<br /> ("Lender"). Borrower owes Lender the principal sum of
<br /> Twenty-Seven Thousand Nine Hundred Fifty and No/100
<br /> 27,950.00
<br /> Dollars (U.S. S
<br /> This debt is evidenced by Borrower's rote dated the same date as this Security Instrument ("Note"), which provides for
<br /> monthly payments, with the full debt, if not paid earlier, dueand payable on January 1, 2024
<br /> This Security instrument secures tc Lender: (a) the repayment of the debt evidenced by the Note, with interest, and ali
<br /> renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 6 to
<br /> protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br /> purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br /> located in ALL Count v. raskd'
<br /> A TRACT OF LAND COMPRISING A PART OF THE EAST HALF OF THE SOUTHWEST QUARTZ E 172
<br /> SW 1/4) OF SECTION TWENTY FOUR (24), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10)
<br /> WEST OF THE 6TH P.M. IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, MORE
<br /> PARTICULARLY DESCRIBED AS FOLLOWS: BEGIi:IIING AT A POINT WHERE THE NORTHERLY RIGHT
<br /> OF WAY LINE OF THE UNION PACIFIC RAILROAD COMPANY INTERSECTS THE EASTERLY LINE OF
<br /> SAID EAST HALF OF THE SOUTHWEST QUARTER (E1/2 SW114); THENCE RUNNING NORTH ALONG
<br /> THE EASTERLY LINE OF SAID EAST HALF OF THE SOUTHWEST QUARTER (E 1/2 SW 1/4), A
<br /> DISTANCE OF TWO HUNDRED FOUR AND SEVENTY FOUR HUNDREDTHS (204.74) FEET; THENCE
<br /> DEFLECTING LEFT 89 DEGREES 13'0" AND RUNNING WESTERLY A DISTANCE OF EIGHTY ONE AND
<br /> FOUR TENTHS (81.4) FEET; THENCE DEFLECTING LEFT 90 DEGREES 47'00" ANT) RUNNING
<br /> SOUTHERLY A DISTANCE OF TWO HUNDRED FIFTY FOUR AND NINE; TENTHS (254.9) FEET, TO A
<br /> POINT ON THE NORTHERLY RIGHT OF WAY LINE OF THE UNION PACIFIC RAILROAD COMPANY;
<br /> THENCE RUNNING NORTHEASTERLY ALONG THE NORTHERLY RIGHT OF WAY LINE OF THE UNION
<br /> ,gCll~Ctlt(i>t~r} COMPANY, A DISTANCE OF NINETY FIVE (95.0) FEET, TO THE POINT OF
<br /> REGINNING.3706 WEST OLD HWY 30CI9,MV ISLAND icily]
<br /> Nebraska 63803 ("Property Address"):
<br /> l; inc„u~t
<br /> TOOET-HER WITH al! the improvernents now or hereafter erected on the property, and all casements, rights,
<br /> t ,n:rtenan cti, rents, To%altie-, mineral, oil and gas right, and profits, water rights and stock and all fixtures now or
<br /> hereafter a hart of the property. All replacements and additions shall also be covered by this Security Instrument. All of
<br /> the tore)ioing i,, reterred to in this Security. instrument as the "Propern•,"
<br /> BORRO%VER COVENANTS tha: &>rrc ver is !awfully seized of the estate hereby conveyed and has the right to grant
<br /> th:• Prr^ f*~ -ind that the Pmpem' is unencumbered, except for encumbrances of record. Borrower warrants
<br /> and :vill dttenci ~:Cn°r•; ids the title i; the Prop+:rty against all claims and demands, subjeci to any encumbrances of record.
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