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<br /> � .T�E,tIPIDt�SIGNED'PtUB'1'ORS�ercby s�kaawkd�snd oadesstaad th�t{aj�a�secdrity .
<br /> �doe�st�t beb�v w be execnted is�Trost Deed ud aot a nort�e.lb)t8e Pp�rer at aak Provided
<br /> • , lee ia�ie Trt�:t Deed pmvi�a snbqaatia�lY!tifiereat riEhts and obli�ations to tHe TrYstors t6as a .
<br /> . _ mortsa�e is the e�teat�of:defauIt or 6reac�of obli�tioa..T�e'��uswrs tarthec ssgresest iid aaree -
<br /> tbat th'rs certifip�tioa bas beea read and o:cented in.�oayection�rith. but prior W. t1�e Trastors'
<br /> ���> , e:ect�tion of tfle folbwnng'Prust Deed. . � � .
<br />_- . . , �
<br /> = DATED Januarv_i___,1994.
<br /> __ . . . .
<br />��= : ` �? ` ll.C.c.�-a-. -
<br /> 2_
<br /> �� JERtY L. LtAMS �lARC1A A.WlLLIAMS
<br /> ��_�: .
<br />:`�_f .
<br />_;-�4 3TATE OF NEBRASICA ) ���� � .. �
<br /> .r. • � )ss, • •
<br /> COUNTY OF HALL ) , . � . � � ` � .
<br /> ^;�•�t The foregoing ,�aas acicnaWledged 1ie�ote. me , an 'the 26th day of
<br />.�•����, �w,.��. ' J a n u a rv .;�.�94;b y JLItRY i-•WILLIAMS AND MARCIA A.WILLIAMS,hasband
<br /> ..
<br />�cf�1;� �_'l:<;�0 Y�t_"� i�'j_� . . . .
<br /> - and wife,to 6e tLe'u voluntas�r act and deed.
<br /> . ..•._ `Y,-= • ��
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<br /> �zi;..,. .:i' ,` ��#rM�llli - "
<br /> . :�:''� . :-,�,�. 0111oR'OOIr1 Notary Public , . , �
<br /> .. - • ,. " w��4►�f.�1� . .
<br /> �,�,_. ._. . . _ � TRUST DEED ,�. . '
<br /> ;:�r''` •''- •.. . . • • , '
<br />� "'�i:-''� 7'F.. ' �-,-.'. . ' ��_: . . . • .. ' � ' . . . ' - ' �_
<br /> � �F'�'�'� ��,�¢.:.��'> , ' ' ' � .
<br /> ,,.` �•� 1994. The Trastors ase
<br /> _. --- :%?.''� "��'`'�%i:':�..-�. THIS DEED OF TRUST is made on t�eis2�idaY o� � , ..
<br /> :���-(�,��'-:'.'• �(Barrowers"). The Trastee
<br /> • • �.'��•,:,�,;'�`: JERRY L.WILLIAMS aad MARCIA A.WILLIAMS,husband and v�n e, .
<br /> ;�°,'.:' � � � is]ohn R. Browaell, Attorney at Law, ("Trustee"). The beneficiary is the Hall Coanty Hoasing .
<br /> - - Authority, 911 Baumana Drive, Grand Island, NE 68803 ("Lender"). Bonowers owe Leader tbe � ,
<br /> . `.;i;;,,. , principal sum of Twenty TRousand Niae Hundred Ninetx Dollars (520,990.00). T6is debt is
<br /> �� : ,� ? .•':�;!�:.;;��:,, . evidenced by Barrowers'note dated the same date as this Security instrument("Note'),which provides
<br /> . , for a fixed payment five years from the date hereof. T6e Security lastrument secnres to Lender.(a)
<br /> ' •� '':; , the repayment of the dcbt evideaced by the Note, with interest, and all reaewals,exteasions and
<br /> � .- � .-•� ���- � modificatioas;(b)Ihe payment of all o��r sums,with interest,advanced under paragrapb 7 to protect
<br /> e . ._, .:;';:.= the security oi this Security Instra�.nt; and (c) the perios�ance ot Borrowers' covenants aad
<br /> ...,_7.'/I„�'',; ._
<br /> - . _' '. agreements. For this gcarpose, Bonowers itrevosably gra�II�ad convei� €o Trustee, in trust, with
<br /> . , � '-:�;;;,.: �o:wer ot sale,tBe[oIIQ�'sag described property:
<br /> ,,., . • . .
<br /> ��`�`::�� �'�� ' - - Uaa�itven(11)of Sunset Subdivision,Grand Islacs�,�ia11 County, Nebraslca.
<br /> y,��r,:.,.,:.. . .
<br /> _ ;.r,_ `:- .,._�.,_'.,.:_. .
<br /> - . r:�; •�-0 , ; ,. . The mailing address of the borrowers is4097 Capita�AS-enue,Grand Island,�Ne'�saslca,688Q3.
<br /> ��;. _.
<br /> ' `.'. � • T�Q'aETHER VI/�TH all the improvemen¢s��w or��reafter erected on the Qropettg,and?�1 • '
<br /> ��t"? .
<br /> ,,.. . ,
<br /> - ,;,;, , ��.' . -� � easements. �ights, appurtenances, reats, aad fixtures EcY-yaftet a part ot the property. Ail
<br /> s.,- � - � � �,�.���: ,�� replaeemec�s and additioas shall also be covered by Ihis Security lnstrument. All of tfie foregoing i�
<br />. ' ?.�:y�'•� referred to in this Security Insttument as t6e"Property". , , �
<br /> : , .
<br /> ' � ' BORROWERS COVENANT that Borrowers are lawfully seiscd of the estate hereby coave�ed
<br /> � � � • and have the tight to grant and convey thc Property and that thc Property is unencumbered,ea¢ept
<br /> �- .�>.��-' ' - for encumbrances of record. Borrowers waaaat aad will defead generaUy ihe title to ihe Property
<br /> � '��,;":r:.�,z..�, agaiast all claims and demands,subject to aay encumbrances o!record.
<br /> � :4��i_:.-. .
<br /> - �1.9:�J- '.. '
<br /> - .- -_� , • COVENANTS. Borrowers and Lcnder covenant and agree as foltows: . _.
<br /> �.?, 1. Payment of:Principal and Interesr, Prepayment and Late Chargcs. Borrowers shall
<br /> - promptly pay whea due the principal oi the debt evidenced by the Note amd any prepayment and late
<br />-�_��� '�:�: charges due under the Note. .
<br /> -�-� Z. Funds [or Taxes aad lnsurance. Ail real estate ta:es and insuraace shaU be paid by �
<br /> 6ortowers khen due. �
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