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CORRECTIVE <br />ARRANTY DEED IN LIEU OF LIQUIDATION <br />JAMES E. HENDRICKSON and NANCY JO HENDRICKSON, husband and wife, <br />GRANTOR, whether one or more, for good and valuable consideration as indicated below, hereby <br />conveys to HOUSEHOLD FINANCE CORPORATION, III, A DELAWARE CORPORATION, <br />GRANTEE, the following described real estate (as defined in Neb. Rev. Stat. § 76 -201) including <br />all fences and related improvements: <br />Lot Two (2), Block Fourteen (14), Rollins Addition, City of Grand <br />Island, Hall County, Nebraska. <br />GRANTOR covenants (jointly and severally, if more than one) with GRANTEE that GRANTOR: <br />(1) is lawfully seised of such real estate and that it is free from encumbrances but subject <br />to easements, restrictions, and real estate taxes of record; <br />(2) has legal power and lawful authority to convey the same; <br />(3) warrants and will defend title to the real estate against the lawful claims of all <br />persons; <br />(4) the fair market value of such real estate minus unpaid real estate taxes is less than the <br />indebtedness currently owing from Grantor to Grantee, which is secured by said real <br />estate, as such indebtedness and security are more particularly described herein <br />below; <br />(5) this Warranty Deed in Lieu of Liquidation is an absolute conveyance, the Grantor <br />having sold said land to the Grantee for a fair and adequate consideration, such <br />consideration being the relief and discharge of indebtedness as described herein <br />below; <br />(6) Grantor declares that this conveyance is freely and fairly made, and that there are no <br />agreements, oral or written, other than this Warranty Deed in Lieu of Liquidation <br />between Grantor and Grantee with respect to the above - described real estate. <br />Executed ,f W' D <br />es E. Hendrickson <br />i'f • <br />PC <br />S <br />_ <br />r <br />O -,,1 <br />= M <br />©~ <br />i -1 C <br />' <br />�� <br />0 <br />o <br />cn <br />CORRECTIVE <br />ARRANTY DEED IN LIEU OF LIQUIDATION <br />JAMES E. HENDRICKSON and NANCY JO HENDRICKSON, husband and wife, <br />GRANTOR, whether one or more, for good and valuable consideration as indicated below, hereby <br />conveys to HOUSEHOLD FINANCE CORPORATION, III, A DELAWARE CORPORATION, <br />GRANTEE, the following described real estate (as defined in Neb. Rev. Stat. § 76 -201) including <br />all fences and related improvements: <br />Lot Two (2), Block Fourteen (14), Rollins Addition, City of Grand <br />Island, Hall County, Nebraska. <br />GRANTOR covenants (jointly and severally, if more than one) with GRANTEE that GRANTOR: <br />(1) is lawfully seised of such real estate and that it is free from encumbrances but subject <br />to easements, restrictions, and real estate taxes of record; <br />(2) has legal power and lawful authority to convey the same; <br />(3) warrants and will defend title to the real estate against the lawful claims of all <br />persons; <br />(4) the fair market value of such real estate minus unpaid real estate taxes is less than the <br />indebtedness currently owing from Grantor to Grantee, which is secured by said real <br />estate, as such indebtedness and security are more particularly described herein <br />below; <br />(5) this Warranty Deed in Lieu of Liquidation is an absolute conveyance, the Grantor <br />having sold said land to the Grantee for a fair and adequate consideration, such <br />consideration being the relief and discharge of indebtedness as described herein <br />below; <br />(6) Grantor declares that this conveyance is freely and fairly made, and that there are no <br />agreements, oral or written, other than this Warranty Deed in Lieu of Liquidation <br />between Grantor and Grantee with respect to the above - described real estate. <br />Executed ,f W' D <br />es E. Hendrickson <br />i'f • <br />