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o I I � N dul E After recording team to:a !!� Ce _ _ ' ea C V 1 V S Citicorp Trust Bank, fsb ev �o S V j P.O. Box 410 O vo on c- Hanover, MD 21096 Q) to V a' Li (Z3 O DEED OF TRUST THIS DEED OF TRUST is made this 25th day of March , 2003 among the Trustor, LYLE D. NELSON AND LOU ANN NELSON, HUSBAND AND WIFE AS JOINT TENANTS WITH RIGHT OF SURVIVORSHIP AND NOT AS TENANTS IN COMMCpierein "Borrower'), herein Michael F. Kivett "Trustee "), and the Beneficiary, CITICORP TRUST BANK, FSB a federal savings bank chattered carder the laws of the United States of America , whose address is 100 COMMERCE DRIVE NEWARK DE 19713 (herein "Lender "). BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustce, in trust, with power of sale, the following described property located in the County of HALL , State of Nebraska: ALL THAT PARCEL OF LAND IN HALL COUNTY, STATE OF NEBRASK1k, AS MORE FULLY DESCRIBED IN RECEPTION $93- 101856,AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS LOT TWENTY SIX (26), WESTERN HEIGHTS FOURTH SUBDIVISION, IN THE CITY OF GRAND TSLAND, HALL COUNTY. which has the address of 1316 BRANDING IRON LANE GRAND ISLAND Nebraska 68803 (herein "Property Address "); TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and rents (subject however to the rights and authorities given herein to Lender to collect and apply such rents), all of which shall he deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with said property (or the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter referred to as the "Property "; TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated 03/25/2003 and extensions and renewals thereof (herein "Note "), in the principal sum of U.S. $ 128, 924.48 , with interest thereon, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on 03 /3 0/2033 ; the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covermits and agreements of Borrower herein contained. Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants that Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to encumbrances of record. Not... U268764 1/98 original (Recorded) Copy(Branch) Copy(CUetomer) Page l of