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[Space Above This Line for Retorting Data] 200201006 DEED OF TRUST THIS DEED Op TRUST (`Security Instrument ") is made on ...February 1, 2002 .............. The truster is Thomas R. Ellison and Elizabeth A. Ellison, Husband and Wife ( "Borrower "). The trustee is TRW Title Insurance Co., ( "Trustee"). The beneficiary The Ellison Family Trust, UA 10/2311995, Billy M. Ellison and Margaret J. Ellison, Trustees whose address is, 147 Stonegate Drive, Mountain Home, AR. — 72653 ( "Lender "). Borrower owes Lender the principal sum of -Forty Six Thousand Nine Hundred Forty Six oonoo .. Dollars ... ($46,946.00). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on February 1, 2022. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, intrust, with power of sale, the following described property located in Hall County, Nebraska: Lot Three (3), in Block Eleven (11), Addition to the City of Grand Island, Nebraska. which has the address of Nebraska Nebraska 68801 [Zip Code) 311 West 15th Street (SmIl ( "Property Address "); S.h; mm e "'s In Seh" :eF'' -s Hall County, Grand Island (city) TOGETHER wrrH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." 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 mencumbered except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. TIES SECURITY INSTRUMENT combines uniform covenants for national use and iron- uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property.