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<br />200606277
<br />SUBSTITUTION OF TRUSTEE AND DEED OF RECONVEYANCE
<br />
<br />1. Substitution of Trustee. Equitable Federal Savings Bank of Grand Island,
<br />of P.o. Box 160, Grand Island, NE 68802, is hereby appointed Successor Trustee
<br />under the Deed of Trust executed by KELLY R SHIPPS AND BRENDA J SHIPPS. HUSBAND
<br />AND WIFE, as Trustor, in which EQUITABLE BANK, formerly known as, EQUITABLE
<br />FEDERAL SAVINGS BANK OF GRAND ISLAND, formerly known as THE EQUITABLE
<br />BUILDING AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, is named as the
<br />Beneficiary and Earl D. Ahlschwede, Attorney, as Trustee, dated DECEMBER 30. 1993.
<br />and recorded JANUARY 3.1994. in the Office of the Register of Deeds of HALL County,
<br />Nebraska as Instrument No. 94-100048 regarding the real estate described in
<br />paragraph 3 below.
<br />
<br />2. Deed of Reconvevance. The indebtedness secured by the Deed of Trust
<br />executed by KELLY R SHIPPS AND BRENDA J SHIPPS. HUSBAND AND WIFE , as trustor, to
<br />Earl D. Ahlschwede, Attorney, as Trustee, for the benefit of EQUITABLE BANK,
<br />formerly Equitable Federal Savings Bank of Grand Island, formerly known as The
<br />Equitable Building and Loan Association of Grand Island, Nebraska., A Federal Savings Bank,
<br />Successor to The Equitable Building and Loan Association of Grand Island, Nebraska as Beneficiary,
<br />dated DECEMBER 30. 1993 ,and recorded in the office of the Register of Deeds of HALL
<br />County, Nebraska as Document No. 94-100048, has been paid, and the Beneficiary has
<br />requested in writing that this Deed of Reconveyance be executed and delivered as
<br />confirmed by its endorsement below.
<br />
<br />In consideration of such payment and in accordance with the request of the
<br />Beneficiary, the Substitute Trustee reconveys to the person or persons entitled thereto
<br />all the right title and interest and claim acquired by the Trustee pursuant to the Deed
<br />of Trust in the real estate described in paragraph 3 below.
<br />
<br />3. Description of real estate applicable to both Substitution of Trustee
<br />and Deed of Reconvevance.
<br />
<br />LOT FIVE (5), GOODWIN SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />
<br />EQUITABLE BANK,
<br />BENEFICIARY and SUBSTITUTE TRUSTEE
<br />
<br />
<br />-. -.-----.--..-- - -- --
<br />
<br />
<br />BY~
<br />Its President/CEO
<br />
<br />STATE OF NEBI~ASKA, COUNTY OF HALL ~
<br />The foregoing Substitution of Trustee and Deed of l~econveyance was acknowledged
<br />before me this_-1OllLDay of MAV ___________ _,2006, by Rick L. lfarbaugh, President/CEO
<br />of Equitable Bank, on behalf of said federal savings bank, Beneficiary and Substitute Trustee
<br />
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<br />
<br />Notary Public
<br />
<br />
<br />GENERAL NOTARY. SIaIe of Nebraslla
<br />EILEEN B. TESMER
<br />My Comm. Exp. Dee. 1, 2DD6
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