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<br />[Space Abave This Line For Recording Data]
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<br />88- 103670
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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST ("Security Instrument") is made on July 7,
<br />19 aa . Thetrustoris Larry B. Royle and Cecilia B. Royle, each in his and her own right,
<br />and as spouse of each other, ("Borrower"). The trustee is Earl D. Ahlschwede
<br />("Trustee"), The beneficiary is
<br />Equitable Building and Loan Association, ,which is organized and existing
<br />underthelawsof the State of Nebraska ,andwhoseaddressis ] 13-] 15 North Locust
<br />Street, Grand Island, Nebraska 6aBO 1 ("Lender").
<br />Borrower owes Lender the principal sum of Eighteen Thousand and noli 00 -----------------------
<br />-----------------------------Oollars (U.S. $1 a, 000.00 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ("Note"), which provides for monthfy payments, with the full debt, if not
<br />paid earlier, due and payable on August I, 2003
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note. with interest, and all
<br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements, For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described propeny
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<br />located in Hall County, Nebraska:
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<br />..
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<br />_Fractional Lot One (I), in Fractional Block One Hundred Twenty-One (121) in Koenig and
<br />Wiebe's Addition to the City of Grand Island, Hall County, Nebraska, and it complement,
<br />Fractional Lot One (I), in Block One Hundred Twenty-One (121), in Railroad Addition to
<br />the City of Grand Island, Hall County, Nebraska.
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<br />which has the address of 903-907 West First Street, Grand Is1al,'ld,
<br />[Street]
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<br />Nebraska 6880 I ("Property Address");
<br />[Zip Code)
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<br />TOOETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. AIl of the
<br />foregoing is referred to in this Security Instrument as the "Property."
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<br />BoRROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />lqId convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against ail claims and demands, subject to any encumbrances of record.
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<br />THtS SECURITY INSTRUMENT combines uniform covenants for national use and non.uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
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<br />[City]
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<br />NEBRASKA-SlnB'e Flmlly-fNMM~HLMC UHI~ORtA INSTRUIIIlENT
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<br />Form 3028 12 t 83
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<br />Form 191!1
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<br />TD Reorder ColI: GREAT LAKES BUSINESS FORMS, INC
<br />1.-.a1l3-GR08 NBliDnelIy . M~ 1-800-:11.....'
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<br />..J._
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