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00 Cn 00 e= r'- r , .:7 __q Cl T I'4 1 G.. Z C rrM1 � d T, O C u, m � cn L. _ Ul V cn w (n rn 3 [Specs Above Ttas Lim For Rwwdina NO] O1i DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument ") is made on July 8 , 19 88 Thetrustoris Michael L. Anderson and Rebecca K. Anderson, Husband b Wife ("Borrower"). The trustee is Lawyers Title Insurance Corporation ("Trustee "). The beneficiary is Central Mortgage Corporation which is organized and existing underthelawsof the State of Michigan and whose address is 36800 Gratiot Avenue, Mt. Clemens, MI 48043 �` $er "). Borrower owe Lender the principal sum of Forty Seven Thousand Two Hundred Fifty and 0 1 the- - ------- - -- - - -- -------------Dollars (U.S. S 4 7, 2 50.00 ). 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 August 1, 2018 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensioms 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, in trust, with power of sale, the following described property located in Hall County, Nebraska: Lot Six (6), in Block One (1), in Capital sleights Second Subdivision, in the City of Grand Island, Hall County, Nebraska which has the address of 4234 New York Avenue Grand Is }� d IStr I Nebraska 688% co,p ( "Property Address"); ToomFit WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenance, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter apart 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." BOWROWPR COVENANTS that Borrower is IawfLlly 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 warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. Tiffs 5FXURITY INSTttIJMr -Xt combines uniform covenants for national use and non - uniform etweltant% with limited variations by jurisdiction to constitute a uniform security instrument covering real property RErRANA- S+nats Femily -- FNMA /FHLMC UNIFORM INSTRUMENT ram 3028 12/67 O1 (Fit 1 vew ulo WAGI ro4wB • 11171193 l/m , IY( 12R riot