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<br />DEED OF TRUST
<br />
<br />88-,104084
<br />
<br />
<br />[Spice Above This Line For Recordlnl Dltl)
<br />
<br />in his and her own
<br />Ahlschwede
<br />("Trustee"), The beneficiary is
<br />The Equitable Building and Loan Association, ,which is organized and existing
<br />under the laws of the State of Nebraska ,andwhoseaddressis 113-115 North Locust
<br />Street, Grand Island, Nebraska 6880 I ("Lender").
<br />Borrower owes Lender the principal sum of Twe 1 ve Thousand and no / 100 --------------------------
<br />_____________________________Dollars (U,S, $ 12,000.00 ), This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on Augus t 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 property
<br />
<br />located in Hall County, Nebraska:
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on Ju ly 2 I
<br />1988 ,Thetrustoris Gilbert L. Johnson and Julia A. Johnson, each
<br />
<br />right, and as spouse c.f each otheIG'Borrower"), The trustee is Earl D.
<br />
<br />Lot Six (6), in Block Six (6), in Gilbert's Second Addition to the City of Grand Island,
<br />Hall County, Nebraska,
<br />
<br />which has the address of 822 West 14th Street I
<br />IS"..I]
<br />
<br />, Grand Island
<br />IC'ty]
<br />
<br />Nebraska
<br />
<br />68801
<br />[Zip COdeI
<br />
<br />TOGETHER Wlm 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 replncements and additioils shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in Ihis Security InstrumentllS the "Property,"
<br />
<br />DoRitOWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to granl
<br />and convey the Property and that the Property is unencumbered, eltCelll for encumbrances of record, Borrower warrants
<br />and will defend generally the title to the Property laainst all claims and demands. subject to any encumbrances of record,
<br />
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenant~ with
<br />limited variations by jurisdiction 10 constitute a uniform security instrument covering real property,
<br />
<br />("Property Address");
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<br />-
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<br />NEBRASKA-Slnlle rlmll~-'IlIllA/FHLMC UNIFORM INSTRUMINT
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<br />Form 3028 12/13
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