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<br />[Spec. Ab... Thl. Un. For Reco,dinl Data]
<br />
<br />DEED OF TRUST
<br />
<br />~
<br />~
<br />~
<br />
<br />,
<br />in his and her own right,
<br />Ahlschwede
<br />("Trustee"), The beneficiary is
<br />The Equitable Building and Loan Association, ,whichisorganizedandexisting
<br />under the laws of the State of Nebraska ,andwhoseaddressis ] 13-1]5 North Locust
<br />Street, Grand Island, Nebraska 68801 ("Lender").
<br />Borrower owes Lenderthe principal sum of Twe n t y Seven Thou s and and no / 100 --------------------
<br />___________________________ Dollars (V.S, $ 27,000.00 ). This debt is evidenced by Borrower's note
<br />dated the same dale as Ihis Security Inslrument ("Note"), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on September I, 2008
<br />This Security Instrumenl secures 10 Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals. extensions and modifications; (b) the paymenl of all olher sums, wilh interest, advanced under paragraph 7 to
<br />protect the securily ofthis Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably granls and conveys 10 Trustee, in trust, with power of sale, the following described property
<br />
<br />located in Hall County, Nebraska:
<br />
<br />THIS DEED OF TRVST ("SecuriIY Inslrumenl") is made on August 8,
<br />19 88 . The trustor is John R. Shanahan and Janet L. Shanahan, each
<br />and as spouse of each other, ("Borrower"). The trustee is Earl D.
<br />
<br />'Lot Three (3), Block Seven (7), Gladstone Place, an Addition to the City of Grand
<br />Island, Hall County, Nebraska,
<br />
<br />which has the address of 2715 West John,
<br />[St,eet]
<br />
<br />Grand IS[~i~rd
<br />
<br />Nebraska
<br />
<br />68803
<br />[Zip Code]
<br />
<br />TOGETHER 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 pan ofthe properly. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this ~urity Instrument as the "Property."
<br />
<br />BoRROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />I\I)d convey the Property and that the Property is unencumbered, excepl for encumbrances of record. Borrower warranls
<br />and will defend generally the tille to the Property against all claims and demands, subject to any encumbrances of record,
<br />
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />limited variations by jurisdiction to constitule 8 uniform security ir.suument covenng real property.
<br />
<br />("Property Address");
<br />
<br />NEBRASKA-Single Fomlly-fNMA/FHLMC UNIFORM INSTRUMENT
<br />
<br />Form 3028 12/83
<br />
<br />Form 191!l
<br />
<br />TO Reord8f' can GREAT tAKES BUStf-l[SS IOI~MS lNL
<br />,..eaa-aSs-aa08 N5tJrII1aIl~ . Mrd~E.-' ,~.......U
<br />
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