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<br />881.04780 <br /> <br />ISp.1ce Aba,e Thll Une For Recordlnl Ooltal <br /> <br />DEED OF TRUST <br /> <br />THI~ DEED OF TRUST ("Se.:urity Instrument") is made on Augus t 31 <br />1988 . The trustor is Allan S. Birtwell and Zit a C. Birtwel1, hURband and wife <br />("Borrower"). The trustee is <br />Norwest Bank Nebraska, National Association ("Trustee"). The beneficiary is <br />Norwest Bank Nebraska, National Association ,WhiCh is organized und existing <br />under the laws of The United States of America ,undwhoscaddrcssls 202 West Third Street, <br />Grand Island. Nebraska 68801 ("Lender"). <br />Borrower owes under the principal sum of Thirty-one Thousand Five Hundred and no 11 OOths---- <br />_____________________ Dnllars (U,S. S 31,500.00 ), ThIS dcbtlS cv.denccd hy 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 September 1. 2008. <br />This Security Instrument secures to Lender: (a) the repayment of the debt eVIdenced hy lh~ Note. with Interese. and all <br />renewals. extensions and modifications; (b) the payment of all othcr sums. with intcrL~t. advanced under paragraph 7 to <br />protect the security of this Security Instrument; and (e) the perfonnancc ofOorrower'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 Hal] County. Nebraska: <br /> <br />A tract of land comprising a part of the East One-Half of the Southeast <br />Quarter (E!j SEl,;) of Section Fourteen (14), Township Twelve (12) North. <br />Range Ten (10), West of the 6th P.M. I Hall County, Nebraska amI more <br />particularly described as follows: Beginning at the northeast corner of <br />snid E~ SEl,;; thence running Southerly along the East line of said E~ SEl,; <br />a distance of Two Hundred Ninety and Four Tenths (290.4) feet; thence <br />running Westerly parallel to the North line of said E~ SE~ a distance <br />of One Hundred Fifty (150.0) feet; thence running northerly, parallel to <br />the east line of said E~ SE\ a distance of Two Hundred Ninety and Four <br />Tenths (290.4) feet to u point on the North line of said E~ SEl,;; thence <br />running Easterly along the North line of El:! SElt a distance of One <br />Hundred Fifty (J 50.0) feet to the point of beginning. <br /> <br />THIS IS A PURCHASE MONEY DEED OF TRUST. <br /> <br />which has the address of <br /> <br />Rt. I. Box 277 <br />(Street] <br /> <br />Grand Island <br />(Clly] <br /> <br />Nebraska <br /> <br />68803 <br />{lip Code) <br /> <br />("Property Address"); <br /> <br />TOOETHER Wlrn all the impro\'ements now or hereafter erected on the propcny. and all eascmenls, righls, <br />appunenances. rents, royalties, mineral. oil and gas rights and profits. waler nghls and stock and all fixtures now or <br />bercaftera part of the propeny. All replacements and additions shall also be covered by Ihis Securily Inslrurnenl. All of the <br />foregoing is referred \0 in this Security Instrument as the "Property," <br /> <br />BoRROWER COVENANTS thai Borrower is lawfully seised of the estate hereby conveyed and ha!t the nght (0 grant <br />and convey the Property and that the Property is unencumbered. CAcept for encumbrance<. uf record, Borrower warrant!. <br />and will defend IcneraHy the title to the Propeny against all claims and demand~. subject to any encumbrancc!'! Df record <br /> <br />TillS SECURITY INSTRUMENT combines uniform covenants for nauonal use and nun-unlfnrm cm'enaol" .....llh <br />limited variations by juriS(bcuon to constitute a unifonn security inslrument covenng real property <br /> <br />NEBRASKA-sinile famllr-fNIIAJrHUlC U"'FORII INSTRUMENT <br /> <br />~t~ 11Li4Nl <br />Forni J028 12/f1J <br /> <br />,.........,..Il... ........... <br />,............, <br />