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B8- 104821 DEED OF TRUST THIS OEED OF TRUST is made this 31st day 01 August 1988 i'R02~~\\'t Tb'fl'HfF Gar~ w. Swallow & Betty L. Swallow, husband & wife, As joint ~~n~.. n~""""" vlv <ship ~ (herein "Borrower"), Flrsller Bank, National Association, Omaha, Nebraska, (herein "Trustee"}, and Banellclary, Firsller Bank. National Association, Omaha, Nebraska, a corporation organized and e_lstlng under the laws 01 The United States ot America. whose address Is 1700 Famam Street Omaha. Nabraska. 68102-2183 (herein "Lendar"). BORROWER, In consideration ollhe Indebtedness heraln recited and the trust herein created, irrevocably grants and conveys to Trustee. In trust with power 01 sale. thelollowlng described property located In the County 01 HALL . State ot Nebraska: Lot Two (2), Ross and Ashton Park, located on and being a subdivision of a part of Lots Fourteen (14) and Eighteen (18), of County Subdivision of West lIalf of Southwest Quarter (W'>SW") and a part of East Half of Southwest Quarter (E'>SW") of Section Fifteen {lSl, in TOwnship Eleven (II) North, Range Nine (9) West of the Sixth P.M., Hall County, Nebraska. (Subject to Mortgage of Record to The Equitable Building and Loan Association of Grand Island in the amount of ~24/5QO.OO, filed as document #76-003154, Hall County, Nebraska.) which has the address of 309 East Ashton Grand Island $r-'l ICllyl Neb=~r..=Ol (herein "Property Address"); TOGETHER with all the improvements now or herealler erected on the property. and all easements, rights, appurtenances. .ents (subjecl however to the rights and authorities given herein 10 Lender 10 collect and apply such rents), royalties. minerai. oil and gu rights and prolils, waler. watl!( righls, and waler stock, and all fi_tures now or herealler an&ched to the property, all of which, including replacements and additions thereto, shall be deemed to be and remain a part ot the property covered by this Deed 01 Trust and all 01 the foregolng.togelher with said property (or the leasehold astate If Ihls Deed 01 Trust Is on a leashold) are herein referred 10 as the "Propef1yn; TO SECURE to LENDER (a) the repayment 01 tha indebtedness evidenced by Borrower's nole dated - AUlJUIIt 31, 1988 (herein "Note"), in the principal sum ot FJ.fteen thousand and no/100- --($15.000.00) ---------- Dollar., with Interest thereon, providing lor monthly InstallmenlS of princlpal and 1nterea1. with the balance 01 the Indebtadnesa,II not BOoner paid. due and payable on - ,.pon cancellation ; the payment of ell other sums. with Inlerestthereon. advanced In acconIanCeher_1th to protecllha HCurily ollhls Deed of Trust and the perlormance otthe covenanlS and .~ 01 Borrower herein contained; and all roo_ell, e_lenslons and modifications thereot. anll (b) Ihe repeyll*llol any fulUreadvancea. with Interntinthereon, made to Borrower by Lender pursuant to paragraph 21 heraol (I>lnin "Future AdV8nces"). BORROWER cov....n...th.' Borrower Illawlully seized or the e.tale hereby conveyed and has the right 10 grant end convey the Property, thai the Property 10 unencumDarad.MCt !hat Borrower will warrant ond delend generally the lltle to II\e property ageinst all claim. and demands., sub1ect to Bny declarations, ensements Of re,triCtlon.listed in a schedule 0' ..xceplions to coverage In any tide Insurance policy Insuring Lender's Intorest on the Property