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<br />DEED OF TRUST
<br />
<br />September 3D,
<br />each in his and her own right,
<br />Earl 0,' Ahlschwede
<br />("Trustee"). The beneficiary is
<br />The Equitabla Building and Loan Association ,which is organized and exisling
<br />under the laws of the State of Nebraska ,andwho,eaddressis 113-115 North Locust
<br />Street, Grand Island, Nebraska 0 6B801 ("Lender"),
<br />Borrower owes Lenderthe principal ,um of Thirty Six Thousand and no/1DD --------------------
<br />_____________________________ Dollars (U .S, $ 36, ODD, DO ), This debt is evidenced by Borrower's note
<br />dated !he same date as this Securit~ Instrument ("Note"), which provides for monthly payments. with the full debt. irool
<br />paid earher. due and payable on October 1, 2008
<br />This. Security Instrument secures (0 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 pllragraph 7 to
<br />protect the security of this Security Instrument; and (e) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grant51lnd conveys to Trustee, in trust. with power of sale. the following describ~d properlY
<br />located in Hall County, Nebraska:
<br />
<br />[Sp.lce Above Thl$ Une For Recordln& O.t.l
<br />
<br />:-
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on
<br />19 8B ,The trustor is Ger len R, Reed and Donnie Ann Reed,
<br />and as spouse of each other ("Borrower"). The trustee is
<br />
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<br />The South Thirty One and Five Tenths (31. 5) Feet of Lot Five (5) and the North Thirty Six
<br />(36) Feet of Lot Seven (7), Block Twenty Eight (28), in Highland Park Addition to the
<br />City of Grend Island, Hall County, Nebraske,
<br />
<br />(C",I Grand Island,
<br />
<br />which has the address of 2016 Grand ISland,sill'Rf'ue
<br />
<br />Nebr..ka 6880~", Codel ("Property Address");
<br />
<br />TOOETIlER WrrH all the improvements now or hereafter erected on the property, Ilnd all easements, rights,
<br />appuncnances. rents. royalties. mineral. oil and gas rights and profits. water right! and stock and all fixtures now or
<br />hereafter. part oflhe property, All replacements and additions shall also be covered by this Security Inslrument. All of the
<br />forepnl is referred loin this Security InstlUment..the "Property,"
<br />
<br />BoRROWER COVENANTS that Borrower illawfully seised of the otate hereby conveyed Ilnd hus lhe right to grant
<br />and conYe)" the Property .nd that the Property is. unencumbered. Cl.cept for encumbrances of record. norrower warrants
<br />.nd win defend generally the title to the Proper1y .pins.t .n claim, and demand5. subjcct to Bny encumbrance5 of record.
<br />
<br />THiS SECURITY INSTltllMF.N1 combines uniform cOllenants for national u!'tC and l1on~umrorm cuvenants wl1h
<br />hmned ....naUon' by Juri\dicl1on 10 ~"On!.titulc a uniform securily inslrument covering real prol1CrlY
<br />
<br />HEBRASKA-Su'l,M1 f 8rr"'r-rNIIAJFHlMC UHIfOMl INSTRUMENT
<br />
<br />form 3026 12/11]
<br />
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