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<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument"J-is made 011 December 21,
<br />1988 ,Thetrustoris Phengma Inthaluxey end Sengmany Inthaluxay, eech in his and her own
<br />right, and as spouse of each other("Bnrrower"), The trustee" Earl O. Ahlschwede
<br />("Trustee"). The beneficiary is
<br />The Equitable Building and Loan Association which IS orgamzed and eXlstlOg
<br />under the laws of the State of Nebraska I and whose address is '11~-1~5 NO~h LOCU~~
<br />Grand Island, Nebraska 68801 ("Lender"),
<br />Borrower owes Lenderthe principal sum of Thirty Six Thousand and nof 100 ------------------------
<br />_____________________________Dollars (U,S, $ 36,000.00 ), This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument (UNote"), which provides for monthly payments, with the full debt, if not
<br />paid earlier. due and payable on January 1, 2014
<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 orthis Security Instrument; and (c) the perfonnancc of Borrower's covenants and agreements. For this
<br />purpose. Borrower irrevocably grants and conveys to Trustee. in trust, with power ofsllle. the following described property
<br />
<br />located in Hall County. Nebraska:
<br />
<br />The Westerly Forty (40) Feet of Lot Five (5), and the Easterly Twenty Five (25) Feet
<br />of Lot Four (4), in 810ck Three (3), in Westerhoff's First SUbdivision to the City
<br />of Grand Island, Hall County, Nebraska,
<br />
<br />which has the address of
<br />
<br />3123 West 18th Street
<br />[Slreet)
<br />
<br />Grand Island
<br />ICity)
<br />
<br />Nebraska
<br />
<br />68803
<br />{Zip Code)
<br />
<br />("Propeny Address");
<br />
<br />TOOETIlER WITH all tbe 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 Dfthe property. AU replacements and additions shaH also be covered by this Security Instrument. All orthe
<br />foregoing is referred to in this Security 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 />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the tille to the Property against all claims and demands. subject to any encumbrances of record.
<br />
<br />TillS SECURITY INSTRUMENT combines unironn covenants for national use nnd non-unifonn covenants with
<br />limited variations by jurisdiction to constitute a unifonn security instrument covering real property.
<br />
<br />NEBRASKA-Smgle- Famlly-FNMA/FHLMC UNIFORM INSTRUMENT
<br />
<br />rorm 3028 12/83
<br />
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<br />1.MJO-.II:a-.oll'Oaf\,,~.....,. . ',1. '"'''' 1..00-311.-'.&3
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