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<br />SUBSTITUTION OF TRUSTEE AND DEED OF RECONVEYANCE
<br />
<br />1. Substitution of Trustee. Equitable Bank, of P.O. Box 160, Grand Island,
<br />NE 68802, is hereby appointed Successor Trustee under the Deed of Trust executed
<br />by PHILLIP L WATTS AND TRACY L WATTS. HUSBAND AND WIFE , as Trustor, in which
<br />EQUITABLE BANK, formerly known as, EQUITABLE FEDERAL SAVINGS BANK OF
<br />GRAND ISLAND, formerly known as THE EQUITABLE BUILDING AND LOAN ASSOCIATION OF
<br />GRAND ISLAND, NEBRASKA, is named as the Beneficiary and Earl D. Ahlschwede,
<br />Attorney, as Trustee, dated NOVEMBER 18. 2002 . and recorded NOVEMBER 22.2002 ,
<br />in the Office of the Register of Deeds of HALL County, Nebraska as Instrument No.
<br />200213021 regarding the real estate described in paragraph 3 below.
<br />
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<br />
<br />2. Deed of Reconvevance. The indebtedness secured by the Deed of Trust
<br />executed by PHILLIP L WATTS AND TRACY L WATTS. HUSBAND AND WIFE , as trustor, to Earl D.
<br />Ahlschwede, Attorney, as Trustee, for the benefit of EQUITABLE BANK, formerly
<br />Equitable Federal Savings Bank of Grand Island, formerly known as The Equitable
<br />Building and Loan Association of Grand Island, Nebraska., A Federal Savings Bank, Successor to The
<br />Equitable Building and Loan Association of Grand Island, Nebraska as Beneficiary, dated NOVEMBER
<br />18.2002 , and recorded in the office of the Register of Deeds of HALL County,
<br />Nebraska as Document No. 200213021 , has been paid, and the Beneficiary has
<br />requested in writing that this Deed of Reconveyance be executed and delivered as
<br />confirmed by its endorsement below.
<br />
<br />In consideration of such payment and in accordance with the request of the
<br />Beneficiary, the Substitute Trustee reconveys to the person or persons entitled thereto
<br />all the right title and interest and claim acquired by the Trustee pursuant to the Deed
<br />of Trust in the real estate described in paragraph 3 below.
<br />
<br />3. Description of real estate applicable to both Substitution of Trustee
<br />and Deed of Reconvevance.
<br />
<br />LOT ONE (1), T & P SUBDIVISION, HALL COUNTY, NEBRASKA
<br />
<br />EQUITABLE BANK,
<br />BENEFICIARY and SUBSTITUTE TRUSTEE
<br />
<br />By
<br />
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<br />L-<Z--t.V W~~
<br />
<br />Its President
<br />
<br />STATE OF NEBRASKA, COUNTY OF HALL ~
<br />The foregoing Substitution of Trustee and Deed of Reconveyance was acknowledged
<br />before me this 9TH Day of NOVEMBER , 2007, by David Dohmen, President of
<br />Equitable Bank, on behalf of said federal savings bank, Beneficiary and Substitute Trustee
<br />
<br />
<br />~~~~~~
<br />
<br />GENERAl NOTARY · Sale 01 Nebraska
<br />KAROLYN YONDEROHE
<br />My Comm. 21.2011
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