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ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMENT DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument ") is made on August 31 is 87. The trustor is Charles D Cantrell and Joyce E Cantrell . husband and wife ("Borrower'. The trustee is American Charter Federal Savintn and Loan Association ( "Trustee'). The beneficiary is American Charter Fed" Savings and Loan Association which is organized and existing under the laws of the United States of America and whose address is 206 S 13th St Uncoln, Nebraska 68508 ( "Lender's. Borrower owes Lender the principal sum of Forty Five Thousand and 00 1100 Dopers (U.S.$, 45,000.00 ). This debt Is evidenced by Borrower's note dated the sane date as this Security Instrument ( "Note'l, which provides for monthly payments, with the full debt, If not paid earlier, due and payable on _ _ September 1. 2012 This Security Instrument secures to Lender: (a) repayment of the debt evidenced by the Note, with Interest, and all renewals, extensions and tIons; (b) the payment of all other sums, with Interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower Irrevocably grants and conveys to Trustee. intrust, with power qj sale, the following described properly located In Hall County, Nebraska: Lot Fhre (5 k One Hundred Thirty -Eight (138), Union people Rai Coatparry's Second Addition to the City of Grand bland, Hall County, Nebraska. a ta axe n era which has the add,4f d 422 W 8th ran Ilan Nabnska ( "Property Ades "j; trees uny G s d TOGETHER WITH all krprovanents now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil, and gas rights and profits, water rights and stock and all flo tures now or hereafter a part of the property. AN replacements and additions shalt be covered by this Security Instrument. AN of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower Is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and Owt tit Property is unencnnnbaed, except for encumbrances of record. Borrower warrants and will defend generally the title to she Proper against all clairns and dew, subject to any encumbrances of record. THIS SECURITY 94WAUMENT combines uniform covenants for national use and non- unfform covenants with limited variations by juds- diction constitute a uniform seatttty Instrument covering rest property. r'orm 3028 12,02 NEDPASKA SN40 Famay FNMA/FHLMC UNIFORM INSTRUMENT I of 4 U737D1316-01 kaar) P( BJeT) UI 7j31�7) 27O71284O Page tr Z. 7 m v R O (1 4 ..