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�s- i.o3267 -� k lsv+re man This Line for Rw"dit orm) DEED OF TRUST THIS DEED OF IRIPS7E (Se u _ynstrnmrnt ") iSmadepn .. MAY 30 .............. . 19 1%&, Thetrustorta atri:ce tans, a ink a )serson anci:::�ames $:.::::Frans and .............................. Norma S Frans, Husband and iW�,er ").Thetrusteets Gateway Bank,.,and „Trust ........ Company Gate? ai% Sft „ p i ngg Center ("trustee "). The beneficiary is Gateway bank anti' "'Trust Cotiipari ................ ...... ..................................................... .... y.......................... ............................... which is organized and existing UE!,thel wsof NEBRRS1iA �lst and O Streets rnco n, f�ebt^as "fia Cgl 5ib5 ..... ............................... and whose address is ..................... ............................... .................... I ). .....T.F...`7.....i...... alV11 "'FD1717 " "...... D "RE1� a'r�cl �' %4tiF du Borrower owes Lender the. noel sum of ..' ....:.................. ........ ............................... principal Dollars (U.S. S ......... � .,. '. ). This debt is evidenced by Borrower's note dated the same date as this Security Inst N to" )�, hied, provides for monthly payments, with the full debt, if not paid earlier, due and payable on ......................................... .. z... 1 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (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 irrelWtlly grants and conveys to Trustee, in trust, with power of sale, the following described property locatedin ................................................................................................................... ............................... County, Nebraska: LOT ELEVEN (11), BLOCK SEVEN (7), REPLAT OF CONTINENTAL GARDENS, UNIT NO. 2, GRAND ISLAND, BALL COUNTY, NEBRAS4ta #111 ST. JAMES GRAND ISLAND whichhas the address of .............................................................. ............................... ............................. [street] (fib) Nebraska 6138 @3 . .............. ... ( "Property Address "); ......... [zip codel TOGETHER WITH all the improvements 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 fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All 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 1 and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THis SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constit -te a uniform security instrument covering real property. NEBRASKA — single, Family— FNMAtFNLMC UNIFORM INSTRUMENT Form 3028 12/83 - 44727 SAF SYSTEMS AND FORMS CHICAGO, it I