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<br />SUBSTITUTION OF TRUSTEE AND DEED OF RECONVEYANCE
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<br />1. Substitution of Trustee. Equitable Federal Savings Bank of Grand Island,
<br />of P.O. Box 160, Grand Island, NE 68802, is hereby appointed Successor Trustee
<br />under the Deed of Trust executed by MICHAEL J MILBOURN. AN UNMARRIED PERSON, as
<br />Trustor, in which EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND,
<br />formerly known as THE EQUITABLE BUILDING AND LOAN ASSOCIATION OF GRAND ISLAND,
<br />NEBRASKA, is named as the Beneficiary and Earl D. Ahlschwede, Attorney, as Trustee,
<br />dated OCTOBER 31.2001. and recorded NOVEMBER 1.2001, in the Office of the Register
<br />of Deeds of HALL County, Nebraska as Instrument No. 200111124 regarding the real
<br />estate described in paragraph 3 below.
<br />
<br />lP.Y-
<br />
<br />2. Deed of Reconvevance. The indebtedness secured by the Deed of Trust
<br />executed by MICHAEL J MILBOURN. AN UNMARRIED PERSON, as trustor, to Earl D.
<br />Ahlschwede, Attorney, as Trustee, for the benefit of Equitable Federal Savings Bank of
<br />Grand Island, formally known as The Equitable Building and Loan Association of Grand Island,
<br />Nebraska., A Federal Savings Bank, Successor to The Equitable Building and Loan Association of Grand
<br />Island, Nebraska as Beneficiary, dated OCTOBER 31. 2001 , and recorded in the office of the
<br />Register of Deeds of HALL County, Nebraska as Document No. 200111124, has been
<br />paid, and the Beneficiary has requested in writing that this Deed of Reconveyance be
<br />executed and delivered as 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 />THE SOUTHERLY EIGHTY FEET (80) OF LOT SEVEN (7), AND THE NORTHERLY
<br />TWENTY FEET (20) OF LOT EIGHT (8), BLOCK TWO (2), WEST NORTH LAWN
<br />SECOND ADDITION TO THE VILLAGE OF WOOD RIVER, HALL COUNTY, NEBRASKA
<br />
<br />EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND,
<br />BENEFICIARY and SUBSTITUTE TRUSTEE
<br />
<br />By -4/~ __ (
<br />
<br />Its President/ CEO
<br />
<br />
<br />STATE OF NEBRASKA, COUNTY OF HALL ~
<br />The foregoing Substitution of Trustee and Deed of Reconveyance was acknowledged
<br />before me this 23rd Day oC September__.___, 2005, by f-{ick L. Harbaugh, President/CEO
<br />of Equitable Federal Savings Bank of Grand Island, a federal savings bank, on behalf of said
<br />federal savings bank, Beneficiary and SUbstitu~te '. . e -. 1Ft: ____
<br />. ).,
<br />GENEfW. NOTARY. State of Nebraska _ '. a"L' )<J//) Z{:~ )
<br />EILEEN B. TESMER .. . ... .' -,. -
<br />Mycomm.Ellp.Dec.1.2006 Notary PublIc
<br />
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