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~I~ U~2722 DEED OF T]~UST
<br />THIS DEED OF TRUST is made this ........26th ....... da of ..... MaX .
<br />...............
<br />19.81.,amttngtheTrustor,...Etiward Costello-and Margaret Ann steno, Husband and-Wife
<br />..........................................therein "Borrower"},.......,.........................
<br />............. ..$d.?~tg. ,~~~.~~: ~ ................,(herein "Trostce"}, and-the 8eneficiarg,
<br />Elba ~ State Bank a corporation organized and
<br />existing under the laws of...... Nebraska . . ...... . . . ..... " , .........,.whose address is..... , . ~ -..-....
<br />..... _ . , . Blba, .Nebraska 68835 ..... (herein "Lendbi").
<br />.............................................
<br />BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br />and conveysallTrustee, im trust„ with power- of sale, the following described property located in the County- of
<br />• • • • • .. • . • ...............................State of Nebraska:
<br />I.ot Four (4), in Block One (1), in-Pleasant View Fourth Addition to the
<br />City of Grand Island, Hall Cotmty, Nebraska
<br />whicfi has the address of..... _ ...821 Last Phoenix Grand Zslartd
<br />ISireeil ;Gryl
<br />tebraska 68841 .. {herein `Property Address"t:
<br />......................
<br />{Bute aaC tic Court
<br />Ttx:erttER with alt the tmprovcmcnts nuK or hereafter erected un the property, and all casements. nghn.
<br />appurtenances, rents (subject however to the righu and authorities given herein to Lender to collect and apply such
<br />rents), royalties, mineral, ail and gas rights and profits, water. water rights, and water stock, and all fizwres now ar
<br />hereafter ataached to the property, a!! of which, including replacements and additions thereto, shalt be deemed to be
<br />and remain a part of the property covered by this Deed of Trust: and all of the foregoing. together with said property
<br />(or the leaschpld estate if this Deed of Trust is on a {tasehoki) arc herein referred to as the "Property": `
<br />ToSecuRr, to i:,etxfer {a} the repayment of the indebtedness evidenced by $orrower's note dated.May. 26,..1981
<br />.:.......... (herein "Note"}, in the principal sum of ...'t~ent:y..three. thQUSarxd. five .hundred artd .. .
<br />.. • NP/].QQtb~."-.-':"-"'----:^----... , .. i?ollars, with interest thereon, providing for monthly installrn~nts
<br />Cs( principal and-interest, with the balance of the indebtedness. if not suortcr paid, due and payable on........ - .. .
<br />. ~ .. - ... 3t?zlE. 1,. 2Qlk ............ . .......: tfic paytnrnt of all other sums. with intcrest thcrwn. udvanceJ
<br />in aemrdancc herewith to prarect the security of this Decd of Trust; and the performance of the cotenants and
<br />agreetncnts of Aorrower herein contattted: and i b) the repayment of any future advances, with intcrest thcrcon, made
<br />tt} Bnrrowcr by Ifindot pursuant to paragraph 21 hereof {herein "future Advances'').
<br />HtFt?wcr_cattetutttis tlmt Borrower is lawfully soiscd ut the estate hereby conveyed and has the right to grunt and
<br />captlv~Y the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the
<br />t it2 the Property ap,ainst a!! claims and demands, wbjrcf to any declarations. easetnents tx rv»:uicttotts hstcd in a
<br />sebt:dula of e~tccptions W ctrveragt: in any title inxuranec policy insuring Lender's interest in the Property.
<br />
<br />
<br />~~.t W+ttty~•~-t;t$_.rtMMJfRtMC MMti4~1 tritt#MtBtti
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