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<br /> T.A.R, pREFERRED MORTGAGE CORFORAT[ N � � o �+ d " °'.°� "_ ' `Y`
<br /> ' 19782 MACART�iUR BOULEVARD.SUITE f#2S � N = rn t� u► ,-�-�:n,r�;��
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<br /> II�EI�OF TRUST '%` �-�.:,;�i'°=_`;�.-
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<br /> � TtIIS DEED O�TRUST is made ttus 16thday of December 1996,among the Tnistar, SCOTT T.LAWS and -:-;-—=u__ •
<br /> KpTHALINE M.LAWS,HUSHAND AND W�E,AS JOINT TEI3ANTS(Iteria"Bcrrcwer'�,FIDELITY NATIONAL TITLE _ `"�;°`T�=-�".`
<br /> INS.CO(fierein"Tmstee"),and the Beneficiary, ' .3.�.-
<br /> MORTGAGE CORPORATION "I���+����+��•=T•'�
<br /> 4 'f.A.R.PREt"cERR.ED --�—__.�_-
<br /> �. 5 a wrparation orgaaized and elristing under the laws of CALIFORNtA,whose address is 19782 MACAftTHUR BLVD,SUITE �-y'�L= - �
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<br /> " #Z50 IRVII�IE,CA 92612 ,
<br /> (heram"Leader"). �;`"` . ...--_..__
<br /> ts and conve s w ��'-'`�"
<br /> BORROWEIt,ia consid��tion of the indebte�ess herein recited and the trust herzin•created.irrevocably gcaw y .. _,;
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<br /> ' Trustee,in tmst�with poccer of sale,t�se following descdbed proPenS+lacated in the County a�C�iA1.L,State of NebraSka: . .- , :��T:
<br /> : LOT 8,BLOCK 60,Vlf*_.,�L�R AND BENNETTS ADDTfION,C1T5f OF GRAND ISLANHD,HALL COIJNTY,NEBRASKA. - :•_ ..
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<br /> THIS DTED OF TRis�i iS SECOND AND SUBORDINATE'f0 AN EXIS'Y'bNG FIILST DEED OF TttUST NOVf/OF ,•. .
<br /> . RECORD. ' .;�,:� ,
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<br /> . ' whicb has the sddress of 114 W�T 12TF�STREfi'C (iRAND ISLAI�"� ' '� � ---
<br />� [Street] LCih+l '`',-
<br /> Neb�s2ca 68�01 (herein"1'roperty Address'�; `� .,
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<br /> � "' 1�QGE'i'HER witin sU the improvements now or hereaftc��mcted on the property,z�d all easemeats,dghis, � - "
<br />' . ... $ppurt�nances and rents(snbject however to the rights aad authorities given herein to Lender t�sollect and apply such renb), . . . _ �'.•'.'
<br /> all of whtch sha11 be�iermed to be ar►d remain a purt of the property covered�y t�±s Deed of Trust;and a12 of the foregoing, ' _,�-,_�;.
<br /> together with said prop�rtrty(or the leasehold estate if t�►is Deed of Trust is on Z ic�sehatd)are 6ereinafter n:ferred w as the _T .,;�;_
<br /> � ' "ProPertY°�
<br /> ' � � TO SECURE to 1.ender the repayment of the indebtedaess evidenced by Borroa-�s�ote dated December I6,1496 aad _.:.,���.�'�:.:
<br /> � extensions and reaowals thereof(horein"Note'�,in the principal sum of U.S.45,000.0�,.xs�ith interest el►ereon,providing fai �;,���
<br /> � ��` . monthly installment�of prIncipal aud interest, with the balance of the iadr���+ness, if not saoner paid,due and payable.on r�°�-•:
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<br /> - December 27,2011;4'hhe payment of all othar sums,with intenst thereon,adw.��aced ia accord�ce herewitlz to proiect the secutity .,-:.,.,:,;.,`,:
<br /> � �� ,' of th:s Deed of Tn�st;and the performance of th$covenants aBd agreements o�F�arrawer hereia contained. .�:� , �=,+';:'
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<br /> " Borroc�t;r covenants thac Bonower is lawfully se�sed of the estate here�y coaveyed aad has the r�ght to grant end convey the '_���
<br /> � property,,und thF,t�as property is unencambered,except for encumbrances a�iecord.B�nower covena,nts thet Borrower w�ts �:
<br /> � ead wiU tlefond gsnem9ly the dde to the Property against a11 ctaims aad demariz�.subject to encumbrances df record _N:
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