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<br /> .,� I�J � N � � Om�ha�NE E8102•1366
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<br /> DEEd O�THU5T
<br /> � \ Yl�IIS D�EQ OF THllSY 18 made thls 31st day of Januarv ,
<br /> �' � John I' rarlee and Beverlv .7 rarZee���eAenr� nnri [�i fp _
<br /> �19 __2L.,among tho lYustor, -
<br /> � _ (hereln "Borro�rer"),
<br /> • Be�l Federal Credi► TJnion (hereln "Trustee"), and the BeneflClary,
<br /> ''�`�'� rrea a r tin�nn , a corporation organized and
<br /> Bell Fed�ral ---
<br /> °� . sxisttng und�rtho lnti�ss ot ir�+rP.� Srmrra nf Amexi�^ —'
<br /> ' whose address is_1II� N T.oruAt� Grnnd Tal�� !`?F tiaan� —
<br /> �'", '; ._�f18f8�r1���.9/Id9!��\.
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<br /> `""'�� BORROW��1, (n c�nsidaratlon of tha Indebtedness herefn recited and the trust herein created, irrovocably grar�t9
<br /> �t �nd conveys to Trustee, in trust, with power of sale, tho tollowing described property located in the County of
<br /> ::��;��i ��� _ ,State o4 Nabraska:
<br />_ ,z .
<br />-��t,�qy; Lot Two (2) in Block Two (2) of Koehler Place� an Addition to tFie Gity of
<br /> ,....,:-�•,... Grand Island, Hall County, Nebraska.
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<br /> ���"�'�� Grctnd Island
<br /> ;:�.:;��;� which has the addrass ot 230 s Plum �,
<br /> -;::iar�•;�1 �stroet� t���Y)
<br /> __`��u��� Nebraska 6Aa01 (hereln"Property Address");
<br /> ._:'�:;,.z�� l7�PCod�1
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<br />��``'-' TO(�ETHER wlth all the Improvements now or hereafter ereated an the property,an�all easomsnts,ri4hts,appurtenances
<br />= +�+�_� __�.._...���..w�.,►i..�,..,�•.,�,,o.u,h�a�.,�n„thndttas nlven hereln to Lender to collect and apply such rents),Btll Ot wh�Ch
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<br /> �'a"` ahat!be deemed to be and romain a pa►t of the property cavered by this Deed of'tYust;and all of the toregoing.together with
<br /> � � :� sald property(or the leaseh4ld astate if this Oeed of Trust la on a loasehold)are herelnafter referred to as tho"Propurty";
<br /> �� ' � 'I'b SECUR�to Lender the repaymont oi the Indebtedness evidenced by Borrower's note dated�
<br /> +- 1-31-97 —and oxtensfona and renewala thereot(hereln"Note"),In the principsl sum of
<br /> ._ �,g, � 1t3.000.00 ,with interest thereon, provEding tor monthly Instalimente of principal and interest,
<br /> with the balance of the indebtedness,If not sooner pald,due end payable on�h t��nry 15� 2nn,L ;
<br /> � the payment of all other sums,with Interest thereon,Rdvanced In accordance herewith to protect the security of thie need of
<br /> ' '�ust;and tho pertormance of the covenante and agroementa ot�nrrower hereln contained.
<br /> Borrower covenants that Borrower la Ia�vfuliy selaed of the Hstate hereby canveyed and has the rlflht to grant and convey
<br /> the Proparty,and that the Properry la unencumbered,except 4or encumbrances of record.Borrower cavenAnts that Borrnwer
<br /> � S�� war�ante and will defend generally the tftle to the Property agatnst nll clalms and demnnds,subject to encumbrances A}record.
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