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<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST is-made this 20th day of March ,
<br /> 1998 , among the Trustor, LaVonne M Ashwood and Richard E Ashwood, Wife and
<br /> Husband (herein "Borrowe�'),
<br /> Bell Federal Credit Union (herein'Trustee"), and the Beneficiary, �,j
<br /> Bell Federal Credit Union a corporation organized and
<br /> existing under the laws of United States of America
<br /> whose address is 102 N Locust '
<br /> Grand I s 1 and NE 6 8 8 O 1 (herein°Lende�').
<br /> BORROWER, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants
<br /> and conveys to Trustee, in trust, with power of sale, the following described properry located in the County of
<br /> Hall , State of Nebraska:
<br /> Lot Five (5) , Ravenwood Subdivision, Hall County, Nebraska.
<br /> which has the address of 536 Iv Hall Ct Grand Island
<br /> [ treet) �� �
<br /> Nebraska 6 8 8 O 1 (herein "Properry Address");
<br /> Zip C e]
<br /> TOGETHER with all the improvements now or hereafter erected on the property,and all easements,rights,appurtenances
<br /> and rents (subject however to the rights and authorities given herein to Lender to coilect and apply such rents), all of which
<br /> shall be deemed to be and remain a part of the property covered by this Deed of Trust;and all of the foregoing,together with
<br /> said property (or the leasehold estate if this Deed of Trust is on a leasehold) are hereinafter referred to as the"Property";
<br /> TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated
<br /> 3-2 0-9 8 and extensions and renewals thereof (herein"Note"), in the principal sum of
<br /> U.S.$ 2 8, 0 0 0.0 0 , with interest thereon, providing for monthly installments of principal and interest,
<br /> with the balance of the indebtedness, if not sooner paid, due and payable on_ 3-2 5-2 0 0 8
<br /> the payment of all other sums, with int�rest thereon, advanced in accordance herewith to protect the security of this Deed
<br /> of Trust;and the performance of the covenants and agreements of Borrower herein contained.
<br /> Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey
<br /> the Property,and that the Property is unencumbered,except for encumbrances of record.Borrower covenants that Borrower
<br /> warrants and will defend generally the title to the Property against all claims and demands,subject to encumbrances of record.
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