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<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on May 04, 2001
<br />REGINALD G PHELPS and PATRICIA L PHELPS, HUSBAND AND WIFE
<br />( "Borrower "). The trustee is Earl D Ahlschwede, Attorney
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<br />[Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on May 04, 2001
<br />REGINALD G PHELPS and PATRICIA L PHELPS, HUSBAND AND WIFE
<br />( "Borrower "). The trustee is Earl D Ahlschwede, Attorney
<br />( "Trustee "). The beneficiary is The Equitable Building & Loan Association, FSB
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<br />The trustor is
<br />which is organized and existing under the laws of The State of Nebraska and whose
<br />address is 113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />SEVENTEEN THOUSAND NINE HUNDRED TEN AND 94/100
<br />Dollars (U.S. $$17, 910.94 ).
<br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for
<br />monthly payments, with the full debt, if not paid earlier, due and payable on December 8, 2007
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall County, Nebraska:
<br />LOT THREE (3), PARK GARDENS FOURTH SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />which has the address of 1904 STOLLEY PARK CR
<br />GRAND ISLAND [City]. Nebraska 68803 -6345 [Zip Code] ( "Property Address ");
<br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM
<br />INSTRUMENT Form 3028 9/90
<br />-6R(NE) 192121.05 Amended 5/91
<br />VMP MORTGAGE FORMS - (800)521-7291
<br />Page 1 of 6 Initials:
<br />[Street]
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<br />( "Trustee "). The beneficiary is The Equitable Building & Loan Association, FSB
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<br />The trustor is
<br />which is organized and existing under the laws of The State of Nebraska and whose
<br />address is 113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />SEVENTEEN THOUSAND NINE HUNDRED TEN AND 94/100
<br />Dollars (U.S. $$17, 910.94 ).
<br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for
<br />monthly payments, with the full debt, if not paid earlier, due and payable on December 8, 2007
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall County, Nebraska:
<br />LOT THREE (3), PARK GARDENS FOURTH SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />which has the address of 1904 STOLLEY PARK CR
<br />GRAND ISLAND [City]. Nebraska 68803 -6345 [Zip Code] ( "Property Address ");
<br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM
<br />INSTRUMENT Form 3028 9/90
<br />-6R(NE) 192121.05 Amended 5/91
<br />VMP MORTGAGE FORMS - (800)521-7291
<br />Page 1 of 6 Initials:
<br />[Street]
<br />
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