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[Space Mare This Line For Recording Data[
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument ") is made on May 1
<br />19 86 .Tbetrustoris Richard J. Merrick and Linda J. Merrick, Husband and Wife
<br />("Borrower "). The trustee is Norwest Bank Nebraska,
<br />National Association ( "Trustee "). The beneficiary i
<br />Norwest Bank Nebraska, National Association which is organized and existin!
<br />underthelawsof The United States of America and whose address is 202 West 3rd,
<br />Grand Island, Nebraska 68801 j'Lender')
<br />Borrower owes Lender the principal sum of One Hundred Twenty -eight Thousand and no /100 ohs---- -
<br />-- -- ------ ------------------ Dollars (U.S. $ 128,000-00 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt• if no
<br />paid earlier, due and payable on May 1, 2001.
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note. with interest, and al
<br />renewals, extensions and modifications (b) the payment of all other sums, with interest, advanced under paragraph 7 li
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For thi
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described propert.
<br />located in Hall County, Nebraska
<br />Lot Eleven (11) and a tract of land co.,trising a part of Lot Twelve (12),
<br />Block Three (3) of Rej)IuL of Riverside Acres, an Addition to the City of
<br />Grand Island, Hall County, Nebraska, and more particularly described as
<br />follows: Beginning at a point on the West line of said Lot Twelve (12),
<br />said point being One Hundred Fifty (150.0) feet North of the Southwest
<br />corner of said Lot Twelve (12); thence running North along the `west side of
<br />said Lot Twelve (12) a distance of One Hundred Eighty Three and Three Tenths
<br />(163.3) feet to the Northwest corner of said Lot Twelve (12); thence running
<br />Southeasterly along the arc of a 120 feet radius curve a distance of Ninety
<br />and Thirty -four Hundredths (90.34) feet; thence running Southwesterly to the
<br />point of beginning.
<br />which has the address of 2307 Cottonwood Road Grand Island
<br />jstreet) (Crty!
<br />Nebraska 68801 ("Property Address ");
<br />izm code!
<br />TpGETHER WITH all the improvements now or hereafter erected on the property, and all casements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock aria all fixtures now or
<br />hereafter apart of The property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property '•
<br />BORR(lwtat C,r1.FNANI1� 111al Borrower is lawfully seised of the estate herehy conveyed and has the right to grant
<br />and convey the Proper'ry and that 'ahr Property is unencumtBred, except for encumbrances of record, Borrower warrants
<br />and will defend genrralh the title to the Properly against all ,]arms and demands, subject it, any cnrunihrancrs of record
<br />birth ST(t'RiTl' I "atf+.'. "IN: �:•.+rnhiocs ujmforrn covenants for national u,v :mid flotl :rrnf"IM ..vtsc•nallts sith
<br />hatted varlate :rrn by ;unsol ;t,,n r ;r;rc a and tin sccurry instrument cosy ruu, r.:ai piojmin
<br />` i;1'.1 jai
<br />NEBRASKA FNMA FHLMC 1IN1FORM INSTRUMENT wog ;N8 I W ; 8 1
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<br />[Space Mare This Line For Recording Data[
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ("Security Instrument ") is made on May 1
<br />19 86 .Tbetrustoris Richard J. Merrick and Linda J. Merrick, Husband and Wife
<br />("Borrower "). The trustee is Norwest Bank Nebraska,
<br />National Association ( "Trustee "). The beneficiary i
<br />Norwest Bank Nebraska, National Association which is organized and existin!
<br />underthelawsof The United States of America and whose address is 202 West 3rd,
<br />Grand Island, Nebraska 68801 j'Lender')
<br />Borrower owes Lender the principal sum of One Hundred Twenty -eight Thousand and no /100 ohs---- -
<br />-- -- ------ ------------------ Dollars (U.S. $ 128,000-00 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt• if no
<br />paid earlier, due and payable on May 1, 2001.
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note. with interest, and al
<br />renewals, extensions and modifications (b) the payment of all other sums, with interest, advanced under paragraph 7 li
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For thi
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described propert.
<br />located in Hall County, Nebraska
<br />Lot Eleven (11) and a tract of land co.,trising a part of Lot Twelve (12),
<br />Block Three (3) of Rej)IuL of Riverside Acres, an Addition to the City of
<br />Grand Island, Hall County, Nebraska, and more particularly described as
<br />follows: Beginning at a point on the West line of said Lot Twelve (12),
<br />said point being One Hundred Fifty (150.0) feet North of the Southwest
<br />corner of said Lot Twelve (12); thence running North along the `west side of
<br />said Lot Twelve (12) a distance of One Hundred Eighty Three and Three Tenths
<br />(163.3) feet to the Northwest corner of said Lot Twelve (12); thence running
<br />Southeasterly along the arc of a 120 feet radius curve a distance of Ninety
<br />and Thirty -four Hundredths (90.34) feet; thence running Southwesterly to the
<br />point of beginning.
<br />which has the address of 2307 Cottonwood Road Grand Island
<br />jstreet) (Crty!
<br />Nebraska 68801 ("Property Address ");
<br />izm code!
<br />TpGETHER WITH all the improvements now or hereafter erected on the property, and all casements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock aria all fixtures now or
<br />hereafter apart of The property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property '•
<br />BORR(lwtat C,r1.FNANI1� 111al Borrower is lawfully seised of the estate herehy conveyed and has the right to grant
<br />and convey the Proper'ry and that 'ahr Property is unencumtBred, except for encumbrances of record, Borrower warrants
<br />and will defend genrralh the title to the Properly against all ,]arms and demands, subject it, any cnrunihrancrs of record
<br />birth ST(t'RiTl' I "atf+.'. "IN: �:•.+rnhiocs ujmforrn covenants for national u,v :mid flotl :rrnf"IM ..vtsc•nallts sith
<br />hatted varlate :rrn by ;unsol ;t,,n r ;r;rc a and tin sccurry instrument cosy ruu, r.:ai piojmin
<br />` i;1'.1 jai
<br />NEBRASKA FNMA FHLMC 1IN1FORM INSTRUMENT wog ;N8 I W ; 8 1
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