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86... 107131 [Space Above This Line For Recordist 0ata1 DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument ") is made on May 30 1986 .Thetrustoris Ronald A. Woolworth and Elizabeth J. Woolworth, Husband and wife ( "Borrower "). The trustee is Ticor Title Insurance ("Trustee"). The beneficiary is The Greeley National Bank which is organized and existing under the laws of Colorado and whose address is P.O. Box 1098 Greeley, Colorado 80632 ( "Lender "). Borrower owes Lender the principal sum of THIRTY SEVEN THOUSAND FOUR HUNDRED and 00 /100 - - - - -- ----------------------- - - - - -- -Dollars (U.S. s 37 ,400.00 ). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for itmltcltill payments, with the full debt, if not paid earlier, due and payable on October 5, 1987 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrowers covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in Hall County, Nebraska: Lot Three (3), Block Twenty -Two (22), Charles Washer's Addition to the City of Grand Island, Hall County, Nebraska. which has the address of 1511 West Koeni��1 Grand Island Nebraska 688�0[3j ("Property Address'); ' tbp Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORRowER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right .o grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non- uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. NIS 11b4NE KEORASA- -a#nnw F&M0#1 4"A /t0LMC UMM M INSTRUMENT Form 3029 12 /83 €'w,R ,qt5