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1 89--- 10024'7 [%MW Atww ThN tine For Raab 0*U1 DEED OF TRU T THLSDEEPOFTRUST "Sectrity`b'huument ")is made on January "13 ig89 .,metruste,;is , Wendell: D..�Pea t;er and Sharon L:..Spenc ,.husband and wife ("Borrower"). The trustee is Norwest Bank Nebraska, Rational Association ( "Trustee"). The beneficiary is Norwest Bank' Nebraska, KWonal Association .which is organized and existing S under the laws of The United $ta tes of America . and whose address is 202 West Third Street, Grand Island, Nebraska 68801 ("Lender"). Borrower owes Lender the p&cipal sum of Eighty -one Thousand and no/100ths------------------ ----- - - - - -- ----- - - - - -= Dolhm(U.S.S 81,000.00 ). This debt is evidenced byBormwersnote (. dated the same date as this Security Instrument ( "Note•'), which provides for monthly payments, with the full debt, if not } paid earlier, due and payable on February .1, 2019. This Security Instrument secures to Lendei; (ra) the repayment of the .debt. evidenced by the Note, with interest, and all ',.. renewals, extensions and modifieatiaas; (b)tht payment of all other sums, with interest, advanced under paragraph 7 to i protect the security of this Security. :lat. meat; and (c) the performance of Bgrrower.'s covenants and agreements. For this 1 purpose, Borrower iffevocablygrauftend conveys to Trustee, in trust, with power of stle, the following described property Lirntort in a� 7 C'nnnty. N�!Jtt ►t1cs? Lot Two W, Park Gardens Fifth Subdivision, in the City of Grand Island, Hall County, Nebraska. whichhastheaddrem6f 1810 StollevPPark Circle.. Grand�Ilsland Nebrti ka 68803 ( "Property Address "); [Zip code) ToGErhER WtrH all the 'imprbvements 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 f4egoing is referred to in this Security Instrument as the "Property." ? BoRRo*ER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant send convey the Property and that,the Property is unencumbered, except for encumbrances of record. Borrower warrants aind will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. 1. Tilts SEcuki Y 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 1164NE 14E11AASKA.-slftg, raIrdy- ;tMarcti<UC uWotrM INSTRUMENT corm 3028 12/83 c.�a a, is. c "-J. y:> I i i _