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r L r 89� 100690 T Itl.ace oft" V t U" for R rdrM Dahl DEED OF TRUST TWS DEED OF TRUST I "Security Instrument "1 is made on February G 19 89', T6 taaator is Wayne N. Scarborough and Geraldine E. Scarborough Hue. i .and Wife l "Borrower "1. The tmstee is AAENO A. " �. MMiitMljl �i"Trwtee 1. The beneficiary in ROME FEDERMAL SAM= AND LOA:: A'.,C==N Fr" ^.:a.,.'.`.:O CLAIN0, `..;loil . which I- organised and existing under the laws of NEBRASKA, and wkee address is 221 South L.oeuat, Grand b • Nebraeha owl P'Lrnder "1. Borrowerowes Lender the principsl sum of Four Thousand One Hundred and no /100---==- - - - - -- ----------------- - - - - -- - ---- DaHars (U.S. S 4,100.00. ). This debt is evidenced by Borrower's note 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 '„ March 1, 1994. This Security Instrument secures to Lender: (a) the r+epayognt of the debt evidenced by the Note, with interest; and all. renewals, extensk m and modifications; (b) the pi►yttaeutt,ofall other sums, with interest, advanced .under paragraph 7 to protect the security of this Security Instrument; add w Ilse perfonzuwe of Borrower's covenants stud a fireements. For this purpose. Boroewer tirevocably Runts and convm to Ttustft in trust. with newer of sak the following dmerdwd a mlili-ety located in Hall County. Nebraska: Lot Eight (8), in Block dine (9), in Wallichs' Addition to. the City of Grand Island, Hall County, Nebraska. 7 which has the address of 1212 West 7th Street Gr.a;kd Island Is l Icityl _ - Nebraska 68801 (•'Property Address•,); , [zip Cc") I Tt9l3E m .WrrH all the improvements now or hereafter erected on the:property, and all easements. rights. appurte>rsnas. cents, royalties. mineral, oil and gas rights and profits, water rights and stock and all fixtuffes now or ' heradt�eta put ogteproperty. All replacements and additions shall also be covered by this Security Instrument. All of the foregratt� >s 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 to 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. rp THIS SEcuRtTV INSTRUMENT combines uniform covenants for national use and non - uniform covenants with t� limited variations by jurisdiction to constitute a uniform security instrument covering real property. NEBRASKA— sinate Family- *NMA /FNLMC UNIFORM INSTRUMENT Financial Las Forma's Form 1213 Form 3028 12/83 V