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a L ..• A • � r l 140968 THIS DEED OF TRUST ( "Security Instrument') is made on February 28th _ 1989, Abetrustoris, Ronald E. Purdy and Louise Ann Purdy, husband and, wife ("Borrower'). The trustee is N,'vrkiast Bank Nebraska, National Association (f`Trustee'). The beneficiary is ��t' Bank Nebraska, National _ Association ,which is iarganizedand existing dgithelawsof The: United States of. Anerica ,and wbose address is :2O3 4st ,Thi rd. ' treet,.;.G� and Island, Nebraska 6880.1. ( "Lender").. Boffd� svwesLendertheprinczpassumof Ninety Thousand and no/100ths------------- ---------------------- - - - - -- Dollars (U.S. S 90, 000.00 1• Thisfebt is evidenced by Horrowees iccC6� dated the same date as this Security Instrument ( "Note"), which provides frrs` n7 anihkv payments, with the full debt, if no l' paid earlier, due and payable on March 1, 2009. This Security Instrument secures to Lender: (a) the repayment of the debt evid2ztce3 by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with ihtenest, advanced under parsgmeph 7 to protect the security of this Security Instrument; and (c) the performance of Borrowers covenants and agreemer x For this purpose, Borrower irrer acably grants and conveys to Trusts, in trust. with power of sale, the following described properri . located in Hall County, Nebraska Lot Thirty Five (35), Block One (1), Brentwocd Subdivision, 4e1 the City of Grand Island, Hall County, Nebraska. which has the address of 2224 Woods idige Lane Grand ) Island Nebraska 68801 ( "Property Address"); Rio Code] TOGETHER WITiI 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 apart of the property. All replacementsand Witions sh*ll also be covered by IN% cectnity instrument. A ll 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 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. r±Q+ Tits SEcuRITY INSTRl1MLVT combines uniform covenants for national use and nonuniform covenants with w limited variations by jurisdiction to constitute a uniform security instrument covenng real property. r` lr,. tilS MAW NEBRASKA —smgte Family— MMAIINLMC UNWORM1 INSTRUMENT Form 3028 12183 . ••.an[ u. l as Gram p "•