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F which haa the address of 8017 West Stgj4p Park Road Grand Islas, Nebraska [ Rnq l ("Property Address "); TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, aprItrtenances. rents. royalties. mineral, oil and ps rights and profits. water rights and stock and all fixtures now or hareafw 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." LBORROWER COVENANTS that Borrower is lawfidly seised of the estate hereby conveyed and has the right to grant aid convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defptd generally the title to the Property against all claims and demands; subject to any encumbrances of record. THts SECL'Rtiv INSTRUMENT combines uniform covemts for national use and non - uniform covenants with [imittd variations byjurisdiction toconstitute a uniform security instrument covering real property. NEBRASKA —S.,ve Famty- ioomni uc umlFow 1Ns/R Ww Form 3028 ez/e] fc« 19,1 (Y t tO � lii�il�� •r.♦ r� r� r. 10097' DES, OF '.TRUST .,... :,. THIS DEED OF TFirGiAT C'Security Ins'`' _45 made tin February 27' 19 89. The trustor James A. Schwadeptti and Marcia K•:. 2c:hwaderer Bus 2 f3 ` Wife ------------- - - - - -- - - -�` :�'Sorrowee The trust�ml.tARENC Rr AAACK;. The beneficiary is HOME FEDERAL: SAiANGS AND LOAN ASS00AT1014 O C4W ISLAND, NEi9RASi . :s eh is : organized and existing under the isws of HEMASKA, and whose address is 221 Soo Z'4 +ol, &&W [trim,.. SMI C Leader'). Borrower owes Loader the principal sum of Sire. :Seven Thousand Five Hundred anal 00-- - - - - -- - Dolla> s Wk A S � 7 .,500.00 ). This deli &gvidenccd by Bor w*Ws note dated the Same date as this Security Instrument uh.t . i 'provides for monthly F23mc�ts, with the full debt, if not paid earlier., dike and payable on March 1, -Z-b i g.' This Security Instrument secures to Leader. (a) the re paymeni of the debt evidenced by the Note: vrFitlt interest; and all renewals, extensions and madifications; (b) the payment of all other sums. with interest, advacu-e W. wu er paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's cavtna= aadragreements. For this purpose, ru: rnawer irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in Hall County, Nebraska: ' Lot Nine (9), Lot Ten. (10), and the East Forty One (41) Feet of Lot Eleven (11), in Hagge's Subdivision, in the City of Grand Island, Hall County, Nebraska, — excepting that tract to the City of Grand Island, Nebraska as shown in Report of Appraisers recorded as Document No. 78- 001284. which haa the address of 8017 West Stgj4p Park Road Grand Islas, Nebraska [ Rnq l ("Property Address "); TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, aprItrtenances. rents. royalties. mineral, oil and ps rights and profits. water rights and stock and all fixtures now or hareafw 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." LBORROWER COVENANTS that Borrower is lawfidly seised of the estate hereby conveyed and has the right to grant aid convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defptd generally the title to the Property against all claims and demands; subject to any encumbrances of record. THts SECL'Rtiv INSTRUMENT combines uniform covemts for national use and non - uniform covenants with [imittd variations byjurisdiction toconstitute a uniform security instrument covering real property. NEBRASKA —S.,ve Famty- ioomni uc umlFow 1Ns/R Ww Form 3028 ez/e] fc« 19,1 (Y t tO � lii�il�� •r.♦ r� r� r.