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F 1 89- 101455 7 [3Mce Nm no tt Fe► No., n Oabl DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument) is made on- ' . march 16 19 89 . The tcustor Is Eugenna _F. Schuster aid. Lois Ann Schuster, Husband and Wife ( "Borrowe^ The trustee is ARM.A. SAACK, attonNY ( "Trustee "). The beneficiary is HOME FEDERAL SAVW,&S AND LOAN ASSOCIATKIN OF GRAND WAND, NEBRASKA, which is organized and existing under the laws aI NEBRASKA, and whose address isi 221 SbaM'.Locust, Grand lalmd, Nebraska 6MI ( "Lender'). Borrowerowes Lender the principaflsamof Six Thousand Seven Hundred and no /100------- - - - - -- ----------------------- - - - - -- Dollars (U.S. S 6, 700.00 . ). This debt is evidenced by Borrower's note dated the same date as Sluts Security Instrument ( "Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on April 1, 1994 This Security Instrument rsecures to Lender: (a) the repayment of the debt evidenced by the Note, with interesa, and all renewals, extensions and'•modfiations; (b) the payment of aft other sums, with interest, advanced under paragraph 7 to protect the security of this Security instrument; and (c) the performance of Borrower'$ covelnsnts and agreements. For this purpose. Borrower irrevocably grants and conveys to Trustee, in trust, with power of sate, the following described property r :� located in Hall County, Nebraska: Dots One (1) and Two (2), in Schuster Subdivision, in the City of Grand Island, Hail County, Nebraska. 0 I which has the addreisof 314 and 320 West Oxmird Grand Island (street) (City) Nebraska 68801 ( "Property Address "j; (Zip Code) ToGE1'h'U- .' rrH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenancef. i'&_^s, royalties, mineral,.oil and gas rights and profits, water rights and stack and all fixtures now. or hereafter a part c.2 the property. All replacements andadditions shat) also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BonowmIt 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. Tits SECURITY INSTRUMENT combines uniform covenants for national use and nonuniform Covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. NEBRASKA —Smut Famo-- rodmilmuc UNIFORM INSTRUMENT form 3020 12/83 J s,• +mL:u U. Ron*,. , i ti M