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(space Abe" This Lilo For Relwrds>s Data( <br />DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument "1 is made on April 20 <br />19 89 The trustor is Todd G. Lechner, a single person <br />("Borrower "). The trustee is AREND R. BAACK, attorney ("Trustee "). <br />The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is <br />organized and essting under the laws of NEBRASKA, and whose address is 221 South Locust, Grand Island, Nebrasks <br />68801 ( "Lender "). <br />Borrower owes Lender the principal sum of Twenty Seven Thousand and no/100 -------- <br />-- - - -- <br />I3ollars (U.S. S 27,000.00 ). This debt is evidenced by Borrower's note <br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not <br />paid earlier, due and payable on August 1, 2009 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all <br />renewals, extensions and modifeations; (b) the payment of all other sums, with interest, advanced under paragraph 7 to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property <br />County, Nebras <br />located in Hall �• <br />e_ <br />Lot Two Hundred Twelve (212), in West Lawn, an Addition to the City of <br />Grand Island, Hall County, Nebraska. <br />which has the address of 1423 North Gragq,.I41and Avenue Grand Island ' <br />Nebraska F8803 ( "Property Address"); <br />lzv codeI <br />TOGETHER WITH all the irnpro—ments now or hereafter erected on the property, and all easements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or <br />hereafter a part oaf the property. All replacements and additions shall also be covcrrd by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant <br />and convey the Property and that the Property is unencumbered, except for encvmbrances of record. Borrower warrants <br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and nonuniform covenants with <br />limited variations by jurisdicti.1 to constitute a uniform security instrument covering real property. <br />NEBRASKA,. -Single hmdy— FNMA /FNLMC UNIFORM INSTRUMENT Form 3028 12/63 <br />fMwclal LAP <br />Iy'„ lets <br />i <br />