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r <br />L <br />t <br />M t1 <br />m <br />eu <br />rn <br />Cc <br />to <br />tat Ub <br />Ub <br />■ -� �� -r; � rrt <br />3 <br />0 <br />(e$pm Nwoe r" LAM for Rleardiit{ tJtr I <br />I.i <br />DEED OF TRUST <br />THIS DEED OF TRUST +: "Security Instrument" � is made on May 5, <br />19 89 .ThetrusWrii i( Dennis H. Jakob and.lanis P. Jakob, Husband and Wife �0 <br />P'Baxrowei ll. Tate trustee is AREND R. SAACK, aMway ( "Trucstee'1. <br />The benefletary is i�=E FEDERAL SAYiNGS AND LOAN ASSOCIATION OF GRAND 1SLA90, N(EBrRASKA, which is <br />organized and eaisr n(I•_under the laws of NEBRASI(k anur whose address is 221 South Lamtia%; TaRt *Md, Nobrukti <br />68801 ("Leader-1. <br />Borrower owes Lendxkhe principal sum of Fourteen Thousand and no /100-----==---- - - - - -- <br />__- - - - - -- Dollars (U.S. S 14, BC'D. BO ). This debt is e- idencedby Borrower's note <br />dated the samr, dau: as this purity Instrument ( "Note"), which provides for manthly payt,.='ts, with case full debt, if not <br />paid earlier, due and ppyalrCz :t may 1, 1622 <br />This Security-Instrument secures to Lenders (a) tht s>P,aaymett a he debt evidenced by tlse. Nate. ,Ib interest, and all <br />renewals, extensirmn surd modifications: iybh the paymtna of.ail athr. sums, with interest, advanced under paragraph 7 to <br />protect the security-afithis Security Instru nient; and (C re, dar performance of Borrower's covenants and agzeements. For this <br />purpose, Borrower ii: cvocabTy grants and conveys to Trustee, in bust, with power of sale, the following described property <br />located in Hall County, Nebraska: <br />Lut T1-drheen C..T-3) in Block Two (2), Lake Davis Acres Subdivision, Hall <br />County, Mbraska. <br />whichhtiz te address of 4419 Carlin Drive Grand Island <br />(Street) 10tyl <br />Nebraska 66801 ( "Property Address"); <br />(tip code] <br />` oGETHER Watt all the improvements now or hereafter erected on the property. and all easements, nghts, <br />appurtenances, rents. royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or <br />hereafter a part of the property. All replacements and additions sliall also be coveired by this Set:ufity If strument. All of din <br />foregoing is rdeffed 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 />sad convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants <br />and will defend generally the title to the Property against all claims and demands. subject to any encurnbrauces of record <br />Tilts SF.crRtty I.Y;1RU%1ftst combines uniform covenants for national use and nun- uniforrn co%enani,6 %iih <br />(irnited variations by )uri. lictiwi tocoustitute a uniform security instrument covering real property <br />.NEBRASKA. s.•ra:e .Cam,,,_ fN4tlalfl MIC.u*tir0M!/ INSTRU!Ilftcr ec,e= 3029 <br />• c a ,e s,...,. <br />.r. <br />r ' <br />4� <br />oft, <br />kto <br />