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r 89-- 102776 (iaac. Agar. Tn+. uns i« RseorAieM Oats] DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument "► is made on may 24 19 89. The trustor is Gary R. Graham and Margaret Ann Graham, Husband and Wife ("Borrower"). The trustee is AREND R. BAACK, tMomey 1 "Trustee"]. The beneffrciary is NOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is oarganised and existing under the laws of NEBRASKA, and whose address is 421 South Locust, Grand Island, Nebraska SMI ( "Lender"). Borrower owes Lender the principal sum of Thirty Thousand and no /100--------------------------- Dollars (U.S. S 3pp, pp00.0po )• This debt is evidenced by Borrower's note dstod the,same date as this Secuu�itg, instrument ( "Note "), which provides for monthly payments, with the full debt. if not paid earlier, due and payable on un 1 2004 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragrAph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee. in trust, with power of sale. the following described property located in Hall county, Nebraska: Lot Kline (9) in Block Two (2), in Le heights Second Subdivision, in the city of Grand Island. Hall County, (Nebraska. Nehtasks 68803 ( "Property Address"); (Zoo coot] TOGETHER WITH 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 • 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." BORROWFAR 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 demand. subject to any encumbrances of record THIS St- cuittiv INSTRUMENT combines uniform covenants for national use and non-uniform covenants with irnuted variation% by lunsdiction tuconshtute a uniform security instrument cvnenng real property NEBRASKA- sines:* 1s(r. t—MMAI MIMC UNIFORM INSYRUMENY Form 3028 12(89 n r' r