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CA CA cn C - ISPNO Abe" Tft Lkw For- NoWina Dab] DEED OF TRUST THIS DEED OF TRUST 1 "Security Instrument') is made on AUGUST -23- -- 19 90 . The trastor is KENNETH E KROEGER AND CAROLE S KROEGER, HUSBAND AND WIFE 4 "Borrower"). The trustee is AREND R. SHACK, sKoemy ( "Trustee ")• The,benelidary is- NOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which -is organised and existing under the laws of NEBRASKA, and whose address is 221 South Locust, Grand,lsland, Nebrnstta OW ( ",Lender'). Borrowerowes Lender the principal sum of SEVEN THOUSAND SIX HUNDRED SEVENTY FOUR AND 72/00 - - »- • —----------------------- Vollw N.S. S 7.674.72 ). This debtis evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paidearHer,dueandpay"on SEPTEMBER 5, 1993 This Security Instrument secures to bender: (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 putyme, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in HALL County, Nebraska: LOT THREE (3), IN BLOCK TWO (2), IN ELM PLACE ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA which has the address of 1415. WEST DIVISION GRAND ISLAND • - - - (Street) (City) Nebraska 68801 ( "Property Address "); I'Zip Cade) TOULTHEFt Wrm all the improvements now or hereafter erected on the property, and all easetpents, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter 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.** BORROWER 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. THIS SECURITY INSTRUMENT combines uniform covenants fbr national use and non - uniform covenants with limited variations by jurisdiction toconstitute a uniform security instrument covering real property. NEBRASKA— Single Family -- FNMA /F1ttmc ummm INSTRUMENT Form 3028 1243 ilneneiAl Law Form,'* Form 1019, _ s