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I i DEED OF TRUST THIS DEED OF =UST 1 -Security Iastruttaen0 is trade on June 26 19 89 • The trustee ts, Harlan L. Jensen and Bonnie L. Jensen, Husband and Wife ( "Borrower"). The trustee is AFA MD A. OAACK, Oft my l"Trustee1. Tbo beneftcWy is "ONE FEDEl.1'AL. SAVVM AND LOAN ASSOCIATION OF ORANO MM AND. INIMUSM, which is orgaaised and etdstUg: w*r the )aw x of NEWIASKA. and whoa address is 101 Siottth LocuM. Qrattt! INMtd. Nobnake •1001("Leader "). Bo rrower own Luxlrrd*pritwipal sum of Sixteen Thousand and no /100------------------ - - - - -- ----------- - - - - -- - - - - -- Dollan(L1.S. S 169000.00 ). This debt is evidenced by Borrower's note dated the son date sa this Security Instrument ( "Note "), which provides for monthly payments. with the full debt, if not . paid earlier. due aid pq at* on July 1, 2004 This Security Instnuneat imures 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 suns. with inteteM: advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performaaee of Borrower's covenants and agreemeat c. For this purpose. Borrower irrevocably puts,and conveys to Trustee„ in trust. with power of tile; the following describe di.peopt ny located in Hall County. Nebradu& Lot Sixteen 916),In Block Three (3), in Boggs and Hill's Addition to the City of Grand Island, Hall Countyr,: Nebraska. wiicbkodmoddressof 2004 West 12th Street Grand Island, N*6rarka 68673 ("Pr"criy Address "); (ran CCU) TOGETHER WITH all the improvements now or hereafter erected on the property. and all easements, rights, appunettatrM. rents. royalties, fn"Wal, oil snwq on rights and profits, water nghts and stock and all fixtures now or hereafter a part of the property. All reptacerneti, nd additions shall also be covered by this Security instrument. Ali of the fortIpagis rekffed to in this S&unty Irutrumeat "the "Property. - tott.KYWI t COVENANTS that Borrower a lawfully seised of the estate hereby conveyed and has the right to grant and arrtvey the Property and that the Property is unencumbered, tact" for encumbrances of record. Borrower warrants and will defetrd mew. ally the title to the Property alwest all c•latms and demands. subwt to any enc:umtwatwft of record tflM St"L ntry IMTRI ME %T combines uniform covenants for national use and non-uniform covenants with !mir«d vxrtat►om by lurwdi.;wn to convolute a untfotm saurtty instrument covering real property t+llgNtA'S1611 �: �.a� A. ; st+tta r rt+t we ttttwfotfsa tsrtttissf>rr form 3028 12!83 , M R —.0.1