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<br />DEED OF TRUST
<br />._ THIS DEED OF TRUST ( "Security Instrument ") is made on July 28,
<br />1989 .Thetrustoris Randal L. Kenny and .Barbara L. Kenny, each in his and her own right,
<br />and as spouse of each other ("Borrower"). The trustee is Earl D. Ahlschwede, Attorney
<br />( "Trusted'). The beneficiary is
<br />The Equitable Building and Loan Association, , which is organized and existing -
<br />under the laws of the State of Nebraska , and whose address is 113 -115 North Locust
<br />Street, Grand Island, Nebraska, ( "L.endee')4. .
<br />Borrower owes Lender the principal sum of Twenty Thousand and no/200 -----------------------------
<br />----------------------------- Dollars (U.S. s 20, 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, 2004
<br />This Security Instrument secures to L.endr.r: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modifloations, (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 canvays.to Trustee, in trust, with power of sale, the following described property,
<br />locatedin . Hall County, Nebraska:
<br />A tract of land comprising a part of the Northwest Quarter (NW/4) of Section Thirty Two
<br />(32), Township Twelve (12) North, Range Eleven (11) West of the 6th P.M. in Hall County
<br />Nebraska, more particularly described as follows: Beginning at the Northeast corner of
<br />said Northwest Quarter (NW14); thence running Westerly along the North line of said
<br />Northwest Quarter (NA), a distance of Nine Hundred Twenty Five and Fifty Eight Hun -
<br />dredth.s (925.58) feet, to the ACTUAL point of beginning; thence deflecting left 90 de-
<br />grees.28' 48" and runnihtg Southerly, a distance of Three Hundred Ninety Five (395.0)
<br />feet-,. .thence deflectitig''right 90 degrees' 28' 48" and running Westerly, a distance of
<br />Three Hundred Ninety Four (394..0} feet; thence deflecting right 89 degrees 31, 12" and
<br />running Northerly, a distance of Three Hundred Ninety Five (395.0) feet, to a point on
<br />the North line of said Northwest" Quartet• (NA); thence running Easterly along the North =`
<br />line of said Northwest Quarter (NNG.), a distance of Three Hundred Ninety Four (394.0)
<br />feet, to the ACTUAL point of beginning,'now known as Lot One (1), Spiehs Sjbdivision, ,.
<br />Hall County, Nebraska,
<br />which has the addressof Rural Route #1, Box 150 Cairo ,
<br />lstreetl (city)
<br />Nebraska 68824 ( "Property Address'•).
<br />t2+G Code)
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<br />TOGETHER WITH all the improvements 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 of the property. All replacements and addition3 shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property."
<br />LBORROWER COVENA%FS 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 encumbrances 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 />Tilt; sf(•r'RIT% 1%%tRi:W!�I Cninhines uniform covenants. for national use and non - uniform cokcnarvs with
<br />hmstcd,.anat=% hy) umdictiontoc < institute a uniform security instrument:o,enng real property a
<br />NEBRASKA. rn•- , •FNMAIVHLMC UNIFORM INSTRUMENT Forn, 3028 12183
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