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89-;- 103943 -- I>N+m men TWO UW Far *saw" tlalal DEED OF TRUST 1 THIS DEED OF TRUST (•'Security Instrument "i Is trade on July 21 19 89. The trustor, is Kenneth J. Simon and Colleen T. Simon, Husband and Wife t "Borrower "!. Tbo trustee is AMM R. MACK, atkm wy 1"Trusto -11 The bene5eiw7 is HOME FEDERAL SAVM.HGS AND LOAN ASSOCIATION OF GRAmo ISLAND, NEBRASKA, which ,*.' ! wpaised and existing under tb,* Ia" of NENRASKA. and whose address Is 221 SOWN Locust, OruM 1a1- P1,11111 to HfIMQt t"I.ender "l. Bortowerowes Lendeithe principal sutra of.. Sixteen Thousand and no /100------------------ - - - - -- ------------- w__---- - - - - -- Dollirs(U.S. s j 16,000.00 ). This debt is evidenced by Borrower's torte dated the same dsie as this Security Instrument ( "Note). which provides for monthly payments. with the full debt, if not paid earlier, due and payable on August 1, 1994 j This Security 111t secures to Lender; (a) the tYpaymettt of the debt evidenced by the Note, with interest, and all i tmewslik extemi001i f4d modM=tioW- (b):lb a payment of all other sums, with interest, advanixd under paragraph Ito ` Protect the security cf;this Security I113213=0114 and (c) the peffOrmanoeof Borrower's covenants and agreanents. For this i purpose, Borrower irrevocably gt'auiI and;ponveys to Trustee, intrust. with power of sale. the following described property `. located in County, Nebraska: 1 - i Lot Five (5) Imperial Village Seventh Subdivision to the City of Grand Island, Hall County, nebraska. L 7 whichirtk&ddrmof 1822 North Howard Court Grand Island v (srw] (cily) 68803 ( "Property Address" ); - — (zw ceaa) t TOGETHER WITH all the improvements tow ar hetieaRer erected on the property. and all easements. rights. appattewaaces, mats. royalties„ mineral. oil and 2108 tights and profits, water rights and stock and all fixtures now or hereafter apart of the property. All replacements and addition shall abo be covered by this Security Instrument. All of the foregoing is referred to in thisSecunty Instrument as the "Property. - BoRROWER COVENANTS that Borrower is lawfully »mod of the estate hereby conveyed and has the nght 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. Tttts St t °t,.tttry t :Tice s�,-t ^ res Lrscssu COVtnar is for r,atia-Iai uW kad non - uniform cotenants with ittntted tuuttons by lunsdiction to conuitutea uniform security instrument covering real property rw NEIMASKA —s-r,& U110WON" 44TRt M"T faun 3024 12i63 r-,W�:'M tW fyr , lrc� 19,5