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89-- 104062
<br />t5raft- Aftye. Tho Lk* Fqv. %twime DAtal
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on August 2 , ,
<br />1989 . Thetrustor is Daisy M. Jensen and Kermit Jensen, each in her and his own right, and
<br />as spouse of each other ( "Borrower "). The trustee is Earl 0. Ahlachweds , Attorney
<br />( "Trustee "). The beneficiary is
<br />Th uitab1s Building and Loan Association, ,which is organized andexistinj
<br />underlh laws of the State of Nebraska , and whose address is 113 -115 orth Locust
<br />Street, Grand Island, Nebraska 68801 ( "Lender ").
<br />Borrower owes Lender the principal sum of Sixteen Thousand and no/100 ------------------------
<br />----------------------------- Dollars (U.S. S 16, 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 September 1, 2004
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all!
<br />renewals, extensions and modifications; (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 conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall County, Nebraska:
<br />)
<br />The Southerly Forty Four (44) feet of Lots One (1) and Two (2), Block Seventy Three
<br />(73), in-Wheeler and Bennett's Third Addition to the City of Grand Island,,Hall
<br />County, Nebraska;
<br />which has the address of 1414 North Locust Grand Island
<br />Ist"W] [city)
<br />Nebraska 68801 perty Address "); -
<br />(Zro code)
<br />T'd GETHER WITH all the improvements naw or `hereafter erected on the: Oroperty, and all raserfttb rigFjrsr' ;
<br />surtenances, rents, royalties, mineral, oil and gas rights and profits;,, Water rights and stock and all fixttires'now or
<br />Hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />faregoing is referred to in this Security Instrument as the "Property."
<br />BORROWER COVENANTS 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 />Tnis SEcuRITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />NEBRASKA-- .S,ngle Fami1y— FNMA /FHLMC UNIFORM INSTRUMENT Form 3028 12/83
<br />f, +n �9 +•, f., tC+n )„ 111 +JI A IA - r ,P �.%! ;,�,u�•. �-
<br />7 OWES OEM-% t 800 95.2413
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