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L <br />c <br />1 <br />90--10 00144 <br />Itre masse m. tame r.► 0 - " nand <br />DEED OF TRUST <br />THIS DEED OF TRUST ("Security Instrument") is made on September 20 <br />19 90 . The truator Is 6 -V -W Company, A Partnership <br />f "Borroww "1. The trustee is AREND R. SHACK, attomey 1"Trustee "). <br />The bensfidu7 is NOME FEDERAL SAYINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is <br />organised and Buis ft under the laws of NEBRASKA, and whose address is 221 South Locust, Grand Mend, Nebraska <br />6=1 ("Leader "). <br />Borrower owes lender the principal sum of <br />Twelve Thousand and 00/00--------------------- - - - - -- <br />------------------------ - - - - -- -fellers (U.S. S 12.000.00 ). This debt is evidenced by Bos:swe.- s note <br />dated the same date as this Security Instrument ("Note "). which provides for monthly payments, with the full debt, if trot <br />paid earlier, dace and payablecen September 15, 1 996 <br />This Security Instrument secures to Leader: (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 wc,urity of this Security Instrument; and (c) the pedonnance of Borrower's covenants and agreements. For this <br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with powerof sale, the following described property <br />Mwow in Hall County, Nebraska: <br />LOT ONE (1) BISON MEADOWS SUBDIVISOV TWO AND ADDITION TO THE VILLAGE flr <br />DOWIPHAi , HALL COUNTY, NEBRASKA. <br />which has the address of P 0 Box 2156 Grand Island <br />68802 (strest) ICxy) <br />Nebraska [2b ( "Property Address' <br />Cade] <br />TOOETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtntanoes, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or <br />bereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the <br />foregoing is tefen to in this Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawf lly seised of the estate hereby conveyed and hu the right to grant <br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants <br />sad will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSMUMENT combine& uniform covenants for national use and non - uniform covenants with <br />limited variations by jurisdiction to constitute a uniform seeunty instrument covering real property. <br />NEBRASKA- -sM9is fames-- Femit' me t1[woom tMETMImoot tom 9029 12103 <br />frwrct« tar POMIN <br />Flom ms <br />l.i: <br />;stn <br />t• <br />__.1 <br />