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nip r ell, W C.0 -4 n to n Iv Q r- [$POW A%M DEED ffj, RUST THIS DEED OF TRUST Mecurity latrnta ':1 IS MMj ' 0 0(i ' 3,: August M 19 89Tbe trustoir is ISLAND INVES TMT, ING f BorroweO. The trustee is AREND R. SAACK, allomey (-TmstW). The beneficiary is HOW FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND. NEBRASKA, which is organized and existing under the laws of NEBRASKA. and whom addmas is 221 South Locual, Grant! *aWd Nobnmka ..'SWI f"Lender"). .Borrower .. - '* Thousand ard rnp/1010 ---------------------- owes Lender the principal smolt of E4117't J)bliki�q'J'�.S .1t This debt is evideneW by Borrower's note dated the usne date as this Security IrAlawnent. whW "fixmorithly payments, with the full debt, if not I*d carlim due and payal: lean Se tembler - 1 990 !U -Security Instrument secures to E=. 4j &:,.i;ynent of ' asridenced by the "dote, with interest, and all rmewsls, extensions and rmdi!lcatimve�t (7)) the pa9r=t of all other sums, with interest; advanced under parqnph 7 to protect the security of this Security h2got. =.ent; and W the per-Wrtiance of Borrower's covenants and agreements. For this ,parpose. Borrower irrevocably grants and conveys.&Tkustw, is u-mt, with power of sale, the following described property 1i County, in Hall Nebraska: Lot One (1), Loescher Subdivision, in the City of Grar, Island, Hall County, Nebraska which h the addfewof Grand Island o ISMIM) (City) Nebraska 68803 ( "Property AddfeW'); Izo COM) TOGSTME-st W111 411-1 the improve is row w h_—rJL-t er=ced on tlx pr ,sr and all right„ WufttnvrA%. rents. royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter put of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Pr6perty.- BMItOWFIL COVENANTS that Borrower is I&Wfidly seised of the estate hereby conveye!d and has the right to grant and "MWY the PfoWnY WA that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all clams and demands, sub" to any encumbrances of record. THIS SRUNITY 11S1 itt;%(E%'r combines uniform covenants far national use and non-uniform covenants with Junited odariatmns by jinsdiction to cAmustute a uniform security instrument covenng teal property MINAM—SM& F8M.A'J-1FWAjFKMC UMOM tsts<ttturcKt fori► 3028 112-fall toe"