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tome saeas rats un rw ttwa v oast DEED OF TRUST TRIS DEED OF TRUST ( "Security Instrument") Is made on 26th of November tltl 90. The truetor is Lawrence R. Vedsted and Gertrude E. Vedsted ( husband and wife)r, 1 "Borrower "). The trustee is AREND R. SAACK, attomey l "Trustee" 9. I .; The bene6dary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATMIS OF GRAND ISLAND, NEBRASKA. which is and e: under the laws of NEBRASKA. and whoa: addresa is 221 South Locust, Grand Island. Itisbeaalts organized istiag GMI Lender"1. - Borrmer owes [ end er thepriwipal sum of seventeen Thousand and 00 /100 + Dollars (U.S. $ 17,000.00 ).This debt is evidenced by Borrower's note _• dated the same date as this Security Instrument ("NotCl w ich provides for monthly payments, with the thll deh if not paid ewlier. due and payable on December 1, ZUO This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all senewab. extension: and modifications; (b) the payment of all other sums, with interest. advanced wxkr paragraph 7 to - Protect the security of this SWA* Instru n; and (c) the parf ormancc of Borrowces covcnants and agreements. For thi: - -= - purpose, Borrower irrevocably Smuts and conveys to Trustee, in trust, with power of sale. the following described property loeatedin HALL County, Nebraska: The Easterl One -Half of the Westerly One -half of the North One Half (EiWol) of Block Ten (10) in Windolph's Addition to the City of Grand Island, Hall Countyp Nebraska. The rider to the Deed of Trust which is attached hereto and executed on the same day is herby incorporated into the mortgage. The rider shall amend and supplement the covenants and agreements of this mortgage as if the Rider was a part thereof. wbkbbathe add ressof 1115 West John Street Grand Island Isn«t) Icibl Nebraska 66801 ( "Property Address "); VIa conl awtstnetc nun ut Inc 1mprvvc11Aula nuw or nacancr craacu on inc yrupcny. gnu a $ cascma.aa, ngnta, appurtenances, rents, royalties. mineral, oil and gas ngh.ts and profits, water rights and stock and all fixtures now or hereafter apart of the property. All replacements and additions shall also be covered by this Security Instrument. Ail of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right 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. Tun SECURrry MsTRUMzNT combing uniform covenants for national use and non•umfotm covenants with limited vanatioos by jurisdiction to consuzute a uniform security instrument covering real property. NEBRASKA - stmt. Fan,lty- MMA /trtrawc tx WOtat RtsTRUMENT Ferm 3028 12/83 FI,yMIL Low Forms" F&M leis