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DEED OF TRUST STATE OF NEBRASKA _ THIS DEED OF TRUST ( "Security In9mment ") is made on The tmdw is The beneficiary is 90- 107229 =- MA CASE NO. 321 - 1441690 703b December 14 .19 3o Steven Scott Stauffer and Jodi Lynn Stauffer, Husband and % iorrower"). Commercial Federal Bank, a Federal Savings Bank Hm.w Fedaral Savings and Loan Association of Grand Island which is organized and existing under the laws of Nebraska and whose addles is 221 South Locust, Grand Island, Nebraska 68801 (''Trustee"). ( "Lender "). Borrower owes Lender the principal sum of Thirty Seven Thousand Five Hundred and no/ 100---------------- ---- ---------------). Dollars(U.S. $ 37,500.00 This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt. if not paid earlier, due and payable on January 1, 2021 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest. and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in Hall County, Nebraska: The East Half (E 1/2) of Lots Fourteen (14) and Sixteen (16) in Block Twelve (12) in College Addition to West Lawn, in the City of Grand Island, Hall County, which has the addTcv;of 2016 West Forrest I tit rear 1 Grand Island I(llsl Nebraska E9803 t "Property Address "); I /ICl .•Jl'I TOGETHER WITH all the improvement, now or hereatter erected on the property, and all easemems. rights. appurtenances. rents. royalties, mineral, oil and gas rlghrs and profits, cater right% and stock and all fixtures now ar hereafter a part of the property. All replacements and addirrons ,hall also he covered by this Security Instrument. All of the foregoing i< referred to in this Secuntc Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grmw 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. FHA NFAAASKA 11FLD(A IRIUr F.x 6619I2R14I T.11 .wM1r rw.I.r I +u 6 I.—t INn W.•.+••• 1...N 1. I %IM11I i'••I ION 111, Mal 1•.K.%l t t\\ I•. I., i•. 11111 IF 1 1Ml1,r s� 1' '