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<br />[Space Above This Une For Recording D~tal
<br />
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<br />
<br />THIS DEED <?F TRUST ("Security Instrument") is made on Dec!:lmb~r 2" ,~
<br />.' 19 87' The trustor IS Jeffrey W, Kelly and Nancy S. Kelly, Husbana and Wlfe------------ ~
<br />: ~;)C ~ ------------------------------- ("Borrower"), The trustee is Arend R. Baack, Attorney-----
<br />
<br />:!~~~ H~~~-F~~~;~~-~~:i~~;-~~~-~~;~-~;~~~i;~i~~-~;-~;;~~-i;~~~~----,~~~~~~:::~n~:e:~::~:~~n~
<br />
<br />: "'" ~ under the laws of Nebraska , and whose address is 221 South Locust
<br />. ~J) Grand Island, Nebraska 68801 ("Lender").
<br />, <0 ~ Borrower owes Lender the principal sum of Thirty Thousand and nO/100.-----:---:--------------,-
<br />t~t --------------------------- Dollars (U.S. $ 30,000.00 ). ThIs debt IS eVIdenced by Borrower snote
<br />dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, ifnot
<br />paid earlier, due and payable on December 25, 1 997
<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 />
<br />~ ~ located in Hall County, Nebraska:
<br />
<br />
<br />~ The North Sixty-Five (65) Feet of Lot Two (2) and the South Ninety-Five (95)
<br />~
<br />.~
<br />
<br />DEED OF TRUST
<br />
<br />Feet of Lot three (3), in block Four (4), Replat of Riverside Acres, an addition
<br />
<br />to the City of Grand Island, Hall County, Nebraska.
<br />
<br />which has the address of
<br />
<br />2715 Apache
<br />[Streetl
<br />("Property Address");
<br />
<br />Grand Island
<br />[City]
<br />
<br />Nebraska
<br />
<br />[P.J3~WI
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, .rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a part ofthe property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property."
<br />
<br />BollkOWERCOVENANTS that Borrower is lawfully seised oftbe estate bereby 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 tbe Property against all claims and demands, subject to any encumbrances of record.
<br />
<br />TI-I13 SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />lhnited variations by jurisdiction to conslitute a uniform security instrument covering real property.
<br />
<br />NEBRASKA-slock! familv-FNMA/FHLMC UNtFOftM INSTRUMlNT
<br />
<br />I'orm 30211 t:l/1l3
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