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<br />[Space Above This line For Recording Data I
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on
<br />
<br />December 16
<br />
<br />and Wife------
<br />Arend R. Baack Attorney .
<br />("Trustee"). The beneficiary IS
<br />
<br />!-lome' Federal Savings and Loan Association of Grand Island , which is organized and existing
<br />under the laws of . Nebraska ,and whose address is 221 South Locust
<br />Grand Island, Nebraska 68801 ("Lender").
<br />Borrower owes Lender the principal sum of One Hundred Sixty Thousand and no/1oo--------------
<br />______________,.._------------ Dollars (U.S. $ 160 000.00 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ("Note"), which provides for monthly payments. with the full debt, if not
<br />paid earlier, due and payable on December 1 6 1 994
<br />ThiS Security Instrument secures to Lender: (a) the re'payment 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 />Lot Two (2) in block Two (2) in Brentwood Subdivision in the City of Grand Island,
<br />
<br />Hall County, Nebraska.
<br />
<br />which bas the address of
<br />
<br />3143 Woodridge Blvd
<br />1Streel)
<br />
<br />Grand Island
<br />[Clly]
<br />
<br />Nebraska
<br />
<br />("Property Address");
<br />
<br />68801
<br />[Zip Code]
<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 of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />forqoing is referred to in this Security Instrument as the "Property."
<br />
<br />BoRROWER COVENANTS that Borrower is lawfully seised of the estate hereby 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 wiU defend generally the title to the Property against all claims and demands. subject to any encumbrances of record.
<br />
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />
<br />NEBRASKA-SIngle FlImily-fNMA'fHLMC UNIfOttM INSTRUMENT
<br />
<br />form 3028 12183
<br />
<br />'ir,Ir!.f\Ci,.,1 L'ft I!'()(ftt,.
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