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I "\ 87- 107275 r [Space Above This Line For Reco,ding Data) DEED OF TRUST December 16 THIS DEED OF TRUST ("Security Instrument") is made on 19 87. Thetrustoris Michael K. Harris and Amy C. Harris, Husband and Wife __________________n__________ ("Borrower"). The trustee is Arend R. Baack, Attorney - --- --- - - ---------- - -- - -- - - - -- -- - --- --- ---- - - --- --- - - -- ---- -- ("Trustee"). The beneficiary is Home Federal Savings and Loan Assocaition of Grand Island ,which is organized and existing under the laws of Nebraska ,and whose address is 221 South Locust Grand Island, Nebraska 68801 ("Lender"). Borrower owes Lendertheprincipal sum of Fifty Nine Thousand, Two Hundred and no/10D-------- --------------------------- Dol1ars(U.S. S 59,200.00 ). This debt is evidenced by Borrower'snote dated the same date as this Security Instrument ("Note"), which provides for monthly payments. with the ful1 debt, if not paid earlier, due and payable on January 1, 2008 This Security Instrument secures to Lender: (a) the repayment of the debt e\'idenced by the Note. with interest. and all renewals, extensions and modifications; (b) the payment of all other sums. with interest. advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's co\'enants 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: .--",-,';) I ........1....'....'.'.'1..*. .f l l ......I';....~............:.... , \!;~-' t,~. Lot Thirteen (13), Block One (1), in LeHeights Subdivision being a part of the Northwest Quarter of the Northwest Quarter (~~k~~k) of Section Eleven (11), Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County Nebraska. which has the address of 4359 West Capital [Street) Grand Island (c.tyJ Nebraska 68803 (lop Code) TOGETHER WITH al1 the improvements now or hereafter erected on the property, and al1 easements, rights, appurtenances. rents, royalties, mineral, oil and gas rights and profits, water rights and stock and al1 fixtures now or hereafter a part ofthe property. AI1 replacements and additions shall also be covered by this Security Instrument All of the foregoing is referred to in this Security Instrument as the "Property." BoRROWER COVENANTS that Borrower is lawful1y 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 warrallls and will defend generally the title to the Property against al1 claims and demands, subject to any encumbrances of rccord. TillS SECURITY tNSTRUMENT combines uniform covenants for national use and non-uniform covenants wllh limited variations by Jurisdiclion to constitute a uniform security instrument covenng real properly ("Property Address"); L _-t- j .;t " ~ , .. .... NEBRASKA-Smilie f amlly-rNMA/fHlMC UNlrORM INSTRUMENT Form 3028 12183 rl".",;-,l \..,. '.Hmll.... '(\1m 'ii', _J