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<br />88-100027 <br /> <br />r <br /> <br />[Space Above This Line For Recording Data] <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST ("Security Instrument") is made on Decembe r 31 <br />1987 ,Thetrustoris KEVIN T. 0' CONNOR AND DIANE K. 0' CONNOR HUSBAND AND WIFE <br />("Borrower"), The trustee is <br />NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION <br />NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION <br />under the laws of THE UNITED STATES OF AMERICA ,andwhoseaddressis <br />202 WEST THIRD STREET, GRAND ISLAND, NEBRASKA 68801 ("Lender"). <br />Borrower owes Lender the principal sum of SIXTY FOUR THOUSAND EIGHT HUNDRED AND 00/100---------- <br />---------------------- ------Dollars (U,S. $ 64,800.00 ). 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 JANUARY 01, 2018 <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 />("Trustee"), The beneficiary is <br />, which is organized and existing <br /> <br />of land comprising a ,part of the Northeast Quarter of the Southeast <br />(UEl/4SE1/4) of Se t 0 (1) <br />c :Lon ne '. Township Twelve (12) North, Range <br />(12) l~est of the 6th P l-I 1 b <br />. ., J.n Ha 1 County, Ne raska more <br />particularly described as follows: ' <br /> <br />Beginning at the N~rtheast corner of said Southeast Quarter (SEl/4)' thenc <br />westerly along the north line of said Southeast Quarter (SEl/4) ~. t e <br />of Six Hundred ~lev dE' h ' a J.S ance <br />L en an J.g ty Seven Hundredths (611 87) feet to th <br />northeasterly right-of-way Ii f Hi h " e <br />1270 26' 30" . ne 0 g way No. 11; thence deflecting left <br />. .and runnJ.ng southeasterly along said right-of-wa line a <br />dJ.stance of E:Lghty One and Ninety Five Hundredths (81.95) feet, t; a oint <br />;f9~~r;:ture; thence southeasterly along the arc of a curve whose radi~s is <br />, . f e,e t (t he Ion g c h 0 r d 0 f w h i c h de f 1 e c t sri g h t 030 19' 20" fro m the <br />~~s~ des~rJ.bed course), a long chord distance of Three Hundred Forty and <br />J.g ty FJ.ve Hundredths (340.85) feet; thence deflecting left 890' 42' 30" <br />from the long chord of the last described curve and running northeasterl a <br />:;:~a:ce of four hundred f~rty four and thirty eight hundredths (444.r8) <br />1 _0 the east line of saJ.d Southeast Quarter (SEl/4)' thence northerly <br />a ong the east line of said Southeast Quarter (SEl/4) - 'd' t f' <br />Nine and Sixty Four Hundredths (99.64) feet to the Plac"e o:LfS banc.e ~ N J.nety <br />egJ.nnJ.ng. <br /> <br />A trac t <br />Quarter <br />'i'welve <br /> <br />i <br />\ <br />t <br />1\ <br />l' <br />:.~ <br />J <br />\l <br />'i' <br />ll; <br />I <br />~......j. <br />1 <br /> <br />THIS IS A PURCHASE MONEY DEED OF TRUST <br />which has the address of BOX 108 A CAI RO <br /> <br />[Street] <br /> <br />ICity] <br /> <br />Nebraska <br /> <br />68824 <br />[Zip Code I <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, waler 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 />foregoing 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 tbe Property and tbat tbe Property is unencumbered. except for encumbrances of record. Borrower warrants <br />and will defend generally tbe title to tbe 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 />iimited variations by jurisdiction to constitute a uniform security instrument covering real property. <br /> <br />("Property Address"); <br /> <br />..--- <br />I <br /> <br />L <br /> <br />,j <br /> <br />/ <br />h <br /> <br />I <br />, <br />I <br />" ' <br /> <br />NEBRASKA-Single Family-fNMA/FHLMC UNifORM INSTRUMENT <br /> <br />NIS 1164NE <br />form 3028 12/83 <br /> <br />Flnllnclalllil'H forms'. <br />Form 191!) <br />