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<br />I ~~ THISDEEDOFTRUST (,~t~~':t,~~~~U~:UARY 8,
<br />
<br />'\. 1988, The trustor is I\IEIL N. NANNEN AND CAROL V. NANN EN , HUS8AND AND WIFE
<br />~ 0 . ("Borrower"). The trustee is AREND R. 8AACK,
<br />~ BTTORNEY AT LAW ("Trustee"), The beneficiary is
<br />"':\ HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLNAO ,whichisorganizedandexisting
<br />under the laws of NEBRASKA I and whose address is 221 SOUTH LOCUST,
<br />P.O. BOX 1009 GRAND ISLAND, NEBRASKA 6B802 ("Lender").
<br />Borrower owes Lendertheprincipalsum of SIXTEEN THOUSAND SEVEN HUNDRED SIXTY SIX AND 43/00 __
<br />,(J.......-----------------..,--------- Dollars(U.S,$ 16,766.43 ), 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
<br />l\l\ This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />~newals, 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 />(f)
<br />(f)
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<br />
<br />[Space 'Above This Une For Recordina Data]
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<br />
<br />LOT NINE (9) BLOCK FIVE (5) IN CLAUSSEN COUNTRY VIEW ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />which has the address of
<br />
<br />931 S. CLAUSSEN
<br />[Street)
<br />("Property Address");
<br />
<br />GRAND ISLAND
<br />[City)
<br />
<br />Nebraska 68801
<br />
<br />u
<br />
<br />[Zip Ct.de)
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and aU 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 />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 the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />. and will defend generally tbe 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-Slnllle family-fNMA/FHlMC UNIFORM INSTRUMENT
<br />
<br />form 3028 t2/83
<br />
<br />Flnanclall.w Form,'.
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