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<br />[Space Above This Une For Recordina Data]
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on January 18,
<br />19 88 ,Thetrustoris Roger D. Anderson and Melodee A. Anderson, Husband Wife
<br />("Borrower"), The trustee is Arend R. Baack, Attorney
<br />at Law ("Trustee"). The beneficiary is
<br />
<br />Home 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 />P.O. Box 1009 Grand Island, Nebraska 6BB02 ("Lender").
<br />BorrowerowesLendertheprincipalsumof Thirty Six Thousand One Hundred Seventy Five and
<br />28/100 nnnn--;n--nn---BeUars(U.S. S 36,175.28 ). 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 22, 1990
<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 />ALL OF LOT "B" AND NORTH 10 ACRES OF LOT "C" IN GARDEN SUBDIVISION OF
<br />LOT ONE (1) ON MAINLAND IN SECTION THIRTEEN (13), TOWNSHIP ELEVEN (11)
<br />NORTH, RANGE NINE (9) WEST OF THE 6TH P.M. HALL COUNTY, NEBRASKA.
<br />
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<br />which has the addrcu of
<br />
<br />3715 E. Seedling Mile
<br />[St_t]
<br />
<br />Grand Island
<br />[City]
<br />
<br />Nebraska
<br />
<br />("Property Address");
<br />
<br />u
<br />
<br />6B801
<br />[lip Code]
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, 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 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 Family-fNMA/FHLMC UNIFORM INSTRUMENT
<br />
<br />Form 3028 12183
<br />
<br />~ln.llcj., law FOtma'.
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