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<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on F Rbruary 24
<br />19 88, Thetrustoris Roger B. Jensen and Jeanette K. Jensen, Husband and Wife
<br />,.._,..,..,..,.._,..____..,,.._______,.._,.._,..,.._,..,..,....,_ ("lkirrower"). The trustee is Arend, 'R. Baack, ','Attorney: at
<br />Law, _____,..-"_'--"_-:__,....,______,..,.. ..,,..,..,..,....,,..,..,..,..,..,..,..,..__,....,,.. _,..,..,..__ ,.._- _____ ("Trustee"). The beneficiary is
<br />Home Federal Savings and Loan Association -------------------, which is organized and existing
<br />under the laws of Nebraska J and whose address is ZZ1 South Locust,
<br />Grand Island, Nebraska __________________________________________________ ("Lender").
<br />BorrowerowesLendertheprincipalsumof Twenty Two Thousand, Five Hundred and noj1Oo-------
<br />__________________;.._________ Dollars (U.S. $ 22,500.00 ). 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 September 1, 1 993
<br />This Security Instrument sa:ures 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 S'lms, 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 />Lot 118, in Buenavista Subdivision. Hall County, Nebraska.
<br />
<br />which has the address of
<br />
<br />1116 South Vine
<br />[Street]
<br />
<br />Grand Island
<br />ICily]
<br />
<br />Nebraska
<br />
<br />("Property Address");
<br />
<br />68801
<br />[Zip Code]
<br />
<br />TOOETHER 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 ofthe 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 />NE8RASKA-Slnll~ ramlly-fNMA/FHlMC UNIFORM INSTRUMENT
<br />
<br />form 30211 12 / 83
<br />
<br />F"lnanelaltaw Form,'.
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