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<br />88,,-.~ 1'01226
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<br />[Space Above This Line For Recording Data]
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 8
<br />19 88,Thetrustoris Dennis P. Meier and Diane C. Meier, Husband and Wife
<br />------------------------------- ("Borrower"), The trustee is Arend R. Baack, Attorney
<br />at Law---- -- -- -- - - -- - -- -- - -- -- - - -- - - --- ------- -- - --- ---- - -- --- ("Trustee"). The beneficiary is
<br />Home Federal Savings and Loan Association -------------------,whichisorganizedandexisting
<br />under the laws of Nebraska , and whose address is 221 South Locust,
<br />Grand Island, Nebraska 68801 ("Lender").
<br />Borrower owes Lender the principaI sum of Fifty Seven Thousand Six Hundred and no/1oo---------
<br />------------------------- Dollars (U.S. $ 57,600.00 ). 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 Apr il 1, 201 8
<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 agre~rnents. 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 />A tract of land located in the southwest Quarter (swi) of Section T wel ve (12),
<br />township Twelve (12) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska,
<br />being more particularly described as follows: Beginning at the Southeast corner of the
<br />Southwest Quarter (swi ) of said Section T wel ve ( 12 ) ; thence North along the East line
<br />of said Southwest Quarter (swi) a distance of Three Hundred Forty Six (346.00) Feet; thence
<br />West along a line Three Hundred Forty six (346.00) Feet North of and parallel to the South
<br />line of said Southwest Quarter (swi) a distance of Two Hundred Nine (209.00) Feet; thence
<br />South along a line Two Hundred Nine (209.00) Feet west of and parallel to the East line
<br />of said Southwest Quarter (swi) a distance of Three Hundred forty Six (346.00) Feet to
<br />the South line of said Southwest Q11;:\rt.er (swi); thence East along the South line of sa~ rj
<br />Southwest Quarter (swi) a distance of 209.00 Feet to the point of beginning. Containing
<br />1.660 acres more or less, including 0.192 acres of 40 Feet dedicated road right-of-way
<br />along the South side thereof.
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<br />which has the address of
<br />
<br />Route # 1, Box 273
<br />[Street]
<br />
<br />Grand ldsland
<br />[C,ty]
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<br />Nebraska
<br />
<br />68801
<br />
<br />("Property Address");
<br />
<br />[Zip Code]
<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, 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 />
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<br />
<br />NEBRASKA-Single F amily-fNMA I FHlMC UNIFOIlM INSTRUMENT
<br />
<br />, "'.'Il.:I.' t..... rllnn,'.
<br />'flflh lQl~
<br />
<br />Form 3028 ~2/83
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