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<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 23
<br />19 B8 ,Thetrustoris Steven J. Usasz and Judith A. Usasz, Husband and Wife
<br />-------------------------------- ("Borrower"). The trustee is Arend R. Baack, Attorney
<br />at law __n__________________________________________________ ("Trustee"). Thebeneliciary is
<br />Home Federal Savings and Loan Association -------------------, which isorganizedand~xisting
<br />under the laws of Nebraska , and whose address is 221 South Locust
<br />Grand Island, Nebraska ("Lender"),
<br />Borrowerowesundertheprincipa(sumof Twenty Five Thousand and no/100---------------------
<br />u____u_____________________ Dollars (U.S. S 25,000.00 ). 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 April 1, 2018
<br />This Security Instrument secures to under: (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 />Lot Seven (7) and the Southerly Seven (7) Feet of Lot Five (5), Block Four (4),
<br />in University Place, an Addition to the City of Grand Island. Hall County, Nebraska
<br />
<br />.. -",
<br />
<br />which has the address of
<br />
<br />Nebraska
<br />
<br />68803
<br />(Zip Code)
<br />
<br />2424 North Sheridan
<br />[Strllet]
<br />("Property Address");
<br />
<br />Grand Island
<br />(CIIy]
<br />
<br />"1
<br />
<br />"
<br />
<br />'W
<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 ripts and profits, w.ater rights and stock and all 'btufes now or
<br />hereafter a part ofthc property_ All replacements and additions shall also be covered by this Security Instrument. All ofthe
<br />forqoinl is referred toin this Security Instrument as the "Property,"
<br />
<br />BoItItOWER CoVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the righlto grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of r~ord. llorrower warrants
<br />and willdefcnd Imerally the title to the Property apinst aU claims and demands, subject to any encumbrances of record,
<br />
<br />THtS SECURtTY INSTRUMENT combines uniform covenants for national use and oon-unifor11l covenant!> with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />
<br />NEBRASkA-Sinllt r Imily-fNMAI f"lMC u""OttM t",'''UMl"'
<br />t~l~ l_* ,,,,,,,,.
<br />"01'1'\ ,''&
<br />
<br />form JOn 12/111
<br />
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