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<br />[Space Above This Line Fo, Recording Dala)
<br />
<br />~
<br />
<br />DEED OF TRUST
<br />
<br />~-
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 24
<br />19 88. The trustor is Bette A. Brown. a single person --------------------------
<br />------ ------ ----- --------- - - -- ("Borrower"). The trustee is Arend R. Baack, Attorney
<br />at Law - -- - --- - - - --- --- -- ------- - - - - - - - - --- - - - - ------ - __ _ - _ _ ("Trustee"), The beneficiary is
<br />Home Federal Savings and loan As~ociation------------------- ,whichisorganizedandexisting
<br />underthelaws of Nebraska ,and whose address is 221 South Locust
<br />Grand Island, Nebraska ("Lender").
<br />Borrower OWe'S Lender the principal sum of seven Thousand One Hurdred Twenty and 75/100--------
<br />---------------------------- Dollars (V,S, $ 7,120.75 ), This debt is evidenced by Borrower's nOle
<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 March 30, 1 995
<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 10
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements, For this
<br />purpose, Dorrower irrevocably grants and conveys to Trustee, in trust, with polVer of sale, the following described property
<br />
<br />located in Hall County, Nebraska:
<br />
<br />\'~
<br />
<br />Fractional Lot Ten (10), in fractional Block Twenty-Five (25). in charles Wasmer's
<br />Addi tion to the City of Grand Island, and in Wasrrer '5 Annex to First Addition,
<br />and its complements, Fractional Lot Eight (8), in fractional Block One Hundred
<br />thirty-Four (134). in Koenig and Wiebe's Addition to the City of Grand Island,
<br />fractional Lot Ten (10), in Fractional Block twenty-five (25), in Wiese's addition
<br />to the City of Grand Island, and part of fractional Lot Nipe (9), in said fractional
<br />bloc~ Twenty-five (25), in Charles Wasmer's addition to the City of Grand Island,
<br />ar,j in Wasmer's Annex toFirst Addition; and also the easterly one-half (E~)
<br />(apprOXimately 26 feet) of that fractional part of Lot Nine (9). in Fractional
<br />block Twenty-five (25), of Charles Wasmer's Addition to the City of Grand Island,
<br />which with its complements. viz: Fractional Lot Nine (9) of Wasmer's Annex, and
<br />Lot Nine (9), in Fractional Block Twenty-five (25) of Wiese's addition to the
<br />City of Grand Island, together form one Lot 52 feet by 132 feet; all additions
<br />being to the city of Grand Is13nd, Nebraska.
<br />
<br />which has the address of
<br />
<br />1204 west Charles
<br />[SI,eet)
<br />
<br />Grand Island,
<br />[Clly]
<br />
<br />.--
<br />
<br />Nebraska
<br />
<br />68801
<br />IZ,p COde)
<br />
<br />("Property Address");
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the properly. and all easements, rights,
<br />appurtenances. rents. royalties, mineral, oil and gas rights and profils, 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 Securily 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 nght to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of fl.."Cord, Borrower warrants
<br />and will defend generall)' the title to the Property againsl all claims and demands. subJect 10 any encumbrance.~ of record.
<br />
<br />Tms SECURITY INSTRUMENT combines uniform covenants for nallonal use and non-umfoTln covenants wilh
<br />limited variatlOn\ by jurisdiction to constllute a uniform security mslrum(1l1 co\"cnn~ real propell~'
<br />
<br />r'
<br />\,.
<br />
<br />NEBRASI(A-s'"RI~ f .mll,~FNMAlfliLMC UNIFORM INSTRUM(NT
<br />
<br />form 3028 12/83
<br />
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