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<br />r- <br /> <br />~t- <br />~ ~. <br />~ "'~ <br />~ ~ <br />~ <br />"'- <br /> <br />~\(\ <br /> <br />", \ <br /> <br />.. <br />Cl:) <br />co <br /> <br />C) en <br />l:') ~ <br />:p. <br />.'-j 00 <br />--I fTl 00 <br /> <br />~~ ~ ~I ;~: l <br /> <br />.~ rJ1_- l".' <br /> <br />2~~ci.. I~~ <br /> <br />--.-P N <br />en . N <br />Ul <br /> <br />" <br /> <br />:x:a <br />-0 <br />= <br /> <br />'1 <br />.-J <br /> <br />(1. <br />~!,:\ <br />~ <br />t <br /> <br />:::> <br />." <br />:7 <br />Tl <br />-Tj <br />::.> <br />fJ <br /> <br />-0 <br />::r <br /> <br />r-v <br /> <br />l.Tl <br />1..0 <br /> <br />{Space! Above This Line Fot Recotding Dalal <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST ("Security Instrument") is made on March 28 <br />1988 .Thetrustoris Michael R. Culp and Janelle A, Culp, FKA Janelle A. Lemburg, <br />Husband and Wi f e ("Borrower"). The trustee is Arend R. Baack, <br />Attorney at Lalli ("Trustee"). The beneficiary is <br />Home Federal 5av ings 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 68802 ("Lender"). <br />BorfOwcrowesLendertheprincipalsumof Eight Thousand Two Hundred Thirty One and 63/100 ---- <br />____________________________Dollars (U.S. $ 8,231.63 ). This debt is evidenced by Borrower's note <br />dated the same date as this Security Instrument ("Notc"), which provides for monthly payments, with the full debt, if not <br />paid earlier, due and payable on Apr i 1 10, 1 993 <br />This Security Instrument secures to Lender: (a) the rcpayment of the debt evidenced by the Notc, with interest, and all <br />renewals, extensions and modifications; (b) the payment of all olher sums, with interest, advanced under paragraph 7 to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covcnants and agreements_ For this <br />purpose, Borrow~r irrevocably grants and convcys to Trustee, in trust, with power of sale, the folluwing described property <br /> <br />located in Hall County, Nebraska: <br /> <br />LOT THIRTY (30) AND THE NORTHERLY THIRTEEN (13) FEET OF LOT TWENTY-NINE (29), ALL IN <br />WEST HEIGHTS SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br /> <br />which has the address of <br /> <br />607 N, Sherman <br /> <br />Grand Island <br /> <br />(Streel) <br /> <br />{CltYI <br /> <br />68803 <br />(lIp Code) <br /> <br />TOGETHER WITH all the improvements now or hereafter en.'Cted on the property, and all easements, rights, <br />appurtenances, rents, royalties. mineral. oil and gas rights and profits, water fights and stock and all fixtures now or <br />hereafter a part of the propeny. All replacements and additions shall.lllso be covered by this Security Instrument All of the <br />foregoing is referred to in this Security Jnstrumentlis the "Property." <br /> <br />BoRROWER COVENANTS that Borrower is lawfully sei!>ed of the estate hereby conveycd and has the right to grant <br />and convey the Property and that the Property is unencumbered, e)(cept for encumbrances of record. Borrower warrants <br />IInd will deftnd generally the title to the Property against all claims and demands. subject to any encumbrances of record. <br /> <br />Nebraska <br /> <br />(""ropeny Address"); <br /> <br />TltIs SECURITY INSTRUMENT combines uniform covenants for national use and nOll-uniform covenanls with <br />limited variation.. by juri'ldiclion to constitute a uniform security instrument covering real propcrty <br /> <br />NEBRASI<A-,slI'RICl fllm,I~-FHMA/FHlMC UNIFORM INSTRUMENT <br /> <br />NIl; llti4NE <br />fOfm ]028 12/83 <br /> <br />r Jr,,""(:'.' l,l.,. , r,llff>.... <br />'0"' l~l"f <br /> <br />~ <br />I <br /> <br />It <br />o <br />8 <br />:3 <br />~ <br />~ <br /> <br />1 <br /> <br />z <br />() <br /> <br />~ <br /> <br />~ <br /> <br />~ <br /> <br />r' <br /> <br />" <br />~ <br />