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<br />[Sp.l~6 Abovl! This Unl! For Rl!cordinl! D.:Iu]
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<br />
<br />DEED OF TRUST
<br />
<br />~c7.~
<br />'Z
<br />
<br />:-
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made all, March 30
<br />1988 . The trustor is Roger L. Galusha and Ida Joy Galusha, Husband and Wife
<br />("Borrower"). The trustee is Arend R. Baack,
<br />A ttorney at Law ("Trustee"). The beneficiary is
<br />
<br />Home Federal Savings and Loan Association of Grand Island ,whichisorganizedandexisting
<br />under the laws of Nebraska . and whose address is 221 South Locust,
<br />P.O. Box 1009 Grand Island, Nebraska 68802 ("Lender").
<br />Borrower owes Lenderthe principal sum of Thirteen Thousand Six Hundred Fifty and 39/100------
<br />________________u___________ Dollars (U.S. $ 13 650.39 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ("Note"), whi~h provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on
<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 agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power ofsalc. the following described property
<br />
<br />located in Hall County. Nebraska:
<br />
<br />A TRACT OF LAND LOCATED IN THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER (Nwkswk)
<br />OF SECTION THIRTEEN (13), TOWNSHIP ELEVEN (11), NORTH, RANGE NINE (9) WEST OF
<br />THE 6TH P.M., DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SECTION
<br />THIRTEEN (13), THENCE NORTHERLY 01\) THE WEST SECTION LINE OF SECTION THIRTEEN (13)
<br />FIFTEEN HUNDRED EIGHTY ONE (1581.0) FEET TO A POINT; THENCE EASTERLY, AT RIGHT
<br />ANGLE TO THE SECTION LINE, THIRTY-THREE (33.0) FEET TO THE POINT OF BEGINNING;
<br />THENCE EASTERLY ON TANGENT, ONE HUNDRED (100.0) FEET; THENCE NORTHERLY PARALLEL
<br />TO THE WEST SECTION LINE OF SECTION THIRTEEN (13), ONE HUNDRED FORTY (140.0) FEET;
<br />THENCE WESTERLY AT A RIGHT ANGLE, ONE HUNDRED (100.0) FEET; THENCE SOUTHERLY,
<br />PARALLEL TO THE WEST SECTION LINE OF SECTION THIRTEEN (13), ONE HUNDRED FORTY
<br />(140.0) FEET TO THE POINT OF BEGINNING (AND CONTAINING 0.32 ACRE, MORE OR LESS).
<br />
<br />which has the address of
<br />
<br />577 S. Shady Bend Road
<br />[Street)
<br />
<br />Grand Island
<br />[C,ty)
<br />
<br />Nebraska
<br />
<br />888D1
<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 oftbe property" All replacements and additions shall also be covered by this Security Instrument. All of the
<br />forejoing is referred to in this Security Instrument as the "Property."
<br />
<br />BoRROWER COVENANTS that Borrower is hlwfully 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 Df 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 />"flUS SECURITY INSTRUMENT combines uniform covenants for national use and non.uniform covcnants with
<br />limited variations by jurisdiction to constitute 8 uniform security instrument covering rcal property
<br />
<br />"EBRAS~A-Sinalf Family-..fNMA/fHLMC UNifORM INSTRUMENT
<br />
<br />f\lIS l1f,4N[
<br />Form 3018 11/83
<br />
<br />n".r\ti.all..,.. r-c~ml'"
<br />'()fro li1!,.
<br />
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