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<br />(lipil~~ ^bIlY~ TI1i~ \.irw Fllr Rocorctirog Dilila)
<br />
<br />DEED OF TRUST
<br />
<br />%~
<br />~
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on r
<br />19 88 ,The trustor is Tommy I sIne.
<br />
<br />April 4
<br />
<br />("Borrower"). The trustee is Arend R. Baack, Attorney
<br />at law ("Trustee"). The beneficiary is
<br />Home Federal Savings and Loan Association ' which is organized and existing
<br />under the laws of Nebraska ' and whose address is 221 South Locust
<br />Grand Island NebraskQ 68801 ("Lender"),
<br />Borrower owes Lender the pnncipal sum of Sixty Thousand and no/l00----------------------
<br />---- ----- ---- - -- ---- -- -- -- Dollars (D.S, $ 60,000.00 ). 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 8,1991
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest. and aU
<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 ofsa)e, the following described property
<br />
<br />located in Hall County, Nebraska:
<br />
<br />Lot Fifty Nine (59) in Hagges' Subdivision in the City of
<br />
<br />Grand Island, Hall County, Nebraska, excepting a certain tract
<br />
<br />deeded to the City of Grand Island by Warranty Deed recorded
<br />
<br />in Document No. 85-002881.
<br />
<br />which has the address of
<br />
<br />2020 Riverside'Orive
<br />ISt~eel]
<br />
<br />Grand Island
<br />(CiIV)
<br />
<br />6BB01
<br />[lip 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 additionsshaU also be covered by this Security Instrument. All of the
<br />forcjoinl ineferred to in this Security Insirument as the "Property,"
<br />
<br />, BoRROWER COVENANTSthat80rrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and C(mveythe,Prop:rty and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and ..ill defend generally the title to. the Property against .11 claims imd demands, subject to any encumbrances of record.
<br />
<br />THIS, SECURITY INSTRUMENT combines uniform covenants for national use and nOl!-uniforrn covenants wilh
<br />limitect variations by jurisdiction to constitute a uniform security instrument covering rea} property,
<br />
<br />Nebraska
<br />
<br />("Property Address");
<br />
<br />NE8RASlA--sll\.Ie' Farnily-fNMA/fHlMC UNifORM 1""IWIIIE"'
<br />
<br />'lI'I~I.ll." I'eotm."
<br />F'''m! '.'6 '
<br />
<br />NIS 1164N[
<br />Form 3028 12/83
<br />
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