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<br />. ~~~ THffi DEED OF TRUST ("S.mity In,::.~t~, :: "~R ~:: 15
<br />
<br />
<br />\"" X 1988 .Thetrustorie Edwin J. Bills and Carolyn L. Bills, Husband and Wife
<br />~ ("Borrower"). The trustee is AREND R. BAACK, aUomey ("Trustee").
<br />,) The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is
<br />~~ organized and existing under the laws of NEBRASKA, nnd whose address is 221 South LOCUllt, Grand Island, Nebraska
<br />~ ~ 68801 ("Lender"l. .
<br />\, ~ ~ Borrower owes Lender the principal sum of Flve Thousand and 00/100 ----------------------------
<br />"" ~ ~ --------------------------- Dollars (U.S. $ 5,000.00 ). This debt is evidenced by Borrower's note
<br />, ~ ~ r dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not
<br />l ' paid earlier, due and payable on
<br />,.0. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />'~renewa1s, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />~..~ ~ ~rotect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />"-!'urpose. 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 />~
<br />~
<br />~
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<br />
<br />LOT THREE (3) IN LAKE DAVIS ACRES THIRD SUBDIVISION, IN HALL COUNTY,
<br />NEBRASKA.
<br />
<br />~
<br />
<br />which has the address of
<br />
<br />4620 Deva
<br />
<br />Grand Island
<br />ICily]
<br />
<br />Nebraska
<br />
<br />Drive
<br />[Stn.et)
<br />("Property Address");
<br />
<br />L
<br />
<br />68801
<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 gl.ll rights and profits, water rights and stock and all fixtures now or
<br />hereafter. part ohhe property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />forqoinlis referred to in this Security Instrument as the "Property."
<br />
<br />BoIUlOWER COVENANTS that Borrower is lawfully seised ofthe estate hereby ::onveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend seneraUy the title to the Property aBainst all claims and demands, subject to any encumbrances of record.
<br />
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non. uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />
<br />NEBRASKA-Sin", famil~-f'N"A/'HU'C UNIFORM INSTRUMENT
<br />
<br />form 3Q2I 1 ~ (83
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