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<br />
<br />DEED OF TRUST
<br />
<br />t
<br />\~
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on April 20,
<br />19 88 . The trustor is Robert L. Vokoun and J olene K. Vokoun I Husband and Wife ( )
<br />("Borrower"). The trustee is AREND R, BAACK, attorney "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, and whose ilddressis 221 South Locust, Grand IGllnd, Nebralka
<br />Il101 ("Lender"'. .
<br />Borrower owes Lender the principal sum of Sixteen Thousand Six Hundred T went y One and 50/1 00 _ __
<br />_____n__n________.__________ Dollars (U.S. $ 16 621.50 '). This debt is evidenced by Borrower's llote
<br />dated the same date as this Security Instrument ("Note"), whi~h provides for monthly payments, with the full debt, ifnot
<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 of sale, the following described property
<br />
<br />located in Hall County, Nebraska:
<br />
<br />THE SOUTHERLY FIVE (5) FEET OF LOT SEVEN (7) AND ALL OF LOT NINE (9) AND
<br />THE NORTHERLY TWENTY-FOUR (24) FEET OF LOT ELEVEN (11), ALL IN BLOCK THREE
<br />(3). IN UNIVERSITY PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />
<br />Nebraska
<br />
<br />68803
<br />[Zip CocM]
<br />
<br />. ~OOETHER WITit all tbe improvements now or bereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royAltics.lilinenJ,oil and ps rish~ and profits, water rights and stock and all fixtures now or
<br />herafter. put of the property. All replacements and additions sull also be covered by this Security Instrument. All of the
<br />foreaoiJllil referred to in this Security Instrument as the "Property."
<br />
<br />BoItI.OWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />aadCODYey the Property and that the Property is unencumbl.~red, except for encumbran~ of record. Borrower warrants
<br />aad .w def'encl pnerally the title to the Propcny apinst all claims and demands, subject 10 any encumbrances of record.
<br />
<br />'tHIS. SECURITY INSTRUMENT combines unifonn 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 />2420 N. Sherman
<br />[SWetl
<br />
<br />("Property Address");
<br />
<br />Grand Island
<br />(City]
<br />
<br />whjch has tbe address of
<br />
<br />.MAllA-S1"... ftmll~-fNMA/'HLMC UNIfORM IHlTItUMENT
<br />'~1aI ~ 'om>." 1 \; \ ....1
<br />,_ l'~'
<br />
<br />form 3021 12/13
<br />
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