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<br />88-102268 <br /> <br />... <br /> <br />I.... .... 1lliI LiM For ........ 11m) <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST ("Se.!urity Instrument") it made on May 5 <br />19 88 . Tile truator is Gregory L. Olson and Laura K. Olson, Husband and Wi Fe <br />------____________________________ ("Borrower"), Th~, trustee is AREND R. BAACK,IIItomey ("Trultee"), <br />Tile beaeliclary II HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is <br />CII'pIIbed aDd exiItiDg UDder the laws of NIEllRA8KA, and whORl addre.. is 221 South LoculI, GIwnd ......., NebrI'IIIaI <br />Il101 ("Lender"'. <br />Borrower owes Leader the prillcipahum of Forty One Thousand Four Hundred and noj100----------- <br />------------------------- DoI1an(U.S. S 41,400.00 ). This debt is evidenced by BorTOwer's note <br />dated the same date.. this Security Instrument ("Note"), which provides ror monthly payments, with the ful) debt. irnot <br />paidearJier,dueaDdpayableon June 1, 2018 <br />This Security InauumeDt secures to Lender: (a) the repayment of the debt evidenced by the Note. with iIIterest. and all <br />renewal&, eIteIIsionI aod modifIcalions; (b) the payment of aU other SUD1ll. with interest, advarn;cd under parqraph 7 to <br />protect theJCCUrity oftbis Security Instrument; and (c) the performance of Borrower's COVClWlts aDd qrccments. For this <br />plII'JIOSe, Borrower irrevocably granll and COIlW)'l to Trustee, ill trust, with power of sale, the rouowins described property <br /> <br />located in Hall County. Nebraska: <br /> <br />Lot Fifteen (15), Castle Estates Subdivision, Hall County, Nebraska. <br /> <br />"THIS lOAN IS NOT ASSUMABLE WI":'::OUI' THE <br />APPROVAL OF THE VETERANS ADMINiSTRATION <br />OR ITS AUTHORIZED AGENr' <br /> <br />wbich.. die MdreaI ol <br /> <br />401e <br /> <br />R_I Drive <br />("Property Addresa"); <br /> <br />, Grand <br /> <br />Isla~J <br /> <br />68803 <br />llipCo*) <br /> <br />TOOEI1IEa WrrH aD the impnweme:nll now or haafter erected on the property, &lid aU easements. rilhlS, <br />app;uo.... J HtI; ftIltI, ro"aItieI, miDera1, oil aad 1M riabts aDd profib, _ter ri&hls aDd stock and all fllltures now or <br />hmder'aplit oldie property. All rep1tcements aDd additions sbalI abo be covered by this Security Instnmlcnt. All oflhe <br />ftIrepiq ill referred to ill this Security Instrument u tile "Property." <br /> <br />BouowEa COvENANTS that Borrower ill JawfulJy IeiIed ol the alate hereby conveyed and has the ri&ht to Irant <br />.... CCIIIW)' ... Property and that the Propeny is UDCDCUJllbered. eaceptfor encumbrances of record. Borrower wuranu <br />. .. wiD deraId ,P:neraUY the citJe to the I'raperty apinat aU claims and demanch. subject 10 any encumbrances ol record. <br /> <br />THIs SI!ctJan'Y ImTaUME.NT IXlInbiDs uniform covenanll for national use and non-unironn covenants with <br />liIIIited...ariatiaaI by jllfildiction to COftItituteo. uniform securily insllllment covennl real propeny, <br /> <br />NeInaIla <br /> <br />NlIIQIA 5inIIlI r~/f1IUIC ~ "1WUflI(N' <br /> <br />r_ 1021 lVU <br /> <br />'....... L8III F~~ <br />-- <br />