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<br />
<br />t~ THIS DEED OF TRUST ("Security Instrument") is made on May 17,
<br />~ 19 88 . The trustor is John C. Hansen and Stephanie L. Hansen,
<br />~ Husband and Wife ("Borrower"). The trustee is AREND R. BAACK, .ucmey ("Trustee").
<br />f.. 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 address is 221 South Locua, Grind 11I8nd, Nebraska
<br />'" r 68801 ("Lfl!lder"l.
<br />~~ Borrower owes Lender the principal sum of Thirteen Thousand Six Hundred Twenty-Six and 25/100 -
<br />~ ~ --------------------------- Dollars(U.S.S 13,626.25 ). This debt iscvidencedby Borrower'snolC
<br />\'\. "'-~ted the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not
<br />,\.. '" Q, paid earlier, due and payable on June 1, 2000
<br />~ ~,\This Security Instrument secures to Lender: <a) the repayment of the debt evidenced by the Note, with interest, and all
<br />\I 'I::l 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 />DEED OF TRUST
<br />
<br />C)Jo
<br />&
<br />~
<br />
<br />~
<br />~
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<br />
<br />LOT EIGHT (8) AND THE EASTERLY TEN (10) FEET OF LOT SEVEN (7), (THE WESTERLY
<br />LINE OF SAID TEN FEET OF SAID LOT SEVEN (7) BEING PARALLEL TO THE LOT LINE BETWEEN
<br />SAID LOTS SEVEN (7) AND EIGHT (8)), IN BLOCK TWO (2), OF SECOND ADDITION TO
<br />HOLCOMB'S HIGHWAY HOMES SUBDIVISION, A SUBDIVISION IN THE NORTHEAST QUARTER OF
<br />THE NORTHEAST QUARTER (NEkN[k) OF SECTION TWENTY-EIGHT (28), TOWNSHIP ELEVEN
<br />(11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br />
<br />[Street]
<br />
<br />Grand Island
<br />(City]
<br />
<br />which harl the address of
<br />
<br />21.35 Brahma
<br />
<br />Nebruka
<br />
<br />68801
<br />
<br />("Property Address");
<br />
<br />L
<br />
<br />(Zip CDCIe)
<br />
<br />TOOETHER 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 pIlrt ofthe property. All replacements and additions shall also be covered by this Security lnstrument. All ofthe
<br />foregoing is refr.rred to in this Security Instrument as. the "Property."
<br />
<br />BoRROWER COVENANTS that Borrower is lawfully 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 of record. Borrower warrants
<br />and will defend generally the litle to the Property against all claims and rlemands, subject 10 any encumbrances of record,
<br />
<br />THIS SECURITY INSTRUMENT combines unifonn covenanls for national use and non-unifonn covenants with
<br />limited variations by jurisdiction to constitute a unifonn security instrument covering real property,
<br />
<br />NEBRASKA-Slnlll hmlly-fNMA/FHUIC UNIFORM INSTRUMENT
<br />
<br />Fo,m 3021 12/113
<br />
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