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<br />THIS DEED OF TRUST ("Security Instrument") is made on May 20 <br />19 88.Thetrustoris E. Glenn Johnson and Sharon L. Johnson, 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 address is 221 South Locust, Grand Island, Nebralka <br />68801 ("Lender"). <br />Borrower oweS Lender the principal sum of Sixteen Thousand' One Hundred and no/1oo--------- <br />________________~_________ Dollars (U.S. $ 16,100. DO ). 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, ifnot <br />paid earlier, due and payable on May 1 5, 1 996 <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 /> .. <br /> ~C co <br /> co <br /> :::E: <br />v ".,,~ ~ <br />n f;. <br /> .\ <br />:':' (/ ~ <br />0 --.0 <br />.." ("' <br />0 f -c <br />'"11 <br />", <br />'::J ~ <br />Vl <br /> c:::> <br /> \.. <A.l <br /> <br />[5pKe Abov. Tltll Un. For Recordinl DIU) <br /> <br />DEED OF TRUST <br /> <br />p <br /> <br />:- <br /> <br />:. <br />. <br />en <br />-I <br />::a <br />:. <br />o <br />-I <br /> <br />o (J? n" <br />~::--i 00'1 <br />-- p ~~ c.~ ~.J CiC>> ro <br />~~~i~1 i <br /> <br />~ ~ ~r2!.. ~S~O," t-" ~ <br />r :::'1 ..., 9: <br />J- :l:;.. IV C <br />~~ -J ~ <br />-....2:: m a. <br />en W Z <br />en 5l~ <br />~ <br />C7 <br />~. <br /> <br /> <br />Original Town, now City of Grand Island, Hall County, Nebraska. <br /> <br />The Southerly One-Half (S 1/2) of Lot Eight (8), in Block eleven (11) in the <br /> <br />which has the address of <br /> <br />, Grand Islallrl <br />[l:ity] <br /> <br />Nebraska <br /> <br />504 west 6th <br />[Street] <br /> <br />("Property Address"); <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 gas rights and profits, water rights and stock and an fixtures now or <br />hereafter a part of the property. .11.11 replacements and additions shan also be covered by this Security Instrument. An of the <br />foregoing is referred 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 Propeny is unencumbered, except for encumbrances of record. Borrower warrants <br />and will defend generally the title to the Property against 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 vaoations by jurisdiction to constitute a uniform security instrument covering real property, <br /> <br />NEBRASKA-Single Famlly-fNMA/FHLMC UNIFORM INSTRUMENT <br /> <br />Financial La. Forms" <br />Form tIns <br /> <br />Form 3028 t2/83 <br />