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<br />~ '\. ~ THIS DEED OF TRUST I"Security Instrument") is made on May 25
<br />~ ~\ 1988 .Thetrustoris Kevin J. Willey and Cynthia A. Willey, Husband and Wife
<br />~ (', f ("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 whoae address la 221 South Locuat, GI1I11d IlIand, NebrUkII
<br />f. ;-,~ AI01 '''Lender").
<br />~ t Borro1l'erowcS LenderthepriD(;ipal sum of Four Thousand Four Hundred Twenty-One and 75/100 ----
<br />t" . "u---u--u------------------Dollars(U.S.S 4,421.75 ), This debt is evidenced by Borrower'snole
<br />? {.( 'lIaled the same date as lhis Security Instrument (UNote"), which provides for monthly payments. with the full debt. if not
<br />" ~dcarlicr.ducandp&yableon May 25, 1992
<br />, ...j This Security ID5trumenl scc:urcs to Lender: (a) the repayment of the debl evidenced by lhe Note, with intCfCSt, and all
<br />\l \..:fCllewab. elucnsions and modifications; (b) the paymenl of all other SUlll5, with interesl. advanced under paragraph 7 to
<br />~.); prolCl:t tbe scc:urit!' oHms Securily ID5trument; and (c) the pcrfonnanl:C of Borrower's covenants and agreements, For this
<br />.; t:., purpose, Borrower irrevocably grants and conveys to Trustee. in trust. with power of sale. the following described propcny
<br />
<br />~ located in Hall County, Nebraska:
<br />
<br />DEED OF TRUST
<br />
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<br />\" LOT EIGHTEEN (18), BLOCK TWO (2), UNIVERSITY PLACE, AN ADDITION TO THE CITv OF
<br />\J GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />\
<br />
<br />whic:b lw the Ilddrca of
<br />
<br />2520 W. Cottage
<br />[Strwtl
<br />
<br />Grand Island.
<br />IC'tyj
<br />
<br />Nebnska
<br />
<br />68803
<br />(ZiD c-I
<br />
<br />TOOE1lfER Wrnt all the improvements now or hereafter erected on the property. and all casements, riglllS,
<br />appurtenances, rents, royalties. mineral. oil and ps rights and profits, water rilbls and stock and all fixtures now or
<br />hereafIcr a part of the property. All replacements and additions shall also be covered by this Securily Inslrument. All of the
<br />forepnl il referred to in tho Security InstrumenlllS lhe "Propcny."
<br />
<br />Bot.AOWER COVENANTS tbat Borrower is lawfully seised of the eslate hereby conveyed and has the right to grant
<br />and convey the property and that the Property is unencumbered, eacept for encumbrances of recortl, Borrower wal1'llnlS
<br />and will defCtlcl acncraJ1y the title to the Property apinJt all claims and demands. subject to any encumbrances of record,
<br />
<br />THIs SECURITY INSTIIUIoIENT combint.s uniform covenants for nalion.1 use and non-uniform cov~nants with
<br />limited variations by jurisdiction to conslilule a uniform ICICUrity instrument covering real property.
<br />
<br />("Property Address");
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