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<br />~t <br />~~ <br /> <br /> .. <br />~~N = <br />co <br />c:... <br />c:::: <br />= <br />~ \ <br />0 II -.J <br />"'T'J 1'1' <br />'=' t~ \,~\ ""l:l <br />'T1 ~~ :::r <br />,." <br />'=' ...... <br />if> <br /> c..u <br /> { .d <br /> - <br /> <br />00 <br />g~ OC>>t <br />~~r:!~\ 1: <br />~~~I~ at <br />~ ~~: ...."7. ~i <br />'&'; W;I <br />~ r\.)~ <br />:l> r\.)- <br />-~- .r f <br /> <br />1__. _. TlIiI IJne For w-.InI -, <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST ("SecurIty Instrument") is made on June 13. <br />198B .Thetruatoris David L. Arnold and Marilyn 5. Arnold, Husband and Wife <br />("Borrower"'. The trustee is AREND R. BAACK, 8IIorMr ('"Trustee"). <br />The benefleiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIAnON OF GRAND ISLAND, NEBRASKA, which is <br />orpniRd and existing under the laws of NEBRASKA, and whoae addrelll is 221 South Locult, Grand 1aI8nd, NebnIIIlII <br />..., ("Lender"). <br />Borrower owes Lender the princ:ipal sum of Four Thousand One Hundred Ninety Nine and 97/100 <br />----------------------------- Do11ars(U.S. S 4,199.97 ). This debt iscvidcnccd by Borrower's note <br />dated the same dale IS this Security Instrument ("Note"), which provides for monthly payments, with the full debt., ifnot <br />paid earlier, due and payableOJi June 6, 1990 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, aDd all <br />rencwaIa, cxtcnIions and modifications; (b) the payment of all other sums, with intaat, advanced under parqraph 7 to <br />protcet the IeCUrity of this Security Instrument; and (c) the performance of Borrower's covenantland qreementa. For this <br />purpose. Borrower irrevocably pants and conveys to Trustee, in trust, with power ofsa1c, the foUoq described property <br /> <br />Iocatcd in Hall County, Nebraska: <br /> <br />LOT FOURTEEN (14), IN ANDERSON SUBDIVISION. IN THE CITY OF GRAND ISLAND. <br />HALL COUNTY, NEBRASKA. <br /> <br />wbic:hbathuddreuaf 1032 5, Plum <br /> <br />Gran/b.,~sland <br /> <br />[5_) <br /> <br />Nebnska <br /> <br />68801 <br />[ZIp CodII <br /> <br />("Property Addnss"); <br /> <br />TOOETHER Willi all the improvemenla now or hereafter eRlCtM on thc propeny, and all cucments, rights, <br />appurtenaIICCI. rents, royalties, mineral, oil and pi riahts and profits, water nahla and stock and alIlilltures now or <br />bcrcaftcr" put afthe property. All rcplac:ements and additions iha1I also be covered by this Security Instrument. All of the <br />forqoinJilnferrecI tom this Security Instrument u the "Property." <br /> <br />Boaaow.Ea CoVI!.NANTS that Borrower islawf'ully seised of thc estate hereby conveyed and has Ihe right to grant <br />and -\Ill)' the Property and that the Property is unencumbered, uccpt for encumbrances of record. Borrowcr warrants <br />ancI will defend aeneraJly the title to the Property apinat all cJaims and demands. subject to any encumbrances of record. <br /> <br />THIS SECUAITY INST1lUMENT combines uniform covenants for national use and non.uniform covenanls with <br />limited variatiODl by jurildicdon to CODItltute Ii uniform leCurity lnstnunent covering real propeny, <br /> <br />NURASKA-SIftaI. hmll)--fNllA/FHLMC UHIFOltIII IHlTlWIIIHT <br />P'NlftcIaI ~ Form.- <br />_ 111. <br /> <br />Form 3021 U/l3 <br /> <br />~- ~ <br />\~ <br />