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Lot Five (5), in Block One (1), in Continental Gardens, an Addition to the City <br />of Grand Island, Hall County, Nebraska. <br />which hastheaddressof #5 Via Trivoli, <br />(so.nI <br />Grand Islandcftl <br />Nebraska 68803 ( "Property Address "k <br />Izp cosal <br />Toc3E HEit WRrt all the improvements now or hereafter erected on the property. and all easements, rights, <br />appurtenances, rants, royalties, mineral, oil and gas tights and profits, water rights and stock and all fixtures now or <br />hereafta a pact of the property. All replacements and additions shall also be covered by this Security instrument. All of the <br />fompirig is telex. to in this Security Instrument as the "Property." <br />BonowER 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 title to the Property against all claims and demands, subject to any encumbrances of record. <br />TH1s SEcuRtTY IN417[UMENT combines uniform covenants for national use and nonuniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />NEBRASKA —U4, fwm4�/FNl11C 110wo1M MTMMENT Form 1026 12 163 <br />R— Isla <br />cc 2 <br />4 a .. _L Z� CIO <br />n _ <br />jig <br />_ <br />N <br />Cn <br />r :n ry <br />" <br />R <br />G <br />!n <br />Cn C17 <br />3 <br />[space aaow Thk L" For Refs" Data) <br />.. : <br />DEED OF TRUST <br />0 <br />1W- I <br />THIS DEED OF TRUST ["Security Instrument") is made on June 16 <br />19 88 . The trustor is Richard D. Morgan and Betty J. Morgan, Husband and Wife <br />---- --------- --- -------- ----- - -- - -1 "Borrower "l. The trustee is AREND R. SHACK, ettorm ("Trustee"). <br />The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is <br />organised and existing under the laws of NEBRASKA, and whose address is 221 South Locusd, Grants Island, Habra" <br />6W01 ("Leader"). <br />Borrower owes Leader the principal sum of Five Thousand Seventy and 75/100--------------- - - - - -- <br />----------------------------- Dollm(U,S.S 5,070.75 ).This debt is evidenced by Borrowes's note <br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt. if not <br />paid earlier, due and payable on Ju 5 1991 <br />This Security Instrument secures to I: (5a) 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 />located in Hall County, Nebraska <br />Lot Five (5), in Block One (1), in Continental Gardens, an Addition to the City <br />of Grand Island, Hall County, Nebraska. <br />which hastheaddressof #5 Via Trivoli, <br />(so.nI <br />Grand Islandcftl <br />Nebraska 68803 ( "Property Address "k <br />Izp cosal <br />Toc3E HEit WRrt all the improvements now or hereafter erected on the property. and all easements, rights, <br />appurtenances, rants, royalties, mineral, oil and gas tights and profits, water rights and stock and all fixtures now or <br />hereafta a pact of the property. All replacements and additions shall also be covered by this Security instrument. All of the <br />fompirig is telex. to in this Security Instrument as the "Property." <br />BonowER 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 title to the Property against all claims and demands, subject to any encumbrances of record. <br />TH1s SEcuRtTY IN417[UMENT combines uniform covenants for national use and nonuniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />NEBRASKA —U4, fwm4�/FNl11C 110wo1M MTMMENT Form 1026 12 163 <br />R— Isla <br />